Examining Australia’s Updated Regulations for ICOs and Crypto Trading

Australia’s top financial regulatory watchdog issues updated guidelines for ICOs and cryptocurrency trading. The Australian Securities and Investment Commission (ASIC) on May 30, 2019 published an updated guideline for initial coin offerings (ICOs) and cryptocurrency trading. These new guidelines are aimed at helping cryptocurrency-related businesses understand their compliance requirements vis-à-vis existing laws contained in the Australian Corporations and ASIC […]

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Gartner: Blockchain Tech Used by Enterprises at Risk of Becoming Obsolete Within 18 Months

Many enterprises have unrealistic expectations when looking to implement blockchain, the research firm Gartner has warned. Research firm Gartner has warned that 90% of the blockchain technology used by enterprises will need to be replaced within the next 18 months, tech site ITPro reported on June 3. The company’s senior research director, Adrian Lee, said the industry’s fragmented […]

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Brazilian State-Owned Bank Funds Documentary via Its Own Ethereum-Based Token

Brazil’s National Bank for Economic and Social Development will finance the production of a documentary using its BNDES token. A Brazilian state-owned bank is reportedly funding a documentary film through its own ether-based stablecoin, Cointelegraph Brazil reports on June 3. Brazil’s National Bank for Economic and Social Development (BNDES) will finance the production of a […]

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Hodler’s Digest, May 27–June 2: Top Stories, Price Movements, Quotes and FUD of the Week

Kik has launched a Defend Crypto campaign, while Facebook’s crypto coin could face some demographic challenges. Coming every week, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph […]

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OKEx Says Crypto Is the Future of Money for Consumers in Unstable Economies

sponsored A crypto exchange offers conversions from seven fiat currencies to reach a global audience. One of the world’s biggest crypto exchanges by trading volume believes digital currencies can provide financial freedom to consumers in countries where instability and inflation are making fiat payments impractical. In the world of digital technology dominance, traditional global financial […]

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Brazilian Banks to Implement New HyperLedger-Powered Digital ID Platform

Brazilian banks will be implementing a new standardized blockchain identity solution powered by Hyperledger Fabric. Brazilian banks will be implementing a new standardized blockchain identity solution powered by the Hyperledger Fabric-platform, Cointelegraph Brazil reported on June 2. The identity solution — co-developed by IBM and the country’s central bank, CIP — is reportedly to be […]

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