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PBOC Deputy Governor Calls STOs ‘Illegal Financial Activity’

Local media has reported that the People’s Bank of China (PBOC) has banned security token offerings (STOs). Pan Gongsheng, a deputy governor of the PBOC, has mobilized the same rhetoric used with regard to initial coin offerings (ICOs) in describing STOs, accusing security token offerings of comprising “illegal financial activity. дальше »

2018-12-11 06:50


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Conducting Security Token Offerings (STOs) in China Is Illegal

At a time when Security Token Offerings (STOs) are gradually gaining grounds in the cryptospace, with some observers  predicting the new type of fundraiser will replace initial coin offerings (ICOs), deputy governor of the People’s Bank of China (PBoC) has made it clear that STOs are illegal in China, reported the South China Morning Post on December 9, 2018. дальше »

2018-12-11 06:00


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Bitcoin Mining Giant Bitmain Is Collapsing – And It Only Has Itself To Blame

The Israeli research and development arm of cryptocurrency mining giant Bitmain will close, resulting in the firing of all 23 staff due to market “turmoil. ” Glikberg: Bitmain ‘Forced’ To Reevaluate As local media outlet Globes reported December 10, Bitmain, which continues to face financial problems of its own this year, will formally end all activities at its offshoot just three years after it began operations. дальше »

2018-12-10 18:00


Japanese lawmaker proposes four changes to the current taxation regime to encourage cryptocurrency adoption in the country

A Japanese lawmaker has proposed a number of changes to the current taxation regime in order to encourage adoption of cryptocurrencies in the country, CoinDesk reported. Takeshi Fujimaki, a representative of political party Nippon Ishin, said in a meeting held earlier this month that the country’s tax system should not “crush the future” of digital […] дальше »

2018-12-10 12:53


Governor of China’s central bank defines STOs as illegal financial activity in the country

The People’s Bank of China (PBoC), the country’s central bank, highlighted the illegality of Security Token Offerings (STOs) in the country, South China Morning Post reported on December 9. Pan Gongsheng, a deputy governor of China’s central bank, told a summit in Beijing “that ‘illegal’ financing activities through STOs and ICOs (Initial Coin Offerings)  were […] дальше »

2018-12-10 09:29


Deputy governor of China’s central bank defines STOs as illegal financial activity in the country

The People’s Bank of China (PBoC), the country’s central bank, highlighted the illegality of Security Token Offerings (STOs) in the country, South China Morning Post reported on December 9. Pan Gongsheng, a deputy governor of China’s central bank, told a summit in Beijing “that ‘illegal’ financing activities through STOs and ICOs (Initial Coin Offerings)  were […] дальше »

2018-12-10 09:29


People’s Bank Of China (PBoC) Says Security Tokens (STO) Are An “Illegal Financial Activity In China”

China’s Central Bank, the People’s Bank of China, reported to the South China Morning Post its decision concerning security token offerings, noting that they are illegal in the country. The bank’s deputy governor Pan Gongsheng appeared at a summit in Beijing and there, he discussed the “illegal” financing activities that have been effectuate with STOs […] дальше »

2018-12-10 06:11


Ethereum (ETH) developers have reached agreement on an activation time for Constantinople

Speaking at a bi-weekly core developer meeting Friday, members of ethereum’s open-source development team have reached agreement on anactivation time for Constantinople, a proposed code change designed to give users the option to update the blockchain with additional features, CoinDesk reported. дальше »

2018-12-7 21:13


CoinMarketCap Affirms XRP Coin’s Circulating Supply Data Is Verbatim With Ripple’s Statistics

CoinMarketCap Affirms That XRP’s Circulating Supply Data Is Directly Taken From Ripple’s Statistics As we have recently reported, the XRP community has been attacking CoinMarketCap lately. The community claims that they are not calculating the price of Ripple’s XRP tokens right because they are not taking into account the ones that held in escrows. Now, […] дальше »

2018-12-6 01:27


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Bitmain IPO in ‘Death Spiral’? Rumors Of $740M Q3 Loss as Bitcoin Cash Crashes

Fresh rumors over the financial health of Bitcoin mining giant Bitmain cast a shadow over the company again this week, suggesting it faces losses close to $1 billion. Bitmain’s Worst Quarter? Originally reported by the Twitter account known as BTCKING555 December 3, the author of which almost exclusively tweets about Bitmain, unreleased quarterly earnings data for Q3 2018 allegedly reveals $740 million losses. дальше »

2018-12-5 13:00


Russian Court Tests IPChain’s intellectual Property Blockchain to Store Copyright Information

A Russian court has launched a trial exploring the use of blockchain to store copyright data. The Russian court is dedicated to handling intellectual property cases. That court recently completed a successful test of a blockchain network for storing copyright data, according to a report by Russian news agency TASS this past week, as reported […] дальше »

2018-12-5 02:43


South Korea Is Trialing Blockchain Voting — Here’s What That Means

South Korea will test out a new blockchain voting system this month, sources close to the developments have confirmed to Bitcoin Magazine. Developed by the country’s National Election Commission (NEC) and its Ministry of Science and ICT, the distributed ledger system is based on IBM’s Hyperledger Fabric and will be used to authenticate voters and save voting results in real time. дальше »

2018-12-4 21:41