Leading Financial Services to Create Code of Conduct for CryptoAsset Markets
Ten industry-leading financial services and technology firms launched the Association for Digital Asset Markets (ADAM) to establish a Code of Conduct (“Code”) for emerging digital asset markets. ADAM will be the first broad-based organization of its kind in the United States to proactively seek comprehensive standards for digital asset market participants. ADAM will work with […]
Bank Negara Malaysia First Before Implementing Cryptocurrency
All parties wishing to introduce cryptocurrency in Malaysia must go through Bank Negara Malaysia (BNM) first, said Lim Guan Eng. The Finance Minister said that the government and BNM must be careful with any introduction of cryptocurrencies as such new technologies are still being studied by the financial regulator to ensure the stability of the country’s […]
Abu Dhabi’s Al Hilal Bank Uses Blockchain to Sell Sukuk in Secondary Market
Abu Dhabi’s Al Hilal Bank has executed the world’s first sukuk transaction using blockchain technology, it said on Monday. The Islamic bank used the distributed ledger technology, best known as the underpinning of crypto-currency Bitcoin, to sell and settle in the secondary market a small portion of its $500 million five-year sukuk, issued in September. “Al […]
City Watchdog Steps up its Inquiries Into Crypto Firms
As the price of the controversial “cryptocurrency” Bitcoin plunges, new figures show that the City watchdog is stepping up its investigations into the murky sector. The number of inquiries into businesses involved in the new breed of digital currencies has doubled, according to figures from the Financial Conduct Authority (FCA) obtained by Telegraph Money. In response […]
Napston Launches 100% Automated Cryptocurrency Trading Platform based on Proprietary Distributed Artificial Neural Networks Technology
Cryptocurrency trading is all set to become safe and profitable like never before, with the recent launch of a fully automated crypto trading platform by Napston. This groundbreaking trading platform is based on a proprietary technology called Distributed Artificial Neural Networks that has been programmed to accurately predict the market by utilizing the processing power […]
Calvin Ayre: Original Bitcoin Will Live on as Bitcoin SV
Entrepreneur and Bitcoin Cash SV supporter Calvin Ayre: Any time you feel forced to square off to defend yourself or something you value you always need to have an end game plan. For CoinGeek that end game was always making sure there was a version of the original Bitcoin still able to show off its […]
VNX Exchange Unveils Security Partnership with Luxembourg University
Luxembourg-based VNX Exchange has announced a partnership with the University of Luxembourg in a bid to improve the security of digital assets. VNX Exchange claims to be developing the world’s first secondary market for venture capital (VC) investments – using blockchain technology. “In creating a secure and regulatory compliant marketplace for the transparent trading of […]
Bitcoin Will Fall 30% Before Bottoming at $3,000
Bitcoin shares could bleed another 30 percent before they bottom, cryptocurrency trader Michael Moro told CNBC on Friday. “You really won’t find [the floor] until you kind of hit the 3K-flat level,” the Genesis Trading & Genesis Capital Trading chief said on “Squawk on the Street.” “It’s really difficult. There are small levels of resistance,” […]
Coinbase Loses Chief Policy Officer Michael Lempres
Coinbase Inc., one of the largest U.S. crypto exchanges, is losing its policy head at a time when communication between Washington and the digital money sector may never be more important. Michael Lempres, who was named the firm’s policy officer in September after serving more than a year as its legal chief, is leaving to […]
Crypto Venture Capitalist: View Bitcoin as a Survivor Like Amazon After the 1990s Dot-com Bubble
Investing in bitcoin is not for the faint of heart, but over any given two-year period holders of the world’s biggest cryptocurrency have been rewarded, CryptoOracle partner Lou Kerner told CNBC on Wednesday. Kerner, whose venture capital firm supports what it calls the “decentralized digital economy, ” has a much longer investment horizon. For example, […]
MenaPay – The Stablecoin for Daily Payments
Stablecoins can be defined as cryptocurrencies that are pegged to real-world assets such as fiat currencies, gold or oil. As it’s pegged, the value of the stablecoin keeps stable unlike the volatility experienced in major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH). Importance of Stablecoins With volatility being experienced in cryptocurrencies, stablecoins are much […]
SWIFT India and MonetaGo Partner to Benefit Indian Banks
SWIFT India, a leading provider of secure financial messaging services for the Indian financial community and MonetaGo, a leading provider of financial technology, announced today a partnership and pilot program aimed at benefitting all Indian Banks. Based on MonetaGo’s financial services network technology integrated through standardized SWIFT financial messages, the banks will use a shared […]
Israeli Investment House Offers Crypto Funds for Institutions
Silver Castle Ltd., Israel’s first dedicated cryptocurrency investment firm for institutional and accredited investors, launched two funds this month and expects to have $50 million under management by the end of the year. The launch comes after a bad year for Bitcoin, which has fallen more than 70 percent from a record high last December. […]
Canada: Cryptocurrencies Need Regulation to Prevent Money Laundering
Canadian House finance committee wants the government to dramatically change the way it regulates cryptocurrencies to prevent their use in money laundering. A cryptocurrency like Bitcoin is a form of electronic cash that’s become increasingly popular for making secure online transactions. Cryptocurrencies are attractive to money launderers because they’re generally anonymous and difficult to trace. […]
Chelan PUD Unveils New Proposed Cryptocurrency Rate Structure
The Chelan County PUD recently unveiled their proposed rate structure for cryptocurrency activities, and local miners are crying foul. At the heart of the issue is the increased variable and fixed costs crypto-mining activities bring. Customer Utilities Rate Adviser Lindsey Mohns explained the new proposed rate structure. “This rate structure is built the same way […]
The Acting Attorney General Helped an Alleged Scam Company Hawk Bizarre Products
In November 2014, a Miami Beach-based firm, World Patent Marketing, announced the “marketing launch” of a “MASCULINE TOILET,” which boasted a specially designed bowl to help “well-endowed men” avoid unwanted contact with porcelain or water. “The average male genitalia is between 5″ and 6″,” the firm’s press release said. “However, this invention is designed for […]
Film and TV Services Company Fintage House to Accept Cryptocurrency for Rights Transactions
Film and TV rights and financial services company Fintage House has signed a deal with social entertainment platform TaTaTu, which recently unveiled a partnership with Johnny Depp, to accept the platform’s cryptocurrency, TTU Tokens, for film and television rights transactions. TTU Tokens are available exclusively through TaTaTu, and trade on cryptocurrency exchanges HitBTC, ABCC, and […]
Cryptocurrency and China Influence Test Pacific Island’s Presidency
Marshall Islands President Hilda Heine narrowly survived a vote of no confidence Monday after a political struggle over cryptocurrency and an alleged Chinese plan to seize control of an atoll. The 67-year-old sole Pacific female head of state survived the vote as parliament was split 16-16 and her opponents fell short of the 17 they […]
