The Commodity Futures Trading Commission (CFTC) has issued an advisory on initial coin offerings (ICOs) and crypto-assets, warning would-be buyers to do their homework before investing. Its “Customer Advisory: Use Caution When Buying Digital Coins or Tokens” mirrors, in some ways, words of caution that have come out of the …
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The Swiss Stock Exchange SIX has held off on publicly welcoming cryptoassets not considered securities to its new exchange. ‘It’s Still Open’ Six Digital Exchange (SDX), news of which drew much fanfare when it was announced earlier this month, will subject all future assets to a “due diligence process,” spokesman …
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Hong Kong’s de facto central bank will launch its own blockchain trade finance solution with 21 banks in August, Financial Times (FT) reported Sunday, July 15. The joint venture between the Hong Kong Monetary Authority and Chinese company Ping An Group’s fintech subsidiary OneConnect aims to substantially reduce paperwork, costs …
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The cryptocurrency market trades globally 24 hours a day. Anyone who has been watching the price of Bitcoin understands the price moves very fast. Realize that people are always driving the price changes, and people are not always rational, not always emotional, but are rarely random. Since people are driving …
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American Express is on the hunt for better ways of proving when transactions occur and a new patent filing suggests the financial services giant may be looking at blockchain as part of a possible solution. In a patent application released by the U.S. Patent and Trademark Office last week, American …
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Bitcoin prices may be trailing around $6000, but investors in the space for longer than a year can still celebrate a 150 percent return on investment (ROI). Bitcoin Hodlers ‘Only’ Made 1.5 Times Returns Since July Data from cryptocurrency price trackers confirms that despite BTC/USD continuing to trend down this …
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Sunday, July 15: crypto markets continue building momentum, with nine out of the top ten cryptocurrencies by market cap firmly in the green, according to Coinmarketcap. Market visualization from Coin360 Bitcoin (BTC) has gone above the $6,300 mark, up about 1.5 percent over the past 24 hours, trading at $6,354 …
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It’s the Crypto World Cup Finals! And the crowds go wild! Charles Hoskinson is facing off against Charlie Lee in what is perhaps the biggest and most highly anticipated crypto competition EVER. It all comes down to this. Who will be victorious? Who will win the cup? Time to find …
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It was news that was perhaps too strange for crypto’s typically divided reactions. First revealed Wednesday, the Litecoin Foundation, the non-profit that develops the software that powers the sixth-largest cryptocurrency, bought a stake in a very real, non-crypto bank. The move was met with applause and skepticism, but also a stunned sense …
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Wan Kuok-koi, a former Macau triad also known as “Broken Tooth”, has teamed up with a Chinese firm to fund chess and poker tournaments in the Asian country. According to reports, Wan’s ICO for “HB” tokens was able to accrue $750 million in less than five minutes. Former gangster Wan …
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