EC VP Valdis Dombrovskis Comments on Regulation of Virtual Currencies & ICOs, Expects Commission to Publish Perspective Before End of Year

European Commission Vice-President Valdis Dombrovskis has issued a comment on the regulation of initial coin offerings (ICOs) and virtual currencies. The statement is part of an ongoing discussion within the European Parliament and the Commission. Dombrovskis is the Commissioner in charge of Financial Stability, Financial… Read More

Bithumb Celebrates Fifth Anniversary

The global cryptocurrency stock exchange Bithumb announced on Friday it is holding its third commemorative event in celebration of its fifth anniversary. The platform reported that the ‘Super Airdrop Festival’ event has two parts, the Login Event, and Air Drop Event, and is open to anyone who is… Read More

No Crypto Love at Nvidia as Shares Sink Due to Crypto Hangover

NVIDIA (NASDAQ:NVDA), the company that pretty much redefined the gaming industry with modern computer graphics chips, was hammered in after-hours trading yesterday following quarterly results that failed to please investors. Today, shares in NVIDIA look to open on NASDAQ significantly lower than when markets closed… Read More

BBIA: New Blockchain Association Launched to Represent UK Industry

Announced today, the UK blockchain industry has a new representative organization. The British Blockchain Industry Association (BBIA) seeks to provide a “clear voice for the UK blockchain industry, it’s members, stakeholders and the public good.” The group issued a release with a statement that it… Read More

Russian Crypto Association Cooperating with Iran to Create “SWIFT Counterpart”

In early November, SWIFT, the Belgium-based company that operates the global payments network of the same name, announced that “certain Iranian banks” would be cut off from using the service: “In keeping with our mission of supporting the resilience and integrity of the global financial… Read More

World Blockchain Trade Consortium Launches During Singapore Fintech Festival

The World Blockchain Trade Consortium (WBTC) launched this week at the Singapore Fintech Festival, according to a note from one of the founding members. The WBTC has launched with Fintech platforms, insurance providers and trade finance funds, each reportedly utilizing Invoice Check – a blockchain application… Read More

France: Are ICOs a New Method of Finance? French Regulator AMF Publishes Report on Crypto

The Autorité des Marches Financiers (AMF) the regulator that has oversight of securities in France, has published a report on initial coin offerings. Entitled ICO Françaises: Un Nouveau Mode de Financement? – the document is a follow up to a year ago launch to the… Read More

CFTC Enforcement Director Addresses Crypto Fraud in Speech

The Commodities Futures Trading Commission (CFTC) Enforcement Director James M. McDonald delivered a speech yesterday addressing current trends regarding enforcement actions and, of course, crypto and virtual currencies were on the list. Speaking at the NYU School of Law, McDonald said the Commission is adapting… Read More

Malware Researcher Finds Four Crypto-Stealing Wallet Apps at Google Play Store

Lukas Stefanko, a Malware researcher and blogger, recently identified four crypto-stealing wallet apps being hosted at the Google Play Store: “These threats imitate legitimate services for NEO, Tether and MetaMask. I reported these apps to the Google security team and they were promptly removed.” Stefanko divided the fraudulent… Read More

KPMG & Crypto Exchange Independent Reserve Launch Crypto Tax Estimator

KPMG Australia and Independent Reserve have joined to manage a pressing issue: taxes for cryptocurrency transactions. The two companies have partnered on a new “Crypto Tax Estimator.” Founded in 2013, Independent Reserve is said to be the largest cryptocurrency exchange in Australia. The crypto exchange… Read More

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