Texas issues regulation for investors in cryptocurrencies
The North American state regulator created an emergency measure to prevent investments in electronic currencies being offered
The regulatory body of Texas, the United States, approved an emergency measure to prevent companies in the region from offering investments in cryptocurrencies.
This statute is being carried out by the Texas Securities Board, who issued the following pronouncement:
“The Commissioner of the State Securities Board issued an interim measure this Thursday, July 11, to stop companies associated with decentralized commerce from offering fraudulent investment plans in digital currencies to Texas residents,” the statement said.
All this was born after a group of companies that were linked to the illicit sale of securities, such as Mintage Mining LLC, Symatri LLC, NUI Social, Social Membership Network Holding LLC and BC Holdings and Investments LLC, all directed by Darren Olayan of Utah, were dismissed.
This order will therefore prevent transactions of any kind, linked to cryptocurrencies, from being carried out. It is also expected that there will soon be a severe sanction against the business group involved in the case.
K. Tovar
Source: Coincrispy
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