The SEC Is Setting Up a New Division to Talk to ICO Startups

The U.S. Securities and Exchange Commission (SEC) is launching a new division with the goal of making it simpler for fintech startups – including those launching initial coin offerings (ICOs) – to navigate the legal implications of their products. Announced Thursday, the Strategic Hub for Innovation and Financial Technology (FinHub) …

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Chip Maker TSMC Forecasts Weaker Crypto Mining Demand in Q4

Chip-making giant Taiwan Semiconductor Manufacturing Company (TSMC) has predicted weak demand for processors from cryptocurrency miners in the fourth quarter of this year. TSMC, the primary supplier for crypto mining giant Bitmain, announced in its Q3 2018 earnings call Oct. 17 that its revenue growth will be impacted by “continued …

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