Cryptocurrency Analysis and News Portal
Data privacy has long been seen as one of the major non-monetary usages of blockchain technology. Many governments and corporations are already running recordkeeping systems based on distributed ledgers to securely store internal data.Tech enthusiasts believe that blockchain has the potential to revolutionize personal data and identity management for
Read More
Penghua Fund, an asset management firm based in the Guangdong province of China, has filed an application to list a blockchain-centered exchange traded fund (ETF) in China.Shanghai Securities News reported that if the application is approved, which is currently under review by China Securities Regulatory Commission, this would mark the
Read More
This post is part of CoinDesk's 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Donna Redel is founder of Strategic 50, a consultancy dedicated women in business, and board member of New York Angels, an independent consortium of
Read More
Bottle Pay, a cryptocurrency payment service startup, announced on December 13th that it will be ceasing its operations from the 31st of December onwards, in a blog post.The company explains that the reason for deciding to end all activities of the company by stating that since it is a UK-based
Read More
Swiss startup Anum has won a regulatory approval to widen its offerings of crypto-based financial products to retail investors in the European Union. Source
Read More
In this regulatory roundup, we cover the U.S. SEC approving a bitcoin futures fund, the new IRS tax form targeting crypto owners,
Read More
Stock and cryptocurrency trading platform Robinhood has withdrawn its bank charter application with the Office of the Comptroller of the Currency.As CNBC reported on Nov. 27, Robinhood voluntarily decided to withdraw its application with the regulator due to the challenges the company could face in receiving a charter. A
Read More
Bitcoin (BTC) exchanges in South Africa will lose their banking support after a local bank confirmed it was closing their accounts.As local internet magazine My Broadband reported on Nov. 19, FirstRand Bank (FNB) — one of the largest financial institutions in South Africa — sent letters regarding the move
Read More
The infamous cryptocurrency exchange and trading platform Bitfinex has announced on November 5 that it has halted the sale of K.im token on its Bitfinex Token Sale platform for an uncertain period of time due to regulatory issues.Bitfinex further affirmed that the developer of K.im will keep users notify about
Read More
The Chief Executive of Hong Kong’s Securities and Futures Commission, Ashley Alder, announced at a fintech conference in Hong Kong that the region’s financial regulator is going to develop a framework for digital asset exchanges. The framework was to be released on Wednesday.Hong Kong is the hub for many of
Read More