In today’s edition of Bitcoin in Brief we cover stories about the stoners’ magazine High Times which dropped cryptocurrencies from its IPO, Binance launching its own academy, an institutional investors program by Kucoin and the Cash App expanding its crypto buying service across America.
Also Read: An ICO Venture Is Trying to Take Over a Tokyo Stock Exchange Listed Company
Stoners Drop Crypto From IPO
The popular cannabis culture publication High Times recently announced that it is holding an initial public offering (IPO) and that it will be the first regulated A+ stock willing to accept cryptocurrencies such as BTC and ETH. However, according to a filing with the Securities and Exchange Commission (SEC) that was just an honest mistake. The announcement was “distributed in error as the Company will not be accepting bitcoin as payment for shares. As provided in the Company’s subscription agreement related to the offering, the Company will only be accepting check, credit card, ACH or wire transfer as payment for subscription to shares,” High Times now claims. While it would have been fair to assume another company might have gotten cold feet due to the current bear market, or that it was somehow intimidated by the regulators behind the scenes, in this case it is indeed possible that whoever wrote that original announcement was just stoned out of their mind at the time.
Binance Launches Academy
Popular cryptocurrency exchange Binance has announced it is launching a brand new educational resource portal in an open beta. Binance Academy is defined as an open access learning hub supported by the venue’s team. “Our aim is to provide a one-stop-shop for blockchain and crypto learning resources, open to anyone and for the benefit of all,” they explain. Current
