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Swiss-Regulated Digital Asset Bank Plans $95M Capital Raise
18.1.2020
Seba, a licensed Swiss bank offering crypto services looks to attract over $95 million in a secondary capital raise
Ex-CFTC Chairman to Promote Blockchain-Based USD in New Think Tank
16.1.2020
Former CFTC chairman aka “Crypto Dad” J. Christopher Giancarlo launches a think tank to promote the idea of digitizing the U.S. dollar
Bitcoin and ETH Are Commodities, While XRP’s Status Is Unclear, CFTC Says
14.1.2020
CFTC Chairman Heath Tarbert says that the authority is confident that Bitcoin and Ether are commodities, but the status of XRP is still unclear
Regulatory Roundup: EU-Wide Crypto Regulations, New Rules in Europe, US, Asia
14.1.2020
In this roundup, we cover EU-wide crypto regulations and individual countries’ new digital asset rules including Austria and the U.K. We also cover numerous crypto regulatory developments in the U.S., China, Japan, South Korea, India, and the Philippines. Also read: Regs Roundup: SEC Actions...
Close to 11 Million BTC Haven’t Moved in Over a Year
13.1.2020
According to a new research report published by Digital Asset Data, more than 10 million BTC has been sitting dormant for a whole year. Data shows that unmoved bitcoins account for roughly 59% of the current minted supply and it’s the largest number of dormant coins since the start of 2017....
China Saw $11.4 Billion in Crypto-Based Capital Flight Last Year
13.1.2020
On January 8, China-based blockchain security firm Peckshield published its “2019 Global Digital Asset AML Research Report” noting a variety of crypto trends throughout the year. According to the study, cryptocurrency-based capital flight stemming from China was around $11.4 billion...
Binance Donates $1 Million in Crypto for Australian Bushfire Relief
8.1.2020
The cryptocurrency community is again showing its commitment to support charitable goals around the world. Binance, the most active international digital asset exchange, has donated $1 million to help with Australian fire relief efforts and invites the community to join the initiative. The recent...
Harsh Laws Make Bitcoin Holders Consider Renunciation or Dual Citizenship
28.12.2019
As digital currencies become a mainstay in society, a great number of governments have enforced strict tax guidelines, severe money transmission rules, and tough regulations. Because of a few nation-states’ harsh rules against cryptos, there are individuals who plan to renounce their...
Bitcoin Gained 8.9 Million Percent Over the Last Decade
27.12.2019
2020 is fast approaching and the last decade will be behind us. Throughout the last ten years, the biggest unicorn firms were born like Uber and Airbnb. However, even though Bitcoin isn’t a company, the best investment of the decade belongs to the decentralized cryptocurrency Satoshi created....
Utorg Exchange Grants Access to Traders With Limited Verification
24.12.2019
Utorg.io is a digital asset exchange based in the U.K. that allows users in Europe and around the world to trade cryptocurrencies with stablecoins and fiat money. What sets the new platform apart from many incumbents is the simplified verification procedure for traders who don’t exceed...
This Digital Asset Manager Has a Framework for Crypto Investing in 2020
24.12.2019
2020 could be “one of the brightest years” that the digital asset industry has seen so far, finds Vision Hill,a New York-based full service digital asset management firm. They also provided a framework for how investors can think about approaching the digital asset market next year.
Their report...
Uzbekistan Bans Citizens From Buying Crypto, They Can Only Sell
24.12.2019
Authorities in Uzbekistan have effectively banned residents from purchasing cryptocurrencies on digital asset exchanges licensed in the country. Crypto holders will only be able to sell their coins and that’s if these have not been obtained through anonymous transactions, amendments to...
Judge Rules Snowden Must Give Book Proceeds to US Government
21.12.2019
A U.S. district judge has ruled that former intelligence contractor Edward Snowden must turn over the proceeds of his new book to the U.S. government. According to the ruling, Snowden failed to obtain clearance for the materials and information used in his book. The same judge previously ruled...
Iran, Turkey, Malaysia Discuss Creating Unified Muslim Cryptocurrency
21.12.2019
At a summit attended by leaders of Muslim countries, including Malaysia, Turkey, Iran, Qatar, and Indonesia, the Iranian president proposed creating a Muslim cryptocurrency to cut reliance on the U.S. dollar. The Malaysian prime minister supports the idea of a unified cryptocurrency for Muslim...
SBI Partners With Stock Exchange Boerse Stuttgart to Drive Crypto Adoption
20.12.2019
Japanese financial services giant SBI plans to invest in two subsidiaries of Germany’s second-largest stock exchange Boerse Stuttgart Group
German Stock Exchange Plans International Digital Asset ‘Ecosystem’ Through New Partnership With SBI
20.12.2019
Boerse Stuttgart Group and Japanese financial giant SBI Group are teaming up on a joint initiative to build a digital assets '"ecosystem" in Asia and Europe
Fidelity-Backed Startup Fireblocks Is Now Certified Secure by Ernst & Young
20.12.2019
Digital asset security firm Fireblocks has successfully completed a major examination carried out by Big Four auditing firm Ernst & Young
Erisx Launches Regulated Bitcoin Futures Market
18.12.2019
Crypto trading platform Erisx has launched a bitcoin futures market regulated by the U.S. Commodity Futures Trading Commission (CFTC). Its physically settled bitcoin futures contracts trade alongside its spot market which supports four cryptocurrencies. Erisx has obtained a license from the U.S....
Poles Hit With Backdated Tax on Crypto Trades
16.12.2019
Crypto traders in Poland have been unpleasantly surprised with a controversial tax they thought they wouldn’t have to pay. The Civil Law Transactions Tax (PCC) is applicable to digital asset trades conducted before the introduction of last year’s moratorium on its collection, the Polish...
Reuters: Dutch Bank ING Working on Digital Asset Custody Technology
12.12.2019
ING is reportedly developing digital asset custody technology, becoming the latest mainstream financial institution to enter the crypto custody business