Let’s Not Make a New ICO Bubble Out of DeFi, Says Waves CEO
Waves founder Sasha Ivanov warns that decentralized finance’s surge might have negative consequences. Go to Source Powered by WPeMatico
Month: June 2020
Vietnamese Official Urges Public to Avoid Funding Campaigns for Crypto Business
A senior Vietnamese police official said cryptocurrency fundraisers are illegal in the country and people should not invest in them. Go to Source Powered by WPeMatico
China’s CBDC Adoption Plan Puts Domestic Monetary Control at Forefront
China’s planned CBDC rollout is expected to see the digital yuan dovetailing with the country’s electronic payment systems. Go to Source Powered by WPeMatico
Alleged Unlicensed Bitcoin Dealer Becomes First Singaporean Charged Under New Law
A 23-year old Singaporean accused of unlicensed Bitcoin dealing is set to become the first person to be charged under the city-state’s Payment Services Act. Go to Source Powered by WPeMatico
PayPal Bitcoin Rumor Boosts $12K BTC Price Rally Chances
Sudden suggestions that Bitcoin support is coming to PayPal and Venmo is causing traders to reassess the likelihood of a BTC price bull run. Go to Source Powered by WPeMatico
SBI Ripple Asia CEO Expects Greater ODL Expansion into Asia by 2021
According to CEO Adam Traidman, SBI Ripple Asia is conducting trial and pilot projects in Asia for Ripple’s On-Demand Liquidity. Go to Source Powered by WPeMatico
Sparrow Raises USD 3.5 Mil in Series a Funding
23 June 2020, Singapore – Sparrow, the leading options trading platform has secured USD 3.5 million in Series A funding to accelerate platform development. The round was led by the HDR Group, owner and operator of BitMEX, and supported by Signum Capital, Du Capital and FinLab EOS VC. Kenneth Yeo, CEO of Sparrow said, “We … Read more
Italian Banking Association Ready to Accept Digital Euro
The Italian Banking Association announced it would be ready to start work on a European central bank digital currency. Go to Source Powered by WPeMatico
Japanese Financial Watchdog Frowns on Gambling Dapps
New research from Xangle suggests Japan’s Financial Services Agency is more likely to approve crypto projects not involved in casino Dapps. Go to Source Powered by WPeMatico
One Step Forward and One Step Back: Why Is Russia’s Crypto Regulation Treading Water?
Some Russian regulators propose a blanket ban on digital asset trading, but the country is too far along the path of crypto adoption. Go to Source Powered by WPeMatico