Mango Markets DAO mulls offering settlement with SEC

The seamless flow of capital between borrowers and lenders is a key aspect of a vibrant economy. Anyone with an extra asset can lend it to put their idle capital to work, while people needing it to grow business or meet operational costs can easily access it.Money markets are the platforms where borrowers and lenders…

Santander Brasil is also reportedly planning to launch crypto trading services to its customers, CEO Mario Leao announced in July. 248 Total views 3 Total shares Major global bank Santander continues exploring the benefits of blockchain technology, with a local branch implementing blockchain for vehicle trading and car registration.Santander Brasil has launched testing of a…

Singapore authorities have charged two men for promoting cryptocurrency multi-level marketing (MLM) scheme OneCoin in the first case of its kind for the city state, local daily news outlet Business Times reported on April 10.The two men, who were not named, reportedly engaged in activities involving incorporating a subsidiary to promote OneCoin, as well as…

The cryptocurrency exchange has until Wednesday to comply with the Financial Conduct Authority. Binance, one of the world’s largest cryptocurrency exchanges, has been ordered to cease all regulated activities in the United Kingdom following a review of its operations by the nation’s Financial Conduct Authority, or FCA. “Binance Markets Limited is not permitted to undertake any…

The Russian State Duma will consider a new bill on cryptocurrency taxation on Feb. 17. 4774 Total views 13 Total shares Russian lawmakers are actively preparing new legislation for taxing cryptocurrencies like Bitcoin (BTC).According to an official announcement by the Russian State Duma, the Duma’s Committee on State Building and Legislation has approved a bill…

U.S. CFTC launches its first science contest to find new technological tools to find unregistered derivatives offerings from foreign entities, including Bitcoin futures. A major United States financial regulator is holding its first science contest, asking devs for new tools to track foreign derivatives offerings that may be soliciting U.S. investors without proper registration.Project Streetlamp…

The crypto industry has boomed over the past 12 months. While 2019 began with a total market cap of $200 billion, the explosion in Bitcoin’s value resulted in this figure surging fivefold as 2020 began — and according to CoinMarketCap, the digital assets space was collectively worth $1 trillion at one point.However, as the crypto…

The State of New Jersey alleges that a blockchain-based online rental marketplace sold over $400,000 of unregistered securities.A complaint filed on July 17 accuses Pocketinns, Inc. and its president Sarvajnya G. Mada of offering and selling around $410,000 of unregistered securities in the form of a cryptocurrency dubbed “PINNS Tokens.” The tokens were sold through…

China's growing interest in blockchain technology spreads to publicly traded companies. A report published by Securities Daily explained how China's publicly-listed companies spend the millions they have allocated toward blockchain R&D. The study surveyed 23 companies in China who began working with blockchain back in 2016. Figures suggest that companies allocate an average 20% of their annual…