Philippines’ Proposed ICO Rules Presume All Tokens Are Securities
The Philippines is close to introducing new regulations governing how companies can legally raise funds through initial coin offerings.
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Former Celsius CEO Alex Mashinsky Seeks to Quash U.S. FTC Case
Alex Mashinsky, founder and former chief executive office of crypto lender Celsius, sought to have the Federal Trade Commission (FTC) drop its case against him in a Monday court filing.Celsius filed for bankruptcy last year as the crypto winter set in, and Mashinsky was arrested in July following a joint move by the consumer-protection body
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Bitcoin Holds Firm Above $28K, Equities Rise Amid Banking Sector Rebound
BTC, the largest cryptocurrency by market capitalization, was recently trading at about $28,050, roughly flat over the past 24 hours, although a brief midday jump had the BTC/U.S. dollar trading pair reaching as high as $28,605 on crypto exchange Coinbase – its highest point since June, data from TradingView showed.
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Bitcoin Developer’s Proposal to Stop ‘Spam’ NFTs Gets Shut Down
One of the most controversial proposals to hit Bitcoin in years – a move that would have made it harder to mint NFTs and tokens atop the blockchain – has been abruptly terminated without any action being taken, leading to claims of censorship by the lead proponent for the change.The developer known publicly as Luke
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What Indonesia Reveals About Facebook’s Libra Plan
feature Facebook published plans for the Libra cryptocurrency in seven languages, including Indonesia’s Bahasa – a move that offers perhaps the clearest glimpse of what Facebook’s fintech ascent might look like. “Indonesia has the fourth-highest number of Facebook users in the world,” Pang Xue Kai, co-founder of the Indonesian crypto exchange Tokocrypto, told CoinDesk. “If…
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Resisting the Threat of Blockchain Recentralization
news Chelsea Palmer is an open source educator and free agent in the cryptocurrency ecosystem who tweets (too much) at @IMmsGNU. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review. I think most can agree that it’s been a hell of a long year, in crypto and in general. The greatest way…
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Former Bakkt CEO to Help Oversee CFTC in Congress
Jan 8, 2020 at 12:30 UTCUpdated Jan 8, 2020 at 12:35 UTCKelly Loeffler image via CoinDesk archivesThe former chief executive of bitcoin derivatives exchanges Bakkt is to join the committee that oversees the Commodity Futures Trading Commission (CFTC), raising concerns of a possible conflict of interest. The newly appointed senator, Kelly Loeffler (R., Ga.), will…
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Dogecoin Surges More Than 30% After Token’s Symbol Replaces Blue Bird as Twitter Logo
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Stephen Alpher is CoinDesk's co-regional news chief, Americas. He holds BTC above CoinDesk’s disclosure threshold of $1,000.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Dogecoin (DOGE) surged more than 30% in minutes after…
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Funds Were Moving From QuadrigaCX Right Before Its Collapse
news Nearly $1 million worth of ether (ETH) left QuadrigaCX and went to other cryptocurrency exchanges in December, the same month its CEO died, a CoinDesk review of public blockchain data shows. In a series of transactions sent from QuadrigaCX’s hot wallet (meaning one connected to the internet), more than 9,000 ETH moved from the…