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Category: initial coin offerings (ICOs)
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South Korean Governor Becomes the First Politician to Disclose Publicly His Cryptocurrency Holdings in the Country
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Defi Boom Fueling ETH Gas Fees, Threatens Viability of Smart Contracts
Growing Ethereum network transaction fees, which touched new highs recently, are a direct consequence of the increasing number of defi projects and yield farming. Yield farmers need to pay ETH for transactions like moving funds in and out of pools. The increased number of yield farmers leads to more transactions and slower confirmations making higher […]
The post Defi Boom Fueling ETH Gas Fees, Threatens Viability of Smart Contracts appeared first on Bitcoin News.
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Zuckbucks or Bust: How SEC Rulemaking Hurts Startup Cryptos and Favors Big Tech
SEC guidance has created a more attractive environment for regulated tech firms like Facebook to offer proprietary cryptoassets integrated into their existing products that can be legally traded on existing crypto-exchanges as non-securities. Meanwhile, the SEC has targeted startup cryptos for increased scrutiny. Also Read: SEC Commissioner Says Time Is Right for Bitcoin ETFs — […]
The post Zuckbucks or Bust: How SEC Rulemaking Hurts Startup Cryptos and Favors Big Tech appeared first on Bitcoin News.
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England: Unauthorized Crypto Futures and ICOs are Criminal Offences
In a statement released 6 April 2018, the Financial Conduct Authority (FCA) of England attempted to clarify its jurisdiction in the ever-booming cryptocurrency industry. While acknowledging cryptos are “not currently” regulated by the bureau, crypto futures, contracts for difference (CFDs), options, and initial coin offerings (ICOs) do indeed fall under their purview. Furthermore, crypto firms […]
The post England: Unauthorized Crypto Futures and ICOs are Criminal Offences appeared first on Bitcoin News.
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