The Swiss financial regulator has issued fresh guidelines for fintech startups, giving leeway to licensees to accept up to CHF100 million ($100.1 million) in public deposits, in a radical move designed to boost innovation in the sector.
Overstock subsidiary Medici Ventures now has a 10% stake in Grainchain, a software provider for agricultural trading.
Japan regulators are now looking to introduce a new system that will report significant profits from crypto-based transactions.
A payment processor with a significant footprint in the U.S. has joined forces with tech company Vaultbank to bring crypto payments to retail customers.
Coinbase users now have an extra option available to them when choosing to withdraw their funds from the cryptocurrency exchange.
CoinZoom, a U.S.-based cryptocurrency exchange, will soon start its operations in Australia after its subsidiary, CoinZoom Australia, received approval from the Australian Transaction Reports and Analysis Centre.
Another mainstream financial company has seen the light. Calastone, a global funds network based out of London, is going to switch its entire fund trade clearing services system to the blockchain. According to a report by Reuters, the transition is expected to take place next May.
First, there was the initial coin offering (ICO), which has run into more problems than anyone could have imagined. Then, an alternative was created that would reportedly be safer and more legitimate than the ICO, the security token offering (STO).
Japan’s chief financial regulator, the Financial Services Agency (FSA), will reportedly roll out a new set of regulations targeting initial coin offerings (ICOs) in the country.
The South Korean government is looking at imposing a tax on cryptocurrencies, and regulation for initial coin offerings (ICOs).
Thailand’s Revenue Department has begun tests for tracking value-added tax (VAT) payments through blockchain.
Hacking on individual crypto wallets have increased based on cybersecurity firm Cuvepia, who indicated that the company had recently uncovered more than 30 attacks.
Members of G20 have signed a joint declaration calling for cryptocurrency regulations against money laundering and terrorist financing.
Squire Mining Ltd. announced on Friday that is has entered an agreement to acquire crypto mining assets owned by CoinGeek and its affiliates, paving the way for the formation of the largest publicly-owned crypto mining operation in the world—henceforth known as CoinGeek Technologies Ltd.
Securities regulators in the United States have fined two celebrities who were found to have failed to disclose that they were paid to promote initial coin offerings.
A court in the United States has rejected a claim brought by the Securities and Exchange Commission (SEC) against blockchain assets exchange Blockvest.
Decentralised publishing and content distribution platform Steemit has become the latest blockchain company to feel the heat, as the slowdown in legacy cryptocurrency markets continues to bite.
It’s an interesting week for the cryptocurrency space in Africa this week. The continent has seen more governments profess their support for cryptos publicly, while others are planning to create a regulatory framework for the market.
Cryptocurrency mining firm Envion AG was reportedly shut down in Switzerland over allegations that it conducted an unauthorized initial coin offering.
California-based cryptocurrency company Coinbase is looking to attract more institutional investors by introducing over-the-counter (OTC) trading desk.
