Blockchain & Digital Currency

European Regulation Is on the Way, Crypto Exchanges Had Best Be Prepared

The European Union does not need to seek out any problems for the moment, with the highly publicized ‘divorce’ from the UK taking place in the full media spotlight, but it’s easy to forget that, as things stand, the EU is also taking its approach… Read More

UK MP Stephen Hammond to Advise Cryptocurrency Exchange IronX

Stephen Hammond, a Member of Parliament and current Member of the UK Treasury Select Committee, has agreed to advise IronX on government relations.  IronX is a cryptocurrency exchange that “aims to bring crypto trading to the mass retail market. IronX has also reported the successful… Read More

Evoke Capital Integrates With KoreConX’s KorePartners Ecosystem

KoreConX  announced earlier this week that Evoke Capital will now be integrated into its KorePartners ecosystem. The KorePartner ecosystem is a group of selected companies that support the KoreConX security token protocol and adhere to KoreConX’s strict governance standards. Evoke Capital is described as an online… Read More

NASAA Publishes Annual Enforcement Report, Adds Operation Cryptosweep as Focus

The North American Securities Administrators Association (NASAA), the group that represents state, provincial and territorial securities regulators, has published their annual enforcement report for 2017. Each year, NASAA correlates a summary of all the legal actions, including penalties and criminal prosecution from the US, Canada and… Read More

US Marshals: 660 Bitcoins for Sale November 5th

US Marshals have announced that they will sell 660 bitcoins in two online sealed-bid auctions November 5th between 8 AM to 2 PM EST. A deposit of $200 000 USD per series is required by October 31st, 2018 to participate. The bitcoins on auction were… Read More

Kristy Minehan, aka @OhGodAGirl, Shares Blockchain Wisdom, Predicts End of Crypto Mining & Warns on Bitcoin Manipulation

A couple weeks back I had the chance to speak with Kristy Minehan (aka @OhGodAGirl) who is the founder and former CEO of blockchain hardware and software company, Mineority. The conversation was one of the most interesting digital discussions on crypto I have had to… Read More

North Dakota Securities Commissioner Issues Cease & Desist to Multiple Initial Coin Offerings

Last week, the North Dakota Securities Commissioner Karen Tyler issued three separate Cease & Desist (C&D) orders against three initial coin offerings (ICOs). The new C&Ds are part of an ongoing initiative by the Commissioner and the Department’s ICO Task Force which is investigating questionable… Read More

CFTC Commissioner: Programmers Could Be Prosecuted for Writing Predictive Smart Contracts

Developers that write predictive smart contracts could be subject to various types of enforcement action and liability, CFTC Commissioner Brian Quintenz told an audience in Dubai yesterday. Quintenz, whose agency regulates derivatives markets in the US, singled out both securities-preformance predictive software (“It could look… Read More

BitGo Attracts Goldman Sachs & Galaxy Digital Ventures As New Investors Through Series B Funding Round

Blockchain software firm BitGo announced on Thursday it has completed its latest Series B funding round, which raised $58.5 million. The company attracted new investors through the round, such as Goldman Sachs’ Principal Strategic Investments group and Galaxy Digital Ventures LLC, a venture investment firm founded by… Read More

Chinese Crypto-mining Hardware Companies May Be Hit Hard By US Tariffs

New tariffs in the US that raise taxes on imports of crypto-mining machines from 2.6% to 27.6% may significantly impact revenues at Chinese companies like Bitmain, South China Morning News (SCMP) reports. The tariffs have come into place after American trade overseers in August reclassified, for… Read More

NatWest Launches Blockchain based Syndicated Loan Market to Address £3.5 Trillion Global Market

NatWest has announced the launch of a syndicated loan market built on blockchain. The goal is to “dramatically transform and streamline the global syndicated loans market.” NatWest partnered with Fusion LenderComm, a platform built by Finastra. The new platform will go-live in November. NatWest notes… Read More

Gibraltar Update: Coinfloor Bitcoin Exchange Issued DLT-License & New Tech Classes at Uni

According to the GFSC, Gibraltar “is committed to being a sound and safe place to do business with and is considering a complementary regulatory framework covering the promotion and sale of tokens, aligned with the DLT framework.” As expected, crypto platforms are taking advantage the… Read More

Binance Opts for Chainalysis’ KYC & AML Compliance Solutions: Building Trust

Chainalysis, a cryptocurrency compliance and investigation solutions provider, has completed a global roll-out of its compliance solution with Binance, the world’s largest cryptocurrency exchange by trade volume, to help address the challenges at the intersection of cryptocurrencies, regulators and traditional financial institutions. “Cryptocurrency businesses of… Read More

Colorado Issues Two Cease & Desist Orders for ICOs Selling Unregistered Securities: DavorCoin and Cyber Capital Invest

The Colorado Division of Securities posted a note this week about issuing “final” Cease & Desist orders pertaining to two companies promoting initial coin offerings (ICOs). The C&D referenced selling un-registered securities in the state. Davor, offering the DavorCoin, and Cyber Capital Invest, offering CCI… Read More

Origin Protocol Launches Mainnet Beta, the Market is Open

Origin Protocol, a blockchain based company that issued a token on CoinList and then raised money from outside the US with a public sale, has launched their platform that is designed to create the “backbone for decentralized peer to peer commerce.” Origin said they expected… Read More

World’s Biggest Insurtech Conference Captures Industry Mood on Blockchain, AI

On October 2-3, 2018 Oliver Wyman, a global management consulting firm, presented Insuretech Connect at the MGM Grand in Las Vegas, Nevada. The event was promoted as the largest annual insurtech event in the world, this year boasting over 6000 registered guests and over 250… Read More

Israeli Blockchain Association Reports: Number of Blockchain Startups in Israel has Tripled & Stands At More Than 200 Since the Beginning of the Year

Israeli Blockchain Association, an Israel-based organization that aims to educate, develop and empower the blockchain community of Israel as well as connects with both global leaders and best practice, announced on Wednesday the release of its third Israeli Blockchain Startup Map, which covers over 200 startups operating in… Read More

Former CFTC Chairperson and Current MIT Lecturer Says Crypto “Probably” Needs More Regulation Than Commodities

Former CFTC Chairperson and Current MIT Lecturer Gary Gensler told reporters at Bloomberg Monday that cryptocurrency markets need more protection than commodities: “The pure cash cryptocurrencies like Bitcoin need more protection, and probably more protection, than, frankly, even the oil markets and corn and wheat.”… Read More

UK Electronic E-Money Institution Moneynetint Completes Integration Phase With Ripple

Moneynetint, a UK-based electronic e-money institution which provides cross-border money transfers and currency exchange for corporate clients around the globe, announced on Wednesday it has completed the integration phase with Ripple. Founded in 2005, Moneynetint notably provides money transfer service for Forex Traders and Brokers… Read More

Maldives Monetary Authority: Crypto Not Legal Tender, Permission Not Granted

The Maldives Monetary Authority (MMA) has, “caution(ed) the general public on the use of crypto currency and other virtual currencies,” in the small archipelago nation lying southwest of Sri Lanka in the Indian Ocean, though the overall status of cryptocurrencies there remains grey. The press release… Read More

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