The Mauritius Financial Services Commission has issued a guidance note concerning security token offerings. The Mauritius Financial Services Commission (FSC) has issued a second guidance note concerning security token offering (STO) regulation, dated April 8. In the document, the FSC declared that security tokens are considered digitally represented securities as defined in the Securities Act […]
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The new U.S. bill from Rep. Darren Soto offers to allocate $25 million to the FTC from 2020 to 2024 to prevent crypto crimes. The so-called Digital Taxonomy Act of 2019, which United States legislators introduced yesterday, April 9, offers to allocate the Federal Trade Commission (FTC) $25 million annually to prevent crypto-related crime. The […]
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Most of the top 20 cryptocurrencies are reporting slight to moderate gains as Bitcoin approaches the $5,300 mark. Wednesday, April 10 — most of the top 20 cryptocurrencies are reporting slight to moderate gains on the day by press time, as Bitcoin (BTC) approaches the $5,300 mark. Market visualization courtesy of Coin360 Bitcoin’s price is […]
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Jay Clayton drew attention to the ongoing engagement with the crypto space and enforcement of existing legislation. The head of United States regulator the Securities and Exchange Commission (SEC) reiterated its focus on the cryptocurrency space in a new speech on April 8. Speaking at the SEC Speaks conference in Washington, chairman Jay Clayton highlighted […]
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Blockchain firm Digital Asset is collaborating with the International Swaps and Derivatives Association to create a tool that supports the use of smart contracts for derivatives trading. Distributed ledger technology (DLT) provider Digital Asset is collaborating with the International Swaps and Derivatives Association (ISDA) to develop a new tool that can support the use of […]
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American congressmen have reintroduced the Token Taxonomy Act that would exclude crypto from being classified as a security. Representatives in the United States House of Representatives have reintroduced the Token Taxonomy Act, according to a press release shared with Cointelegraph on April 9. The bill would exclude cryptocurrency from being classified as a security. The […]
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As Bitcoin recovered to over $5,200, the crypto market has found new momentum, pushing others like Ethereum to recover. Year-to-date, the price of Bitcoin (BTC) is up 40% against the United States dollar, and other major cryptocurrencies such as Ethereum and Litecoin have also demonstrated strong gains in the past four months. Performance of crypto […]
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Bitcoin is holding above $5,200, while the U.S. markets are shaky amid Trump’s threat to impose $11 billion in tariffs on EU goods. Tuesday, April 9 — As major cryptocurrencies are trading sideways, Bitcoin (BTC) is holding above the $5,200 mark despite a minor decline in price. Meanwhile, traditional markets are down as United States […]
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Bgogo intends to offer what are essentially IOUs on tokens from Algorand, a project only slated to launch in June. Digital currency and transaction platform Algorand has refused to endorse an attempt by cryptocurrency exchange Bgogo to sell its unreleased tokens, executives confirmed on social media on April 8. Algorand, which intends to launch its […]
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Trading of institutional Bitcoin investment products are rising against U.S.-based crypto exchanges as a percentage of total trading volume. Trading of institutional Bitcoin (BTC) investment products have seen growth for the fourth month running, and are rising against United States-based crypto exchanges as a percentage of total trading volume. The news was revealed in a […]
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