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The Securities and Exchange Board of India has sent officials to Japan, the UK, and Switzerland to study cryptocurrency and initial coin offerings from each of the three countries’ financial regulators. The securities watchdog aims to engage with international regulators and gain a deeper understanding of their crypto mechanisms and systems in order to improve … Read more
Mondays are usually an interesting indicator for cryptocurrency prices throughout the rest of the week. The TRON price is still struggling to recover some losses, albeit the recent positive news should help in this process once speculators begin to take notice. When that will happen exactly, remains to be determined. TRON Price Begins Looking Up … Read more
A draft law designed to amend California’s legislation to create legal grounds for the implementation of crypto-related technologies has been passed by the state’s legislature. Assembly Bill 2658 amends the California Civil Code, Government Code, Corporations Code, and Insurance Code to legalize the use of blockchain secured data and smart contracts in local and foreign … Read more
Japan’s financial regulator has reportedly introduced new screening requirements for crypto exchanges seeking approval to operate in the country. The agency now extends its focus beyond the registrants’ financial health and system safety measures. Among additional criteria are the assessment of the companies’ decision-making process and their links to antisocial groups. Also read: 160 Crypto Exchanges Seek … Read more
It would appear the momentum is slowly turning against the cryptocurrency markets as of right now. After multiple days of solid gains, that is not entirely surprising either. Most of the top currencies have already dipped in the red. Further down the list, it seems the TRON Price will continue to struggle for any sort … Read more
The commissioners of a public utility district in central Washington State have unanimously approved a rate hike for cryptocurrency miners. The utility serves over 46,000 customers throughout the county. The cost increase starts at 15 percent beginning next year, 35 percent the following year, and 50 percent thereafter. Also read: 160 Crypto Exchanges Seek to Enter Japanese … Read more
The current momentum across the cryptocurrency markets remains rather positive. Despite the gains noted by Bitcoin and most top currencies, not all markets are performing as one would expect at this time. The EOS price, for example, is going through a brief dip, primarily because the altcoin is losing a lot of value compared to … Read more
The number of jobs and job seekers in the Asian crypto space is growing, according to leading recruiters in the region. Also in The Daily, Colombia may soon become a crypto-friendly nation, California and Russia want to use blockchain tech for insurance and pensions, and Malaysians remain bullish on cryptocurrencies, despite market trends this year. … Read more
A South Korean lawmaker has reportedly proposed designating a regulation-free special cryptocurrency zone aimed at initial coin offerings. It has been about a year since token sales were banned in the country but the government has yet to introduce any guidelines for them. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Proposal … Read more
Mitsubishi UFJ Financial Group, one of the world’s largest financial groups, has been experimenting with using its own cryptocurrency, the Mufg coin, for payments at a convenience store for employees. This week, a local publication reported on the progress of the experiment. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Payments at Convenient Store Mitsubishi … Read more