Brooklyn ICO Promoter Sentenced to 18 Months in Federal Prison
The fraudster used diamonds and real estate to whisk away $300,000 in other people's money in 2017. Source
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Exchanges
The SEC Is Reviewing the Bitwise Bitcoin ETF Rejection
The agency’s five commissioners will review a staff decision to reject the rule-change proposal for a bitcoin ETF made last month. Source
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Andrew Yang Campaign Releases Technology Plan Focused on Rebuilding Public Relationship With Big Tech
The crypto-friendly presidential candidate outlined his tech visions in a blog post to his campaign site. Source
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No, Royal Bank of Canada Isn’t Opening a Crypto Exchange
Contrary to recent media reports, Canada’s largest bank is not opening a crypto exchange. Source
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UK Law Panel Defines Crypto Assets as Property
A panel of senior British judges and lawyers has moved to clarify the legal status of cryptocurrencies and smart contracts. Source
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US Crypto Firms Will Soon Have Another Banking Option
U.K.-based Cashaa, which describes itself as a banking service platform, is about to launch bank accounts for stateside crypto firms denominated in U.S. dollars. Source
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Visa R&D Arm Develops a Blockchain System That Could Replace Financial Data Aggregators
Visa has been quietly developing a blockchain system that could upend how banks transfer data to consumer financial apps like Mint and Credit Karma. Source
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This Tiny Crypto Startup Has Lessons for Libra’s ‘Unbanked’ Dreams
If Facebook’s Libra project truly aims to serve the globe’s 1.7 billion unbanked, Hong Kong-based Bitspark might offer some insights. Source
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Introducing the New CoinDesk.com
We’ve done a complete rebuild of our website. Our goal is to better integrate the journalism, data streams and events into one cohesive story. Source
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Crypto Derivatives: A Corner of the Market or the Market Itself?
Emmanuel Goh, CEO of skew.com, looks at the evolution of the crypto derivatives market, and what that says about the market overall. Source
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