Texas tells oil outfit to stop taking Bitcoin

Regulators in the US state of Texas have issued a cease and desist order to a small oil and gas company after the minnow advertised it would take exploration investments in Bitcoin, the virtual currency.

Bitcoin rule: Texas state securities board tells company to improve disclosure for oil and gas investments
Bitcoin rule: Texas state securities board tells company to improve disclosure for oil and gas investments
Published 11 March 2014, 22:07Updated 11 October 2016, 16:23