Moody’s assigns ‘A-bf’ rating for OpenEden’s tokenized fund

The national regulator urges the industry players to comply with the local legislation. 48 Total views 3 Total shares The government of Uzbekistan, which has previously made significant steps toward a moderate approach to crypto, announced Wednesday that it has restricted access to a number of large international crypto exchanges due to accusations of unlicensed…

Bitcoin pulls a fresh surprise out of the hat just as opinions were beginning to flip bearish below $60,000. 4127 Total views 15 Total shares Bitcoin (BTC) delivered another classic surge during Oct. 28 as bulls enjoyed a $1,700 hourly candle.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin suddenly abandons the bearsData from Cointelegraph Markets Pro…

Major NGO the Russian Authors' Society (RAO) will launch a blockchain-based financial platform for intellectual property-secured loans, according to Russian news outlet TASS Nov. 16.RAO’s CEO Alexander Sukhotin revealed that the project, dubbed CoFi, is at its final stages of development and is set to be launched in the first quarter of 2019. The platform…

Global settlement firm OKLink, a sister company of major cryptocurrency exchange OKEx, will launch its stablecoin today, June 3, an OKEx representative told Cointelegraph.In an email sent to Cointelegraph, the OKEx rep specified that the stablecoin — dubbed USDK — will be launched today in partnership with United States-based custodian Prime Trust.On June 2, OKLink…

Jay Ricky Villarante, the CEO of Moneybees, said that the decision to ban Binance reflects the importance of regulatory compliance and oversight in the industry.

Distributed naming system Ethereum Name Service (ENS) has announced the launch of multicoin support as 15 cryptocurrency wallets already plan to utilize the new feature.According to an official Medium post published on Oct. 17, this will allow crypto enthusiasts to use one ENS name for all of their crypto wallets.Ongoing implementationIt is noted that ENS’s…

Decentralized finance (DeFi), one of the fastest growing ecosystems in the cryptocurrency market, has long been a dilemma for regulators, given the decentralized nature of the space. In 2022, United States regulators paid special focus to the nascent area with significant attention to ending the anonymous nature of the ecosystem.DeFi protocols allow users to trade, borrow…

Blockchain is misunderstood and focus should shift to bitcoin (BTC), the CEO of crypto microinvestment startup Amber wrote in an article for SmartCompany on June 25.In the article, Aleksandar Svetski argued that many corporations are embracing blockchain to look “hip,” even though the technology doesn’t deliver on the supposed promise of eliminating middlemen while providing security and immutability.He dismissed…

China’s answer to Facebook’s Libra digital currency could help the central bank attract business away from Alipay and WeChat Pay.Speaking to mainstream media outlet the South China Morning Post (SCMP) on Aug. 19, Cindy Wang, an analyst at DBS Group Research, said Beijing could profit from the appeal of its state-issued digital currency to merchants.Bringing…