News

The makers of mobile-based cryptocurrency Electroneum (ETN) announced today that theirs will be the first fully Know Your Customer (KYC) compliant cryptocurrency in the world. Electronuem’s business strategy has served them well in the past, allowing them to tap into a market of millions in underdeveloped countries by going entirely mobile phone based. The company […]

Pointing out the government’s delay in regulating initial coin offerings (ICOs) since a year, South Korean lawmakers called for swift regulatory action in a parliamentary forum on Oct. 2, reported Business Korea. After China put forth a resistive stance with their infamous blanket ban on crypto-assets in September 2017, South Korea followed suit and banned […]

According to a press release on the Poloniex website, the Circle-owned cryptoasset exchange will be removing margin and lending products for US-based customers. These modifications are part of Poloniex’s commitment to comply with regulatory jurisdiction requirements. Poloniex will provide further communication in the coming weeks regarding the final date and stated that the changes will […]

When it comes to Wall Street, most would envisage the crypto securities market as a distant, but a multi-trillion-dollar blip on the horizon. And yet, for all the ruminations of regulators, the Big Apple’s real estate market has taken its another step onto the bandwagon of tokenization. A luxury condo development is set to find […]

Federal Reserve Bank of Boston Vice President Jim Cunha discussed his views on cryptocurrency adoption and limitations at Forbes’ Annual 30 under 30 Summit on Oct. 2, highlighting asset security remains a significant concern for institutions. Asset Security a Concern for Banks While crypto-enthusiasts await widespread adoption, industry observers shed light on the blockchain industry […]

Ric Edelman, a top Wall Street advisor and the chairman of Edelman Financial Services, LLC, said in an interview with CNBC’s Fast Money that every financial advisor and investment firm should consider allocating capital to Bitcoin. In two months, Bitcoin officially becomes 10 years old. Within a relatively short period of time, the valuation of […]

At Ripple’s annual Swell event on Oct. 1, Spanish financial services firm Banco Santander executives shared their experience of using blockchain-powered payment systems powered by the former’s RippleNet product. In April 2018, Santander launched the One Pay FX–building on RippleNet–for commercial usage and enabling mobile cross-border payments. Ed Metzger, the bank’s Head of Innovation, led […]

Ten months ago, Ken Takahashi started a petition on Change.org to make XRP the official crypto of the 2020 Tokyo Olympic games. Today, it has over 5,200 signatures out of a needed 7,500. Hitting milestones Once created, the petition reached 500 signatures with relative speed, and jumped from 500 to 1,000 in less than 72 […]

On Tuesday, Oct. 2, the Wall Street Journal released a report claiming that trading bots, a popular tool for both cryptocurrency and fiat investors, could be at the heart of the crypto market’s infamous volatility. Bots are commonly used, and you can buy them yourself online or create them if you have the know-how. The […]

In an interview with CNBC’s Fast Money on Monday, Commodity Futures Trading Commission (CFTC) Chair J. Christopher Giancarlo discussed cryptocurrencies, saying he thought they were here for the long haul. Could help in countries with weak currencies Giancarlo said during the interview that he thought the countries who could use cryptocurrencies the most were those […]