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Market Outlook: Crypto Bulls Rally After Bearish Downturn
18.7.2019
Since July 13, digital currency prices have dropped in value significantly, but most coins have since experienced some recovery. While many crypto supporters are optimistic on where the markets are headed, traders and analysts have noticed a bullish-to-bearish trend. BTC and a slew of other...
Money Laundering Fines Worth Billions Help Bankers Avoid Prosecution and Unpleasant Labels
18.7.2019
The recent seizure of a cargo ship owned by JP Morgan, a vessel loaded with 20 tons of cocaine according to latest accounts, highlighted the risks of banks’ involvement in illicit activities, inadvertent or otherwise. And although U.S. authorities released the MSC Gayane after the owner,...
PR: Matrix Exchange Receives Approval From Abu Dhabi Global Market
14.7.2019
Abu Dhabi-based crypto asset exchange, Matrix Exchange announced on July 12 that it has received an In-Principle Approval (IPA) from by the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) to operate as a crypto asset exchange and custodian in ADGM.
The post...
Thailand Approves 4 New Cryptocurrency Service Providers
13.7.2019
The Thai Securities and Exchange Commission has approved four new crypto business operators to legally operate in the country. In addition to licensing a new crypto exchange, the government has officially approved the country’s first three digital token portals. Meanwhile, new rules...
JP Morgan Chase Ship Busted: Cocaine, Banks and the Failed Drug War
11.7.2019
A ship seized by the U.S. Customs and Border Protection Agency in June carrying over 15,000 kilos of cocaine has now been tied to JP Morgan Chase’s asset management unit. Officially the company does not exercise any operational control of the vessel, but some serious questions are raised when...
Goldman Sachs Seeks Executive to Lead ‘Unprecedented’ Digital Asset Projects
10.7.2019
"In short, we’re evolving, and we’re looking for some of the most talented individuals in the world to help us go further than ever before," according to the job posting
Swap and Track BCH on the New Shapeshift Suite for Noncustodial Crypto Management
8.7.2019
Shapeshift, the company that allows traders worldwide to exchange hundreds of cryptocurrency pairs launched its new crypto platform that now offers an integrated suite of digital asset management in a noncustodial fashion. The firm believes the latest release offers a true end-to-end solution that...
Libra Isn’t a Cryptocurrency. It’s a Glimpse of a New Asset Class
6.7.2019
Noelle Acheson argues that Libra is not a cryptocurrency, it’s a security. That in itself is a huge innovation, and perhaps a glimpse of what is yet to come
UK Financial Watchdog Grants License to London-Based Crypto Asset Firm
2.7.2019
London-based Prime Factor Capital has received FCA approval to operate as a cryptocurrency investment management firm
Huobi Unveils ‘Finance Chain’ For Building Enterprise Blockchains
1.7.2019
Huobi develops a public blockchain to enable companies to deploy their own blockchains, following a new partnership with Nervos
Group of Digital Asset Trade Associations to Establish Global Cryptocurrency Association
29.6.2019
A group of national crypto associations has announced their commitment to a global initiative for firms in the industry
Markets Update: Cryptocurrency Prices Continue to Accelerate
26.6.2019
Digital asset markets have been on a tear lately, gaining $68 billion in five days. Currently, there’s over $100 billion in global trade volumes and crypto bulls don’t seem to be letting up any time soon. Also Read: How to Find a Bitcoin Cash Meetup Near You The Cryptoconomy Captures...
Enforcement of Updated Crypto Guidelines From FATF Has Far-Reaching Implications
25.6.2019
The FATF (Financial Action Task Force) has revealed updated guidelines that would require cryptocurrency and digital asset exchanges—and potentially independent business owners and crypto holders—to share sensitive customer information as VASPs (Virtual Asset Service Providers)...
Ethereum-Based Synthetic Asset Platform Loses Over 37M Tokens in Oracle Attack
25.6.2019
An asset platform that allows for the minting and trading of synthetic assets recently lost over 37 million synthetic ether in an apparent oracle attack
FATF Releases Global Standards for Crypto Assets
22.6.2019
The Financial Action Task Force adopted its new rules on crypto assets and published its updated Guidance on Virtual Assets and Virtual Asset Service Providers Friday. Under these new measures, crypto service providers will be required to implement the same requirements as traditional financial...
EToro Confirms Tokenized Asset Trial on Facebook Libra
21.6.2019
Protocol of embattled Libra from Facebook gets vote of confidence from eToro
PR: Anxone Provides Multi-Layer Security For Crypto Storage
21.6.2019
Hacking is a front and center issue for digital asset exchanges. Especially given its worrying year-over-year increases, from US$152mn in 2016 to US$950mn in 2018. Our current year 2019 has already posted over US$1bn in lost assets due to hacking, which puts security as a paramount consideration...
Legislators Endorse Virtual Asset Summit Convened in Response to Coming FATF Crypto Rules
19.6.2019
Global legislators have voiced their support for a June summit in Japan, which will discuss industry responses to forthcoming crypto sector guidance from the FATF
Bittrex International Spreads Its Wings Of Digital Asset Trading To Liechtenstein
18.6.2019
Today Bittrex International has announced that its digital trading platform will see expansion soon. It will soon cater to the ‘qualified’ users of Liechtenstein. The new changes on the platform include brand new trading pairs with Euro and many fiat currencies. In addition, we will be seeing...
Digital Asset Partners With Amazon AWS Aurora on Smart Contract Language Interoperability
18.6.2019
Blockchain software firm Digital Asset has partnered with Amazon Web Services Aurora to make its open-source smart contract language DAML more interoperable