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21 remaining firms become official Libra members after Visa, Stripe, PayPal, and others pull out
The head of Libra, Facebook’s controversial cryptocurrency initiative, has stated the project will continue to develop its planned “new global currency” despite having lost a quarter of its backers, including Stripe, Visa, PayPal, and Mastercard. дальше »
2019-10-16 17:35 | |
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Ernst & Young Using DLT to Promote Accountability in Governments
Ernst and Young (EY), one of the largest professional services firms in the world, has developed a distributed ledger technology (DLT) based public finance management solution named EY OpsChain Public Finance Manager (PFM) to curb misappropriation of funds by government and foster efficiency and transparency, according to a press release on October 16, 2019. дальше »
2019-10-16 16:00 | |
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As Payment Firms Abandon the Libra Association, Who’s Next to Go?
Following last week’s news that PayPal was backing out of the Libra Association, almost all of the payment firms initially linked to the project have now announced their departure. Over the weekend, news emerged that Stripe, Visa, Mastercard, Mercado Pago, and eBay have all abandoned Facebook’s beleaguered cryptocurrency, striking a blow to Mark Zuckerberg’s plans […] The post As Payment Firms Abandon the Libra Association, Who’s Next to Go? appeared first on Crypto Briefing. дальше »
2019-10-14 17:52 | |
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“Appreciation for Bitcoin Growing,” says Libra Creator David Marcus After 5 Firms Quit Association
Just a week before, PayPal quit the Libra network and now first eBay, then Stripe and Mastercard all abandoned Facebook’s cryptocurrency project. “We highly respect the vision of the Libra Association; however, eBay has made the decision to not move forward as a founding member,” a company spokesperson said in a statement. The company is […] дальше »
2019-10-12 18:05 | |
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Exchanges respond to UK’s proposed ban on cryptocurrency derivatives
The World Federation of Exchanges urges the UK’s Financial Conduct Authority not to prohibit the sale of cryptocurrency derivatives to retail customers. The World Federation of Exchanges is the global trade association for regulated exchanges and clearing houses representing over 250 firms across the world, including the Chicago Mercantile Exchange (CME) Group and the Intercontinental […] The post Exchanges respond to UK’s proposed ban on cryptocurrency derivatives appeared first on CryptoSlate. дальше »
2019-10-9 11:29 | |
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British Crypto Investigations Skyrocket 74% as Watchdog Proposes Derivatives Ban
Investigations into cryptocurrency firms by the UK Financial Conduct Authority (FCA) have surged by three-quarters this year, as the agency tightens the rein on the crypto sector. Scrutiny On the Rise According to research from Pinsent Masons, an international legal firm, active investigations into cryptocurrency firms have surged to a whooping 87 companies in 2019 […] The post British Crypto Investigations Skyrocket 74% as Watchdog Proposes Derivatives Ban appeared first on CCN.com дальше »
2019-10-7 13:50 | |
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PayPal Abandons Facebook’s Libra Project Amid Regulatory Scrutiny
PayPal suddenly announced on Friday that it will be withdrawing its participation in the development of Facebook’s upcoming Libra cryptocurrency. When Facebook announced the Libra project, it received interest from numerous backers, with as many as 28 of them being large corporations with influence and trust. дальше »
2019-10-5 15:15 | |
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U.S. SEC Obtains $6.8M Fraud Judgment Against Nasdaq-Listed Firm, Longfin Corp.
Longfin Corp. , one of the firms that suddenly joined the crypto bandwagon in a bid to take advantage of the bitcoin bull run of 2017, has been ordered by a New York federal court to pay nearly seven million dollars in penalties and disgorgement for fraudulent practices, according to a press release on September 30,Read MoreRead More. дальше »
2019-10-1 23:00 | |
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Six Japanese Brokerage Firms Establish Japan Security Token Offering Association
Six among the leading securities companies in Japan including Monex, SBI Securities, and Rakuten Securities have officially established the Japan Security Token Offering Association. The announcement comes directly from Monex, October 1, 2019. дальше »
2019-10-1 17:30 | |
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Litecoin Foundation, Token Pay-owned German bank to process Bitcoin payments by 2020
WEG Bank AG, a German bank which has been partially acquired by three prominent blockchain firms – Nimiq, Token Pay and the Litecoin Foundation, has announced that it will process cryptocurrency payments for retailers by 2020. дальше »
2019-10-1 12:26 | |
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Exchanges form Crypto Rating Council, but pre-emptively admit its ratings mean nothing
A set of cryptocurrency firms have banded together to create a “Crypto Rating Council” to help classify digital assets — but it unlikely to mean much. Founded by prominent exchanges like Coinbase, Bittrex, and Kraken, the group aims to rate digital assets from 1 to 5. дальше »
2019-9-30 19:14 | |
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US-based Crypto Rating Council launches founded by leading firms
US-based Crypto Rating Council launches founded by leading firms - CryptoNinjas Today, the launch of The Crypto Rating Council was announced, which consists of leading U. S. crypto financial services firms committed to the responsible growth and maturation of cryptocurrency markets and related financial infrastructure and trading services. дальше »
2019-9-30 16:54 | |
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Ripple Exec Skeptical of Libra’s Decentralization Claims: A “Walled Garden”
Since Libra was unveiled earlier this year by Facebook, crypto enthusiasts and industry firms have been heavily scrutinizing the project. The fear is that the “cryptocurrency” and “blockchain” won’t sport the tenets of a decentralized network, Related Reading: CNBC Analyst Slams Facebook Libra, Champions Bitcoin According to an executive of Ripple Labs, these fears are. дальше »
2019-9-30 00:00 | |
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Travel Site Travala.com Partners With Zcoin To Allow Clients Pay Their Hotel Expenses Using XZC
Top blockchain-based accommodation booking firm, Travala.com has revealed that it has teamed up with Zcoin to allow clients to pay for their hotel bookings using the cryptocurrency. In a blog post, the two firms stated that the move will help enhance crypto tourism as Zcoin holders will have a chance of benefiting up to 40% […] дальше »
2019-9-26 21:19 | |
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Singapore Tackles Forged Degrees with Blockchain Technology
Review Revise Renew (RRR) Pte Ltd, a Singapore-based firm has announced plans to develop a distributed ledger technology (DLT) based solution that will permanently solve the problem of fake degrees and enable firms to hire the most qualified candidate, reports Digital Journal on September 23, 2019. дальше »
2019-9-24 15:00 | |
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German Blockchain Strategy Crushes Private Stablecoin Projects
In a bid to make it impossible for private firms to create their own cryptocurrencies, the German government has implemented a comprehensive blockchain strategy to thwart the efforts of tech giants like Facebook and others. дальше »
2019-9-19 01:00 | |
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Deloitte’s Canteen to Accept Bitcoin Purchases as the Big Four Prepares for Blockchain Operations
Deloitte LLC, one of the Big four accounting firms in the world recently joined the Blockchain and Cryptocurrency wave. The firm gave hints of its intention to accommodate blockchain in operations after it allowed employees to purchase lunch via Bitcoin. дальше »
2019-9-18 23:38 | |
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Your Crypto Exchange Can’t Send Even $1000 Without Exposing You
Transferring more than $1,000 in bitcoin or any other crypto from one exchange to another could land your private details on the desk of the Financial Action Task Force (FATF). That is possible ever since the intergovernmental agency in June imposed new anti-money laundering standards on the cryptocurrency firms. дальше »
2019-9-18 12:15 | |
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China’s Inner Mongolia to Drive Out Cryptocurrency Miners
Authorities in China’s autonomous region of Inner Mongolia released a notice requiring local cryptocurrency mining firms to stop their operations, according to ChainNews. Is Inner Mongolia Starting a Trend Among China’s Authorities? China has enjoyed that status of the world’s hub for cryptocurrency mining since it hosts a good share of crypto miners who’re looking for cheap electricity. дальше »
2019-9-16 16:00 | |
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Dutch Parliament May Rule On Legislation To Ban International Crypto Firms Operating In Netherlands
The recently reported registry mandate for local crypto companies in the Netherlands will also impact the international companies in the jurisdiction. While all local financial companies (including crypto firms) are set to be registered with the Dutch National Bank (DNB) by January 10, all international cryptocurrency companies will not be able to operate their business […] дальше »
2019-9-11 17:36 | |
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Legacy Trust Brings Cryptocurrency to Pensioners
Custody firm Legacy Trust announced the launch of a digital asset-based pension plan to allow the public to hold crypto for their retirement corpus. As per Coindesk, September 4, 2019, the Hong Kong-based firm will offer the scheme to employees of participating firms and self-employed individuals through an underlying portfolio of cryptocurrencies and fiat currencies. дальше »
2019-9-6 19:00 | |
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Cryptocurrency Projects Are Upping Their Privacy Game
What you do with your digital currency ought to be nobody else’s business. Unfortunately, law enforcement, regulators, blockchain forensics firms and other opponents of civil liberties are constantly seeking to usurp this basic human right. дальше »
2019-9-4 22:30 | |
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2020 Deadline for Cryptocurrency Firms Operating in Netherlands to Register with the Central Bank
Dutch cryptocurrency will be required to register and comply with the rules set by the De Nederlandsche Bank according to an official announcement from the financial authority. By January 10 2020, every cryptocurrency firm operating in Netherlands should be registered by the central bank. дальше »
2019-9-4 18:00 | |
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Dutch Central Bank to Supervise Crypto Companies
De Nederlandsche Bank, the Dutch central bank, has announced that local cryptocurrency firms will soon come under its direct supervision. The post Dutch Central Bank to Supervise Crypto Companies appeared first on Bitcoin Magazine. дальше »
2019-9-6 00:38 | |
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Dutch Central Bank Orders Crypto “vulnerable to financial crime” Companies to Register
De Nederlandsche Bank to regulate crypto companies starting from January 10, 2020 The move came under the fifth European anti-money laundering directive De Nederlandsche Bank would begin regulating companies that offer cryptocurrency services, starting from January 10, 2020, announced the Dutch central bank on Tuesday. дальше »
2019-9-3 18:59 | |
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Dutch central bank has new rules for crypto, says it’s ‘vulnerable to financial crime’
The Dutch central bank has today announced it must begin supervising cryptocurrency companies (including wallet providers) under the fifth European anti-money laundering directive, which came into effect in July. дальше »
2019-9-3 13:07 | |
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China’s Govt Crypto Readies Huge November Launch to Steal Libra’s Thunder
Facebook’s fears that the bottlenecks tech firms in the free world face in developing cryptocurrencies risks opening the door for more closed societies to take the lead have been confirmed. According to Forbes, China has already developed a state-backed cryptocurrency known as DC/EP (DC- Digital Currency, EP – Electronic Payments) that could be unveiled in […] The post China’s Govt Crypto Readies Huge November Launch to Steal Libra’s Thunder appeared first on CCN Markets дальше »
2019-8-30 14:43 | |
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Binance CEO Denies Having Links with Ponzi Firms
Millions of cryptocurrency investors have fallen victim to a growing number of multilevel marketing scams over the recent years. In 2018, victims lost about $1. 7 billion to companies that falsely promised to multiply their capital within a short period. дальше »
2019-8-26 17:00 | |
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Australian Blockchain Startups Struggling to Generate Revenue
During the crypto markets bull run of 2017, a number of firms latched onto the blockchain bandwagon in a bid to take advantage of the burgeoning industry. While the move proved to be a forward-thinking maneuver at the time, as the stock prices of some DLT-related firms skyrocketed almost immediately, however, the hype phase isRead MoreRead More. дальше »
2019-8-26 09:00 | |
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Amazon Web Services Goes Down Causing Major Disruptions Among Various Crypto Exchanges
One of Amazon’s services is providing cloud service to many firms, especially in the crypto world. On Friday, there were some problems in Amazon’s cloud service, AWS which disrupted the services at some cryptocurrency exchanges. дальше »
2019-8-24 20:50 | |
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Crypto Trading Is the New Wall Street: Kraken Pro Trader
By CCN Markets: The crypto market continues to attract former Wall Street traders, and now we know why. Nelson Minier, who is the head of OTC at cryptocurrency exchange Kraken, was featured on Nasdaq TradeTalks as a guest. дальше »
2019-8-23 00:00 | |
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Chainalysis Blockchain Analysis Firm Launches First-Ever Alert System for Suspicious Crypto Transactions
Chainalysis launches the first ever suspicious real time alert system for cryptocurrency transactions – Chainalysis Know Your Transaction (KYT) alerts. Chainalysis, a cryptocurrency and blockchain security analysis firm, announced on August 22 the launch of the first real time alert systems for suspicious cryptocurrency transactions. дальше »
2019-8-23 23:54 | |
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Singapore Government-Backed Tribe Accelerator To Release Blockchain-Based Engagement Platform
Tribe Accelerator, an incubator backed by the Singaporean Government, has launched OpenNodes: a media-based engagement platform to allow large corporates, blockchain firms, and governments to collaborate and communicate on a single channel, August 21, 2019. дальше »
2019-8-23 13:00 | |
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Facebook’s WhatsApp to Launch Payment Service in Indonesia
Facebook the highly controversial social media giant developing the Libra global stablecoin, is in talks with Indonesian digital payment platforms and fintech firms to enable it to launch a WhatsApp-based mobile payments service in the region, reports Reuters on August 20, 2019. дальше »
2019-8-21 20:00 | |
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SEC charges ICO Rating for shilling crypto projects without disclosure
The SEC penalized Russia-based ICO Rating for failing to disclose it was being paid to shill cryptocurrency projects. The enforcement action comes as the Commission continues to crack down on firms that tout crypto securities without disclosures. дальше »
2019-8-21 03:13 | |
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Deloitte Launches Blockchain Experimentation Tool
In a bid to make it easier for startups to understand the workings of distributed ledger technology (DLT) and how its numerous use cases can be implemented, Deloitte, one of the “big four” accounting firms and the largest professional services network in the world, has launched Blockchain In a Box (BIAB). дальше »
2019-8-21 01:00 | |
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Binance Announces 'Venus' Initiative
Binance is looking to create partnerships with governments, enterprises, and cryptocurrency and blockchain firms to participate in the exchange's Venus initiative, which will see the exchange help with the development of new stablecoins on its own blockchain, Binance Chain. дальше »
2019-8-20 19:32 | |
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Facebook Covert Audio Sharing Casts Doubt Over Libra Privacy
Facebook used third-party contractors to listen to user audio without telling them, in a move which raises questions about the third-party sponsors of its libra cryptocurrency. Facebook Shared Messages With Third Parties As Bloomberg reported on August 13, Facebook confirmed it had used middleman firms to transcribe audio messages from its Messenger app. дальше »
2019-8-14 11:34 | |
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Ripple takes a step towards decentralization as it sees a significant fall in its dUNL
Ripple is undoubtedly one of the largest firms in the cryptospace today. The San Francisco-based exchange has been stung by a lot of criticism recently, despite repeated attempts by the Brad Garlinghouse-led team to disambiguate centralization claims of its cryptocurrency, XRP. дальше »
2019-8-14 23:30 | |
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Indian Firms Big on Blockchain But Gov’t Still Myopic on Crypto
It appears that the Indian government is mirroring China’s movements with regards to blockchain and cryptocurrency. A huge project by Indian mobile network operator, Reliance Jio, plans to roll out the country’s largest blockchain platform, yet lawmakers remain myopic about cryptocurrency. дальше »
2019-8-12 14:00 | |
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Ethereum, Cardano Foundations among top 50 blockchain firms in Crypto Valley
Built on scientific philosophy and peer-reviewed academic research, the “third-generation” blockchain platform, Cardano, has often been touted as one of the best blockchains in the cryptocurrency space. дальше »
2019-8-12 13:30 | |
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BitMix: A One-Stop Destination For Cryptocurrency Mixing
At a time when cryptocurrencies are under strict surveillance such as this, there is a need to preserve the privacy and identities of those who use cryptocurrency for transactions. This is achieved through mixing services provided by several firms. дальше »
2019-8-12 20:53 | |
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