Riot Blockchain Announces Termination of SEC Investigation

Riot Blockchain, Inc. (NASDAQ: RIOT) ("Riot" or the "Company"), one of the few Nasdaq listed public cryptocurrency mining companies in the United States, received a written notification from the Division of Enforcement of the Securities and Exchange Commission (the "SEC") on January 29, 2020. According to the letter, the SEC has concluded its investigation of Riot, which was originally announced on April 9, 2018, and based on the information the SEC has as of the date of the letter, it does not intend to recommend an enforcement action against Riot, with respect to the matters investigated by the SEC.

DeepDive, CoinBase, DCG, Overstock, Bakkt, GreyScale and Their Impact on the Future of Blockchain

The initial speculative trend of the blockchain industry, which gave it a negative appearance, is gradually decreasing. The market is starting to clear itself from this "wild west" brand, and corporations are beginning to look into the available technologies and even integrate them. For many years now some of the major companies with ties to different business fields were developing their own proprietary DLT solutions, as well as supporting the developments by the third parties with investments.