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Russia's Crypto Law is Taking a Confusing Shape
6.11.2019
A Russian newspaper says it has seen a copy of the much-awaited draft law "On Digital Financial Assets" – a piece of legislation that might decide the fate of cryptocurrencies in the country. However, local experts do not agree what this draft means exactly.
RBC states that "two sources familiar...
How Will China Pursue Xi Jinping’s Blockchain Adoption Plan?
6.11.2019
As President Xi calls to boost blockchain innovation in the country, the Chinese government introduces regulatory bodies while anti-blockchain sentiment is banned. What else is being done to pursue the ambitious plan?
China's Digital Fiat to Substitute Paper Money + 12 More Crypto News
6.11.2019
Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world.
Digital fiats news
China's digital fiat, the Digital Currency Electronic Payment (DCEP), is designed to substitute existing...
Binance to Advise Ukraine Government on Upcoming Crypto Regulation
6.11.2019
Malta-based cryptocurrency exchange Binance has agreed to help Ukraine prepare rules for cryptocurrencies
Binance is on Its Way of Implementing a Threshold Signature Scheme Library
6.11.2019
Binance has grown to be one of the firms which have taken the lead in innovation in the field of blockchain technology and cryptocurrency. It has focused on creation of core infrastructure services that would have a long-term effect on the crypto world. Binance has also made contributions to...
Arweave Community Welcomes Multicoin Capital, a16z Crypto, and Union Square Ventures
6.11.2019
Arweave, a Germany-based blockchain protocol steering permanent storage of data, has welcomed some of the most prominent venture companies in the world – Multicoin Capital, a16z crypto, and Union Square Ventures. The new partners have joined Arweave’s list of long-term token holders in their...
‘Party Starters’: Stellar Event Sees Frank Discussion of Crypto Market Makers
6.11.2019
Market making may be discussed in hush tones, but according to a handful of startup founders, the service is money well spent
GeniePay: The Smartest Way to Make Crypto Payments
6.11.2019
Cryptocurrencies have been dominating e-commerce now. For the past few years, it has turned out to be a major attraction for all the retailers who now seem to have retargeted their marketing towards the cryptocurrency owners. GeniePay GeniePay offers various payment solutions for SMEs and other...
Hong Kong Regulator to Treat Crypto Traders Like Brokers Under New Rules
6.11.2019
Hong Kong's Securities and Futures Commission issued new regulatory rules for crypto exchange licensing on Wednesday
'The Most Feared' Megafirm Quinn Emanuel Accepted First Crypto Payment
6.11.2019
\"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...
Gate.io Launched ‘HODL & Earn’ Program as a Part of Their New Asset Management Tools
6.11.2019
Gate.io registered under Gate Technology Inc Corporation, USA, which is well-known for the absolute absence of Fiat currencies, recently launched a set of ‘Hold (HODL) and Earn crypto asset management tools.’ The company tweeted: Stake #tron and earn benefits ???? ????@Tronfoundation...
Tokens.net Seals Partnership With Bitcoin.com as an Official SLP Partner
6.11.2019
Simple Ledger Protocol (SLP) is a protocol for token creation on the Bitcoin Cash (BCH) chain, promoting tokenization of assets in a simple and effective way. The Simple Ledger Protocol provides electronic wallets, block explorers, social media bots, token faucets and back-end infrastructure,...
Chinese Communist Party Reportedly Filling Roles at Top Exchange Huobi
6.11.2019
A source has reported to news.Bitcoin.com that the Chinese government is attempting to directly manage the crypto exchange industry in the country. According to the source, this could lead to frozen assets for U.S. account holders and others. Notably, Huobi Global’s website has announced that...
Hong Kong Makes Major Crypto Move
6.11.2019
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...
Only 1 Crypto Fund Has Passed Hong Kong’s SFC Regulatory Hurdles in First Year
6.11.2019
Only one financial fund has passed Hong Kong's framework for digital asset investments
Canadian Regulator Seizes Troubled Crypto Exchange
6.11.2019
The British Columbia Securities Commission has taken control of a cryptocurrency exchange which allegedly owes customers over $12 million. Einstein Exchange had planned to shut down amid complaints, lawsuits, and money laundering investigations. The Canadian regulator has also taken action against...
Cryptocurrency Exchange Bitfinex Postpones of K.im Token Indefinitely
6.11.2019
Cryptocurrency exchange Bitfinex has announced that K.im tokens on its Bitfinex Token Sale platform have been postponed indefinitely over regulatory concerns. Further, it has said that the team behind K.im will decide on token sale only after the platform is fully functional and that it may opt...
Bitcoin Cash Captured 90% of October’s Crypto Spending in Australia
6.11.2019
Just recently the web portal Bitcoinbch.com reported that the number of bitcoin cash (BCH) Australian retail transactions throughout the month of September outshined every other digital currency by a wide margin. After the study, the researchers analyzed transactions for the month of October...
US Congress Weighs Bill Spelling Out CFTC’s Crypto Derivatives Oversight
6.11.2019
If passed, the bill would be the first to place Congressionally-mandated, digital commodity-specific requirements on the CFTC
Blox Launches Automated Crypto Cost Basis Tool
5.11.2019
When it comes to owning cryptocurrencies, the investors should comply with the financial obligations like submitting their tax reports on time to the regulatory bodies. These crypto taxations and cost-based calculations often seem to be challenging for the financial professionals, due to the lack...