Poloniex is looking to get its own piece of the institutional pie by giving special treatment to institutional clients. U.S. cryptocurrency exchange Poloniex has launched a dedicated offering for institutional traders, the company announced in a blog post Dec. 4. Poloniex, which merged with financial services company Circle in February this year, currently ranks 47th […]
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Thailand-based crypto exchange Satang has set a goal to raise nearly $10 million in a coming Security Token Offering, the funds of which it will invest in developing a wallet. Thai cryptocurrency exchange Satang Corp. plans to raise nearly $10 million in a security token offering (STO), despite the recent market meltdown, Asia-focused business publication […]
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A U.S. Department of the Treasury official has urged crypto industry players to jointly fight against fraudulent activity and the misuse of digital currencies. The U.S. Department of the Treasury Under Secretary for Terrorism and Financial Intelligence Sigal Mandelker urged crypto industry players and regulators to prevent the illicit use of cryptocurrencies in a speech […]
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U.S. Rep. Warren Davidson of Ohio announced plans to introduce a bill in the House of Representatives that would regulate ICOs and cryptocurrencies. U.S. Rep. Warren Davidson (R) has announced plans to introduce legislation that would clearly regulate cryptocurrencies and Initial Coin Offerings (ICOs), local Ohio news agency Cleveland.com reports Dec. 3. According to Cleveland.com, […]
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New York state financial regulators have authorized a blockchain-based payments system offered by a local commercial bank. The Department of Financial Services of New York (NYDFS) has authorized a blockchain-based digital platform offered by a local bank, an official NYDFS press release states Dec. 4. NYDFS superintendent Maria T. Vullo announced today that the department […]
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Crypto markets are seeing a tint of green, with just a few top coins in the red. Bitcoin is hovering under the $4,000 mark. Tuesday, Nov. 4: Most of the top twenty cryptocurrencies are in the green, having overcome yesterday’s losses, with Bitcoin (BTC) hovering under the $4,000 mark. Market visualization from Coin360 During the […]
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Binance’s CEO has revealed the company’s plans to launch its own blockchain, “Binance Chain,” in the near future. Binance, the world’s largest crypto exchange by trading volumes, will launch its own blockchain “Binance Chain” in the “coming months,” as the company revealed in a tweet on Dec. 4. The new Binance-backed blockchain aims to provide […]
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According to Finance Minister Ueli Maurer, Switzerland will not create any specific blockchain or crypto legislation. The Swiss Minister of Finance, Ueli Maurer, has rejected a possible blockchain law in a speech at blockchain conference Infrachain in Bern, Cointelegraph auf Deutsch reported today, Dec. 4. Instead of a specific blockchain or crypto legal framework, Switzerland […]
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China’s Bitcoin “tycoon” Li Xiaolai will develop a stablecoin within the Hong Kong-based blockchain fund Grandshores Technology. Chinese crypto investor Li Xiaolai will lead a stablecoin project within Hong Kong-based blockchain fund Grandshores Technology, according to an official document issued on Monday, Dec. 3. China’s Bitcoin (BTC) “tycoon” Li Xiaolai has been also appointed as […]
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Cryptocurrencies are “Ponzi schemes,” while blockchain is “important,” says former Israeli prime minister. Ehud Barak, a former Israeli Prime Minister, has compared digital currencies to Ponzi schemes, Israeli media agency Arutz Sheva reported on Dec. 3. Barak had participated in the Camp David Accords in 2000 as part of an attempt to solve the Israeli-Palestinian […]
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