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Cryptocurrencies have proven to be an interesting topic of conversation in Australia. It is a largely regulated market, even though accessing this new form of money is still pretty difficult these days. Every Capital is the country’s first retail crypto asset hedge fund, and it’s making cryptocurrency investment a lot easier. The Purpose of Every … Read more
There is never a shortage of drama or excitement surrounding the Verge cryptocurrency. Despite having made a lot of positive headlines over the past few weeks, Verge continues to stumble. Unfortunately, it is the second time an exploit associated with this project has been discovered. So far, over $1.7 million worth of XVG has been stolen, although the … Read more
Most cryptocurrency enthusiasts have shown an interest in this form of money because of its global appeal. It is the only form of money which can reliably be sent across the world without having to deal with currency conversions or country borders. Argentina’s Banco Masventas has acknowledged this, as the institution now relies on Bitcoin to settle cross-border transactions. Bitcoin … Read more
Initial coin offering projects are of great interest to regulators and other watchdogs these days. This is mainly because a fair few of these projects violated securities laws and expected to get away with it. In the case of ShipChain, the project was hit with a cease and desist letter this week for violating South Carolina’s … Read more
Cryptocurrency regulation has always been a rather controversial topic. It is, by default, nearly impossible to effectively regulate an industry which is decentralized and has no central entity. Even so, officials in Thailand are looking to make inroads in this area. They will meet with blockchain and cryptocurrency experts this week to discuss future laws … Read more
As was to be expected from yesterday’s bearish momentum, the Bitcoin Cash price has effectively dropped below $1,000. That in itself is not really surprising, given the ongoing declines in the Bitcoin world. Even so, it remains to be seen how long this dip will last. eToro UK Managing Director Iqbal Gandham certainly has some … Read more
People looking for any positive momentum in the cryptocurrency industry may not be all that pleased with how things are going right now. Everything is in the deep red, with some currencies noting rather spectacular losses. The biggest concern is the Bitcoin price, which has effectively dropped below $7,500 for the first time in five … Read more
Russian State Duma has approved its first reading of the long-awaited legislation package regulating crypto-related matters and activities. The legal texts, voted almost unanimously, will open the way for legalization of cryptocurrencies in the Russian Federation, including their exchange and circulation under certain conditions. Deputies now have about two weeks to propose amendments before they … Read more
The chairman of the United States Securities and Exchange Commission (SEC), Jay Clayton, has issued a statement “applaud[ing]” the efforts of authorities associated with the North American Securities Administrators Association (NASAA) in executing the current “enforcement sweep targeting fraudulent ICOs and crypto-asset investment products.” Also Read: 70+ Investigations: 40 Regulators Crack Down on Suspicious Crypto Schemes … Read more
It seems not all countries have given up on the idea of creating their own national cryptocurrencies. For Switzerland, the current plan of action involves looking into a state-backed “e-franc”. The Swiss government may commission a report on the risks and opportunities associated with launching such a cryptocurrency in the future. The Swiss E-Franc Plan Over the … Read more