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Estonia Revokes More Than 1,000 Crypto Firms’ Licenses This Year
15.12.2020
Over 1,000 cryptocurrency firms’ licenses have been revoked in Estonia this year as the country tightens the oversight of the crypto industry amid heightened money-laundering concerns. 1,000+ Crypto Firms Lost Their Licenses This Year The Estonian Ministry of Finance revealed Friday that...
PayPal CEO calls on crypto industry to work hand in hand with regulators
2.12.2020
Compliance is key if you want to play the game, says PayPal CEO Dan Schulman
TrustSwap Leverages its Escrow and Time-lock Services to Build a Startup Launchpad
21.11.2020
In recent months, a new DeFi upstart has been making a name for itself in the cryptocurrency arena. It’s called TrustSwap, and it’s purpose-built to fill a void in the crypto industry that’s integral to the continued mission of bridging the gap between crypto and mainstream...
FATF Signals More Pressure on Crypto Industry As It Moves 'Too Slow'
16.11.2020
International regulators have hinted that they may seek to block global stablecoins if their operators attempt to launch tokens in jurisdictions beyond their remit. Also, they suggested that they could be prepared to redouble their regulatory efforts as Virtual Asset Service Providers (VASPs)...
SWIFT-based FATF Rules Poor Fit for Crypto Industry, Says V20 Speaker
14.11.2020
A speaker at the V20, a crypto conference held parallel to G20 summits, have suggested that the Financial Action Task Force (FATF) so-called Travel Rule and accompanying guidelines may not be fit for purpose – and may be based on outdated, centralized models.
The Travel Rule is part of a set...
Kucoin Recovers 84% of Funds Stolen in $280 Million Hack
11.11.2020
Kucoin chief executive officer Johnny Lyu revealed Wednesday that the exchange recovered 84%, or $235 million, of the $280 million stolen in one of crypto industry’s biggest hacks in September. In a tweet, Lyu said the affected funds have been recovered “via approaches like on-chain...
Jointer.io Matches Binance & CZ’s $100 Million Challenge With Early Adopter Fund
9.11.2020
PRESS RELEASE. Changpeng Zhao (CZ) sent shockwaves across the crypto industry in September by announcing a $100 million investment fund devoted to projects building on the Binance Smart Chain (BSC). Now, Jointer.io, the world’s first commercial real estate-backed DeFi auction, is matching...
The Crypto Industry Remains Mostly Unengaged in Election 2020
3.11.2020
The cryptocurrency industry did not get heavily engaged in this year’s election, either via donations or lobbying
Blockchain Fest 2021: A Global Hub for Crypto Industry
2.11.2020
Global crypto forum takes over European financial and IT capital When—May 2021 Where—Limassol, Cyprus (Parklane Hotel by Marriott Bonvoy) Blockchain Fest will take place in May 2021, in Limassol and has chosen Cyprus, European financial and IT center as its hub to bring experts from all over...
Indian crypto industry expanding, regulators seem reluctant to engage
1.11.2020
As Cashaa launches crypto banking services in India, the cryptocurrency industry continues to grow despite uncertain regulations
Election 2020: What’s at Stake for the Crypto Industry
26.10.2020
While neither major Presidential candidate is campaigning on a crypto platform, who they appoint to head up federal agencies will shape policy for years to come
Bitcoin Businesses on the Mend: Report Shows 57% of Crypto Execs Expect the Industry to Accelerate, Companies Are Hiring
23.10.2020
Digital Currency Group (DCG) recently published the firm’s “State of Crypto 2020” report which polls more than 150 portfolio crypto companies. According to the study, 75% of the respondents believe the value of their business has grown this year, while 50% of the startups have...
Not everyone in the crypto industry is thrilled about PayPal's recent news
22.10.2020
PayPal’s Bitcoin integration is “probably not because they want to spur healthy adoption,” explained SatoshiLabs
A Regulatory Reckoning for the Crypto Industry?
10.10.2020
Between BitMEX action, the U.K.’s derivative ban and the new U.S. Department of Justice enforcement framework, regulations are coming for crypto
European Police Forces Want Tougher KYC Measures for Crypto Industry
6.10.2020
Europol, the EU’s law enforcement cooperation agency, has called on EU member states to press crypto businesses to enforce tighter know-your-customer (KYC) policies. The organization also wants exchanges to communicate more with regulators to combat what it believes is a rising crime wave powered...
How the Crypto Industry Seesaws Between Assets and Infrastructure
29.9.2020
Bitcoin invented a new asset as well as new infrastructure. Often, we confuse the two roles it plays
Cambridge University’s Third Crypto Study Records 101 Million Cryptocurrency Users Worldwide
25.9.2020
The University of Cambridge and the school’s Centre for Alternative Finance has published the third “Global Cryptocurrency Benchmarking Study.” The 71-page in-depth study examines the current growth of the crypto industry, mining, offchain activity, crypto asset user profiling...
How Activist Investors Can Help the Crypto Industry Mature
21.9.2020
Often demonized for acting self-interestedly, activist investors can bring much needed focus to struggling organizations. In crypto, too
Can a liquidity marketplace advance the crypto industry?
5.9.2020
A two-sided liquidity marketplace just might be the catalyst that will drive the next wave of digital asset trading growth
Hacking of PM Modi Happened at Bad Time for Indian Crypto Industry
3.9.2020
Narendra Modi. Source: A video screenshot, Youtube/Narendra Modi
An apparent hacking of Indian Prime Minister Narendra Modi’s Twitter account by attackers seeking to scam people into sending cryptocurrency came at a bad time for the industry in India, where the government is still working out what...