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Recognizing that businesses are seeking alternative ways to raise capital other than bank lending, the Bank of Lithuania has issued new guidelines on security token offerings. The goal is to clarify applicable rules without introducing more regulations. Also read: Mario Draghi Leaves European Central Bank Without Ever Raising Interest Rates Guidelines Aiming to Avoid More … Read more
As crypto winter subsides, spring has sprung in the cryptosphere, ushering in green shoots of growth across the board. Attention has largely focused on the increase in digital asset prices, as cryptocurrencies have swelled by an average of 40% in 2019. But away from the frothy market action, there is far more tangible evidence that … Read more
According to the founder of Airdrop Venezuela, the charity that aims to donate US$1 million worth of cryptocurrencies to Venezuelans, the nonprofit has registered 60,000 beneficiaries and raised $292,000 in donations so far. Moreover, bitcoin cash (BCH) has led the pack as far as the most donations are concerned with roughly 670 BCH ($194,900) gifted … Read more
On Monday, Oct. 8, Jonald Fyookball, the lead developer of the bitcoin cash-centric light wallet Electron Cash, revealed he has developed a crowdfunding module for the Electron Cash wallet. The feature allows anyone to raise funds from within the Electron Cash wallet through a process that uses the Bitcoin protocol’s Sighash flag. Also Read: Rapper Soulja … Read more
Wallet solution Mycrypto has raised $4 million to build a platform allowing users to create new wallets, the full details of which are in this edition of The Daily. Also, the wallet advertised by software guru John McAfee, Bitfi, is removing the ‘unhackable’ claim from its branding, an Islamic crypto exchange applies for a license … Read more
In recent regulatory news, Chinese authorities have issued a warning seeking to encourage citizens to be skeptical regarding the promotional claims of illegal fundraising schemes operating with cryptocurrencies, Singapore Exchange and the Monetary Authority of Singapore have partnered with Anquan, Deloitte, and Nasdaq to settle tokenized securities using distributed ledger technology, and Hungary’s finance ministry … Read more
In recent news pertaining to initial coin offerings (ICO) regulations, an EU report has advocated the regulation of ICOs according to crowdfunding legislation, the governor of Korea’s Jeju Island wants his jurisdiction to become a special economic zone regarding cryptocurrencies and blockchain, and the U.S. SEC has warned consumers regarding the risks of self-directed Individual … Read more
The ICO economy succumbed to a dramatic decline in Q2 of this year. Such was the extent of the slump that its pushed the average ROI for ICOs into the red for the first time since records began. New figures released this week show the severity of the great ICO slowdown. Also read: Decentralized Apps Might … Read more
The US remains a leading destination for ICO projects according to a new study that also ranks Switzerland and Singapore in the top three. The report notes that authorities in other jurisdictions, like Russia and Estonia, are working to adopt favorable regulations in order to attract more crypto startups. The findings coincide with another study … Read more
During the second week of May, news.Bitcoin.com reported on the Akari Global Foundation, a group that aims to bolster bitcoin cash (BCH) adoption through its services. The organization launched Akari-Pay, a one file BCH payment and donate page for BCH merchants and non-profits. This week Akari has launched a free bitcoin cash powered pages builder … Read more
