European Commission General Report on the Activities of the European Union Updates on Progress Including Fintech, Blockchain, Crowdfunding and More by JD Alois

BitFinex Partners With Bit mon Ex to Launch Digital Asset Trading Platform in Mongolia

Cryptocurrency exchange Bit Mon Ex recently announced it has teamed up with Bittrex to launch its digital asset trading platform in Mongolia. Bit Mon Ex claimed that through the partnership, Bit Mon Ex will use Bittrex’s technology to offer customers a secure, reliable, and advance… Read More

CFTC 2019 Examination Priorities Include Cryptocurrency

The Commodities Trading Futures Commission posted their examination priorities for 2019 this past week and included on the list was cryptocurrencies. These priorities are for registrants of the Division of Market Oversight (DMO), Division of Swap Dealer & Intermediary Oversight (DSIO), and Division of Clearing &… Read More

Previously Denied, Securities and Exchange Commission Granted Injunction Against Blockvest and Acts of Alleged ICO Fraud

In a valentine’s day reprieve, the Securities and Exchange Commission was granted a preliminary injunction against Blockvest LLC and its founder, Reginald Buddy Ringgold, III, pertaining to allegations of fraud connected with an initial coin offering (ICO). The judge overseeing the proceedings reconsidered the court’s previous order… Read More

Crypto Rockies: Wyoming Continues Legislative March to Create a Blockchain Friendly Market with Digital Asset Property Law

Wyoming, a state that is small in population but huge in blockchain aspirations, is continuing to enact laws that are pro cryptocurrency and blockchain. The most recent legislation passed is SF125 – a bill that recognizes property rights for digital assets. Sponsored by State Senator… Read More

“Are Investors Delusional?”: 93% of Ethereum dApps Show No Transactions

An article by a reporter at Bitcoinist has revealed that 93% of “dApps” (decentralized applications) built to run on the Ethereum crypto network had no transactions on the day they were examined. User rates were slightly better, at 86%, but without transactions, it seems likely… Read More

HSBC Says Its New DLT System for Forex Trades 25% Faster

An executive at HSBC has claimed the global bank’s new distributed ledger system for settling Forex trades is 25% more efficient than previous systems, Reuters reports. The system, HSBC FX Everywhere, is reportedly handling 3500-5000 foreign currency trades per day, though HSBC would not confirm what… Read More

Canada’s Coinsquare Acquires Global Decentralized Crypto Platform StellarX

thought-catalog unsplash Bitcoin Ethereum Cryptocurrency

Canadian cryptocurrency platform Coinsquare announced on Thursday it has acquired global decentralized cryptocurrency exchange, StellarX. The acquisition of StellarX reportedly comes on the heels of Coinsquare’s December 2018 acquisition of BlockEQ, which will be rebranded to become the anchor wallet for the StellarX platform. According to Coinsquare, StellarX… Read More

Reality Shares Fiat and Bitcoin Futures ETF Filing Withdrawn After One Day at SEC’s Request

Exchange-traded fund provider Reality Shares has withdrawn its application to have its proposed “Reality Shares Blockforce Global Currency Strategy ETF” approved by the SEC- one day after the request was initially filed, Bitcoin.com reports. According to the “request for withdrawal,” the demand was made at… Read More

Crypto Miners Return to Sichuan Province for Cheap Hydro During Rainy Season

After many were forced out and ruined by floods last year, tenacious crypto miners are nonetheless poised to (re)establish operations in the mountainous Chinese province of Sichuan. They plan to do so just ahead of May to October’s rainy season when the price of electricity… Read More

Bank of England FMI Annual Report: The Growth of Fintech Continues to Have an Impact

The Bank of England (BoE) has published its Supervision of Financial Market Infrastructures (FMIs) – Annual Report. And inevitably buried within there are some interesting comments when it comes to innovations in finance. The Bank regulates FMIs in three broad categories: payment systems, central securities depositories… Read More

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