A Securities and Exchange Commission filing appears to reveal the first known Telegram ICO investor outside of Russia. According to a filing with the United States Securities and Exchange Commission, the Chinese company The9 Ltd bought 5,297,257 tokens during a Telegram initial token offering in January 2018 for $2 million dollars. The filing also states […]
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The Department of Justice has indicted a New Jersey resident for failing to register his Bitcoin exchange with the U.S. Treasury. William Green, a 46-year-old New Jersey resident, was indicted by a federal grand jury on account of allegedly running an unlicensed money transmission service. The United States Department of Justice (DoJ) announced the indictment […]
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The CEO of Visa said that the listed members of the Libra Association have only signed a nonbinding letter of intent and have not officially joined. Alfred F. Kelly Jr., the CEO of Visa, said that no companies have officially joined Libra. At this stage, the 20-some companies involved with the foundation have reportedly only […]
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The amount of Bitcoin that has not been moved for at least five years is at an all-time high. The amount of Bitcoin (BTC) that has not been moved for at least five years is at an all-time high, reports cryptocurrency data website Coinmetrics on July 23. Is hodling currently at its highest? Per the […]
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The Ontario Securities Commission has reached a settlement agreement with CoinLaunch over its alleged failure to register with the Canadian watchdog. The Ontario Securities Commission (OSC) has reached a settlement agreement with the crypto firm CoinLaunch Corp as of July 22. According to an announcement by the OSC, there will be a public settlement hearing […]
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BitMEX is reportedly in trouble. Does the CFTC’s investigation have a negative impact on the crypto market? Some analysts think it doesn’t. Seychelles-based cryptocurrency exchange BitMEX is reportedly in trouble. Soon after Nouriel Roubini, a New York University professor of economics and anti-cryptocurrency pundit, criticized BitMEX of violating regulations, it was reported on July 19 […]
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Germany’s central bank said that potential benefits of Facebook’s Libra should be made possible despite associated risks. Potential benefits of Facebook’s Libra should be made possible despite the existing regulatory uncertainty and associated risks, Germany’s central bank said. In a monthly bulletin called “Crypto tokens in payment transactions and in securities settlement” released on July […]
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Bitcoin has staged a significant recovery from the 2018 bear market price decline, but altcoins continue to slide even lower. Bitcoin (BTC) has more than tripled in 2019, moving from under $4,000 at the start of the year and then topping out at a little under $14,000 in June. In the earlier part of 2019, […]
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Mexican cryptocurrency exchange Bitso will from now on be regulated by the Gibraltar Financial Services Commission. Mexican cryptocurrency exchange Bitso will from now on be regulated by the Gibraltar Financial Services Commission (GFSC), a July 19 announcement revealed. An apparent first in Latin America In what Bitso claims is an apparent first in Latin America, […]
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Nouriel Roubini derided BitMEX as an example of a criminally unregulated crypto exchange, and called for authorities to enforce crypto regulation at large. Economist and anti-cryptocurrency pundit Nouriel Roubini has recently declared that there is “overwhelming evidence of rampant fraud and abuse” in the crypto space. Roubini, a professor at NYU’s Stern School of Business, […]
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