SEC expands Binance lawsuit: AXS, FIL, ATOM now securities
The SEC’s latest lawsuit update targets additional tokens like Axie Infinity, Filecoin and Cosmos as unregistered securities, continuing its crackdown on the crypto industry.
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European crypto regulatory framework goes to three-way consideration without PoW ban
The EU parliament didn’t use its option to block the current version of MiCA that does not contain the hostile clause. 40 Total views 28 Total shares The much-dreaded prospect of a ban on cryptocurrencies that use proof-of-work (PoW) consensus is making its way into a key European digital asset directive appears to have blown…
Bitfinex partnership pushes crypto adoption in Latin America
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Novogratz Launches Two New Bitcoin Funds Targeting ‘Wealth of America’
Michael Novogratz’s crypto merchant bank Galaxy Digital is launching two Bitcoin (BTC) funds, targeting people between the ages of 50 and 80. The new funds aim to bring “the wealth of America,” or people who may have largely remained out of crypto investing, to cryptocurrency markets, Novogratz told Bloomberg Nov. 19.According to Bloomberg, the funds…
Crypto Regulation Is Coming To Europe: Are Exchanges Ready for New Rules?
The deadline is rapidly approaching. 5AMLD — the Fifth Anti-Money Laundering Directive — is a piece of legislation that brings fiat-to-crypto exchanges and custodial wallets across the European Union under a new first-of-its-kind regulatory framework. Exchanges must achieve compliance with the rules by January 10, 2020. Time is ticking away, causing some exchanges to scramble, while…
Lawmakers should check the SEC’s wartime consigliere with legislation
When Michael Corleone ordered hits on rival bosses in The Godfather, he had Don Cuneo locked inside a revolving door and shot. Getting whacked while trapped behind a barred door appears to be the treatment United States Securities and Exchange Commission Chair Gary Gensler has in mind for U.S. crypto projects based on recent SEC…
Fractal: 110K join Discord of Twitch founder’s new NFT gaming marketplace
After launching the Fractal NFT gaming marketplace, Twitch co-founder Justin Kan labeled NFTs as the "future of gaming." 275 Total views 6 Total shares Twitch co-founder Justin Kan launched a new blockchain gaming-focused NFT marketplace yesterday dubbed Fractal.Fractal’s Discord group has since amassed more than 111,000 members, despite only being announced two weeks ago. At…
Bitcoin Price Hits $9,800 as Major Cryptocurrencies Trade Sideways
Sunday, Sept. 30 — Markets are trading sideways today, with gains and losses among the top five cryptocurrencies not exceeding 4%.Market visualization. Source: Coin360The Bitcoin (BTC) price has spiked slightly after trading close to $9,600 for most of the day. At press time the coin is trading at $9,799, up 1.72% on the day.Bitcoin 24-hour…
US Financial Giant PNC to Use Ripple Technology for International Payments
PNC, which is ranked among the top ten U.S. banks, will use RippleNet to process international payments for its customers, Ripple announced Wednesday, September 19.As Reuters reports, a particular PNC unit — Treasury Management — will use Ripple’s blockchain solution xCurrent to speed up overseas transactions held by U.S. commercial clients.Ripple emphasises that xCurrent will…