Telangana plans to establish the country’s ostensibly first blockchain district by offering tax relief, resource subsidies and financial grants. The Southern Indian state of Telangana plans to establish the country’s ostensibly first blockchain district, local newspaper The Hindu Business Line reported on May 27. The planned district will reportedly aim to establish an ecosystem for […]
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More on CoinMarketCap’s plan to fight fake volume reporting. Recently, CoinMarketCap (CMC), arguably the industry’s best-known cryptocurrency market data service, announced an initiative to provide “greater transparency, accountability, and disclosure from projects in the crypto space.” The move followed recent reports on fake volume data and wash trading among cryptocurrency exchanges that were published last […]
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The central bank of Laos has warned the public against the use, purchase or sale of digital currencies. The central bank of Laos has warned the public against the use, purchase or sale of digital currencies, local news outlet Vientiane Times reported on May 21. The Bank of the Lao PDR has issued a warning […]
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SEC-approved LTSE stock exchange could link crypto firms and the capital of traditional investors. One of the most significant introductions that blockchain has made available in recent years is adding new tools through which companies can raise capital. The technology has made it possible to raise funds for a project from investors of just about […]
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Leading cryptocurrency exchange Poloniex will stop offering nine coins in the United States due to uncertain regulations. Leading cryptocurrency exchange Poloniex will stop offering nine coins to United States-based customers due to uncertain regulations, according to a blog post published on May 16. Starting from May 29, Poloniex will stop offering trading in Ardor (ARDR), […]
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The Japanese company achieved unicorn status last month after funding put its valuation at more than $1 billion. Crypto trading platform Liquid has established a joint venture with Virtual Currency Partners in order to enter the United States market, Cointelegraph Japan reported on May 15. The Japanese company, which achieved unicorn status after funding put […]
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Bakkt is pursuing self-certification as a licensed bitcoin custodian, as it looks to obtain CFTC approval for the launch of its physically backed BTC futures contracts. The Intercontinental Exchange (ICE) is reportedly taking steps to ensure approval from the United States Commodity Futures Trading Commission (CFTC) for its bitcoin futures contracts platform — Bakkt. ICE, […]
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The Ethereum Foundation is planning to spend $30 million on different projects in the next year, including research and development and bringing academia to Ethereum. The Ethereum Foundation is planning to spend $30 million on different projects across the ecosystem over the next 12 months, the company’s executive director Aya Miyaguchi revealed at the ConsenSys’ […]
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Messari CEO Ryan Selkis predicted that the proof-of-work algorithm will be the status quo for “at least two or three years.” The Ethereum (ETH) 2.0 proof-of-stake (PoS) transition will not take place until 2021, the CEO of crypto analytics firm Messari predicted at a panel of ConsenSys’ Ethereal Summit on May 10. During the panel […]
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The United Kingdom Jurisdiction Taskforce started a public consultation to develop a basis for the mainstream use of crypto. A British government-led jurisdiction team has launched a public consultation to determine the status of crypto assets under English private law, according to an official statement on May 9. In the document, the United Kingdom Jurisdiction […]
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