Japan’s FSA dealing with 190 applications for crypto exchanges LeapRate

January 03, 2019 BY Valentina Kirilova

Japan’s FSA dealing with 190 applications for crypto exchanges

The Financial Services Agency (FSA), Japan’s regulatory watchdog, like many other oversight agencies around the world, is doing its level best to deal with digital currencies in an accommodative way without stifling innovation. The job is going to get tougher. According to an unnamed FSA staff member, the regulatory agency has received 190 cryptocurrency exchange…

January 03, 2019 BY Valentina Kirilova

Jailed politician claims crypto servers were stolen from campaign office

When truth is stranger than fiction, we tend to pay attention, if only to laugh at the absurdity of the moment. A Georgia State Senator and former candidate for governor, Michael Williams (R), reported to jail after indictments were filed for his arrest. The Republican conservative from Forsyth County was best known for his outrageous…

Crypto miner Coinhive set to close its doors citing economic reasons

January 03, 2019 BY Valentina Kirilova

Russian Central Bank cracks down on foreign forex brokers – shuts 5 firms

Open competition among forex brokers within the Russian Federation no longer exists. In a surprise move, the Russian Central Bank (CBR) has revoked the operating licenses of five foreign-based forex brokers due to “the repeated violations of the requirements of the Russian legislation on securities within one year.” New legislation passed a few years back…

January 02, 2019 BY Valentina Kirilova

Fed officials not keen on IMF idea for central bank digital currencies

IMF chief Christine Lagarde caused a bit of a stir, when she chimed into the cryptocurrency debate at the 33rd Asean Summit, held in Singapore: Having central banks issue digital currency can bring about financial inclusivity, better security and consumer protection, as well as allay privacy concerns. She could have stopped there, but she went…

IronX completes token crowdsale, raises $26 million

January 02, 2019 BY Valentina Kirilova

KuCoin cryptocurrency exchange delists 10 tokens for noncompliance

As if investors did not have enough to worry about when they choose to invest in new digital tokens, KuCoin, a cryptocurrency exchange operating out of Singapore, announced that it will be delisting ten coins on its exchange for noncompliance with its Special Treatment Rule framework. The company notes that this framework is “designed to…

January 02, 2019 BY Valentina Kirilova

Crypto crystal ball time - Seven trends that will shape cryptos in 2019

It is that time of year again when “wannabe” futurists try their hands at guessing what the future might bring. As we have learned from 2018, the cryptocurrency ecosphere is a fast changing tide of new ideas, new attacks from regulators and government officials, and, yes, new blockchain development projects and their respective Initial Coin…

December 28, 2018 BY Valentina Kirilova

Bakkt is coming Q1 for BTC futures, backed by the parent of the NYSE

Despite recent tumbling prices and a mild recovery in the crypto space, optimism is growing over major projects that plan to go live in 2019. One of the major programs will be Bakkt. Its platform “will allow institutional customers to perform various operations with digital assets as part of a seamless global network”. The mastermind…

December 28, 2018 BY Valentina Kirilova

Ethereum jumped 66% last week, while BTC only 25% - What is going on?

Just like Gold and Silver in the precious metals arena, Bitcoin and Ethereum have their own unique relationship in the crypto realm. It became apparent, however, in last week’s trading that the two cryptocurrencies can diverge, causing analysts to speculate on why such a divergence took place. How much of a divergence are we talking…

December 27, 2018 BY Valentina Kirilova

Bitcoin community group organizing stress test of exchange security

Crypto enthusiasts unite! You can almost hear a rebellion a foot in the crypto world of “Hodlers”, jargon for anyone holding cryptocurrency for the long term. These folks are tired of hearing of exchange compromises and do not want to take it anymore. To raise public awareness of the issue and to determine if specific…

December 27, 2018 BY Valentina Kirilova

A tsunami of ICO investor claims may result from CashBet lawsuit in U.S.

The wheels of justice can turn awfully slowly at times, but eventually significant precedents are constructed, which can enable a torrent of lawsuits to follow where losses have been excessively harsh. Such is the case in the world of Initial Coin Offerings (ICOs), or so it seems, according to a recent court filing in the…

Category: Tom Cleveland