Huobi Japan is now part of the local self-regulatory body supporting the development of security token offerings. Huobi’s Japanese branch has joined the Japan Security Token Offering Association, or JSTOA, as a “supporting member” along with Zaif, FXCoin, and 8 other local crypto players, according to the announcement published earlier today. “A full member must […]
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Israel will have its first central securities lending platform this November, built on blockchain technology. The Tel Aviv Stock Exchange (TASE) plans to launch its blockchain-based securities lending pool in November. In an announcement on July 28, TASE said the platform will serve an essential function in the country’s capital markets, which currently lack a […]
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This time around, for however long it lasts, Bitcon’s run and the altcoin season are going to be very different. Bitcoin has finally woken from its two-month slumber, as well as interest in the number-one cryptocurrency along with it. Bitcoin futures trading is bustling again, with both volume and aggregated interest at their highest since […]
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The digital asset is now experiencing what may be a historic rise in acceptance, as the COVID-19 pandemic revealed its needs. On July 22, 2020, the United States Office of the Comptroller of the Currency published a letter clarifying that national banks and federal savings associations can indeed take custody of cryptocurrency assets. In the letter, […]
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Longfin, a blockchain-related firm that conducted a $27 million IPO in 2017, has been ordered to repay $223 million to investors. A Manhattan federal judge has ruled that Longfin — a now defunct firm whose shares surged 1000% in 2017 after it bought an undervalued crypto company — must repay $223 million plus interest to […]
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Recent second quarter financial reports show big growth for Overstock — the same quarter the company gave its security token to investors as a dividend. Recent Q2 financial details from blockchain-involved company Overstock show triple digit percentage growth compared to the same time in 2019. “Total net revenue was $783 million, an increase of 109% […]
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The ASIC has received numerous reports on fake crypto trading robots and other schemes used to scam Australians. The Australian Securities and Investments Commission, or ASIC, is asking people to remain cautious about celebrity-endorsed Bitcoin (BTC) scam sites. According to the commission’s public warning, the Australian watchdog has received a number of reports of fraudulent […]
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Ethereum celebrates its fifth anniversary but can’t seem to step out of Bitcoin’s shadow in the mainstream press. Ethereum’s perception in the media has been on a roller-coaster ride since its inception in 2015, but the blockchain and its native Ether (ETH) cryptocurrency are clearly still seen as being in second place behind Bitcoin (BTC). […]
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The Philippine central bank has confirmed in a virtual briefing that it has formed a committee to look into issuing a digital currency. The Philippines has become the latest country to look at the possibility of releasing its own central bank digital currency, or CBDC. According to a report by Bloomberg, July 29, the Philippine […]
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Wash trading hurts investors and taints the crypto industry, but extinguishing it will be difficult absent global regulation. When Bitwise Asset Management declared in a March 2019 presentation to the United States Securities and Exchange Commission that 95% of the Bitcoin (BTC) trading volume being reported globally on cryptocurrency exchanges was “fake,” it jolted rating […]
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