Circle CEO Jeremy Allaire reaffirmed his stance, “in crypto we trust,” opposing centralized intermediaries to cryptographic proof. The crypto and blockchain industry is about a fundamental redesign of the basics of how civic society will ultimately function, according to Circle CEO Jeremy Allaire. The CEO provided his stance at a recent panel within the 2019 […]
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Bittrex has responded to NYDFS’ denial of the company’s BitLicense application, expressing disappointment and disagreement. United States-based cryptocurrency exchange Bittrex has responded to the New York Department of Financial Services’ (NYDFS) denial of the company’s BitLicense application in a press release published on April 10. Earlier today, NYDFS denied Bittrex’s application for a BitLicense — […]
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The New York Department of Financial Services has denied Bittrex’s application for a BitLicense. The New York Department of Financial Services (NYDFS) has denied a BitLicense application from the Bittrex cryptocurrency exchange on April 10. In a letter to Bittrex CEO Bill Shihara, NYDFS explained that the exchange had inadequate policies and controls regarding Anti-Money […]
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The EU Blockchain Observatory & Forum released a report entitled “Tokenization of physical assets and the impact of IoT and AI.” The European Union Blockchain Observatory and Forum released a report entitled “Tokenization of physical assets and the impact of IoT and AI” on April 10. The report, authored by Dr. Tim Weingärtner, a professor […]
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The EU’s launch of an international blockchain association is a pivotal step in providing regulatory certainty for early adopters. The European Union has officially launched the International Association of Trusted Blockchain Applications (INATBA) — with IBM, Accenture and Deutsche Telekom among the 100-plus members to have signed the association’s charter at a ceremony at the […]
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Smart cities promise new horizons, but there are privacy concerns. The promise is great for so-called smart cities, which will deploy a network of interactive sensors to achieve efficiency and innovation. The smart city vision includes driverless cars, renewable energy to aid a city’s power consumption, energy-efficient buildings, and communications systems that work with the location’s […]
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The world’s leading crypto exchange and token offering platform turns to a lottery-style structure. Despite the changing attitude toward altcoins and initial coin offerings (ICO) on the whole, Launchpad — the token offering platform developed by the world’s leading cryptocurrency exchange Binance — is selling out of its offerings in a matter of minutes. With […]
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The South Korean government is looking to re-evaluate existing cryptocurrency policies in order to facilitate the maturity of the cryptocurrency market. South Korean officials are considering a revision of existing regulatory frameworks regarding digital currencies, local media outlet ZDNet Korea reported on April 4. Speaking at the Deconomy conference in Seoul, top government officials reportedly […]
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The service is the first of its kind locally, the company says, and utilizes U.K.-based insurance solutions. Hong Kong trading and asset management firm Branding China Group (BC Group) is launching an insured custody service for cryptocurrencies, the company confirmed in a press release shared with Cointelegraph on April 1. BC Group, which owns a […]
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Bitcoin ETF proposals show the SEC softening its views and the public remaining ambivalent. It may span only a couple of years, but the history of Bitcoin exchange-traded funds (ETFs) and the United States Securities and Exchange Commission (SEC) is already a long one. Back in March 2017, the SEC rejected the application for a Bitcoin […]
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