BOJ ex-board member says another rate hike unlikely this year

CoinLinked, the social network platform launched by Wall St. veteran Jenny Q Ta, hopes to raise $5 million in a regulated security token offering. 1195 Total views 16 Total shares Blockchain-based social network and commerce platform CoinLinked plans to raise $5 million in a regulated security token offering (STO). The California tech company will allow…

Last week, Brazilian authorities took regulatory action against crypto-related businesses and several alleged cryptocurrency scams. Earlier this month, legal requirements for crypto-related business tightened in the country, when Brazil’s tax authority, the Department of Federal Revenue (RFB), introduced strict reporting requirements for crypto transactions. Police search Grupo Bitcoin Banco with alleged excessive forceThe Military Police of…

Bitcoin (BTC) has been facing stiff resistance near the $60,000 level for the past few days. This suggests that market participants are cautious at these levels and a positive trigger may be needed to drive the price higher and start the next leg of the uptrend.One of the developments that could be bullish for Bitcoin…

A new study by blockchain research firm Chainalysis shows that Bitcoin (BTC) whales are not responsible for price volatility. The study examined the 32 largest BTC wallets, which reportedly represent 1 million BTC, or around $6.3 billion.BTC whales are individuals or entities that own large amount of the cryptocurrency and are said to exert influence…

Proposed rules would make "bank involvement in the cryptoasset market cost-prohibitive from a capital perspective," industry associations have told regulators. 493 Total views 10 Total shares Nine banking industry associations have submitted a letter to the Basel Committee on Banking Supervision (BCBS) in response to its proposal to introduce stringent capital requirements for banks looking…

"We’re not trying to grow really significantly, but resources to grow at least six percent to grow our enforcement arm in this space," said Gary Gensler. 129 Total views 1 Total shares Gary Gensler, chair of the United States Securities and Exchange Commission, or SEC, has cited concerns about cryptocurrency enforcement in its budget request…

Publicly traded crypto firms have notched triple-digit percentage returns this year and closed up in green on Dec. 4, as Bitcoin (BTC) reached a new year-high of over $42,000. Crypto exchange Coinbase (COIN) closed the day at just over $141 with a 5.5% gain, up 320% from its price at the start of the year, per Google