Binance to launch its own blockchain soon

Binance CEO, Changpeng Zhao recently revealed that the cryptocurrency exchange will launch its own public blockchain in "a couple of months or so".Zhao made the announcement during the Forbes Asia Forum: Decrypting Blockchain and it seems like the company's public blockchain is called...

Japan reveals plans to regulate Initial Coin Offerings

Japan's top financial regulator, the Financial Services Agency (FSA) is hard at work trying to figure out how to best regulate initial coin offerings. Besides registration requirements, the agency is apparently considering to revise two existing lows which can also be employed for token sales.

G20 countries commit to regulating cryptocurrencies according to FATF standards

All G20 countries have signed a joint declaration in Buenos Aires in which they promise to adhere to the Financial Action Task Force (FATF) standards for regulating and combating the use of cryptocurrencies for financing terrorism and money laundering.According to a Saudi Gazette...

Floyd Mayweather and DJ Khaled fined by SEC for ICO promotions

Last year during the crypto bull market, professional boxer Floyd Mayweather Jr. and music producer Khaled Khaled were getting paid to promote Initial Coin Offerings (ICOs) for new digital tokens.Yesterday, the U.S. Securities and Exchange Commission (SEC) has announced both celebrities have to return all the money they made...

Coinbase Pro crypto exchange lists privacy coin Zcash

Coinbase is working hard to add new cryptocurrencies to its platform and this year the company has been extremely focused on complying with regulations for this purpose.As CoinElitist reported earlier, at the start of the month, Coinbase Pro listed the Basic Attention Token (BAT) and earlier 0x token became...

Asus allows gamers to mine crypto with their idle GPUs

Asus, the Taiwan-based tech giant now provides gamers with the option to mine crypto using their graphics cards.According to the official press release published Thursday, Nov. 29, the company is collaborating with mining app provider Quantumcloud to offer gamers an app that will allow their graphics cards to mine...

South Korean government to test blockchain-based e-voting system

According to a ZDNet report, the South Korean government plans to test blockchain technology for an electronic voting system.The test is developed by the Ministry of Science and ICT in collaboration with the National Election Commission (NEC). The trial will be conducted by the Korea Internet and Security Agency...

Nasdaq and VanEck partner to launch ‘Crypto 2.0’ futures contracts

Investment management company VanEck has started a collaboration with Nasdaq, the second largest stock exchange in the world to develop a "regulated crypto 2.0 futures-type contract".The partnership was officially announced during the CoinDesk Consensus: Invest conference. VanEck's director of digital asset strategy Gabor Gurbacs declared that the first of...

Coindesk silently launches OTC crypto trading desk

Coinbase, the well-known U.S.-based cryptocurrency exchange opened its over-the-counter (OTC) crypto trading desk for its Prime clients earlier this month.In an interview with news outlet Cheddar, Christine Sandler, head of sales at Coinbase, declared that the company opened its OTC desk as an addition to its exchange business because...

Ledger hardware wallet opens New York office to develop institutional custody offering

Ledger, the cryptocurrency hardware wallet manufacturer officially announced it will open a New York office part of the development of the Ledger Vault institutional custody offering.Pre-access for Ledger Vault went live in May and Demetrios Skalkotos, former executive at Intercontinental Exchange (ICE) has been recruited to lead the project's...

New crypto exchange to be launched by former Huobi and NYSE executive

The former CTO of the Huobi digital asset trading platform is preparing to launch his own crypto trading platform before 2018 ends.The former CTO of Singapore based Huobi is about to launch his own crypto trading platform before the end of the year.According to Businesswire, BHEX which is scheduled to launch...

Ohio first state to accept Bitcoin for business tax payments

Ohio plans to become the first U.S. state and also among the first governments in the world to accept cryptocurrency. The state will accept Bitcoin payments for 23 types of business taxes starting November 26.The Ohio State plans to offer Bitcoin as a means to paying state taxes via the...

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