Morgan Rockoons engaged in fraudulent activity while already on bail for unlicensed money transmission. United States authorities have brought criminal charges against a LocalBitcoins trader in connection with operating an unlicensed money transmission business, a government press release confirmed on May 28. As revealed by the U.S. Attorney’s Office for the Southern District of California, […]
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So far, Havard and Yale lead the pack of institutional money in the crypto world, with multi-million dollar investments in cryptocurrency-related companies. Despite the crypto volatility, the widely publicized regulatory concerns and a lack of liquidity in the cryptocurrency market, reports show that university endowments worldwide are dipping their toes into cryptocurrencies. Recently, a survey […]
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Iran’s central bank, in partnership with a local blockchain solutions provider, is developing a national blockchain platform called Borna that will be used to revamp the country’s ailing banking and financial markets. The Central Bank of Iran (CBI), via its Informatics and Services Corporation (ISC) and in conjunction with Areatak — a Tehran-based blockchain solutions […]
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A capital markets platform in Singapore will be ready to fully launch regulated trading of digitized securities in early 2020. Capital markets platform iSTOX has joined Singapore’s regulatory sandbox to launch digitized securities trading in late 2019, the firm announced in a tweet on May 24. Following its addition to the Monetary Authority of Singapore […]
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ATM operator Coinme has added around 100 extra locations to its Coinstar setup, which allows users to buy bitcoins for cash. Bitcoin ATM operator Coinme has expanded its bitcoin (BTC) purchasing options for United States residents to cover 21 states, the company confirmed in a press release on May 22. Coinme, which began as the […]
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The central bank of Laos has warned the public against the use, purchase or sale of digital currencies. The central bank of Laos has warned the public against the use, purchase or sale of digital currencies, local news outlet Vientiane Times reported on May 21. The Bank of the Lao PDR has issued a warning […]
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An indictment names several individuals and companies, with fraudulent activities continuing over a period of several years. The United States Securities and Exchange Commission (SEC) has halted a confirmed cryptocurrency Ponzi scheme after it took funds worth $30 million, the regulator confirmed in a press release on May 21. The principal behind Argyle Coin, Jose […]
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The month-long sale has already secured almost 70% of its goal in a period of less than 48 hours. United States cryptocurrency exchange Kraken is offering equity to users in a fundraiser that raised over $6 million in its first day, statistics confirmed on May 21. Kraken, which is one of the world’s oldest exchanges, […]
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Senior executives acknowledged the technology is not yet superior for its purposes, while remaining optimistic about development. A senior executive from American delivery services company FedEx is unconvinced about the benefits of blockchain technology in its present form, Memphis-based local news outlet Commercial Appeal reported on May 20. In a new interview, the firm’s dedicated […]
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Kraken argues against proposed regulation of crypto by Canadian securities entities. Canadian exchange Kraken has published a paper arguing against proposed regulation of crypto assets by the Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC). The exchange shared its comments in an official twitter post on May 16. Kraken says […]
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