Month: February 2019

Indonesia’s Commodity Futures Regulator Releases Regulation for Crypto Futures Market

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Indonesia’s Commodity Futures Trading Supervisory Agency adopted a legal framework for crypto futures trading. Indonesia’s commodity futures regulator has established a legal framework for operating crypto and digital assets futures markets, according to an official press release published on Feb. 18. The Indonesian Commodity Futures Trading Supervisory Agency (Bappebti), which operates under Indonesia’s Ministry of […]

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China: Guangdong Province to Use Blockchain-Based Electronic Tax Invoices for E-Commerce

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China’s most populated province is set to issue general-purpose electronic invoices for consumers based on blockchain technology. The Guangdong Municipal Taxation Bureau will implement an electronic invoice platform based on blockchain for the e-commerce industry, local Chinese news outlet Southern News Network reported on Feb. 18. Guangdong Province, one the most populated region in China, […]

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Bitmain Announces Energy-Efficient ASIC Chip for Mining Bitcoin and Bitcoin Cash

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Bitmain has announced its next generation 7nm ASIC chip, which reportedly enables faster and cheaper mining. Chinese mining giant and ASIC hardware producer Bitmain has announced its next generation 7nm (nanometer) ASIC mining chip, according to a press release published on Monday, Feb. 18. The new mining hardware, BM1397, is designed for mining cryptocurrencies that […]

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CFTC Commissioner Brian Quintenz Suggests Creation of Crypto Self-Regulatory Organization

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CFTC commissioner Brian Quintenz suggested that participants in the crypto industry should create a self-regulatory structure. United States Commodity and Futures Trading Commission (CFTC) commissioner Brian Quintenz has suggested that participants in the cryptocurrency industry should create a self-regulatory structure. Quintenz made his remarks during a Bipartisan Policy Center panel held on Feb. 12. More […]

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Cryptocurrencies May ‘Upend the Digital World,’ Says Institutional Investor Consultancy

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Cambridge Associates has advised that crypto represents a sound investment for institutional investors in the long term. Crypto represents a sound investment for institutional investors in the long term, consultancy firm Cambridge Associates has advised, according to a Bloomberg report on Feb. 18. Boston-based Cambridge Associates, which specializes in pension and endowment consultancy, reportedly works […]

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Crypto Crime Trends Evolving as Users Wise Up: Exchange Hacks, Darknet and Money Laundering

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Crime trends in the cryptocurrency space are evolving, as criminals look for innovative ways to steal and launder stolen funds. Two prominent research papers have shed light on the latest crime trends affecting the cryptocurrency community over the past two years. Crypto analytics companies Chainalysis and CipherTrace released reports at the end of January that […]

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Self-Professed ‘Satoshi’ Craig Wright Answers CFTC’s Request for Input on Crypto Markets

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The controversially self-proclaimed “Nakamoto” and nChain chief scientist has filed two near-identical comment letters. Controversially self-proclaimed “Satoshi Nakamoto” and nChain chief scientist Craig Wright has reportedly submitted two near-identical comment letters to the United States Commodity Futures Trading Commission (CFTC). Wright filed his two documents on Feb. 15 in response to the agency’s request for […]

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Product Hunt Lists Educational Binance Academy as Third Most Popular Service

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The education platform from Binance launched in December to combat misinformation among crypto users. Cryptocurrency exchange Binance’s education portal has reached the top three most popular products on Y Combinator-backed exposure platform Product Hunt, the website’s listings revealed on Feb. 18. Product Hunt, which launched in 2013 to showcase up-and-coming products and services to mainstream […]

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