The governor of the Chinese central bank has stated during a summit that STOs are an “illegal financial activity in China.” The People’s Bank of China (PBoC), the country’s central bank, highlighted the illegality of Security Token Offerings (STOs) in the country, English-language local news outlet South China Morning Post (SCMP) reports Dec. 9. A […]
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A South Korean blockchain startup has announced its intention to file a constitutional appeal against the country’s ICO ban. A South Korean blockchain startup, Presto, will reportedly file a constitutional appeal over the county’s ban on Initial Coin Offerings (ICOs), South Korean economic media outlet Sedaily reports Dec. 6. Presto claims on its website that […]
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A recent report by CryptoCompare shows that South Korean crypto exchanges saw $200 million more in average daily trade volumes than their Maltese competitors. Cryptocurrency exchanges registered in South Korea have overtaken their Maltese-registered counterparts by average daily trade volume in November. This is according to a report by cryptocurrency market data provider CryptoCompare, published […]
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Job seekers’ interest for positions related to blockchain and cryptocurrency has declined, while employers’ interest only rose in 2018. How do cryptocurrencies prices and blockchain technology development correlate with the changes in the labor market? Over the past months, the cryptocurrency market has been demonstrating bearish sentiment, with crypto prices falling to a yearly lows. […]
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International standards for crypto are coming, but at what cost to innovation? There are over 2,000 different coins in existence right now, each with their own unique characteristics, uses and communities, while there are masses of different blockchains, platforms and exchanges — all of which answer to competing needs and values. On the one hand, […]
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Today all but one of the top 20 cryptocurrencies registered losses. Bitcoin is down over 4 percent in the last 24 hours. Wednesday, Dec. 5: All but one the top 20 cryptocurrencies registered losses in the last 24 hours, Bitcoin (BTC) lost most of its recent gains, sinking below $3,800. Market visualization from Coin360.io Bitcoin […]
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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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The U.S. SEC’s move to fine celebrities for fraudulent ICO advertising tells a cautionary tale to investors and would-be advertisers. Like many different industries, Hollywood’s involvement with cryptocurrencies and Initial Coin Offerings (ICO) has become a reality and a number of celebrities have looked to capitalize on the surge in interest and potential money to […]
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Want to remove some of the volatility from your investments? Here’s a look at some of the traditional financial instruments making waves in the crypto world. The crypto market has been brutalizing of late – but many traders don’t realize that there is a plethora of financial instruments out there. Each offer investors a new […]
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Fintech firms including blockchain startups will be able to apply for the new fintech license with Switzerland’s FINMA starting from Jan. 1, 2019. The Swiss Financial Market Supervisory Authority (FINMA) has released guidelines for their new “FinTech” license, according to a FINMA official press release released Dec. 3 The Swiss financial regulator revealed that license […]
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