Starting today, cryptocurrency exchanges can apply to be regulated by Hong Kong’s Securities and Futures Commission (SFC), as it published a framework for crypto exchanges. The new rules covers aspects of custody, know-your-customer requirements, anti money laundering rules and market manipulation, besides issues specific to the cryptocurrency industry, Ashley Alder, Read more »Pay/Trade/Buy Bitcoin with…
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\”Shark,\” a sculpture in the Los Angeles office of Quinn Emanuel. Source: Instagram, quinnemanuel Major news for crypto adoption came out of a law megafirm Quinn Emanuel Urquhart & Sullivan, as their clients can now pay in Bitcoin (BTC) and other cryptocurrencies. The litigation giant said on Tuesday that it has started accepting BTC and…
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The CEO of Binance claims that a newly open-sourced solution for wallet providers and custodians is “far superior” to multi-sig security and will reshape the industry. The CEO of Binance claims that a newly open-sourced solution for wallet providers and custodians is “far superior” to multi-sig security and will reshape the industry. In a tweet…
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A Central Bank of Azerbaijan official says a blockchain-based digital ID system will be adopted in the Q1 2020. The Republic of Azerbaijan is planning to complete a project of blockchain-based digital identification system by the end of 2019. Farid Osmanov, director of the information technology department at the Central Bank of Azerbaijan (CBA), says…
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China’s state planner, the National Development and Reform Commission (NDRC), has reportedly removed Bitcoin (BTC) mining from the list of industries that might be eliminated. Cryptocurrency mining has not been included in the finalized catalog for Guiding Industry Restructuring that will take effect from Jan 1, 2020, per Coindesk. The catalog was published today. Read…
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After a lackluster debut, Bitcoin futures trading on the Intercontinental Exchange Bakkt platform is now seeing consistently rising interest from institutional traders. Bitcoin (BTC) futures trading on the Intercontinental Exchange Bakkt platform is seeing a considerable rise in average daily volume so far this month compared to September and most of October. Volumes yesterday, Nov.…
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The token sale was due to support Dotcom’s K.im content sharing platform, but will now face an unspecified delay. Cryptocurrency exchange Bitfinex has abruptly canceled its token sale for K.im, Kim Dotcom’s Bitcoin (BTC) content sharing service. In a blog post on Nov. 5, executives said they had agreed not to go ahead with the…
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The United Nations Security Council’s Sanctions Committee on North Korea has accused the country of using a Hong Kong-based blockchain firm as a front to launder money. The United Nations Security Council’s Sanctions Committee on North Korea has accused the country of using a Hong Kong-based blockchain firm as a front to launder money. As…
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Xpring, Ripple’s investment arm and tech incubator, has made an investment into smart contract platform Flare Networks. Xpring, Ripple’s investment arm and tech incubator has completed a strategic investment into smart contract platform Flare Networks. Joining the XRP ecosystem On Nov. 5, Flare Networks reported that it secured a partnership and investment with Xpring that…
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Venture capital firm Andreessen Horowitz leads a $5 million funding round for Arweave, a blockchain startup focused on permanent online data storage. Venture capital firm Andreessen Horowitz has led a $5 million funding round for Arweave, a blockchain-startup focused on permanent online data storage. On Nov. 5, the Arweave project reported that it had attracted…
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