ICO Regulations Round-Up: Fundraising Law, Jeju Island, Self-Directed IRAs

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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

Bitcoin Price Watch: Currency Briefly Falls Below the $6,000 Mark Before Recovering

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At press time, the father of cryptocurrency is trading for just over $6,000. This is about $200 less than where it stood during yesterday’s afternoon hours. The coin is continuing to fall deeper and deeper into red territory, though this price is an improvement over where it stood during the early morning, when it fell … Read more

Commonwealth Bank of Australia Partners With World Bank to Issue First-Ever Blockchain Bond

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The Commonwealth Bank of Australia (CBA) has been mandated by the World Bank to issue the world’s first bond created, allocated and managed on the blockchain. Once issued, the bond will be managed by the World Bank in Washington and CBA in Sydney over a private Ethereum-based blockchain, with CBA stating that it remains open … Read more

PR: Keynote Launches $6 Million Diversity and Inclusion Fund for the Global Blockchain Industry

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Keynote Launches a new fund to support diversity and inclusion in the development and use of blockchain technology. Keynote​ is thrilled to launch a new $6 million Fund to support diversity and inclusion in the blockchain industry. The fund exists to ensure everyone has the opportunity to play an active role in the development and … Read more

FinCEN Receives More Than 1,500 Crypto-Related Complaints Every Month

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The US Financial Crimes Enforcement Network receives over 1,500 suspicious activity reports (SARs) related to cryptocurrencies, the agency’s director has revealed. The majority of them come from money service businesses (MSBs), stakeholders in the digital currency industry and other financial institutions. The director also noted that the agency has been working with other government agencies … Read more

Venezuela to Have Two Units of Account – Petro and Petro-Pegged Bolivar

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President Maduro’s Venezuela is preparing to effectively adopt next week two official units of account – the nation’s crypto, El Petro, and the new petro-pegged bolivar that will replace the inflated national fiat. New salary and pricing mechanisms will be implemented as well, the country’s leftist leader promised.   Also read: Malta Tops Exchange-Based Crypto … Read more