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The United States Security and Exchange Commission says that cryptocurrency investors should exercise caution when investing in those, and went on further to say that many cryptocurrency offerings did not follow state or federal laws. But don't worry, if you get ripped off, it is highly unlikely that the SEC can do anything to recover your lost investment.
“The SEC and state securities regulators are pursuing violations, but we again caution you that, if you lose money, there is a substantial risk that our efforts will not result in a recovery of your investment,” the officials said.
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Reuters is also reporting that Israel is looking to ban cryptocurrencies from its Tel Aviv Stock Exchange altogether.
The regulator has proposed an amendment to exchange rules that would prohibit it from listing shares issued by companies that mainly invest in, own or mine cryptocurrencies. Such companies also would not be allowed in the exchange’s indexes, and if they already trade on the exchange they would be delisted.
Both stories linked here.
“The SEC and state securities regulators are pursuing violations, but we again caution you that, if you lose money, there is a substantial risk that our efforts will not result in a recovery of your investment,” the officials said.
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Reuters is also reporting that Israel is looking to ban cryptocurrencies from its Tel Aviv Stock Exchange altogether.
The regulator has proposed an amendment to exchange rules that would prohibit it from listing shares issued by companies that mainly invest in, own or mine cryptocurrencies. Such companies also would not be allowed in the exchange’s indexes, and if they already trade on the exchange they would be delisted.
Both stories linked here.