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How Close Are Russians to Getting Paid in Crypto?
10.7.2020
A business leader and political adviser says that the idea of getting paid in cryptocurrencies is still a long way off in Russia – although other insiders say some “off the record” crypto payments are being paid to employees in the country. And there may be signs that one group of Russian workers...
Fueling the Cannabis Industry: US Crypto Lending Service Files for Regulated Token Sale
10.7.2020
Chicago-based lending firm Ceres recently filed for a request to conduct a Reg. A sale in order to get approval from the U.S. Securities and Exchange Commission (SEC). Ceres wants to launch a token that will be used for garnering equity, while the company also wants to launch a coin that can...
New York Court Rejects Bitfinex Appeal Over $850M in Lost Funds
10.7.2020
New York’s Supreme Court has rejected Bitfinex and Tether’s appeal in the ongoing dispute between the firms and the NY Attorney General over $850 million in lost funds
Coinbase Plans First-Ever Investor Day Amid Talk It May Go Public
10.7.2020
It’s unclear if the Aug. 14 virtual meeting is related to a rumored plan to take Coinbase public, but such events often presage direct listings
South Korean MP Makes Bid to Impose Capital Gains Tax on Crypto
10.7.2020
Yang Kyung-sook. Source: Twitter, @yangkyungsook
An influential South Korean MP has put forward a private members’ bill that would see crypto taxed under the nation’s capital gains tax laws.
Per Jose Ilbo, Yang Kyung-sook, an MP for the ruling Democratic Party and a member of the National...
Coinbase Eyeing US Stock Market Listing as Early as This Year
10.7.2020
Coinbase Inc is planning a U.S. stock market listing for later this year or early 2021, Reuters reported on Thursday. The plan is subject to approval by the U.S. Securities and Exchange Commission. If successful, Coinbase could become the first major American cryptocurrency exchange to go public....
MIT Crypto Group Researcher Says PoW Attacks Not Always Obvious
9.7.2020
James Lovejoy, a research assistant for Massachusetts Institute of Technology, or MIT, crypto and blockchain group the Digital Currency Initiative, explained blockchain attacks might not always be obvious
Chinese Police Dismantle $14M Crypto Scam
9.7.2020
The Chinese police busted a massive crypto scam in Wenzhou that managed to amass over $14.31 million
South Korean National Assembly to Discuss Crypto Transaction Transparency
9.7.2020
South Korean legislature will host a seminar to address crypto laundering and other related topics
First Russian Crypto Law ‘to Be In Force by Start of 2021’
9.7.2020
Russia’s first crypto law “will be adopted by January 1, 2021,” said the bill’s chief architect, adding that the legislation is “now approaching the finish line.”
Per RBC, Anatoly Aksakov, the head of the State Duma’s financial committee and the man charged with mediating the “On Digital Assets”...
Crypto-Powered Cannabis, Bitcoin Buying on Trezor + More News
9.7.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Tokenization news
US-based firm Ceres is seeking permission from the US Securities and Exchange Commission (SEC) to sell a token that represents...
Uncovering the Reason Behind Female Crypto Influencers’ Instagram Bans
9.7.2020
Female crypto influencers speaking out about gender disparity in the crypto space were banned on Instagram — who’s to blame?
Crypto-Enabled VPN Provider Orchid Launches on Apple’s App Store
9.7.2020
Orchid announced Thursday that its newly launched app would allow users to buy VPN bandwidth using in-app purchases powered by cryptocurrency
Renato Rodriguez Pushes To Unite And Spread Crypto In Every Corner Of The World
9.7.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Today, blockchain networks and cryptos allow people to transact directly without having to go through a centralized institution. With blockchain, retailers are able to bypass conventional financial systems...
Binance Labs Leads $1M Seed Round in Crypto Tor Alternative HOPR
9.7.2020
Binance Labs, the seed funding arm of the world’s largest crypto exchange, has made its first investment of 2020, backing privacy startup HOPR
ING Joins Crypto Industry Body Working to Set Codes of Conduct
9.7.2020
The banking group has joined crypto industry body Global Digital Finance to help develop best practices for custodial firms and wallets
Latin American Crypto Exchange Bitso Says it Has 1M Active Users
9.7.2020
Mexico’s crypto scene is booming again, with one of the nation’s largest crypto exchanges, Bitso, claiming it has reached the 1 million active user mark.
In an interview with El Economista, Daniel Vogel, Bitso’s CEO stated that crypto was continuing to gain ground in traditional markets like...
Ferrari, McLaren and $15M in Crypto Seized as Chinese Police Bust Arbitrage Scam
9.7.2020
The novel Chinese scam saw perpetrators create fake crypto assets to fleece investors seeking arbitrage opportunities
South African Crypto Investment Company Issued Cease And Desist Order In Texas
9.7.2020
The Texas State Securities Board (TSSB) issued a cease and desist order Wednesday against on Mirror Trading International (MTI), Forexandbitcoin.com and four individuals involved in a multi-level marketing scam. Out of the four individuals, Cornelius Johannes Steynberg is a resident of South...
Children’s Heart Charity Receives $48K in Crypto Donations
9.7.2020
The Children’s Heart Unit Fund which supports children with cardiac ailments, received the crypto donations using The Giving Block platform