Cryptocurrency Analysis and News Portal
Officially Bullish on blockchain technology, China is now reportedly censoring anti-blockchain sentiment. Meanwhile, a popular Chinese app with over 100 million active users has recommended a course on bitcoin, blockchain,
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In 2017, Bitmain ruled the roost and all eyes were on China, but 2018 was a barren year for cryptocurrency. Prices plummeted. Companies crumpled. The long-awaited initial public offerings of two crypto mining titans, Bitmain and Canaan Creative, failed at the final hurdle as the crypto winter humbled even
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The United Arab Emirates’ (UAE) Securities and Commodities Authority (SCA) has published draft regulations for crypto assets.Seeking feedback from the industryAccording to an official statement from Oct. 15, the SCA will be collecting public feedback on the draft regulations until Oct. 29 before providing the final drafted legislation regarding
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Chinese crypto mining giant Canaan Creative plans to list as a publicly traded company in the United States in November 2019, according to an unconfirmed report.Canaan to issue 1.26 billion sharesCanaan Creative, which reportedly filed a $200 million initial public offering (IPO) request with the U.S. regulators in July,
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Australia’s largest precious metal refinery, the Perth Mint, and InfiGold, a fintech startup focused on precious metals digitization, have jointly launched a gold-backed digital token.The new ERC-20 token is dubbed Perth Mint Gold Token (PMGT) and pegged 1:1 with GoldPass certificates issued by the Perth Mint, according to a
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According to a press release dated September 19, 2019, published on Nasdaq.com, U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton believes bitcoin needs further regulatory infrastructure before being listed on major exchanges. Sec Addresses Bitcoin Regulatory Weaknesses A few days after having brought to the court ICOBox, SEC comes back
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The British Financial Conduct Authority (FCA) has warned the public about First BTC FX, a supposed clone firm offering fraudulent crypto investments.Using details of an FCA-authorized firmAccording to an FCA warning published on Sept. 20, First BTC FX is posing as authorized firm First Global Limited. First Global is
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A board member of the European Central Bank (ECB) has argued that stablecoins like Facebook’s long-awaited Libra coin pose risks to public policy priorities.ECB board member Benoit Coeure delivered his comments on stablecoins’ regulatory issues at a meeting at the Bank of International Settlements (BIS) in Basel, Switzerland, Reuters
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ConsenSys and Hyperledger announced that ConsenSys has become the newest Premier Member of Hyperledger – and – ConsenSys’s PegaSys protocol engineering group submitted its Ethereum client, formerly known as Pantheon, now known as Hyperledger Besu, the first public chain compatible blockchain submission to Hyperledger. Hyperledger is an open-source collaborative effort
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Michael Novogratz’s cryptocurrency investment bank Galaxy Digital has gained approval from the Financial Industry Regulatory Authority (FINRA) to underwrite registered public offerings of securities.As reported by Bloomberg on Sept. 6, the company has its sights on facilitating security token offerings, or STOs.FINRA is a non-governmental private organization that acts
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