Facebook Libra plans to seek payments license in Switzerland
The Libra Association has submitted a request to Switzerland’s Financial Market Supervisory Authority for clarification on how the regulator would classify Facebook Libra.
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Northern Bitcoin joins crypto mining fray with ‘air-cooled’ containers
Northern Bitcoin AG said it had completed trials of its outdoor-focused mobile mining facility at its test site in Frankfurt-Hoechst.
South Korea’s pop music giant SM to launch cryptocurrency
South Korean firm SM Entertainment is reported to have partnered with CTIA Labs to build the project, which is still in the early stages of development.
Japan’s Coincheck crypto exchange suspends new margin trading orders
Coincheck’s margin reduction will come into effect from October 31, with new margin trading orders suspended effective immediately.
Dutch central bank to roll out crypto regulation in January 2020
Cryptocurrency firms will be obliged to register with the De Nederlandsche Bank from early 2020, and those that fail to do so will no longer be allowed to trade.
Malta authorities warn consumers again: Beware of Bitcoin Revolution
The chief financial regulator of Malta has issued another warning to consumers about suspicious crypto-schemes being promoted by Bitcoin Revolution.
Telegram launching ‘Gram’ crypto ahead of Oct. 31 deadline: report
Messaging app Telegram has said it plans to launch its native Gram cryptocurrency token ahead of a looming deadline on October 31.
Zaif exchange operator shutting down after refunding hack victims
Osaka-based Tech Bureau Corp. would no longer offer exchange services after it had returned funds to customers of embattled Zaif crypto exchange.
Embattled Tether to issue Chinese yuan-pegged stablecoin
Tether, which is owned by parent company iFinex, will reportedly issue the Chinese yuan-pegged stablecoin, known as CNHT, in the coming weeks.
Bitfinex ‘disappointed’ as court rules $850M cover-up probe will proceed
Tether issued a statement in response to Monday’s New York State Supreme Court ruling, saying that they are “disappointed” but will file an appeal.
Multi-billion Ponzi scheme PlusToken reportedly dumping crypto
Known as PlusToken, the Ponzi scheme is reported to have caught as many as 10 million individual investors, with investment totaling $3 billion.
UK advertising watchdog slams BitMEX over misleading crypto ad
The U.K. Advertising Standards Authority (ASA) upheld a complaint against BitMEX exchange for an advertisement for BTC it says is misleading.