Hong Kong rolls out a new framework for crypto exchanges, which could establish an important precedent for the local market. On Nov. 7, Ashley Alder, the CEO of the Securities and Futures Commission of Hong Kong, said at a conference that a new framework for crypto exchanges will be implemented. Almost immediately after the announcement, […]
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Ukrzaliznytsya, a state-owned enterprise of rail transport in Ukraine, says its Lviv Railway illegally mined crypto using its electricity. A branch at Ukrainian Railways (Ukrzaliznytsya), was illegally mining crypto using the power grid of the state. Ukrzaliznytsya, a state-owned enterprise of rail transport in Ukraine, says that its Lviv Railway unit used its electricity to […]
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Binance added support for trading Bitcoin, Ether, XRP with Turkish lira via local digital wallet Papara. Binance cryptocurrency exchange has added support for buying Bitcoin (BTC) and other cryptocurrencies with the Turkish lira through its local digital wallet partner Papara. The exchange unveiled the addition on its website on Nov. 15, one week before CEO […]
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Changpeng Zhao, founder and CEO of crypto exchange Binance, says the Chinese President’s endorsement of blockchain will inevitably drive mass adoption of crypto. Changpeng Zhao, founder and CEO of crypto exchange Binance, says the Chinese President’s endorsement of blockchain will inevitably drive mass adoption of crypto. In an interview with Bloomberg Markets: Asia on Nov. […]
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Financial institutions are paying lots of attention to crypto, but they need a little more from it first. Institutional investors aren’t being overlooked at BlockShow Asia 2019. At a panel titled “Unlocking Yield In Cryptocurrency Assets — Encouraging Institutions To Enter The Industry,” a number of crypto leaders shared their thoughts on how to make […]
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Three firms that collectively raised about $40 million through unregulated ICOs in 2017 missed the deadlines set forward in their settlements with the SEC. Several firms that collectively raised about $40 million through unregulated initial coin offerings (ICOs) in 2017 missed their deadlines to repay investors following charges by the United States Securities and Exchange […]
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Ledger Vault, the custody arm of hardware wallet manufacturer Ledger, has procured a crime insurance policy that covers digital assets. Ledger Vault, the custody arm of hardware wallet manufacturer Ledger, has procured a crime insurance policy developed with broker and risk advisory firm Marsh and insurance company Arch Insurance Limited. According to an announcement on […]
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Crypto exchange Coinbase, custodian Kingdom Trust and investment firm Regal Assets have jointly begun offering crypto IRA and 401(K) accounts in the United States. Major American crypto exchange Coinbase, asset custodian Kingdom Trust and alternative assets investment firm Regal Assets have begun offering cryptocurrency-based individual retirement and 401(K) accounts in the United States. An individual […]
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The like-kind exchange tax exemption has never been applicable to crypto, an IRS official said. The like-kind exchange tax exemption is not applicable to cryptocurrency transactions, according to the United States Internal Revenue Service (IRS). An official at the IRS Office said that U.S. taxpayers have never been authorized to postpone paying tax as part […]
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Cryptocurrency exchange OKEx announced the launch of its Tether-margined Bitcoin futures contracts. Cryptocurrency exchange OKEx has launched Bitcoin (BTC) futures contracts that are margined with the Tether (USDT) stablecoin. OKEx announced the new offering in a press release on Nov. 14. OKEx first announced its intention to launch USDT-settled futures trading with up to 100x […]
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