Tag: cryptocurrency

Japanese Financial Watchdog Grants Self-Regulatory Status to Local Crypto Exchanges

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Japan’s Financial Service Agency has certified self-regulatory body JVCEA to oversee the local cryptocurrency industry. Japan’s Financial Services Agency (FSA) has given the local crypto industry self-regulatory status, certifying the Japanese Virtual Currency Exchange Association (JVCEA) to oversee the space, Cointelegraph Japan reports Wednesday, Oct. 24. The FSA expects the self-regulatory body to set rules […]

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Taiwan Will Issue Draft ICO Rules By June 2019, Regulator Says

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Taiwan’s financial regulator plans to outline official regulations for ICOs next year, reversing a hands-off policy adopted in 2017. Taiwan plans to release draft Initial Coin Offering (ICO) regulation by June 2019, local English-language daily news outlet Taipei Times reported Tuesday, Oct. 23. The publication quoted plans from Wellington Koo, chairman of Taiwanese finance regulator […]

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Police Arrest Indian Crypto Exchange Co-Founder for Unregistered ‘Illegal’ Bitcoin ATM

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Police have seized an allegedly unregistered Bitcoin ATM machine in India and arrested its owner, the co-founder of domestic crypto exchange Unocoin. The co-founder of Indian crypto exchange Unocoin has been arrested shortly after setting up an allegedly unregistered Bitcoin (BTC) ATM machine in Bangalore, English-language daily Times of India reports Oct. 24. The 37-year-old […]

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Dash CEO Ryan Taylor: Central Bank-Issued Cryptocurrencies Are the ‘Inevitable Future’

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The CEO of Dash, Ryan Taylor, told Cointelegraph that he believes that central bank-issued cryptocurrencies are the “inevitable future.” The CEO of Dash Core Group, Ryan Taylor, told Cointelegraph in an interview Oct. 23 that  central bank-issued cryptocurrencies are the “inevitable future,” but it will be people who “will decide what form of money they […]

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New Protocol to Enable Transfers between Bitcoin and Ethereum Blockchains

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sponsored An open-source protocol is enabling users to transfer value from one blockchain to another, preventing isolation and removing barriers to trading. A new protocol is allowing users to complete cross-chain transactions – meaning value can be transferred between different blockchains such as Bitcoin and Ethereum. The open-source technology is known as the Open Federated […]

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Coinbase and Circle Launch USDC Stablecoin With Purported Full Backing in US Dollars

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Crypto exchange Coinbase has launched the USDC stablecoin, which is fully collateralized by U.S. dollars and available for trading. Major U.S. cryptocurrency exchange Coinbase has launched the USD Coin stablecoin (USDC), making it the first stablecoin for trade on the platform, according to an announcement published Oct. 23. The underlying technology behind USDC was developed […]

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Russia: Business Lobby Group Sends Prime Minister Medvedev Proposal on Crypto Regulation

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A lobby group of Russian entrepreneurs has presented their alternative to the current draft bill on cryptocurrencies to Prime Minister Dmitry Medvedev. A lobby group of the Russian Union of Industrialists and Entrepreneurs (RSPP) has recently sent its proposals for crypto regulation to country’s prime minister Dmitry Medvedev, Russian business media RBC reports Monday, Oct. […]

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