Jay Clayton is the chairman of the US Securities and Exchange Commission who has confirmed an existing analysis stating that Ethereum and other cryptocurrencies of, which have similar characteristics, don’t fall within the securities category under SEC standards. Clayton has published his official response to Ted Budd,…
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The Securities and Exchange Commission in Thailand has recently approved a portal for an initial coin offering in the country. According to a report published today (March 13th), the board of directors of the SEC have given the approval for the portal which will help to screen…
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German parliamentary speakers argue that the country’s blockchain strategy should include an appropriate legal framework for cryptocurrency trading and token issuance
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Users of Monarch mobile cryptocurrency wallet can now earn interest on their digital assets thanks to an integration with blockchain lending and borrowing platform Celsius Network. The partnership brings together the technology stacks of the two blockchain industry leaders to create a native digital “savings account” for…
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Since our last price piece, bitcoin – the father of cryptocurrency – has risen by an additional $100 and is now trading for over $3,800. While the news may be positive, it’s hard to get overly excited about the currency’s sudden change in price. The $3,600 –…
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Some of the most well known banks in the world are also the biggest money launderers. The recent Troika Laundromat affair added another $8 billion to the trillions financial institutions wash every year. Over $2 trillion is laundered annually by criminals who utilize various ways to hide…
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The Malta Financial Services Authority (MFSA) has appointed U.S. cybersecurity company Ciphertrace to help with compliance monitoring of crypto assets. Ciphertrace will be expected to keep track of transactions that pass through local crypto exchanges and digital wallets including ICOs, screening for potential money laundering and terrorism…
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An EY executive who recently visited India and met with a number of government agencies has voiced his opinion about the future of cryptocurrencies in the country. He believes that bitcoin has no practical use, is just another “foreign” currency, and its widespread adoption could be “very…
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The U.S. SEC’s Finhub will host a series of local meetups across the country in a bid to engage more actively with the crypto and wider fintech community
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German regulators and lawmakers have been accused of failing to create a workable legal framework for blockchain adoption in a recent finance hearing
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