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Lack of Regulations Driving Crypto Firms to the Verge of Ruin - Report
31.1.2020
Source: iStock/StockSeller_ukr
A new report claims that more South Korean cryptocurrency and blockchain technology companies could fold soon following a closure announcement earlier this week from much-vaunted wallet service BitBerry.
As previously reported, BitBerry operator and Dunamu subsidiary...
Few Banks Will Touch Crypto Firms, But Silvergate Wants to Touch Bitcoin Itself
30.1.2020
Silvergate made its name providing fiat banking services for crypto businesses. Now CEO Alan Lane wants the bank to handle digital assets themselves
Coronavirus Controls in China Are Delaying Crypto Miner Deliveries, Firms Say
30.1.2020
MicroBT and Canaan have notified customers they would be delaying ASIC deliveries due to the Chinese government's quarantine of Wuhan following the coronavirus outbreak
More Than 50 Crypto Marketing Agencies Survived the Crypto Winter
30.1.2020
The cryptocurrency industry has grown exponentially and there are many facets to the blockchain industry. One specific area of expertise that’s grown significantly in the last few years is the expansion of marketing agencies within the blockchain and cryptocurrency space. In 2020 there...
One of World’s Richest Firms Joins Blockchain Trade Platform Vakt After $5M Investment
28.1.2020
Oil-giant subsidiary Saudi Aramco Energy Ventures has made a $5 million investment in Vakt, a commodities post-trade processing platform built with blockchain tech
Singapore Act to License Cryptocurrency Firms Comes Into Effect
28.1.2020
Starting today, Singaporean cryptocurrency firms are required to hold a license issued by a local regulator
Over 700 Blockchain Firms Founded This Month in China, Over 26,000 In Operation
27.1.2020
Over 700 blockchain firms have already been founded in China in 2020, though registered operating capital among the vast majority of them is very low
Crypto and Blockchain Firms Pitch In to Help Coronavirus Victims
26.1.2020
Some cryptocurrency and blockchain firms have pledged money and resources to help victims of the Wuhan coronavirus, which has already claimed over 50 lives
Companies Keep Flocking to Swiss Crypto Valley, Over 1,000 Jobs Added in a Year
26.1.2020
Crypto Valley, a fintech-friendly region centered on the canton of Zug, has been expanding to other parts of Switzerland and neighboring Liechtenstein. Despite all the challenges facing the blockchain industry, favorable regulations and improving access to banking and legal services are attracting...
Germany Increases Costs For Some Crypto Firms by USD 250,000
24.1.2020
Germany's newly installed cryptocurrency laws have made it illegal for new firms to launch crypto trading, custody services and issue tokens, according to experts.
Since January 1, the German Banking Act has stated that crypto assets now qualify as financial instruments and that crypto-exchanges...
Ripple CEO Hints at IPO, Says More Crypto Firms Will Go Public in 2020
24.1.2020
CEO Brad Garlinghouse has hinted that Ripple may pursue an IPO, saying he expects more industry firms to pursue public flotation in 2020
Ether Price Drop Slashed Valuation of Crypto Valley’s Top 50 Firms by 40%
23.1.2020
While Ether prices have a strong effect on the valuation of Crypto Valley’s top 50 firms, CV VC told Cointelegraph that there are other indicators to watch as well
Crypto Employment Abounds With More Than 8,000 Jobs in 2020
18.1.2020
During the last year, the cryptoconomy has picked up pace after a drawn out crypto winter. When market prices were low and startups were short on capital, a bunch of firms laid off employees in 2018. A year later, and digital currency companies are hiring. Also read: Regulatory Roundup: EU-Wide...
South Korean Firms Use Blockchain Technology To Safeguard Online Gaming
16.1.2020
Leading tech startup Bloom Technology and game studio Bluside have announced the news about their collaboration focused on employing the expertise of blockchain technology to the new Kingdom Under Fire game. The two reputed South Korea-based firms have teamed up to infuse blockchain technology into...
Institutional and Retail Bitcoin Futures Demand Continues to Climb
12.1.2020
2019 saw significant bitcoin derivatives action from firms like CME Group and Bakkt. This year, demand for CME’s bitcoin futures remains strong and the firm’s options products may be available this week. Additionally, Bakkt’s physically-delivered bitcoin futures have consistently...
European Crypto Firms Brace for Higher Costs as AMLD5 Takes Effect
10.1.2020
A strict new regulatory regime is dawning upon European firms handling cryptocurrency. Here’s what AMLD5 will mean for the industry
Telecom Giant Telefonica Pilots Blockchain Access on 8,000 Spanish Firms
9.1.2020
Spanish telecoms giant Telefonica granted access to its blockchain to about 8,000 local firms
NY Governor Wants Crypto Firms to Cover Costs for NYDFS Oversight
9.1.2020
New York Governor Andrew Cuomo argues that crypto entities licensed under the Financial Services Law should pay for NYDFS oversight
China: Private, State-run Firms Debut Blockchain Platforms + More News
8.1.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Blockchain news
Alibaba subsidiary and AliPay operator Ant Financial has announced that its enterprise blockchain platform will...
Japanese Firms SBI and GMO Join the Digital Gold Rush in Texas
8.1.2020
The city of Rockdale, Texas is attracting attention again, similar to the interest the region saw back in the fifties when the Alcoa aluminum smelting facility set up shop. These days, Rockdale’s change is due to the influx of bitcoin miners coming to town from all around the world....