Blockchain Incubator Binance Labs Releases First ‘Batch’ of Blockchain Projects

Blockchain Labs has graduated its first blockchain projects from its Incubation Program. Binance Labs, the venture wing of the largest cryptocurrency exchange Binance, has released its first “batch” of blockchain projects from its Incubation Program, according to a press release shared with Cointelegraph on Dec. 14. Binance Labs is an initiative that seeks to help […]

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Major US Crypto Exchange Coinbase Adds Cash Withdrawals to PayPal

U.S.-based crypto exchange Coinbase enhances its services, introducing cash balance withdrawals to PayPal. Major American cryptocurrency exchange Coinbase has introduced free of charge cash withdrawals to online payment system PayPal, according to an announcement published Dec. 14. From now on, Coinbase’s United States-based customers are able to withdraw their cash balances to Paypal. The service […]

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Swiss Federal Council: Existing Financial Law Should Be Adjusted to Blockchain Industry

The Swiss Bundesrat has called for specific adjustments of existing financial laws in relation to the blockchain industry. The Swiss Federal Council (Bundesrat) has said that existing financial law in the country suits the blockchain industry, but needs specific adjustments. The government suggested several amendments in an official statement by the Federal Department of Finance […]

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Brazilian Premier League Soccer Club Launches Crypto ‘Fan Tokens’

Atletico Mineiro, a Brazilian premier league soccer club, is launching its own fan token “GaloCoin” based on Ethereum blockchain. Brazilian premier league soccer club Atletico Mineiro has launched a fan token dubbed “GaloCoin,” Cointelegraph Brazil reports Friday, Dec. 14. The GaloCoin is named after Atletico’s mascot, a rooster (“galo” in Portuguese). It is based on […]

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Bahrain’s Central Bank Publishes Draft Regulations on Crypto Assets

Central Bank of Bahrain has issued a draft of digital assets regulations which includes new licensing requirements for crypto service providers. Bahrain’s central bank has issued draft regulations on digital assets, Reuters reports Friday, Dec. 13. According to Reuters “the central bank said it had issued for consultation draft rules for crypto asset platform operators, […]

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Bitcoin Cash Tanks 13 Percent as Major Cryptocurrencies All Fall Hard

The cryptocurrency bear market continues in earnest as Bitcoin Cash investors in particular see holdings evaporate. Friday, Dec. 14 — Bitcoin Cash (BCH) led fresh losses across cryptocurrency markets as investors in the top twenty assets by market cap shouldered new lows. Market visualization from Coin360 Data from Cointelegraph’s own price index, Coin360 and Coinmarketcap […]

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Its ICO Portfolio ‘Could’ See 25 Percent Refund Rates Over Non-Compliance, Says Pantera Capital

Securities law enforcement means the investor’s various ICO project could come in for penalties, Pantera Capital has warned. Blockchain and cryptocurrency-focused investment firm and hedge fund Pantera Capital has warned that a quarter of its ICO projects could be found to violate the United States’ securities laws. According to the company’s most recent newsletter cited […]

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