Category: cryptocurrencies

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Crypto Donations to Politicians Are Unregulated in Japan: Report

Japanese politicians are barred from accepting cash and security donations but can receive crypto assets, says internal affairs minister Sanae Takaichi. Sanae Takaichi, the internal affairs and communications minister of Japan, has stated that cryptocurrency donations to individual politicians are not illegal in the country — unlike the ones made in cash or securities. According…
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Crypto Scams: The Effect on Consumers and Legitimate Businesses

Fraud is a sad but undeniable part of the crypto world. But how do you fight it, identify it and stay attuned to the latest scams? Although the crypto industry has long been touted as the solution to some of the longest-running issues in the global economy, there’s one problem it has been unable to…
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Anchorage Becomes First Qualified Gram Custodian Ahead of Oct. 31 Launch

Anchorage Trust Company, a wholly-owned subsidiary of California-based Anchor Labs, states that it became the first qualified custodian of Telegram’s Gram token. Digital asset custodian of software firm Anchor Labs has stated that it became the first entity qualified to support institutional custody for Telegram’s Gram (GRM) token. Gram to launch on Oct. 31 Anchorage…
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Major South Korean Store Chain Supports Blockchain Payments App

A major South Korean convenience store chain, CU, will now accept a blockchain-based payment method at its stores. Mobile payments app CHAI is launching mobile blockchain-based payments at 13,500 CU convenience stores in South Korea. According to an Oct. 7 press release shared with Cointelegraph by blockchain startup Terra, CHAI — which operates on the…
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Major Exchanges Urge UK Regulator to Not Restrict Crypto Derivatives

The WFE, a global trade association of publicly-regulated exchanges, has appealed to the U.K.’s FCA not to restrict crypto derivatives for retail investors. The World Federation of Exchanges (WFE), a global trade association of publicly-regulated exchanges, has appealed to the United Kingdom’s Financial Conduct Authority (FCA) to not restrict cryptocurrency derivatives for retail investors. The…
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Ex-Federal Prosecutor: US Blocking Libra Has National Security Implications

Ex-federal prosecutor and now Andreessen Horowitz partner Katie Haun argues that the United States blocking Facebook’s Libra will have national security implications. Ex-federal prosecutor and now Andreessen Horowitz partner Katie Haun has argued that the United States blocking Facebook’s Libra digital currency will have national security implications. Haun’s comments were reported in a CNBC profile…
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Decentralized Finance, Explained

Decentralized finance is gaining momentum as a sector that could transform the economy. But what is it, and what are the challenges that lie ahead? What is the Crypto Finance Conference? The CFC bills itself as “the most exclusive blockchain investors’ confidence in the industry.” Held on an invitation-only basis, just 200 attendees will be…
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UK Financial Regulator’s Crypto Investigations Surge 74% in 2019: Report

The number of the U.K. Financial Conduct Authority’s investigations into crypto businesses surges 74%: from 50 cases in 2018 to 87 already in 2019. The Financial Conduct Authority (FCA), the United Kingdom’s primary financial regulator, has seen a 74% rise in crypto-related investigations in 2019 so far. A local law firm reveals the data According…
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Back to Green: Bitcoin Is Above $8.1K Again, XRP Surges Over 10%

Crypto markets are seeing notable upward movement with Bitcoin breaking back above the $8,000 level. Monday, Oct. 7 — Crypto markets are seeing notable upward movement, with Bitcoin (BTC) breaking back above $8,000. While a few of the top 20 coins report losses at press time, XRP is seeing a sharp growth of over 8%.…
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Fiat-Backed Stablecoins ⁠— Attempt to Take the Best of Both Worlds

Stablecoins backed by fiat money — what is their goal and which ones do investors prefer and for what uses? Stablecoins attempt to be fiat currencies among cryptos. They can be a medium of exchange, a means of storing value and a unit of account. Unlike other digital coins, stablecoins are tied to some kind…
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