The Mystics May Be Here, But Are Crypto's Cards in Reverse?

The Mystics May Be Here, But Are Crypto's Cards in Reverse?

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Crypto may be seeing an influx of mystics, but that might not be a sign the industry is on the right course, CoinDesk editor Bailey Reutzel writes.

Australia Cracks Down on Misleading and Deceptive Initial Coin Offerings

Australia Cracks Down on Misleading and Deceptive Initial Coin Offerings

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Australia’s financial regulator is cracking down on deceptive and misleading initial coin offerings (ICOs), citing “a serious breach of the Australian law.” As a result of the regulator’s inquiries, some issuers have halted their token sales or are modifying their structures. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space ASIC Takes Action Against ICOs…