The Daily: EU Budgets €1M to Monitor Crypto, Wyoming Mulls Fintech Bank

The European securities and markets watchdog ESMA has dedicated over 1 million euros to finance the monitoring of developments in the crypto sector. Also in The Daily this Saturday, Wyoming legislators are working on a bill that would facilitate the provision of banking services to crypto and blockchain companies, and according to a new survey, … Read more

South Korean Regulators Discuss Proposals for ICO Legislation

Korean lawmakers are increasingly pushing for the regulation of initial coin offerings (ICOs) with multiple bills currently pending at the National Assembly. This includes a proposed amendment to the Electronic Financial Transactions Act. Meanwhile, the Korean Blockchain Association has also come up with its own set of guidelines for crypto exchanges and ICOs. Also read: 160 … Read more

EU Based Extauri Joins NASDAQ, Bakkt in Race to Compliant Exchange

The next benchmark in cryptocurrency adoption will likely take place through the acceptance of compliant securities exchanges that offers crypto trading and investment alongside traditional securities. November marks a major month towards this regard as leading initiatives have set November deadlines for their primary products. Many prominent analysts and speculators suggest that the development of … Read more

Indian Bitbns Exchange Accused of Faking XRP and BTC Trading Volume

There have always been serious concerns as to whether or not cryptocurrency exchanges fake their volume. New research alleges BitBNS – a trading platform in India – has faked a fair amount of volume, and continues to do so on a regular basis. BitBNS Faces Serious Allegations When dealing with cryptocurrency exchanges, one always has … Read more

Fornite Players Becomes the Latest Victims of Bitcoin Stealing Malware

Criminals have shown a keen interest in cryptocurrency over the past few years. Tackling this industry is done through many different ventures, all of which tend to be quite prominent in their own way. The distribution of malware now takes another turn for the worse, as Fortnite players have been targeted by Bitcoin wallet-stealing software. … Read more

Nordic Region’s Largest Bank Nordea Suspected of Money Laundering

The largest bank in the Nordic region, Nordea, is reportedly suspected of being part of a major international money laundering scandal. The scheme allegedly involved a Russian client and took place over multiple years at an international branch of the bank that is now closed. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator … Read more

Abra’s new Token Makes Diverisified Crypto Investing a Breeze

In the cryptocurrency world, there is no shortage of coins and new currencies. Abra, the popular cryptocurrency wallet provider, is issuing its own token. Unlike what other service providers have done, Abra is linking this token to the Bitwise 10 Crypto index. The new Abra Token Explained It is rather uncommon to see new cryptocurrency … Read more

Four Court Cases Confirm Cryptocurrencies Are Commodities in the US

Cryptocurrencies are commodities, according to four court cases involving the U.S. Commodity Futures Trading Commission (CFTC). A federal judge recently ruled that a token is a commodity, certifying the CFTC’s authority to prosecute fraud and manipulation in the crypto space. In her ruling, the judge cited three other crypto-related cases that arrive at the same … Read more

Nestle’s Chief Digital Officer on Why Companies Should Embrace Blockchain

It’s a rare morning these days waking up to green markets. But while interest in cryptocurrencies may be dwindling, blockchain companies are still pressing forward to deliver on their promises. Whether they can or will is another matter. However, Samuel Baroukh Chief Digital Officer of FMCG giant Nestlé France remains bullish on blockchain and believes it … Read more

Crypto Exchanges Today: Poloniex Delists Three Assets, Gemini Secures Insurance From Aon

Poloniex has announced that it will delist three assets in a bid to continuously improve and professionalize its platform. The three assets, AMP, GNO and EXP will be delisted on October 10 and users who hold these assets have until October 9 to withdraw their balances. Poloniex also announced that it will remove margin trading … Read more

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