Tagged: cryptocurrencies

July 17, 2020 @ 8:59 am By Omar Faridi  |  

The Financial Action Task Force (FATF), an intergovernmental organization that develops policies to combat money laundering and terrorism financing, recently concluded its year long review of its Travel Rule standards for virtual asset service providers (VASPs). The FATF confirmed that it will be extending its… Read More

March 7, 2020 @ 7:43 pm By Omar Faridi  |  

The Reserve Bank of India (RBI), the nation’s central bank, is getting ready to submit a review petition on the Supreme Court’s recent ruling regarding cryptocurrency transactions. According to the Economic Times, which cited sources familiar with the matter, the RBI is concerned the Court’s… Read More

February 23, 2020 @ 2:27 pm By Omar Faridi  |  

Jimmy Wales, co-founder of Wikipedia, noted on February 21 that he has not been able to identify any practical use-cases for cryptocurrencies or blockchain technology as far as Wikipedia’s development and maintenance is concerned. Wales, whose comments came during the recent CoinGeek Conference (held in… Read More

February 20, 2020 @ 8:48 am By Omar Faridi  |  

Israeli banks and other financial institutions in the country must not deny banking services to companies dealing in crypto-assets, Avichai Mandelblit, Israel’s attorney general, recently stated. Instead of denying banking services to crypto and blockchain startups, traditional financial service providers must carefully look into each… Read More

November 13, 2019 @ 10:30 am By Omar Faridi  |  

Christian Catalini, co-creator of the Facebook-led Libra payment system and head economist at Calibra, a subsidiary of the social media giant that’s focused on developing a digital wallet for Libra, says he’d been doing research in the cryptocurrency and blockchain space for many years before… Read More

October 6, 2019 @ 3:29 pm By Omar Faridi  |  

Alaa Mohammed Allawi, a former interpreter for the US military forces, has been sentenced to 30 years in prison for selling fentanyl, which resulted in the death of a US marine. Allawi, who previously worked as an Iraqi US interpreter, will be serving his sentence… Read More

January 29, 2019 @ 2:34 am By Erin Hobey  |  

Terra, a project building the next-generation payment system based in Singapore and Korea,  has partnered with South Korean based Fantom, a DAG-based smart contract platform for real-time cryptocurrency payments, to accelerate the mainstream adoption of its stablecoin. Terra and its alliance of eCommerce partners will… Read More

January 17, 2019 @ 3:08 am By Erin Hobey  |  

The IronX Exchange, a joint venture between global multi-asset broker IronFX and Cardano (ADA coin) creator EmurgoHK. The exchange has a full range of both crypto and fiat wallet funding options. Just in: IronX has raised $26,319,447.92 via its token sale. “The IronX token sale… Read More

September 13, 2018 @ 9:20 am By Samantha Hurst  |  

AlphaPoint, a U.S.-based blockchain company focused on enabling institutions to launch, scale, and operate digital asset networks and exchanges all over the world, announced on Thursday it is planning to launch AlphaPoint Indexes, which represent the statistical performance of the broadest sector of cryptocurrency markets…. Read More

July 18, 2018 @ 9:38 am By Samantha Hurst  |  

On Tuesday, U.S.-based fintech CommonStock announced the launch of its new social investing platform for stocks and cryptocurrencies. This news comes just as CommonStock secures nearly $2 million during its seed funding round, which saw participation from Social Capital, Resolute VC, and Studio VC. CommonStock reported… Read More

April 5, 2018 @ 11:16 am By Erin Hobey  |  

Digital currency exchange guidelines at last! Australia has implemented new legislative guidelines aimed at regulating digital currency exchange businesses. Enacted earlier this week, the new regulations require cryptocurrency exchanges in the country to comply with requirements outlined in the Anti-Money Laundering and Counter-Terrorism Financing Act… Read More

March 20, 2018 @ 8:48 am By Erin Hobey  |  

Step in line, crypto platforms. Global Digital Finance (GDF) has launched to drive a code of conduct for cryptoassets. Non-profit GDF has convened key stakeholders to develop a global code of conduct and a taxonomy for cryptoassets, comprised of global distributed ledger and cryptoasset space… Read More

March 15, 2018 @ 12:47 pm By Erin Hobey  |  

Updates from the Blockchain Leadership Summit held in Zurich, Switzerland, indicate broadening interest in blockchain from traditional financial sector as well government agencies and country leaders. Hosted by INNMIND, global platform for startups and investors, and supported by KICKICO global fundraising platform, the forum gathered… Read More

March 13, 2018 @ 12:33 pm By Erin Hobey  |  

The power of the swarm…. Swarm, a blockchain for private equity platform, has revealed a “major update” to its live Swarm Asset Management Network Alpha. There are 100,000,000 SWM tokens in circulation.  With this release, Swarm Fund token (SWM) wallets are now integrated with the Alpha… Read More

February 12, 2018 @ 12:00 pm By Erin Hobey  |  

Razitall, a phonetic play on Raise-It-All, is a new crowdfunding platform founded with both entrepreneurs and investors in mind. The goal of the New York-based platform is to help entrepreneurs raise the target amount needed during a Reg CF campaign in order to succeed and to help… Read More

February 8, 2018 @ 3:03 pm By Erin Hobey  |  

  CoinDesk, a leading global digital media company focused on crypto assets and blockchain, released its Q4 State of Blockchain Report, a respected authority on blockchain trends research and analysis. The quarterly report comes on the heels of one of the busiest quarters in the… Read More

February 6, 2018 @ 7:08 pm By Erin Hobey  |  

Fintech and cryptocurrency solutions company Tech Bureau noted that that Japan’s first online bank, Japan Net Bank, Limited is testing blockchain technology integrations using mijin and Hyperledger and has initiated a proof-of-concept project to evaluate to utilize the cryptocurrencies for paperless contract administration, scheduled to be… Read More

November 15, 2017 @ 8:55 am By Erin Hobey  |  

The Government of Anguilla announced its plan to enact the first cryptocurrency regulatory regime for registration of initial offerings of specified categories of cryptocurrency.  The law, called the Anguilla Utility Token Offering Act (or AUTO Act), establishes the world’s first registration process for an offering… Read More

June 19, 2017 @ 4:42 am By Erin Hobey  |  

Open ANX Foundation Limited, with the support of ANX International and partners, announced openANX, a project to build a new decentralized exchange and trading platform. OpenANX is described as a real-world application of Blockchain that brings transparency and openness to cryptocurrency markets. “In traditional financial… Read More

April 6, 2017 @ 10:05 pm By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF) has published its first study on digital currencies, its usage and the emerging ecosystem supporting the new type of currency. As the report explains, “the world of money and finance is transforming before our eyes.” The “Global Cryptocurrency… Read More