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Despite Crypto Downfall, Southeast Asian Countries Fast Turning into a Blockchain Hub

December 10, 2018 by contributor at Adoption, Blockchain, Business, Finance, News, Regulation

Southeast Asia is swiftly shaping into a blockchain hub, with most emerging and developed markets in the region firmly positioning themselves at the forefront by deploying blockchain-based products across a myriad of business verticals, reported The Asean Post on December 10, 2018. Beyond the Internet Boom While most uses of...

Former Congressman Ron Paul Accuses U.S. Fed of Manipulation; Urges Cryptocurrency Detaxation

December 10, 2018 by Rahul Nambiampurath at Bitcoin, Blockchain, Finance, News, Platform, Regulation

Former presidential candidate Ron Paul published an article titled “Trump Is Right, the Fed Is Crazy” in November 2018, pointing out for the immediate detaxation of cryptocurrencies and precious metals in the United States. Abusing Power to Manipulate Finance According to Paul, the U.S. Federal Reserve is abusing its position...

Scissors Cutting Strings Attached to Crypto

Congress Members Introduce Bills to Prevent Virtual Currency Price Manipulation

December 10, 2018 by Nuno Menezes at Altcoins, Bitcoin, Finance, News, Regulation

On December 6, 2018, Congressman Darren Soto (D-FL-09) and Ted Budd (R-NC-13), presented legislation fillings designed to avoid the price manipulation of virtual currency and to keep the U.S. leading the cryptocurrency industry. Safeguarding Consumers and Stimulating Innovation The pair of Congressmen presented two new pieces of legislation which propose a...

SEC Slaps $50,000 Fine on Delaware-Based Crypto Investment Fund

December 9, 2018 by Pratik Makadiya at Altcoins, Bitcoin, Business, Crime, Finance, News, Regulation

On December 7, 2018, the United States Securities and Exchange Commission (SEC) issued a cease and desist order and a penalty of $50,000 against Delaware-based crypto assets fund firm CoinAlpha Advisors LLC. SEC Hits Crypto Fund for Violating Securities Law According to the filing published on the commission's website,...

Canadian Crypto Exchange Coinsquare BuyCoin squares BlockEQ Wallet for $9 Million

December 9, 2018 by Priyeshu Garg at Blockchain, Finance, News, Platform, Regulation

Coinsquare, one of the leading cryptocurrency exchanges in Canada, has acquired BlockEQ, Stellar's non-custodial crypto wallet, in a bid to expand its offerings beyond just digital asset trading, the company announced in a press release on December 6, 2018. “Coinbase of Canada” Acquires BlockEQ While many still speculate about how...

What Bear Market? 29 Percent of Freelancers Would Like to be Paid in Crypto

December 8, 2018 by Alex Lielacher at Adoption, Altcoins, Bitcoin, Blockchain, Finance, News, Platform, Regulation, wallet

According to a new study published by Humans.Net on December 7, 2018, almost one-third of freelancers would like to receive payments in cryptocurrency despite the current bear market, which has seen bitcoin drop to a new one-year low. Humans.Net Poll Online jobs platform Humans.Net has surveyed 1,110 of its users,...

Bitcoin ETF: SEC Postpones the Decision Until February 27, 2019

December 7, 2018 by Aisshwarya Tiwari at Bitcoin, Exchange, Finance, News, Regulation

The U.S. Securities and Exchange Commission (SEC) released an official statement on December 6, 2018, postponing the decision on VanEck’s Bitcoin ETF until February 27, 2019. The extension of review period by the financial watchdog didn’t bode too well for the already reeling crypto markets, as bitcoin’s value has since...

Swiss Residents Can Now Buy Monero (XMR) at Bity-Operated Crypto ATMs

December 7, 2018 by Rahul Nambiampurath at Adoption, Altcoins, Business, Finance, News, Regulation

Blockchain startup Bity has announced that its cryptocurrency ATMs deployed across Switzerland will now support the purchase of Monero (XMR) tokens. The company has listed the addresses and operating hours of its machines in a post published December 4, 2018. The Gold Standard of Privacy Coins Denominations of the privacy...

Abu Dhabi Global Market Successfully Concludes First Phase of Blockchain-Based KYC Project

December 7, 2018 by Cindy Huynh at Blockchain, Business, Finance, News, Regulation

Abu Dhabi Global Market (ADGM) recently announced the successful completion of the first phase of a blockchain-based electronic-Know-Your-Customer (e-KYC) utility project. According to the press release published on December 4, 2018, the e-KYC had significantly simplified and improved the KYC process by providing an immutable audit trail. e-KYC Project Demonstrates...

Ripple, Cardano, NEM, and Fetch.AI Form Lobbying Group in Europe

December 7, 2018 by Aisshwarya Tiwari at Altcoins, Blockchain, News, Regulation

According to a report by Finance Magnets, published on December 5, 2018, Ripple (XRP), NEM, Fetch.AI, and Cardano (ADA) have come together to form a lobbying group in Europe. The aim of the group will be to “create a unified voice for the blockchain industry at the European level.” Regulations:...

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