Tag: icos

Taiwan’s Legislature Amends AML, CFT Laws to Place New Requirements on Crypto Exchanges

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Taiwan’s legislature has passed amendments to existing AML and counter terrorism financing (CFT) laws to place new requirements on crypto exchanges. Taiwan’s legislature has passed amendments to existing anti-money laundering (AML) and counter terrorism financing (CFT) laws to place new requirements on crypto exchanges. The development was reported by FocusTaiwan, the English language news website […]

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‘I Don’t Want to Be President’: John McAffee to Exclusively Promote Crypto in 2020 Race

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Bitcoin evangelist John McAfee admitted his intention to use his presidential campaign to promote crypto. Programmer and crypto enthusiast John McAfee revealed his intention to use his 2020 bid for U.S. presidency as a platform to promote permissionless cryptocurrencies in an interview with Cointelegraph Nov. 1. Speaking with Cointelegraph at the Malta Blockchain Summit today, […]

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Hong Kong Issues New Rules to Regulate Cryptocurrency Funds and Exchanges

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Hong Kong securities regulator wants to improve oversight of crypto entities as chair warns of “outright scandals and frauds.” Hong Kong’s securities regulator issued a statement setting out guidelines for funds dealing with cryptocurrency Thursday, Nov. 1, saying it could move to formally regulate exchanges. In what it called “guidance on regulatory standards,” the autonomous […]

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ERC-20 Co-Author Proposes New ICO Model to Protect Investors from Fraudulent Token Sales

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Ethereum developer and co-creator of the ERC-20 token standard has introduced a new concept for ICOs to better protect investors. The Ethereum (ETH) developer that co-authored the ERC-20 token standard has introduced a new model for Initial Coin Offerings (ICO), Czech business news outlet Kurzy reports Oct. 31. Speaking at Ethereum’s annual Devcon conference in […]

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Korea’s Top Financial Regulator: Crypto Exchanges Should Face ‘No Problems’ With Banks

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The chairman of South Korea’s Financial Services Commission has affirmed that crypto exchanges should face no issues with banking provisions. The chairman of South Korea’s Financial Services Commission (FSC) has affirmed that crypto exchanges should face no issues with banking provisions, local media platform Token Post reported Oct. 30. The FSC’s Choi Jong-Ku clarified that […]

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U.K.’s Financial Regulator Mulls Ban on Sale of Crypto Derivatives

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The U.K.’s Financial Conduct Authority has said it will consider whether to ban the sale of cryptocurrency-based derivatives, citing the risks of amplified investment losses. The U.K.’s Financial Conduct Authority (FCA) has said it will consider whether to ban the sale of cryptocurrency-based derivatives, the Financial Times (FT) reported Oct. 29. Unlike crypto spot market […]

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Israeli Blockchain Startup Concludes $30 Mln Financing Round That Included Intel, Sequoia

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Israeli-based blockchain firm StarkWare Industries has received $30 million from such industry players as Intel Capital and Sequoia USA. Israeli blockchain startup StarkWare Industries has completed a $30 million financing round, generating funds from such industry players as Intel Capital and Sequoia USA, according to an announcement published Oct. 29. Established in 2018, StarkWare Industries […]

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