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Dow Crashes as Federal Reserve Goes to War Over Interest Rates
The Dow and broader U. S. stock market reversed gains Wednesday after the Federal Reserve initiated its long-awaited interest-rate cut – but not without some dissension. Dow Plunges; S&P 500, Nasdaq Follow All three major U. дальше »
2019-7-31 22:11 | |
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UK financial watchdog finally decides which cryptocurrencies it wants to regulate
The Financial Conduct Authority (FCA), the regulatory body tasked with overseeing the country’s financial markets, has clarified its stance on crypto assets, stating which tokens it’s responsible for. дальше »
2019-7-31 16:12 | |
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Facebook Could ‘Pull The Plug’ On Libra, New Statement Reveals
Since Facebook’s announcement of its plan to launch a global currency in the form of a cryptocurrency called Libra, financial regulators across the world have spat fire and brimstone at the social media company. дальше »
2019-7-30 16:12 | |
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Tether Arrives on Blockstream’s Liquid Sidechain Despite Controversies
According to an official statement released by Blockstream on July 29, Tether (USDT) will be now issued on Bitcoin’s sidechain Liquid Network under the name Liquid USDt, which is already available to be deposited or withdrawn on the Bitfinex exchange. дальше »
2019-7-30 15:00 | |
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Bitcoin Is Being Bought Up By Highly Profitable Institutions As CIOs Buy BTC Ahead Of Major Firms
Bitcoin has earned a lot of attention from the traditional financial market, though the recent attention has been more positive. In a statement from Anthony Pompliano, it looks like the chief investment officers of the multi-billion institutions are gaining some inflow now. дальше »
2019-7-29 18:33 | |
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Curtin University Is Now Accepting Bitcoin For Its Crypto PhD Program
As per an all new statement released by the folks over at Curtin University — Western Australia’s largest educational institution with over 55k enrolled students — the centre for higher learning is all set to launch a crypto PhD Scholarship Fund that will be driven entirely by BTC and ETH donations. In regards to the […] дальше »
2019-7-28 19:23 | |
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Fujifilm’s $10,000 beast of a camera, the GFX100, has a faulty shutter
Fujifilm has issued a warning that its new $10,000, 100-megapixel beast of a camera, the GFX100, suffers from “a loosening of the side shutter release ‘lock’ function” included in the device’s built-in vertical grip. дальше »
2019-7-25 16:08 | |
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Justin Sun’s “darkest moment”: apologizes for “over-marketing” TRON to Chinese authorities, then deletes apology
Drama around Justin Sun’s lunch with Warren Buffett continues. Hours ago he published a statement on Weibo apologizing to the TRON community and Chinese authorities for “over-marketing. ” He deleted the message shortly afterward—read the full translated message here. дальше »
2019-7-25 04:48 | |
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Facebook gets away with $5B FTC fine for leaking your data
The US Federal Trade Commission (FTC) has slapped a $5 billion fine on Facebook in wake of the Cambridge Analytica scandal and its other data leaks. In an agreement filed today, the FTC has also ordered the social network to make privacy-related changes to avoid such mishaps in the future. дальше »
2019-7-24 17:08 | |
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New York financial regulator sets up new division to police cryptocurrency businesses
The New York State Department of Financial Services has announced the launch of a new division which will absorb the regulator’s current department that oversees cryptocurrency businesses in the state. дальше »
2019-7-24 11:02 | |
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Malta’s Financial Regulator Warns The Public Against Emirate Coin Tech, a Suspected Ponzi Scheme
The Malta Financial Services Authority (MFSA) has warned the public a possible Ponzi like a crypto-based company which has been duping the public that it is registered to operate in Malta. In a press statement released on July 23, the financial watchdog said that Emirate Coin Tech is not a Maltese registered company nor licensed […] дальше »
2019-7-24 00:14 | |
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Canadian Exchange, CoinLaunch, Reaches a Settlement with Ontario Securities Commission (OSC)
The securities regulator in Ontario announced a settlement with Coin Launch following allegations of illegally trading securities masked as crypto on June 22nd. The public hearing on the settlement will happen two days later. дальше »
2019-7-23 18:04 | |
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Palestinian Authority: Cryptocurrency Will Bring Economic Freedom
The Palestinian Authority believes issuing a sovereign cryptocurrency token will reduce Palestine’s reliance on the Israeli shekel. Palestinian Authority: First Money, then Power Palestinian Prime Minister Mohammad Shtayyeh recently announced that his government will use cryptocurrency to bypass sanctions levied by Israel. дальше »
2019-7-23 06:58 | |
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India: Government Committee Recommends Cryptocurrency Ban
Despite an earlier statement from India’s Minister of State for Finance that the government wasn’t planning on banning cryptocurrencies, the Inter-Ministerial Committee (IMC) is proposing otherwise. According to the IMC report on July 22, 2019, the committee recommended a blanket ban on cryptocurrency and also penalties for conducting virtual currency activities in the country. дальше »
2019-7-23 20:33 | |
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The Stock Market Chart Trump Doesn’t Want You to See
President Donald Trump hardly ever resists the urge to congratulate himself for single-handedly catalyzing a stock market boom, the likes of which Wall Street has never seen. Last month, for instance, he concluded a tweet touting the Dow Jones Industrial Average’s historic June rally with the following statement: “Thank you Mr. дальше »
2019-7-22 17:58 | |
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Crypto-friendly Switzerland Outclasses U.S. as Facebook Libra’s Regulator
Switzerland crypto laws have appealed to blockchain enthusiasts for years. Facebook’s head of blockchain, David Marcus, is no exception. He released a statement announcing that he expects the new coin to be governed by Swiss law. дальше »
2019-7-22 10:26 | |
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Crypto-friendly Switzerland Outclasses U.S. as Facebook Libra's Regulator
Switzerland crypto laws have appealed to blockchain enthusiasts for years. Facebook’s head of blockchain, David Marcus, is no exception. He released a statement announcing that he expects the new coin to be governed by Swiss law. дальше »
2019-7-22 10:26 | |
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Libra Is An “Innovative Concept” And Should Not Be Suppressed: Germany’s Central Bank Head
Jens Weidmann, the President of Germany’s Central Bank Bundesbank, stated that global regulators should not suppress Facebook’s Libra project in its early stages. The statement appeared in an email newsletter shared by Mati Greenspan, a senior marketing analyst at eToro. дальше »
2019-7-20 20:40 | |
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UK-based GateHub releases final investigation update; fails to address compensatory concerns
June saw major security breaches on two XRP trading platforms. While Bitrue’s final official statement stated that 100% of the stolen funds would be recovered, the same cannot be same for GateHub. дальше »
2019-7-20 15:00 | |
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‘There’s Bitcoin and Then There’s Shitcoin (Libra)’. Congress Finally Gets It
Congress savaged Facebook’s cryptocurrency Libra during a two-day Congressional hearing this week. But Rep. Warren Davidson (R-Ohio) saved the best, and most brutal, comment for the end: “There’s bitcoin, and then there’s shitcoin. дальше »
2019-7-18 16:17 | |
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Bitcoin and Voluntaryism – Where Libertarian Philosophy Meets Crypto
For the uninitiated, voluntaryism is a philosophy based on consent. In the simplest terms it says: “If it’s not voluntary, it’s not moral. ” This basic statement is often countered with “Yes, but not everyone agrees on that, some people use violence to get what they want. дальше »
2019-7-18 06:30 | |
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Crypto exchange IDEX set to begin transition period for KYC and AML compliance
CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceIDEX, the popular hybrid decentralized exchange, today made an announcement concerning new and existing users, who will now be able to create Know-Your-Customer (KYC) verified accounts from Wednesday, July 24th, 2019. дальше »
2019-7-18 00:32 | |
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Former CFTC Chair Calls For Facebook’s Libra Cryptocurrency To Be Regulated As A Security
Former chairman of the United States’ Commodity Futures Trading Commission (CFTC), Gary Gensler has said that he is of the view that Facebook’s Libra should be considered as a security. Gensler made the statement in his remarks to the U. дальше »
2019-7-18 21:21 | |
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Wrapped Bitcoin (WBTC) is Now Officially Part of the Compound DeFi Protocol
As per an all new statement released by Compound Labs, the firm has just added Wrapped Bitcoin to its list of public investment offerings. In this regard, it should be pointed out that this decision came into effect after the project’s core community of users voted in favor of the move almost unanimously. Additionally, for […] дальше »
2019-7-18 21:11 | |
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More US Cities Seek to ban Facial Recognition Technology
While it seems evident facial recognition technology will become mainstream in the very near future, there will be some bumps along the road. More and more US cities are effectively banning this technology as a statement against mass surveillance. дальше »
2019-7-17 05:00 | |
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Bitcoin Suisse Crypto Startup in Switzerland Bids For Swiss Banking Licence
Crypto finance firm Bitcoin Suisse announced today that it has applied for a banking license. Bitcoin Suisse has applied for a license from the financial supervisor and is also seeking authorization to trade securities. дальше »
2019-7-17 01:34 | |
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Regulators give nod to non-custodial exchanges
A new statement from the SEC and FINRA suggests that non-custodial exchanges may have a headstart when it comes to navigating regulatory issues. дальше »
2019-7-16 15:01 | |
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Bitcoin Rise Shows Market is Comfortable with the U.S Stance on Crypto: Tom Lee
Bitcoin has started to rise once again following a massive dip that threatened to drag price below $9,000. The rise seems to coincide with a statement made by the U. S Treasury Secretary Steven Mnuchin that cryptocurrency especially Libra could be taken advantage of by criminals for illicit activities. дальше »
2019-7-16 03:47 | |
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Here’s What Mnuchin Just Said About Libra & Bitcoin
Steven Mnuchin, the United States Secretary of the Treasury, just concluded an official briefing on crypto regulation and various security issues related to assets like bitcoin and Libra. Echoing the statement released by U. дальше »
2019-7-16 21:41 | |
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Crypto Trader Predicts Nearing Alt Season as Bitcoin Dominance Weakens
An alt season (altcoin season) is something that virtually all crypto traders look forward to. It is a time where all cryptocurrencies other than bitcoin exponentially grow in value. From large caps to small caps, these digital coins can rise anywhere by 2x to 100x. дальше »
2019-7-16 20:10 | |
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US Government Has Already Borrowed Nearly $1 Trillion Barely Halfway Through the Year
The United States government has borrowed $747 billion for this fiscal year according to the latest monthly statement by the Treasury. June brought in $334 billion with $342 billion spent.... The post US Government Has Already Borrowed Nearly $1 Trillion Barely Halfway Through the Year appeared first on Trustnodes. дальше »
2019-7-15 20:12 | |
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JPMorgan, Bundesbank Accept Their Need To ‘Get With The Times’, Welcome The Crypto Revolution
As the time to release their Q2 revenue totals draws nearer with each passing day, established financial institutions like JP Morgan and Wells Fargo are beginning to realize that they can no longer ignore the growing clout of the crypto industry. дальше »
2019-7-13 18:46 | |
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Bitcoin ATMs Undermine EU Anti-Money Laundering Efforts, Says Spanish Police
Spanish law enforcement says Bitcoin ATMs enable criminals to circumvent anti-money laundering (AML) regulations according to a report by Bloomberg. This statement comes following calls from officials in Canada for crypto cash machines to be banned over money-laundering concerns. дальше »
2019-7-13 01:00 | |
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SEC: Broker-Dealers With Custody Must Comply With Customer Protection Rule
The US SEC in a joint statement outlines factors for licensing and simultaneously giving direction on matters custody for broker dealers. The post SEC: Broker-Dealers With Custody Must Comply With Customer Protection Rule appeared first on Ethereum World News. дальше »
2019-7-12 13:00 | |
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China May Adopt a “Hong Kong Style” Cryptocurrency, Instead of Libra, Per Ex-Central Bank Governor
After the release of the whitepaper for Facebook’s Libra cryptocurrency, governments around the world have brought up concerns. Some have already stated that they will not allow Libra to be used within their economy, while others simply want clarity on the regulations already in place. дальше »
2019-7-12 00:41 | |
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RIP Backgammon — Microsoft to shutter its Internet Games service by next year
Pour one out for another gaming legend we’re losing. Microsoft revealed last week it’s no longer supporting its suite of Internet Games that have been a staple of Windows for 19 years. Games Services for Windows XP and ME will end later this month, while the same service for Windows 7 will end next January. дальше »
2019-7-11 23:27 | |
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Will Facebook Store Data of Libra Cryptocurrency Users
Recently, Facebook came under heavy fire for a massive security breach of its network and personal data pilferage of millions of users. However, in a letter to US senators, the social media giant has assured that it will not be collecting and storing data of users of its “cryptocurrency” Libra. дальше »
2019-7-11 05:30 | |
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Amazon’s making a Lord of the Rings MMO set pre-trilogy
Amazon today revealed the long-rumored Lord of the Rings MMO that’s in the works is being developed in collaboration with its internal Amazon Game Studios — meaning we’ll soon get both a new Rings game and that TV show it’s already revealed. дальше »
2019-7-11 03:14 | |
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Banks need to embrace opportunities and support use of blockchain technology, says Rakbank CEO
Peter England, CEO of Rakbank, made news after he stressed that banks around the world need to support firms that are developing blockchain technology. The statement from the CEO came during an interview with a local daily, the Arabian Business. дальше »
2019-7-11 23:30 | |
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Why Bitcoin Miners Are Fleeing China for Iran
Mounting cryptocurrency regulations have some Chinese bitcoin miners fleeing the world's second-largest economy. Their surprise destination? Iran. According to the Managing Director of the Iran Blockchain Association, Mohammed Sharqi, talks have already started between interested parties. дальше »
2019-7-11 20:30 | |
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Nintendo Hightails Some Production Out of China, Debunks Tariff Assertion
Gaming giant Nintendo has announced that it is moving part of the production capacity for its Switch console from China to Vietnam. In a statement quoted by USA TODAY, the company revealed that while the bulk of production will remain in China, starting this summer, some of the consoles will be built in Vietnam as […] The post Nintendo Hightails Some Production Out of China, Debunks Tariff Assertion appeared first on CCN Markets дальше »
2019-7-10 03:15 | |
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Crypto Mom Bemoans 'Regulatory Escape Room' Feel for Crypto
U. S. regulators FINRA and the SEC have put out a joint statement explaining why they have yet to approve applications from crypto exchanges such as Coinbase and Gemini requesting to receive licenses to operate as broker-dealers alongside their custody services. дальше »
2019-7-10 22:45 | |
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Regulators Give Thumbs Up To Non-Custodial Exchanges
Cryptocurrency exchanges are navigating uncharted waters, but new regulatory guidelines could help these businesses reach land. The two leading U. S. regulators, the SEC and Financial Industry Regulatory Authority (FINRA), have released a joint statement on broker-dealer obligations for digital assets, clarifying some of the rules that apply to cryptocurrency exchanges. дальше »
2019-7-10 20:26 | |
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Major Polish Crypto Exchange ‘Loses Liquidity’ to Shut Shop Unexpectedly
Bitmarket, a Polish cryptocurrency exchange which started operating in 2014 has stopped operations without warning, citing ‘loss of liquidity’ as the reason for its shutdown. In a statement posted on its official website, the platform declined to provide any further information, including what is likely to happen to funds trapped in user exchange wallets. дальше »
2019-7-9 15:07 | |
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As Crypto Custodian Approval Endures Delays, SEC and FINRA Issue a Statement to Explain
The Securities and Exchange Commission (SEC) has continually denied crypto-related endeavors to get exchange traded funds and broker-dealers in the crypto industry approved. However, to help the public gain a better understanding, the SEC and the Financial Industry Regulatory Authority (FINRA) have made a joint statement, explaining why there are many concerns that need to […] дальше »
2019-7-9 03:55 | |
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US SEC and FINRA Issue Statement on Crypto Custody Issues
The U.S. SEC and FINRA issued a joint statement on compliance issues for cryptocurrency custodians
дальше »2019-7-9 00:55 | |
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FINRA, SEC Explain Delay In Broker-Dealer License Approval
In a joint statement, the Financial Industry Regulatory Authority and the US Securities and Exchange Commission explained that the delay in many crypto-related firms looking to obtain a broker-dealer license has to do with digital assets and whether or not they fulfill certain Security Investor Protection Act requirements. дальше »
2019-7-9 23:39 | |
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Tron’s Justin Sun Gives Official Statement on Police Incident
Justin Sun and Tron had some strange news out this week regarding their potential entanglement with the Beijing police. However, on further review, it looks like the police are protecting the Tron building. дальше »
2019-7-9 22:05 | |
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