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BlockSplit • April 27-28, 2018

BlockSplit is a blockchain community conference organised to grow the global blockchain ecosystem. It will provide experienced members with a…

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Tag: ICO Regulations

Singapore and Hong Kong Emerging as the World’s Top Crypto-Friendly Cities

Category: Altcoins, Bitcoin, Business, Finance, News, Regulation

Singapore and Hong Kong Emerging as the World’s Top Crypto-Friendly Cities

After China implemented a blanket ban on cryptocurrencies in 2017, Singapore and Hong Kong have emerged as the leading business-friendly destinations for East Asian crypto companies aiming to raise funds via Initial Coin Offerings (ICOs). Singapore Becoming a ‘Hub’ For Crypto Businesses Anson Zeall, chairman of Association of Cryptocurrency Enterprises and Startups in Singapore, informs that while it may be…

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Tezos Co-Founder FINRA Suspension Could Impact Project Launch

Category: Altcoins, Business, Finance, News, Regulation

Tezos Co-Founder FINRA Suspension Could Impact Project Launch

The fine issued by the Financial Industry Regulatory Authority (FINRA) to Tezos co-founder Arthur Breitman could reportedly affect the Tezos project, especially if the SEC deems its tokens to be a security. On April 18, 2018, Breitman was fined $20,000 for alleged violations of FINRA regulations, a charge he neither admitted nor denied. FINRA also suspended him from associating with…

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Putin to Legalize Cryptocurrency Markets by July 2018

Category: Blockchain, Mining, News, Regulation

Putin to Legalize Cryptocurrency Markets by July 2018

Russia is one of the countries that was massively skeptical about the claims of cryptocurrencies and blockchain technology in the beginning, but it seems that they have now made a convincing shift towards embracing this technology. It was announced that plans are in place for new legislation to be passed in Russia which if successful, will see crypto markets being…

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The True Sentiment Behind the Senate Meeting on Bitcoin, ICOs, and Blockchain Technology

Category: Bitcoin, Blockchain, Commentary, News, Regulation

The True Sentiment Behind the Senate Meeting on Bitcoin, ICOs, and Blockchain Technology

On February 6, 2018, the Senate created a forum to discuss cryptocurrencies in a meeting titled, “Virtual Currencies: The Oversight Role of the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission.” This meeting had been long anticipated by the community, with many speculating that this session could be a “make or break” moment for the cryptocurrency…

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Thailand to Regulate the ICO Industry in Near Future

Category: Commentary, News, Regulation

Thailand to Regulate the ICO Industry in Near Future

  In another major step, Thailand is moving to regulate Initial Coin Offerings. The Securities and Exchange Commission of Thailand and the Stock Exchange of Thailand are in negotiations to prepare a draft for a legal and comprehensive framework to regulate ICOs in the country. Gathering Feedback on Regulatory Perspectives The country’s SEC wants to strike a balance between supporting…

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International Securities Board Reminds Public to be Wary of Initial Coin Offerings

Category: News, Regulation

International Securities Board Reminds Public to be Wary of Initial Coin Offerings

  The International Organization of Securities Commissions Board (IOSCO) released an advisory calling for increased vigilance and discretion with regards to initial coin offerings. Legal Recognition for Initial Coin Offerings Given that the digital token industry received several billion dollars worth of funding in 2017 alone, scams have begun to pop up quicker than can be acted upon by regulatory…

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Less Than One Percent of Bitcoin Transactions Used for Illicit Activities Says New Study

Category: Bitcoin, Commentary, News, Regulation

Less Than One Percent of Bitcoin Transactions Used for Illicit Activities Says New Study

UK-based blockchain intelligence firm Elliptic partnered with a program within the Foundation for Defense of Democracies known as the Center on Sanctions and Illicit Finance (CSIF) to study data on the Bitcoin blockchain in an effort to determine the quantity of illicit funds that make their way into the bitcoin ecosystem. The report also looked into how these “dirty bitcoins”…

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Power Stations Being Purchased in Russia by Private Investors for Cryptocurrency Mining

Category: Bitcoin, Business, Finance, Mining, News, Regulation, Tech

Power Stations Being Purchased in Russia by Private Investors for Cryptocurrency Mining

The process of mining cryptocurrencies takes a lot of energy for the high-powered computers to complete the algorithms associated with approving transactions through the blockchain. Moving Public Crypto Mining, Private These expenses are why there have been two electric power stations sold in Russia to private investors for the process of mining cryptocurrency. Both of these plants are located in…

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Swiss Government Introduces Blockchain Task Force to Regulate Startups and ICOs

Category: Blockchain, Business, Commentary, News, Regulation, Tech

Swiss Government Introduces Blockchain Task Force to Regulate Startups and ICOs

The government of Switzerland is reportedly working towards laying down regulations for the blockchain and Initial Coin Offering (ICO) industry. Spearheading the movement is Taskforce Blockchain, a group led by the country’s Finance and Economic and Education ministers, Ueli Maurer and Johann Schneider-Ammann. The team also includes federal, local legal representatives and key members of the Swiss blockchain startup ecosystem….

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Vancouver on the Verge of Becoming a Cryptocurrency Heavyweight

Category: Business, Commentary, News, Regulation

Vancouver on the Verge of Becoming a Cryptocurrency Heavyweight

While cryptocurrencies and initial coin offerings are facing strict regulations in countries like China, South Korea, and others, Canada is creating an environment for fintech startups to flourish. A Crypto Friendly City In 2017, several successful ICO projects were held in the Canadian city of Vancouver. Vanbex Group, creators of FUEL token, is blazing the trail in the Canadian Fintech…

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