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Tag: ICOs

FSB Releases Bullish Report on Cryptocurrencies

Category: Altcoins, Bitcoin, News, Platform, Tech

FSB Releases Bullish Report on Cryptocurrencies

The Financial Stability Board (FSB), the international body that monitors the global financial system, published a report on October 10, 2018, titled “Crypto-asset markets: Potential channels for future financial stability implications.” The report chiefly touched upon the initial assessment put forward in March by Mark Carney, FSB Chairman and Governor of Bank of England. The letter from Carney was addressed…

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South Korea Mulls Over Reversing Ban on ICOs

Category: Altcoins, Business, News, Platform, Regulation, Tech

South Korea Mulls Over Reversing Ban on ICOs

South Korean legislators are planning to chase the road to clear their stance on Initial Coin Offerings (ICO) in November this year. Despite the government’s on-again-off-again relationship with cryptocurrencies, a National Assembly committee has mooted to revamp the cryptocurrency policies in the country on October 10, 2018. South Korea: Bringing hope to ICO Industry An east Asian nation, South Korea…

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Binance Donates 100% of Listing Fees to Charity

Category: Altcoins, Bitcoin, Business, Commentary, Exchange, Finance, News

Binance Donates 100% of Listing Fees to Charity

Binance, one of the world’s fastest growing and popular cryptocurrency exchanges made a sudden announcement to their listing fees. According to a Medium post published on October 8, 2018, the exchange will begin to disclose cryptocurrency listing fees and donate all funds to charity. Size Doesn’t Influence Binance’s Listing Review Process According to Binance’s new listing fee policy, not only…

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South Korean Lawmakers Propose the Legalization of ICOs

Category: Altcoins, Bitcoin, Blockchain, Finance, Investment, News, Regulation

South Korean Lawmakers Propose the Legalization of ICOs

South Korea has maintained a reasonably negative stance on cryptocurrencies and initial coin offerings (ICOs) since their blanket ban in September 2017. According to Business Korea’s article released on October 4, 2018, however, the National Assembly is looking to convince the government to remove the ICO ban as it may undermine South Korea’s future competitiveness. Ban Forces Startups to Move…

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New Zealand Academics Call for Amenable Cryptocurrency and DLT Regulations

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

New Zealand Academics Call for Amenable Cryptocurrency and DLT Regulations

Professors at the University of Auckland have written a new report urging the New Zealand government to regulate the local distributed ledger technology (DLT) and cryptocurrency ecosystem to make the country a hotbed for related businesses, reported the New Zealand Law Society on October 1, 2018. New Zealand’s Big Wigs Recommend Favorable Crypto Regulations According to a report  by the…

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Ugandan Authorities to Develop Blockchain-Based Renewable Energy Economy

Category: News

Ugandan Authorities to Develop Blockchain-Based Renewable Energy Economy

After helping Ugandans to become their banks and seamlessly carry out daily financial transactions like purchasing mobile airtime, paying electricity bills and more, without having to pay exorbitant banking fees, the creators of DALA, an Ethereum-based ERC-20 token, are now partnering with the Ugandan government and other local firms to develop a blockchain-powered renewable energy economy, reported TechCrunch on October…

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Blockchain Startups Hiring Nobel Laureates as Advisors

Category: Altcoins, Blockchain, ICO News, News, Tech

Blockchain Startups Hiring Nobel Laureates as Advisors

The latest emerging trend in the blockchain space seems to be hiring Nobel Prize winners, with Alvin Roth, who shared the economics Nobel in 2012, becoming the newest laureate to join such a startup, Bloomberg reported on September 30, 2018.  Nobel Laureates Targeted as Advisors for Startups It seems like the days of blockchain startups relying on celebrity endorsements to…

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Crypto Leaders to U.S. Congress: Hurry up With Regulation or We Might Just Leave

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

Crypto Leaders to U.S. Congress: Hurry up With Regulation or We Might Just Leave

Around 80 business leaders representing the cryptocurrency industry and Wall Street met with U.S. lawmakers on Sep 25, 2018, to pass on an important message: Make way for regulatory clarity on crypto and ICOs without further delay or watch innovation ditching the U.S for a more business-friendly country. Hurry up with Regulations, Please The group demanding swift and effective crypto…

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33 Percent of ICO’s Found Nowhere on Cryptocurrency Exchanges

Category: Altcoins, Finance, Investment, News

33 Percent of ICO’s Found Nowhere on Cryptocurrency Exchanges

ICO’s have quickly become the de facto standard of raising funds within the cryptocurrency industry, with over $12 billion raised through ICO’s in the first half of 2018 alone. Despite the large amount of money that came into cryptocurrency in the past two years, September 25, 2018 reports allege that one out of every three ICO’s isn’t even listed on…

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FINMA: Cryptocurrency Firm Alliance Capitals Looks Like a Typical Scam Project

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

FINMA: Cryptocurrency Firm Alliance Capitals Looks Like a Typical Scam Project

Switzerland’s financial regulatory watchdog, the Financial Market Supervisory Authority (FINMA), has warned cryptocurrency investors to be wary of Alliance Capital, a firm claiming to offer clients cryptocurrency trading services, binary options, and other financial products, according to a Finance Magnates report on September 24, 2018. FINMA Cautions Investors Alliance Capital, a cryptocurrency startup that claims to be based in the…

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