SEC ‘regrets any confusion’ from dubbing tokens as securities: filing

While China has waged war on domestic cryptocurrency trading activities since 2017, this year saw it tighten the screws as hype around crypto’s underlying blockchain technology renewed interest in digital assets. Below is a summary of China’s difficult relationship with crypto and how it has evolved in 2019.China does not like crypto tradingAs Cointelegraph reported…

It is already illegal to mine crypto within the de facto state. Abkhazia, a de facto state in the South Caucasus, continues to face an energy crisis. The head of the region’s national energy provider recently blamed increased crypto mining activity for the problems.According to Jam News, the government’s year-old ban on crypto mining has…

A district court in Shanghai ruled for Bitcoin owner’s right to compensation in case involving unpaid loan and decided on Bitcoin legal status in the process. 399 Total views 13 Total shares The Shanghai High People’s Court has issued a document in which it states that Bitcoin is subject to property rights laws and regulations.…

Bitcoin (BTC) took an unexpected dive today, plunging $600 in a matter of minutes. The plunge saw 15 of the 20 largest crypto assets by market cap down 5% or more on this time yesterday.Crypto Market 1-Day Price Chart. Source: Coin360The price drop began around 21:45 UTC when Bitcoin lost $800 in an hour.  More…

More than 20 of the crypto market’s biggest traders gathered in January for talks on making digital assets and tokens part of the global financial architecture, according to a Bloomberg report published on April 25.The meeting was reportedly arranged by Standard Chartered executive Hoe Lon Leng — and representatives from Galaxy Digital, Coinbase and Binance…

Tech giant Oracle and the World Bee Project are developing a blockchain-based sustainability assurance system for honey on the supply chain, according to a report by Ledger Insights on July 5.The honey-tracing blockchain will reportedly be developed on the Oracle Blockchain Platform. According to the report, this partnership aims to launch a “BeeMark” label, which…

Chainlink quietly unveils a grant program with the stated goal of making smart contracts “the dominant form of digital agreement”. Chainlink (LINK) introduced a new community grant program focused on making smart contracts “the dominant form of digital agreement”.Chainlink’s positive feedback loops. Source: Chainlink.Dominating digital agreementsThe grants will be awarded to projects that are “accelerating…

Bitcoin (BTC) tested traders' neves yet again on March 16 as a fresh spike over $40,000 ended in minutes.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewShorts feel the burn after abrupt trip to $41,700Data from Cointelegraph Markets Pro and TradingView showed BTC/USD suddenly surging to highs of $41,700 on Bitstamp — before instantly reversing.Two hourly candles was…