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SEC warns public against three unlicensed entities - BusinessWorld Online

SEC warns public against three unlicensed entities - BusinessWorld Online
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SEC warns against three entities soliciting investments

SEC warns against three entities soliciting investments
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

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SEC warns public vs 'Xian Coin' of 'Coffee Date' scammer Xian Gaza

SEC warns public vs 'Xian Coin' of 'Coffee Date' scammer Xian Gaza ....

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SEC flags Gaza's digital currency Xian Coin

BusinessWorld
June 7, 2021 | 12:06 am
THE Securities and Exchange Commission (SEC) flagged Xian Coin, which is an unregistered âdigital currencyâ promising big returns with Christian Albert Gaza or Xian Gaza as the sole issuer.
Xian Coin is said to be a centralized digital currency powered by the Etherium Blockchain traded exclusively by its coin holders. A blockchain or distributed ledger is a âpeer-to-peerâ database across computer networks, recording transactions that may never be altered.
âUnlike other digital assets which are decentralized and use consensus [mechanisms] such as proof-of-work/proof-of-stake or mining and whose value is dependent on supply and demand, Xian Coin is centralized, pre-mined or generated and whose supply and purported value is controlled by Xian Gaza,â the SEC said. ....

Keren Concepciong Valmonte , Etherium Blockchain , Bangko Sentral , Christian Albert Gaza , Exchange Commission , Guidelines For Virtual Asset Service Providers , Cristiano Alberto Real Estate Fund , Virtual Asset Service Provider , Xian Coin , Xian Gaza , Virtual Asset Service , Xian Coins , Cristiano Alberto Real Estate , Securities Regulation Code , Keren Concepcion , கிறிஸ்துவர் ஆல்பர்ட் காஸ , பரிமாற்றம் தரகு , கிறிஸ்டியானோ ஆல்பர்டோ ரியல் எஸ்டேட் நிதி , மெய்நிகர் சொத்து சேவை வழங்குநர் , ஐயியாந் காஸ , மெய்நிகர் சொத்து சேவை , பத்திரங்கள் ஒழுங்குமுறை குறியீடு , கர்ரந் கருத்து ,