Binance Coin Soars 12% After KYC Leak ‘FUD’ Fails to Shake Investors

The native token of crypto exchange Binance has soared ~11% despite yesterday’s rumors of a possible Know-Your-Customer data leak affecting exchange users. The native token of crypto exchange Binance has soared ~11% despite fresh rumors of a possible Know-Your-Customer (KYC) data leak affecting exchange users. According to data from CoinMarketCap as of press time, Binance […]

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South Korea to Bring Crypto Exchanges Under Direct Regulation

The Financial Intelligence Unit of South Korea’s Financial Services Commission has revealed plans to bring cryptocurrency exchanges under its direct regulation. The Financial Intelligence Unit (FIU) of South Korea’s Financial Services Commission has revealed plans to bring cryptocurrency exchanges under its direct regulation. On August 7, Business Korea reported on the FIU’s decision to shift […]

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US SEC’s Hester Peirce: Certain Tokens Need a Safe Harbor

U.S. Securities and Exchange Commission commissioner Hester Peirce expressed interest in building a non-exclusive safe harbor for the offer and sale of certain tokens. U.S. Securities and Exchange Commission (SEC) commissioner Hester Peirce expressed interest in building a non-exclusive safe harbor for token offerings. The news was reported by Singaporean blockchain business consulting firm Jenga […]

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Behind Ripple’s Regulation Call: ‘Do Not Paint Us With a Broad Brush’

Ripple has a long history of pro-regulation declarations and actions, but this time, its fervor appears to be profoundly reactive… Ripple, whose business is built on providing financial institutions with an infrastructure to facilitate international payments and currency trades, has always been a more likely ally to governments and regulators than most other major blockchain […]

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US Congress Holds Hearing on Crypto: Witness Profiles

Who represents crypto in a U.S. Congressional hearing dubbed “Examining Regulatory Frameworks for Digital Currencies and Blockchain”, weeks after Facebook’s Libra is discussed… Today, on July 30, United States lawmakers will once again gather to debate cryptocurrency and blockchain policy in a hearing dubbed “Examining Regulatory Frameworks for Digital Currencies and Blockchain.” The hearing is […]

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