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  2. Volume of trading in last 7 days: 88 million. Locus Chain becoming mainstream!
  3. After two years, a much-hyped consortium of bankers and legislators has proposed that the Indian government completely ban public cryptocurrencies (like Bitcoin). Newsflash: Indian Regulators Officially Propose Total Cryptocurrency Ban https://t.co/LYKzNkOwBG — CCN Markets (@CCNMarkets) July 22, 2019 All the Ways A Typical Crim Can Break Indian Law with Bitcoin The same draft bill (“Banning […] The post Revealed: The Fines & Criminal Offenses Facing an Indian Crypto Adopter appeared first on CCN Markets View the full article
  4. Swiss privacy regulators have said that Facebook is lagging in its response to requests for more liaison regarding Libra View the full article
  5. Здравствуйте LORIK67. Спасибо за ваш положительный отзыв! Я очень рад что вам нравиться проект!
  6. The recruitment industry is riddled with cons of pulling our resumes from data banks that hardly fit the job description. Prime Talent chain is the solution for all the needs a company might need. Machine Learning is one such solution. It is a key technology to unlock vital information about the candidate at the resume screening and parsing stages of PTC. Machine Learning has proven to be effective to replicate decision making, predictive analysis in matching a resume against a job. PTC employs the machine learning algorithms to help resolve the basic queries of jobseekers and resolve them. PTC vows to eliminate the massive screening of resumes by introducing a curated and immutable database, skill community. Prime Talent Coin - Staffing & Recruitment on Blockchain Prime Talent Chain is a unique staffing and recruitment solution which will decentralize the HR industry.
  7. Blockfolio has added support for Donu! You can now track your Donu portfolio easily and free with the Blockfolio app! Check out https://blockfolio.com/ for more information.
  8. Cơ hội lớn dành cho các bác đang quan tâm đến Gate.io và GT Nhân dịp Gatechain Token của Gate.io đã chính thức có mặt trên HuobiFastTrack của Huobi. Gate.io đưa ra chương trình khuyến mãi cho người dùng bình chọn cho GT trên Huobi Fast Track sẽ mua được GT với giá chiết khấu 50%. Mua ngay về còn đu đỉnh. Thời gian bình chọn: 19:00 - 20:000 giờ Việt Nam, hôm nay 24/7/2019 (trong vòng 1 giờ) Cách vote: ➡️Đăng nhập (link: http://buff.ly/2K2QDfW)buff.ly/2K2QDfW ➡️Chọn FastTrack ➡️ Bình chọn cho GT Đăng kí tài khoản Gate.io tại www.gate.io/signup
  9. Over the past year, there’s been a whole lot of hubbub about TD Ameritrade’s dealings with Bitcoin and cryptocurrency. In 2018, the retail brokerage, which services over 11 million clients that hold over $1 trillion worth of assets, backed a crypto upstart going by Eris Exchange (ErisX). This led to mass speculation about what plans the firm has for cryptocurrency. While nothing material has been announced yet, the chief executive of TD Ameritrade recently revealed that his firm is seeing “heightened” interest from its clientele for digital assets. TD Ameritrade CEO Knows His Clients Want Bitcoin The launch of Facebook’s Libra, coupled with the total resurgence in the cryptocurrency market, has awoken something in the public. As Tim Hockey, the soon-to-depart chief executive of TD Ameritrade, told The Street in an interview, “clients are asking for it.” By it, he means Bitcoin and other digital assets. As to why this trend is occurring, Hockey looks to the mass media coverage that Libra has received, which has materialized in comments on cryptocurrencies from global regulators and investors — most notably Donald Trump. He adds that the sudden bout of renewed interest in cryptocurrencies can also be attributed to “active investors”, most of which are looking for alternative asset classes to outperform the indices and the ever-decreasing yields of government bonds and other portfolio staples. Just as an aside, it is important to note that TD Ameritrade’s platforms, including Think or Swim, does already support the CME’s Bitcoin futures. But, the vehicle is only offered to clients with a certain level of wealth/account balance and qualifications, which makes sense, especially due to the CME’s institutional focus. What makes sense would be for TD Ameritrade to give its clients access to Bitcoin and other cryptocurrencies, maybe Ethereum, through ErisX. As Steven Quirk, TD Ameritrade’s Global Head of Trading & Education, told CNBC last year in the wake of the ErisX investment: “I think the appeal for us is that [ErisX has] the biggest players in the Bitcoin space from a market making standpoint, both DRW and Virtu here, and you also have Cboe in a partnership with NEX. So you have people that are very well versed in this space and what we’re bringing to the table as a strategic investor is a pretty deep understanding of our 11+ million retail clients and what they look for when it comes to a product.” Notably, ErisX has recently bagged a license from the Commodity Futures Trading Commission to become a derivatives clearing organization, giving it the ability to launch certain Bitcoin products in the near future, when it launches that is. While there are some expecting for ErisX to launch shortly, Hockey doesn’t seem ready to delve right in just yet. He told The Street that when it comes to cryptocurrencies, he wants to ensure that TD Ameritrade takes a “crawl, walk, run approach”, presumably to avoid any regulatory scrutiny that flies their way as the discussions around Libra develop. What’s weird is that individuals like Charlie Lee, the founder of Litecoin, has begun to spot facets of TD Ameritrade’s platforms that indicate that the firm is testing trading for Bitcoin. Also, the firm has been reported to have launched a Digital Assets division, just as Fidelity did last year. Not the Only Player On the Block TD Ameritrade isn’t the only one trying to tackle this space. Bloomberg reported earlier this year that its sources tell them that E*Trade, one of TD Ameritrade’s primary competitors, may soon be launching Bitcoin and Ethereum trading. The insiders added that the firm is looking for a proper custody solution. Also, Bakkt has recently launched its futures product for a select group of beta-testers. While the contract is much more institutional-centric, the New York Stock Exchange-backed platform is expected to soon launch Bitcoin vehicles that will appeal to a retail audience. The post TD Ameritrade CEO: Clients are “Asking For” Bitcoin appeared first on Blockonomi. View the full article
  10. In the confusing world of British politics, a new prime minister has been elected following the resignation of Teresa May. Boris Johnson, who has campaigned on pushing Brexit through to its completion, won a solid victory over his primary opponent. He’s been known to be a rather colorful character. Britain’s PM Situation is Unstable Yet […] The post ‘Britain’s Trump’: New British PM Boris Johnson Promises to Jam Brexit Through appeared first on CCN Markets View the full article
  11. HOW TO TRADE BITCOIN: ▻ Bybit Tutorial: https://www.youtube.com/watch?v=4dnIDz1NLuw Bitcoin Technical Analysis & Bitcoin News Today: The Bitcoin ...
  12. Calvin Ayre joined Becky Liggero at the recent CoinGeek Toronto 2019 scaling conference to talk about Bitcoin's path forward.
  13. For much of its life and to most investors, Bitcoin has been seen as a volatile asset, one that rises and falls at the whim of nothing and no one. But, year-over-year, it has been increasingly seen as the world’s next go-to store of value, one that could potentially usurp gold and its ilk. This trend isn’t only being shown through sentiment, but Bitcoin blockchain data too. “Untouched” Bitcoin On the Up-and-Up While Bitcoin is somewhat private, the details of transactions and addresses can be tracked and put on display for the world to see. CoinMetrics, a prominent U.S-based analytics firm, has taken advantage of this transparency to put together what is known as its “State of the Network” reports. In the firm’s most recent iteration in this series was a tidbit about Bitcoin’s untouched supply, meaning the number of BTC that hasn’t been moved within a certain time frame. On all time frames that CoinMetrics checked — 180 days (half year), one year, two years, and five years — the untouched supply of Bitcoin has been on the rise, growing since the bull run of 2017 and early-2018. In fact, the number of BTC that hasn’t been touched for at least one year has grown to ten million — an all-time high. This means that over half of the Bitcoin currently mined and just under half of all of BTC’s fully-diluted supply have not been transferred in over 12 months. "The amount of Bitcoin (BTC) supply that has been untouched (i.e. not transferred) for at least five years recently reached an all-time high. This potentially signals that BTC is increasingly becoming a store of value, as opposed to a medium of exchange."https://t.co/GGrqOZHmnT pic.twitter.com/TwJG18lFp7 — Matt Odell (@matt_odell) July 23, 2019 Per Matt Odell, a prominent Bitcoin-focused content creator and podcaster, this is a sign that Bitcoin is potentially well on its way in becoming a store of value, as opposed to a digital medium of exchange. Indeed, media of exchange are not meant to be held for an extended period of time, while stores of value should. As the Wikipedia definition for “store of value” reads: A store of value is the function of an asset that can be saved, retrieved and exchanged at a later time, and be predictably useful when retrieved. More generally, a store of value is anything that retains purchasing power into the future. Over the time frames that CoinMetrics tracked, Bitcoin has appreciated, again giving credence to the idea that the cryptocurrency is starting to become a viable store of value. Mainstream Acknowledges BTC as a Store of Value The data that CoinMetrics published comes hot on the heels of reports that prominent investors, economists, and mainstream media personalities and critics have begun to acknowledge Bitcoin as the world’s next store of value, albeit it a currently volatile one. Just two weeks back, Jerome Powell, the chairman of the Federal Reserve, noted in a hearing in Washington, D.C, that Bitcoin is a store of value that is “like gold”. This small comment marked a huge step in the right direction, even though Powell followed this comment up with the idea that Bitcoin and other cryptocurrencies remain volatile assets. Along with the title of a store of value, some have also begun to crown Bitcoin a “safe haven” play, meaning that it may act as a store of value, even in times of political and economic unrest and collapse. Just last week, Chamath Palihapitiya, a former Facebook executive, told CNBC that Bitcoin is the perfect hedge “against the traditional financial infrastructure”. He elaborated that if fiscal or monetary policy is wonky, as it arguably is now, having Bitcoin is like “the schmuck insurance you have under your mattress”. The Financial Times also made a similar comment, releasing a report in June highlighting the similarities in the charts of gold, the Japanese Yen, the Swiss Franc, and, the newcomer, Bitcoin. They suggested that the correlations then seen could be a sign of BTC’s growing use as a safe haven in times of distress. As to whether or not Bitcoin holds up in the purportedly impending recession remains to be seen though. The post “Untouched” Bitcoin on the Rise: Suggests BTC Becoming a Store of Value appeared first on Blockonomi. View the full article
  14. Today
  15. So i don't get it, Libra is stablecoin or not? I if it is, why people can't just use tokens like Tether or TrueUSD instead?
  16. Download away, as popular Ethereum wallet MetaMask has now opened a public beta for its Android and iOS mobile apps. Unfurled on July 22nd, the mobile app beta will be used to “gather feedback from the community before our V1 launch this fall,” the MetaMask team said. The MetaMask web extension has already proven to be among the most popular cryptocurrency wallets in the Ethereum ecosystem. The San Francisco-based wallet makers had announced plans for an associated mobile app at the Devcon 4 conference last fall. MetaMask’s mobile app is now available for public beta! With MetaMask mobile, users can now manage their digital assets, use dapps, and send ETH or tokens to anyone, anywhere. Read our feature guide and walk-through here!https://t.co/Cuup7LiumN — MetaMask (@metamask_io) July 23, 2019 The new Android and iOS apps will also serve as mobile browsers, which will allow users to interact directly with Ethereum dapps right from within the MetaMask app. As the company explained on Tuesday: “Rather than just another wallet, MetaMask Mobile is a bridge to the decentralized web, with a dapp-centric browsing experience, intuitive on-boarding, and features that sync with your desktop MetaMask accounts.” On that last point, users who download one of the mobile apps will be able to sync their web wallet accounts using a QR code provided within the browser extension or a private key. As far as features go, the apps will support Ethereum Name Service domains, cryptocurrency collectibles built on the ERC-721 token standard (e.g. CryptoKitties), biometric security, and integration with Connext Network’s InstaPay, which lets users make free payments through layer-two payment channels. Layer Two Implications in the Here and Now Layer-two solutions like the Lightning Network are routinely touted as one way to scale public blockchain infrastructure like Bitcoin and Ethereum. Much work has been done on state channels and payment channels to date, but these second-layer solutions have yet to make deep inroads toward mainstream adoption. In that context, the integration of InstaPay in MetaMask’s mobile apps is certainly an early and notable stab in that direction. Looking for InstaPay on the @metamask_io Mobile App? Go to SettingsExperimentalPayment Channels and experience the magic!https://t.co/cZEUWQx2D8 — Connext (@ConnextNetwork) July 23, 2019 For one, MolochDAO member Aftab Hossain hailed the integration as a boon for the Dai stablecoin and a “[h]uge step forward for mass market UI of crypto payments solutions,” later arguing it “increases the likelihood of Ethereum being used for consumer […] payments at scale far sooner than it ever would for the Lightning Network.” More probably unoriginal thoughts: this could also help usher in the use of micropayments for content on websites, since @ConnextNetwork has no fees. This maybe be remembered as one of the most impactful moments in Ethereum UI/UX. — Aftab 'DCinvestor' Hossain (@iamDCinvestor) July 23, 2019 Alas, Ethereum users now have the ability to make micropayments from within one of the space’s premier wallets for the first time. It may still take years for such second-layer solutions to catch on. But for those interested in making gasless payments now, InstaPay is a standout option. A Rising Wallet on a Rising Network The Ethereum network, which turned five years old on July 22nd, facilitated its 500 millionth transaction last week. Notably, the MetaMask web extension alone processed more 0.2 percent of those transactions during one month this spring. “MetaMask recorded 1.1 million transactions in the month of April, which projects out to a whopping 1.51 million transactions last month across the entire user base,” the company revealed in a metrics breakdown back in May. In that breakdown, the wallet makers estimated at the time they had approximately 90,000 weekly users and 264,000 monthly users and that the most popular dapps were 0x Universe, CryptoKitties, Dice 2 Win, Axie Infinity, and Fork Delta. On Twitter, Mythos Capital founder Ryan Sean Adams projected the new MetaMask mobile apps will help the wallet play see further user growth in short order. “This’ll get them to 1m easy,” he said. Metamask just released their mobile wallet beta – Insta payments via channels (yep L2) – Mobile access to DeFi protocols – Simple onboarding First time a crypto wallet felt mainstreamy In April they had 260k monthly active users This'll get them to 1m easy — Ryan Sean Adams (@RyanSAdams) July 23, 2019 In the spring breakdown, MetaMask’s builders indicated they were committed to making wallet’s overall confirmation experience smoother, noting: “On the product side, we’re taking some time to invest design effort into refreshing the Confirm screens to make them more functional. At the same time, we’re exploring a framework that will help the user extend permissions to different applications and reduce the need to confirm individual actions.” The post Mainstream Ethereum Wallet: MetaMask Unveils Mobile App Beta appeared first on Blockonomi. View the full article
  17. Most promising coin today is NEO, 200 at the peak and 11 now. We in the downtrend now, so NEO will continue to decline, maybe we will see something like 7$ for coin or even less, but i will buy it anyway.
  18. Digital investments startup Fundament Group now has permission from top German financial watchdog BaFin to launch a €250 million euro offering of real estate bonds tokenized on Ethereum. With the regulator’s approval announced by the company on July 23rd, Fundament can move forward on its planned public sale of Fundament Real Estate Tokens. Those tokens are “a digital security backed by German real estate with a focus on commercial,” the project’s landing page reads, and they emphasize turning illiquid real estate into liquid investments via the ERC-20 token standard. First of Its Kind, But Surely Not the Last Per the project’s prospectus, each Fundament Token will have a nominal value of €1 upon issuance. Investors can use euros, dollars, ether, or bitcoin to participate in the offering. Those who don’t pay in cryptocurrency will receive their token allotment in a hardware wallet. The token’s dividends will be paid out annually every July 31st, with the project’s planned rate of return being between four and eight percent. The bond’s final repayments will take place by December 31st, 2033. Next up on the slate for the company is the actual public sale. Fundament hasn’t specifically disclosed when the offering will begin, though sign ups are currently open on the Fundament website. The company will reportedly start marketing the coming token in August. “We are excited to enter the sales process for the Real Estate Security Token, while already preparing the tokenization of other highly attractive assets,” Fundament co-founder Florian Glatz said on the news. Notably, BaFin’s greenlighting of the Ethereum-based bonds is unprecedented in the country because it marks the first time a real estate token has been approved in Germany. As a BaFin spokesperson noted to CoinDesk: “It has indeed been the first time we have approved a prospectus regarding blockchain-based real estate bonds, but not the first time in respect to blockchain technology as such.” March of the Ethereum Bonds The Fundament news echoes Societe Generale’s April announcement, in which the bank revealed it was conducting an offering of €100 million in bonds tokenized atop Ethereum. Societe Generale, known more popularly as SocGen, is among the 20 largest banks in the world, currently clocking in as the third largest in France and the sixth largest in Europe. Accordingly, its status as a major bank made its planned security token offering generate waves in Ethereum’s nook of the cryptoeconomy, with stakeholders hailing the news as a sign Ethereum was making headway into mainsteam society. The bonds, dubbed OHF tokens, were given a Aaa by Mood’s rating service. In their announcement, SocGen said the digital bonds pointed toward a new future for capital market activities: “Many areas of added value are predicted, among which, product scalability and reduced time to market, computer code automation structuring, thus better transparency, faster transferability and settlement. It proposes a new standard for issuances and secondary market bond trading and reduces cost and the number of intermediaries.” The high-profile embrace isn’t bad for a blockchain platform that just turned five years old this month. Ethereum Just Had Its Birthday On July 22nd, the Ethereum network officially turned five. “Still astonishing to reflect on how far we have come,” Ethereum co-creator Joseph Lubin reflected on Twitter. “We willed an idea into being, built a vibrant community, and spread the ethos of decentralization to the world.” Happy Birthday, ◊! 5 years ago, on July 22, 2014, the #Ethereum dream began. Still astonishing to reflect on how far we have come. We willed an idea into being, built a vibrant community, and spread the ethos of decentralization to the world. 5⃣https://t.co/bcanu2NotJ — Joseph Lubin (@ethereumJoseph) July 22, 2019 And with age comes experience. As of last week, the Ethereum network has processed more than 500 million transactions to date. To that end, the smart contract platform has proven itself viable enough for major institutions like SocGen to build on. What will be interesting to see is how the blockchain’s adoption looks another five years from now. The post German Finance Watchdog OKs €250 Million Real Estate Bond Built on Ethereum appeared first on Blockonomi. View the full article
  19. The Financial Conduct Authority (FCA) is the latest target for Bitcoin fraudsters. According to a report by the FT Adviser, the con artists impersonated the FCA in a scam email to recipients, with bogus cryptocurrency rewards. Issues of impersonating regulatory bodies or known personalities for bitcoin is not new in the cryptocurrency sector. Bad actors capitalize on the popularity of the individuals/organization they are imitating to lure unsuspecting victims with juicy crypto rewards, consequently stealing funds from victims. FCA Issues Warning on Latest Bitcoin Scam Per a report on Tuesday (July 23, 2019), bitcoin scammers sent out an email to a number of recipients, with logos imitating the FCA and Prudential Regulation Authority (PRA), another U.K. regulator. The scam email tried to lure recipients with the current bitcoin price surge and capitalizing on bullish bitcoin price prediction, saying: “Guaranteed chance to earn. Bitcoin is still a long way off its peak price of $20,000, which it reached in 2017, but some cryptocurrency experts believe it could hit an even higher value by 2020.” One of the recipients, Dominic Thomas, founder and Principal of London-based independent financial advisory firm, Solomon’s Independent Financial Advisers, alerted the FCA via Twitter. The warning came after Thomas received the scam email multiple times over the weekend. Following Thomas’s warning, the U.K regulator has since taken action, stating that the relevant team in the agency was looking into the email. The FCA further gave some tell-tale signs for citizens/investors to be aware of and be on the alert. One of the warnings stated: “Look for signs that the email, letter or phone call may not be from us, such as it listing a mobile or overseas contact phone number, an email address from a Hotmail or Gmail account, or a foreign PO Box number.” Also, the agency would never ask for sensitive details such as bank account details or directly as for money. Another red flag individuals should watch out for, are grammatical errors. The scammers using the email to lure people to buy bitcoin from them, wrote “click her”, which is incorrect. Furthermore, the FCA said that individuals should ignore suspicious messages and added that consumers should be wary of offers with exaggerated returns. Crypto Con Artists Developing Different Fraudulent Schemes This is not the first time, however, that crypto fraudsters are impersonating the FCA. In March 2019, the regulatory body. In a press release, warned investors about a fraudulent cryptocurrency startup based in Bulgaria. According to the FCA, the Bulgarian company claimed to be authorized by the U.K. regulatory body and offered crypto services to unsuspecting victims. Back in 2018, the U.S. Commodity Futures Trading Commission (CFTC) arrested two crypto fraudsters, who reportedly stole bitcoin from investors, impersonated a CFTC official, and forged CFTC documents. Two American suspects were fined $180,000 each for also imitating the CFTC and stealing bitcoins from investors through fraudulent means. Apart from imitating financial regulatory bodies, there have also been cases of criminals impersonating well-known personalities and celebrities. Tesla’s Elon Musk has also been a victim of impersonation on Twitter, with fraudsters using Musk’s image to promote crypto scams. Crypto Spring Could See Even Greater Upsurge in Scam Cases With bitcoin price currently experiencing a bull run after the 2018 crypto winter, more bad actors are bound to take advantage of the price surge to hunt for naive investors. Different regulators, from the U.S SEC and the CFTC, to the FCA and other regulators globally, have warned individuals to wary of fraudulent schemes. Going by bitcoin bullish predictions from experts within and without the crypto community for the year 2019, fraudsters would surely want to get their share of the price boom. Investors, in their best interests, should be vigilant and avoid schemes that promise hyperbolic returns. The post Fraudsters Impersonate U.K. Financial Watchdog Promoting Bitcoin Scam appeared first on Blockonomi. View the full article
  20. There are top reputable cloud mining providers, so you can avoid scam companies. Check out on the internet
  21. Mining with Solo pools is more profitable and more secure than with private nodes. Plus if you Mine solo - you'll make more.
  22. There are reports that the Reserve Bank of India (RBI) is behind the call to completely ban bitcoin and cryptocurrencies in India. This revelation comes amid the recommendation by the government instituted committee tasked with evaluating crypto regulations in the country calling for a blanket prohibition on virtual currencies. Meanwhile, crypto stakeholders both within and outside the country say the government would be making a massive mistake if follows through on outlawing cryptocurrencies in India. No End to Central Bank’s Beef with Bitcoin According to the Business Standard, India’s apex bank and not the central government is behind the recommendation to ban bitcoin and cryptos in the country. On Monday (July 22, 2019), the inter-ministerial committee set up to look into crypto regulations in India submitted its report calling for a blanket prohibition of virtual currencies in the country. The top hierarchy of the RBI says bitcoin creates “a chain of black money.” This characterization of cryptos as being enablers of criminal activities is one that is present in many jurisdictions across the globe. Several anti-crypto voices espouse this sentiment despite the fact there is little evidence to back up the claim. Additionally, mainstream finance continues to be the conduit for illicit activities across the globe. Major banks like Wells Fargo, JPMorgan, and Deutsche indicted on money laundering charges certainly didn’t use crypto. It will be recalled that the RBI did strike the first salvo in the war on cryptos in India. Back in 2018, the apex bank banned commercial banks from offering services to cryptocurrency exchanges in the country. Gov’t Reportedly in Favor of More Nuanced Regulations For government officials like Subhash Chandra Garg, banning bitcoin and cryptos isn’t the right course of action. The Economic Affairs Secretary and head of the inter-ministerial committee (IMC) charged with looking at modalities for regulating cryptos reportedly argued for a more nuanced approach to virtual currencies. Business Standard quotes Garg as saying that bitcoin and cryptos constituted an economic phenomenon. Thus, rather than instituting a bitcoin ban, the government ought to find a way to regulate the industry for the benefit of all stakeholders. In the absence of sensible crypto laws, the country’s virtual currency sector continues to suffer. Several bitcoin exchanges have shut down their operations in India with some relocating to friendlier jurisdictions. Commercial banks have even joined in the campaign against crypto in India. There have been reports of some banks terminating accounts of customers engaged in cryptocurrency transactions. Bitcoin Ban Looms in India With the IMC submitting its report on Monday, there have been fears that India is one step closer to banning bitcoin completely. Across the world, there have been strong reactions to the news with stakeholders condemning the apparent direction of the matter. Tweeting on Monday, Anthony Pompliano of Morgan Creek Digital expressed concern at the latest developments from India concerning crypto. One of the more troubling elements from IMC’s recommendations come in the form of financial fines and penalties for people caught engaging in cryptocurrency transactions. We need to pay attention to what is happening in India around cryptocurrency regulation. I’m willing to fly to meet with lawmakers and regulators if someone can get me a meeting. Who can help? — Pomp (@APompliano) July 22, 2019 This proposed proviso is in keeping with rumors of prison sentences for crypto dealing in India. Such a stance might take India’s crypto aversion beyond that of other hostile places like China. While calling for a crypto ban, the IMC recommends that the government take steps to adopt blockchain technology. The blockchain, not bitcoin approach also provides some evidence of the RBI being firmly responsible for the push towards a bitcoin ban. The RBI released a regulatory sandbox for fintech earlier in the year which included blockchain startups but excluded crypto-related businesses. The post Reserve Bank of India is Reportedly Behind the Push to Ban Bitcoin appeared first on Blockonomi. View the full article
  23. Facebook hasn't responded to a request by Switzerland’s data privacy regulator for more details on Libra, despite the project being based in Geneva. View the full article
  24. Goldman Sachs-backed Circle has moved Poloniex to Bermuda obtaining a digital asset license from the government. The move comes following increasing frustration with restrictive U.S. cryptocurrency laws. Poloniex will reportedly continue its geofencing of U.S. customers from particular cryptocurrency tokens listed on the platform. However, non-U.S. crypto traders will have unfettered access the crypto exchange. Stakeholders warn that the unclear regulatory environment in the U.S. will continue to cause a hindrance to digital innovation in the country. Circle Obtains “Class F” DABA License in Bermuda On Monday, Circle announced that it was moving Poloniex operation to Bermuda for non-U.S. customers. According to Forbes, the crypto-financial startup company obtained a “Class F” license under Bermuda’s Digital Assets Business Act of 2018 (DABA). The license allows Circle to offer a suite of cryptocurrency investment options to international clients right from its new base of operations in Bermuda. DABA also provides a full-spectrum regulatory framework for different aspects of the crypto industry including initial coin offerings (ICOs), trading, and wallet/custody services. Circle’s move to Bermuda also resulted in the creation of a new subsidiary — Circle International Bermuda. This new entity will allow the onboarding of non-U.S. customers of Poloniex to trade cryptocurrencies. The Goldman Sachs-backed Circle becomes the first crypto-focused company to receive the license. It also adds up to a major scoop for Bermuda in its quest of becoming the global de facto blockchain Island. For that particular crown, Bermuda will have to go up against the likes of Malta and Gibraltar. Some island nations are trying to create an enabling environment for digital assets with major economic powers like the U.S. and China not exactly welcoming of crypto commerce. Balancing Innovation with Regulatory Compliance For Circle, the move to Bermuda represents the choice of trying to balance digital innovation and robust regulatory compliance. The DABA framework reportedly includes safeguards against money laundering and terrorist financing in line with regulations set forth by the Financial Action Task Force (FATF). Circle hierarchy says these robust regulatory requirements neutralize the legal haven narrative usually ascribed to offshore locations. Commenting on the move, Gus Coldbella, the chief legal officer at Circle, told Forbes: “We’ve always been advocates for forward looking regulatory clarity on digital assets. That being said, we’ve been searching the world for jurisdictions that met our criteria, but that were also deeply focused on regulatory compliance. We evaluated a number of places to base our international operations in and Bermuda was a perfect fit. Under the DABA license, Circle will be able to operate a suite of regulated crypto financial services for our international customer base, including expanded digital asset product offerings.” The decision to not jettison regulatory compliance in favor of an enabling environment for virtual currency operations come at a time of increased government scrutiny on the crypto industry. Facebook’s Libra project has been the subject of hearings in the U.S. with other jurisdictions expressing their uncertainty about the social media giant’s foray into the digital payment arena. Geofencing of US Cryptocurrency Traders Will Continue Circle’s move to Bermuda also highlights the negative impact of unclear regulations in the U.S. According to Circle, U.S. customers will not have access to the new catalog of offerings from Poloniex. Earlier in the year, Circle declared that lack of clarity from the U.S. securities and exchange commission was adversely affecting the country’s crypto market. Poloniex even geofenced a few cryptocurrency trading pairs from its U.S. customers. Stakeholders in the U.S. say Congress needs to move forward with passing favorable regulations for the crypto industry. There are efforts currently being made to pass the Token Taxonomy Act which would exempt crypto tokens from securities law. The post Circle Moves Poloniex Crypto Exchange to Bermuda for Non-US Customers appeared first on Blockonomi. View the full article
  25. Have you guys heard of the new bags token that wants to upcycle worthless tokens? Can you see clearly what the difference between the projects are? This is another sign of how we're affecting the market and making it healthier. A lot of their ideas and language come from work we have done over the last two years. This is great and means we are succeeding in teaching people about the new to clean up! What are your thoughts?
  26. iFinex and The Office of New York’s Attorney General are locked in what could be tagged as a high-profile legal dispute, and no party seems to be backing down. On Monday, lawyers representing Tether and Bitfinex (both housed under iFinex and directly involved in the case) submitted several filings in a bid to assert their point that they never served New York-based customers. In the filings, the attorneys claimed that the ONYAG misled the court in previous submissions, deliberately making the companies connection within the state look stronger than they are. The filings are all a part of Bitfinex’s attempts to get the case dismissed entirely. Since the Martin Act, a securities law in New York, forbids the ONYAG from prosecuting fraud cases outside New York State, Bitfinex is on a mission to prove that the Office is indeed out of its jurisdiction. Foreign Entities not New York-based Firms In one of the filings, the ONYAG had claimed that Bitfinex was operating in New York when it granted Tether (USDT)-based loans to a trading firm in the state. The NYAG also noted that the exchange also opened an account with another firm to facilitate the transaction. Summarily, the exchange revealed that they transacted with foreign entities that don’t have operations in New York. It added that the summation of the ONYAG’s documents detailing their customers was related to “Eligible Contract Participants (ECPs).” To further clarify, Bitfinex’s attorneys explained that according to the company’s terms of service, all ECPs that conduct transactions with the exchange are required to be foreign entities. “Although those foreign entities may have shareholders or personnel who reside in, or otherwise have contact with, the United States or New York, Bitfinex’s and Tether’s customers are the foreign entities themselves,” the exchange explained. In addition to that, it was revealed that the elephant in the room- the allegedly embezzled funds which led to the line of credit from Tether to Bitfinex- also took place outside New York. At the time, any claims of Tether being fully backed were made by an entity outside the state as well. Again, Bitfinex and its lawyers questioned why the ONYAG would get involved in something that was out of its jurisdiction. A smart nudge to its option to dismiss the case. Does the NYAG have Evidence? In a separate filing, the exchange’s attorneys claimed that the ONYAG was unable to show that Bitfinex had any business dealings in New York. It added that even if the legal authority could show that it had served New York residents, they hadn’t established that any of the company’s activities had affected investors in any way. In part, the filing reads, “AG has failed to identify a single New York customer who was misled or even considered representations about tether’s backing, nor any New Yorker harmed.” There is no doubt that the ONYAG will find a way to challenge this claim, as it has always done. In what has pretty much become the crypto industry’s most dragged out legal battle of the year, all eyes will be on both entities and who does come out on top when it’s all said and done. The post Bitfinex: NY Attorney General Misled the Court in Recent Filings appeared first on Blockonomi. View the full article
  27. #GoldToken #1MillionSupplyOnly #Tradeable Already Listed on Coinmarketcap and Tradeable on Many Exchanges Earn upto 10 GOLD Token Because of limited supply Expectation Price of 1 GOLD Token = 5 US Dollar. TASK: Join on Telegram and follow twitter account only Register here: https://t.me/goldentokenwallet_bot?start=831977708 Thank you.
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