📨 #DeCenterDaily
🌎 The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is developing a new service in an attempt to win over customers amid fierce competition with blockchain solutions.
via ccn
🇰🇷 A South Korean blockchain startup is aiming to file a constitutional appeal against the government’s ban on initial coin offerings.
via Cointelegraph
💠 Agreed: Ethereum network’s Constantinople hard fork will be activated on block 7,080,000.
via CoinDesk
⛓ Cryptocurrency exchange Gemini announced support for Bitcoin Cash (Bitcoin ABC network) custody and trading.
via Gemini
📲 Cryptocurrency exchange Coinbase announced the addition of Civic (CVC), district0x (DNT), Loom Network (LOOM), and Decentraland (MANA) to its Coinbase Pro platform.
via Coinbase
🌎 The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is developing a new service in an attempt to win over customers amid fierce competition with blockchain solutions.
via ccn
🇰🇷 A South Korean blockchain startup is aiming to file a constitutional appeal against the government’s ban on initial coin offerings.
via Cointelegraph
💠 Agreed: Ethereum network’s Constantinople hard fork will be activated on block 7,080,000.
via CoinDesk
⛓ Cryptocurrency exchange Gemini announced support for Bitcoin Cash (Bitcoin ABC network) custody and trading.
via Gemini
📲 Cryptocurrency exchange Coinbase announced the addition of Civic (CVC), district0x (DNT), Loom Network (LOOM), and Decentraland (MANA) to its Coinbase Pro platform.
via Coinbase
According to a recent analysis of the marketing strategies that cryptocurrency exchanges implement, the social network that drives the most traffic to such platforms is YouTube.
Read Full Report »
Read Full Report »
The last week’s #CryptoCaselawMinute delivered by The Block featured:
• Kimmelman v. Wayne Insurance Group
• United American Corp. v. Bitmain et al.
• CFTC v. Gelfman Blueprint
Read Now »
• Kimmelman v. Wayne Insurance Group
• United American Corp. v. Bitmain et al.
• CFTC v. Gelfman Blueprint
Read Now »
The Block
Crypto Caselaw Minute, Week of 12.02.18: When the Sherman Act crashes the Bitcoin Cash party
The Block is delighted to bring you expert cryptocurrency legal analysis courtesy of Stephen Palley (@stephendpalley) and Nelson M. Rosario (@NelsonMRosario). They summarize three cryptocurrency-related cases on a weekly basis and have given The Block permission…
A University of Arkansas School of Law Professor Carol Goforth shared his opinion on the current state of the U.S. crypto regulation in a guest post for the Oxford Business Law Blog.
”Overlapping regulations produced by a multitude of distinct agencies with different missions and priorities have produced a confusing mix of classifications and requirements […] A more nuanced regulatory approach would be more in line with stated goals of avoiding overregulation, while still allowing each agency room to fulfill its mission.”
Learn More »
”Overlapping regulations produced by a multitude of distinct agencies with different missions and priorities have produced a confusing mix of classifications and requirements […] A more nuanced regulatory approach would be more in line with stated goals of avoiding overregulation, while still allowing each agency room to fulfill its mission.”
Learn More »
Oxford Law Faculty
US Law: Crypto is Money, Property, a Commodity, and a Security, all at the Same Time
Lately, some of the largest Ether (ETH) addresses have been moving funds here and there, but is it really causing the third-largest cryptocurrency that much of a problem?
Read More »
Read More »
decenter.org
Where Ether Is Flowing, and What the Whales Are Doing
The whales are saving up on Ether as the cryptocurrency’s price crashes and burns.
📨 #DeCenterDaily
📈 Four major stablecoins, USDC, TUSD, GUSD, and PAX, have surpassed the USD 5 billion in on-chain transactions mark within just three months.
via Cointelegraph
📉 An equivalent of hash power produced by 1.3 million Bitmain S9 miners was switched off in the past month alone.
via BitMEX
👑 Square has overthrown Coinbase as the most widely used iOS application to buy Bitcoin (BTC) in the U.S.
via ccn
💶 A euro-backed stablecoin issuer has announced it would have its product, as well as its operations, independently audited.
via CoinDesk
🇮🇱 Bitmain’s research and development center in Israel is shutting down due to the daunting market circumstances.
via Bitcoin.com
📈 Four major stablecoins, USDC, TUSD, GUSD, and PAX, have surpassed the USD 5 billion in on-chain transactions mark within just three months.
via Cointelegraph
📉 An equivalent of hash power produced by 1.3 million Bitmain S9 miners was switched off in the past month alone.
via BitMEX
👑 Square has overthrown Coinbase as the most widely used iOS application to buy Bitcoin (BTC) in the U.S.
via ccn
💶 A euro-backed stablecoin issuer has announced it would have its product, as well as its operations, independently audited.
via CoinDesk
🇮🇱 Bitmain’s research and development center in Israel is shutting down due to the daunting market circumstances.
via Bitcoin.com
Tether dominance has dropped to a new three-year low as other stablecoins gain traction, The Block reports.
Source: https://goo.gl/uPD2iA
Source: https://goo.gl/uPD2iA
A state-owned Russian Gazprombank prepares a regulated cryptocurrencies offering for institutional and corporate clients.
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Read More »
The Block
One of Russia’s largest state-owned banks is developing crypto-banking services for institutional clients
Gazprombank, a state-owned Russian bank, announced that it is developing “cryptocurrency-linked banking services” for financial institutions, institutional clients, and corporations participating in crypto. The new offerings will include crypto custody, cryptocurrency…
According to a recent report published by Financial Action Task Force (FATF), cryptocurrency exchanges in the United Kingdom present low risk for money laundering and terrorist financing.
Read More »
Read More »
CoinDesk
UK Crypto Exchanges Pose Low Money Laundering Risk, Says Global Watchdog
Crypto exchanges in the U.K. pose a “low” risk for money laundering and terrorist financing, says a report from the Financial Action Task Force.
The technologies that are directly related to crypto assets are continuing to evolve against the background of a falling market. The American exchange Coinbase is actively engaged in designing new models and ways of authenticating users. The developments are aimed at ensuring that each trader fully owns their personal data and can trade all the coins on the exchange without thinking about security.
Read More »
Read More »
decenter.org
Coinbase Plans to Introduce Unified User Identification Means
Coinbase wants to introduce unified user identification means and is calling on others to do the same.
📨 #DeCenterDaily
🦅 New York State received 36 BitLicense applications since the program’s inception.
via Fortune
🇺🇸 The U.S. Commodity Futures Trading Commission (CFTC) is requesting public feedback on the Ethereum network and its native digital token, Ether (ETH).
via CFTC
📱 Cryptocurrency trading platform Gemini founders Tyler and Cameron Winklevoss have launched a mobile cryptocurrency trading application.
via The Block
🗺 UNICEF is granting $100,000 to six startups that solve “global challenges using blockchain technology.”
via CoinDesk
🙅♂️ Samsung denied widely circulated rumors that it is developing a cryptocurrency wallet application.
via Cointelegraph
🦅 New York State received 36 BitLicense applications since the program’s inception.
via Fortune
🇺🇸 The U.S. Commodity Futures Trading Commission (CFTC) is requesting public feedback on the Ethereum network and its native digital token, Ether (ETH).
via CFTC
📱 Cryptocurrency trading platform Gemini founders Tyler and Cameron Winklevoss have launched a mobile cryptocurrency trading application.
via The Block
🗺 UNICEF is granting $100,000 to six startups that solve “global challenges using blockchain technology.”
via CoinDesk
🙅♂️ Samsung denied widely circulated rumors that it is developing a cryptocurrency wallet application.
via Cointelegraph
Cease-and-desist orders and fines that the U.S. Securities and Exchange Commission imposed on Floyd Mayweather and DJ Khaled for promoting initial coin offerings (ICOs) without disclosure may lead the crypto-related class-action lawsuits to start piling up, an expert says.
Read More »
Read More »
Decrypt Media
The Crypto Class Action Floodgates Have Opened - Decrypt Media
Now that the hype is over and ICOs are dead in the water, it’s time for lawyers and their suits to pass judgement on who should be recompensated.
According to The Block’s recent investigative report, Shaun MacDonald, CEO of the Blockchain Terminal—a startup that promised a cryptocurrency version of the Bloomberg Terminal—turned out to be a convicted fraudster named Boaz Manor, wearing a disguise.
Read Now »
Read Now »
Prosecutors at the trial at Tokyo District Court have sought a ten-year prison term on charges of embezzlement for Mark Karpelès—the former CEO of Mt.Gox, once the world’s largest Bitcoin exchange platform.
Learn More »
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CoinDesk
10-Year Jail Term Sought for Former Mt Gox CEO Mark Karpeles
Japanese prosecutors are seeking a 10-year sentence for former Mt. Gox CEO Mark Karpeles over embezzlement of user funds.
The rate of Bitcoin and many other cryptocurrencies continues to fall and set anti-records at lows. Now the price of the first digital currency is less than $3,400, and, in fact, crypto enthusiasts promised gold mountains and indicators with numerous zeros by the end of 2018. Almost everyone was wrong with the forecast, from ordinary investors to well-known analysts. Who promised what for the cost of Bitcoin at the end of December this year? Let’s start building our ranking of erroneous forecasts in increasing order of magnitude.
Read Now »
Read Now »
decenter.org
They Wanted to the Moon but Got BTC at $3,500: How Analysts Were Mistaken about the Cryptocurrency Price
Crashing and burning Bitcoin rate predictions from leading analysts.
“Commerce on the Internet has come to rely almost exclusively on financial institutions serving as trusted third parties to process electronic payments. While the system works well enough for most transactions, it still suffers from the inherent weaknesses of the trust based model. Completely non-reversible transactions are not really possible since financial institutions cannot avoid mediating disputes. The cost of mediation increases transaction costs, limiting the minimum practical transaction size and cutting off the possibility for small casual transactions,” writes Satoshi in the Bitcoin white paper. And, as practice shows, over ten years, the banking system has not changed.
Learn More »
Learn More »
decenter.org
Satoshi Vision vs. Vision of the Banks: Who Will Win?
Cryptos are overtaking banks in terms of fees but losing out on a lot else.
📨 #DeCenterDaily
💵 Major stablecoin project Basis will cease operations and return most of its funds to investors.
via The Block
👩⚖️ AriseBank founders will pay $2,259,543 in disgorgement, $68,423 in prejudgment interest, and civil penalties of $184,767 each to settle ICO fraud charges.
via CoinDesk
🇷🇺 The deputy prime minister of Russia announced that there would be no significant amendments to the draft bill “On Digital Financial Assets.”
via Cointelegraph
🗣 The chief executive officer of Allianz Global Investors, one of Europe’s largest asset managers, said that cryptoassets should be banned.
via Reuters
🇳🇱 Dutch central bank is set to introduce a mandatory licensing procedure for companies providing cryptocurrency services.
via Cointelegraph
💵 Major stablecoin project Basis will cease operations and return most of its funds to investors.
via The Block
👩⚖️ AriseBank founders will pay $2,259,543 in disgorgement, $68,423 in prejudgment interest, and civil penalties of $184,767 each to settle ICO fraud charges.
via CoinDesk
🇷🇺 The deputy prime minister of Russia announced that there would be no significant amendments to the draft bill “On Digital Financial Assets.”
via Cointelegraph
🗣 The chief executive officer of Allianz Global Investors, one of Europe’s largest asset managers, said that cryptoassets should be banned.
via Reuters
🇳🇱 Dutch central bank is set to introduce a mandatory licensing procedure for companies providing cryptocurrency services.
via Cointelegraph
In November this year, initial coin offerings (ICOs) attracted a total of USD 65 million. For comparison, back in February, the figure stood at about USD 2.5 billion.
Source »
Source »
Crypto lawyer Jake Chervinsky’s thread on the ever-changing Bitcoin ETF approval situation.