Bermuda’s financial watchdog BMA has released a draft code of practice for crypto custodial services. Bermuda’s financial regulator has released draft regulation for crypto custodial services, according to an official press release issued on Tuesday, Dec. 18. The Bermuda Monetary Authority’s (BMA) draft regulatory document, entitled “Digital Asset Custody Code of Practice,” seeks to clarify […]
Continue Reading
The Securities and Commodities Authority of United Arab Emirates will introduce ICO regulation in the first half of next year. A financial regulator of United Arab Emirates (UAE) will introduce initial coin offering (ICO) regulations in the country by the end of the first half of next year. This development was reported by English-language local […]
Continue Reading
Crypto artist “cryptograffiti” has sold a tiny artwork in a “micro auction” in a bid to promote Lightning Network (LN) micropayments. Crypto artist “cryptograffiti” has sold a tiny artwork in a “micro auction” in a bid to promote Bitcoin (BTC) Lightning Network (LN) micropayments, according to a post from the artist’s Reddit handle published Dec. […]
Continue Reading
The number of crypto ATMs around the world kept growing in November, despite the recent market crash. The number of new crypto ATMs around the world continues to grow despite the recent crypto market collapse, according to data. Crypto teller locator Coin ATM Radar presented the data in a report published Monday, Dec. 10. Coin […]
Continue Reading
CEO Brian Armstrong is the first crypto entrepreneur to join billionaire-backed charity program The Giving Pledge. Coinbase CEO Brian Armstrong has become the first crypto entrepreneur to join billionaire-backed charity program The Giving Pledge, CNBC reports Friday, Dec. 21. Founded by moguls Bill Gates and Warren Buffett, the Giving Pledge campaign is now for the […]
Continue Reading
Chilean banks urge anti-monopoly court to revoke its decision that impedes blocking crypto exchanges’ banking accounts. Two major Chilean banks have urged the country’s anti-monopoly court to revoke its decision that prevents the closure of local crypto exchanges’ banking accounts. This development was reported by Chilean newspaper La Tercera on Thursday, Dec. 20. Banco del […]
Continue Reading
An article from The Wall Street Journal has suggested investors should sell and then repurchase their Bitcoin (BTC) as a strategy to save on taxes. An article published Dec. 21 by The Wall Street Journal (WSJ) has suggested investors should sell and then repurchase their Bitcoin (BTC) as a strategy to save on taxes. In […]
Continue Reading
Three figures at Upbit and owner Dunamu are under investigation after South Korea’s financial regulator complained to authorities. South Korea’s largest cryptocurrency exchange Upbit has denied accusations it had manipulated its order book after regulators indicted three of its staff, local English-language news outlet The Korea Times reported 21. Upbit, which is owned by developer […]
Continue Reading
Sources familiar with the matter told Bloomberg that Facebook is developing a cryptocurrency for transfers in WhatsApp. Facebook is reportedly making a cryptocurrency for users of the messaging service WhatsApp, Bloomberg reports on Dec. 20. The token will purportedly be used for money transfers made within the app, and will focus on the remittances market […]
Continue Reading
U.K.-based blockchain infrastructure firm Parity launched a beta version of its tool Substrate, with which users can create customized blockchains. United Kingdom-based blockchain infrastructure provider Parity has launched a beta version of Substrate, its tool for creating customized blockchains, according to a press release published Tuesday, Dec. 18. The release states that Substrate is designed […]
Continue Reading