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Op Ed: New Bermuda Legislation Will Create a Novel Class of Bank to Service Fintech Companies
As we reported on July 19, 2018, Bermuda is determined to establish itself as the leading jurisdiction for fintech entrepreneurs, in particular those involved in initial coin offerings (ICOs), digital assets and virtual currencies. дальше »
2018-8-23 23:03 | |
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SEC Going Hard After ICO Fraudsters
The US Securities and Exchange Commission (SEC) obtained a permanent penny stock bar and an officer-and-director bar against the founder of a fraudulent initial coin offering (ICO), which actually entered the cryptocurrency market as a cover for funding an oil exploration company in California. дальше »
2018-8-16 21:43 | |
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Bitmain Posts $1 Billion Dollar Profit in Q1 2018, IPO Plans Underway
Mining giant Bitmain has posted profits in Q1 of 2018 totaling $1. 1 billion. Sources say, “Bitmain plans to file for an IPO very soon. ” An email has been obtained by Term Sheet from a source closely connected to Bitmain. дальше »
2018-7-31 04:28 | |
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Bitmain Posts $1 Billion Dollar Profit in Q1 2018, IPO Plans Underway
Mining giant Bitmain has posted profits in Q1 of 2018 totaling $1. 1 billion. Sources say, “Bitmain plans to file for an IPO very soon. ” An email has been obtained by Term Sheet from a source closely connected to Bitmain. дальше »
2018-7-31 23:07 | |
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PR: Cryptagio Obtains Licences – Is Half Way to Becoming a Crypto Fiat Exchange
Tallinn, Estonia, — On its way to supporting fiat currencies, Cryptagio digital asset exchange is halfway through. The company has recently obtained licences for providing its users with a crypto-fiat exchange as well as wallet services. дальше »
2018-6-28 12:30 | |
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Investment App Robinhood, Which Recently Opened Up Crypto Investing to Users, in Talks With US Officials to Obtain Banking License
According to sources obtained by Bloomberg. com, personal investment app start-up Robinhood (which allows crypto investments also) has begun discussions around obtaining a banking license from the US Office of the Comptroller of the Currency (OCC), which would allow the Menlo Park company to expand its offering to customers significantly. дальше »
2018-6-23 14:23 | |
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Unofficial Report Confirms Tether’s Tokens Are Fully Backed by US Dollars
Tether Ltd. , which issues a stable coin allegedly tied to U. S. dollar reserves, claims it has hired Freeh Sporkin & Sullivan LLP — a law firm co-founded by FBI Director Louis Freeh — to confirm its bank deposits and assure investors that its cryptocurrency is backed by USD. дальше »
2018-6-21 23:05 | |
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Square Cash App Gets Bitcoin Trading License in New York
Square, a payment processing company owned by Twitter CEO Jack Dorsey, has obtained a New York BitLicense. The firm announced the news on Twitter on June 18, 2018. The license grants approval for the company to offer Bitcoin trading services in New York via its Cash app. дальше »
2018-6-19 15:00 | |
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Jack Dorsey’s Square Obtains Ninth BitLicense Ever
Payments company Square, a side venture of Twitter CEO Jack Dorsey, is the ninth firm to have obtained a BitLicense by the New York State Department of Financial Services. Bitcoin purchases first became available on its app in other states in January, but revenue has barely covered the costs in Q1 2018. дальше »
2018-6-19 00:00 | |
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Financial Services Provider Square Acquires New York Bitlicense
The company Square announced on Monday the firm has been granted the Bitlicense from the New York Department of Financial Services (DFS). The firm and its ‘Cash App’ are now legally allowed to operate and utilize cryptocurrency solutions in the state of New York. дальше »
2018-6-19 23:10 | |
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Estonia Grants License to Crypto Trading Software Provider Ibinex
Ibinex, a company that specializes in white-label solutions for cryptocurrency exchanges, has obtained a license to operate in Estonia. Besides exchange services, it also plans to offer both hot and cold wallets within the regulatory framework of the tech-savvy, crypto-friendly Baltic nation. дальше »
2018-6-15 16:43 | |
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Clearing Up Misconceptions: This Is How Tether Should (and Does) Work
There is substantial controversy surrounding Tether, a cryptocurrency that claims to be pegged to the U. S. dollar. According to Tether, each Tether token is backed by one U. дальше »
2018-6-14 22:01 | |
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