SEC Settle Charges With Gladius Network ICO After Self-Report
SEC Settle Charges With Gladius Network ICO After Self-Report
20 February 2019, 21:12
Crypto Startup, Gladius Network reported itself to the SEC as an offender for selling unregistered securities and got a huge discount from the regulators.
Wyoming Passes Two New Blockchain Related Bills
Wyoming Passes Two New Blockchain Related Bills
20 February 2019, 17:35
Fresh from passing a bill that recognizes Bitcoin as legal tender, lawmakers U.S State Wyoming has pulled off another one.
Cyprus SEC To Regulate Crypto With EU AML Laws
Cyprus SEC To Regulate Crypto With EU AML Laws
20 February 2019, 02:07
Cyprus set to impose EU anti-money laundering (AML) laws on local cryptocurrency-related business. What impact will this have on the ecosystem?
BoJ Report — Should Central Banks Issue National Cryptocurrencies?
BoJ Report — Should Central Banks Issue National Cryptocurrencies?
19 February 2019, 16:53
Researchers at the Bank of Japan (BoJ) review whether central banks should issue national cryptocurrencies.
Will Binance Join the Security Token and Futures Market?
Will Binance Join the Security Token and Futures Market?
19 February 2019, 15:30
Will Binance offer security tokens and cryptocurrency futures contracts? CEO Changpeng Zhao answers.
U.S FBI Shows How To Identify Fraudulent ICOs
U.S FBI Shows How To Identify Fraudulent ICOs
19 February 2019, 13:58
Based on its two-year experience in monitoring ICO schemes, the United States FBI just disclosed how to identify fraudulent projects easily.
Thai Investors Lose $1.2 Million To Fake Mining Site
Thai Investors Lose $1.2 Million To Fake Mining Site
19 February 2019, 09:50
An allegedly fraudulent cryptocurrency mining company has made away with 42 million baht ($1.34 million) worth of investor funds.
Germany's First Step To Possible Crypto Regulation
Germany's First Step To Possible Crypto Regulation
18 February 2019, 20:53
After letting its crypto and blockchain ecosystem exist without regulations for over a decade, German authorities are finally looking to call the new industry to order.
Indian Police Arrest 4 Crypto Crime Suspects — 1 Missing
Indian Police Arrest 4 Crypto Crime Suspects — 1 Missing
18 February 2019, 02:52
Four out of five alleged suspects who duped victims of roughly 1 billion rupees ($17 million) through a fake cryptocurrency—Cashcoin are now under custody.
SEC Begin Countdown For Bitwise Bitcoin ETF Application
SEC Begin Countdown For Bitwise Bitcoin ETF Application
15 February 2019, 15:10
U.S SEC will have 45 days to make its decision on whether to approve, reject or extend its deadline Bitwise's proposed rule change.
Fairfax County Knows Risk of $21 Million Blockchain Investment
Fairfax County Knows Risk of $21 Million Blockchain Investment
15 February 2019, 13:52
Executive says Fairfax’s investment team determined that the expected returns from this investment were in line with the level of risk incurred
Russia's MOJ — No Need For Crypto Legalization
Russia's MOJ — No Need For Crypto Legalization
15 February 2019, 12:26
Russian Minister of Justice, Alexander Konovalov said its too early for the country's legislative arm to define crypto regulation.
Luxembourg Pass Blockchain Regulation Bill
Luxembourg Pass Blockchain Regulation Bill
15 February 2019, 10:46
Luxembourg lawmakers have continued their proactive stance toward the development of blockchain technology by passing a new bill that brings more certainty to companies in the new industry.
Court Reverses Decision Involving SEC and Blockvest
Court Reverses Decision Involving SEC and Blockvest
14 February 2019, 22:40
The ongoing case between crypto startup, Blockvest LLC and the U.S SEC has taken a new turn according to a notice released today by the securities watchdog when court ordered Preliminary Injunction.
SEC Halts ETF Sneaking Bitcoin Futures
SEC Halts ETF Sneaking Bitcoin Futures
14 February 2019, 12:31
The United States Securities and Exchanges Commission (SEC) has asked Reality Shares Advisors to withdraw its clever draft ETF prospectus that included Bitcoin Futures.
Turkish Police Arrest 24 Suspects For $2.3 Million Crypto Crime
Turkish Police Arrest 24 Suspects For $2.3 Million Crypto Crime
14 February 2019, 10:43
The Turkish Police earlier this week arrested 24 suspects allegedly involved in the hack of 3 million Turkish lira ($2.47 million) from an unnamed crypto firm.
Indonesia Oppress Crypto Industry
Indonesia Oppress Crypto Industry
14 February 2019, 10:36
Futures Authorities in Indonesia may still be unhappy with the government’s decision to allow crypto trading and as such are planning to stifle the growth of the emerging industry.
Japan’s Largest Bank To Launch Blockchain Payments System By 2020
Japan’s Largest Bank To Launch Blockchain Payments System By 2020
13 February 2019, 21:39
Mitsubishi UFJ Financial Group (MUFG), the fifth largest bank in the world by assets and Japan’s most prominent financial group wants to have a taste of blockchain technology.
Blockchain Cargo Shipping Trial to get Underway in Russia
Blockchain Cargo Shipping Trial to get Underway in Russia
12 February 2019, 21:34
The potential applications of blockchain technology are gradually becoming too many to number with a new trial involving the landmark innovation now underway in Russia
Two U.S Pension Plans Just Invested a Digital Asset Fund
Two U.S Pension Plans Just Invested a Digital Asset Fund
12 February 2019, 20:21
The cryptocurrency industry is gaining new converts daily, and the latest of them are two major U.S pension plans who put in a majority of $40 million into a digital asset fund by Morgan Creek Digital.
New FSB Chair Wants To Review Crypto Vulnerabilities
New FSB Chair Wants To Review Crypto Vulnerabilities
12 February 2019, 15:00
The Financial Stability Board (FSB) New Chair says they will review standards for assessing how cryptocurrencies will affect financial stability in the future
Newly Proposed ETF Will Sneak Bitcoin
Newly Proposed ETF Will Sneak Bitcoin
12 February 2019, 07:00
Reality Shares To Sneak Bitcoin in Clever ETF proposal filed with U.S SEC
Spain Still Far Away From Crypto Regulation
Spain Still Far Away From Crypto Regulation
11 February 2019, 18:23
A new notice released by Banco De España (Bank of Spain) on February 10, suggests that the country is not ready to regulate the cryptocurrency industry any time soon
Crypto-Friendly SEC Official — ‘Security’ Clarification Is Near
Crypto-Friendly SEC Official — ‘Security’ Clarification Is Near
11 February 2019, 16:26
SEC Commissioner, Hester Peirce has revealed what the SEC will likely do next in its war against ICO tokens.
Moshe Hogeg's Party Denies Fraud Allegations
Moshe Hogeg's Party Denies Fraud Allegations
11 February 2019, 13:33
Lawyers representing Moshe Hogeg issued a denial response to the $4.6 million fraud lawsuit against the Israeli crypto investor.
Texas SSB Shut Down 16 Fraudulent Crypto Projects
Texas SSB Shut Down 16 Fraudulent Crypto Projects
08 February 2019, 15:04
The Texas State Securities Board (SSB) said it sanctioned 16 fraudulent crypto related schemes in 2018 involving 60 different entities.
Leaked — Top SEC Official Says Bitcoin ETF Will Soon Happen
Leaked — Top SEC Official Says Bitcoin ETF Will Soon Happen
08 February 2019, 12:56
After several rejected applications, SEC Commissioner Robert J Jackson Jr says we are we closer than ever to the first approval for a Bitcoin Exchange Traded Fund (ETF) by the U.S SEC.
BakktPlatform.io is Fake
BakktPlatform.io is Fake
07 February 2019, 22:54
A fake platform mimicking the Bakkt Bitcoin Futures Trading platform has seen its cover blown. Bakktplatform.io is a fake Bakkt.
Bank of Korea Warns About CBDC
Bank of Korea Warns About CBDC
07 February 2019, 14:40
Countries hoping to issue a central bank backed digital currency (CBDC) should give it a second thought according to a new report published by the Bank of Korea (BoK).
MCash To Pay Back $6 Million To Chinese Investor
MCash To Pay Back $6 Million To Chinese Investor
07 February 2019, 11:15
Antony Liu and Mengxian Zhang, the men behind MCash token, has been found guilty of duping by a New York district court and ordered to pay $8 Million to Lijun Sun.
Philippines Release STO Regulatory Framework
Philippines Release STO Regulatory Framework
06 February 2019, 16:56
The Philippines has released a regulatory framework to govern the activity of crypto startups who wish to raise money through Digital Asset Token Offering (DATO)
Selling QuadrigaCX May Be Last Option To Settling Debts
Selling QuadrigaCX May Be Last Option To Settling Debts
06 February 2019, 03:00
The lawyers in charge of the court case involving crypto exchange, QuadrigaCX could resort to selling off the business to raise money to pay off victimized users
Indian Committee Fear Crypto May Overtake Fiat
Indian Committee Fear Crypto May Overtake Fiat
04 February 2019, 22:17
One of the reasons why India is yet to roll out a regulatory framework for the cryptocurrency industry is that a committee set up in 2017 to review the matter fears that if the country stops its negative stance toward cryptocurrencies, then interest in the new currency could destabilize the Indian fiat currency, Rupees.
Unstable Venezuela Unveil Crypto Regulatory Framework
Unstable Venezuela Unveil Crypto Regulatory Framework
04 February 2019, 17:53
A breakdown of all the major laws in Venezuela's new crypto regulatory framework released on January 31, 2019.
Bitcoin Is Money in Wyoming
Bitcoin Is Money in Wyoming
04 February 2019, 10:50
Senators in the U.S State of Wyoming has passed a bill that allows the Bitcoin to be classified as money. Now residents can hold Bitcoin freely without paying taxes on its usage.
South Korean Political Party Wants Blockchain
South Korean Political Party Wants Blockchain
04 February 2019, 10:36
Liberty Korea Party (LKP), members have agreed to embrace blockchain technology as a way to achieve digital democracy.
FCA Authorize First Crypto Derivative Firm
FCA Authorize First Crypto Derivative Firm
01 February 2019, 15:38
For the first time, Financial Conduct Authority (FCA) has approved the B2C2's application to offer crypto derivatives to U.K residents
Beware MAC Users; A New Crypto Malware Is in Town
Beware MAC Users; A New Crypto Malware Is in Town
01 February 2019, 14:07
Hackers have created a new malware dubbed CookieMiner with MAC users the primary targets. Here's how the illegal hacker tool steals user data.
CBOE Returns Bitcoin ETF Proposal To SEC
CBOE Returns Bitcoin ETF Proposal To SEC
01 February 2019, 10:50
Chicago Board and Options Exchange (CBOE) has resubmitted the VanEck SolidX Bitcoin ETF proposed rule-change to the U.S Securities and Exchanges Commission (SEC)
We Won't Reverse ICO Ban — South Korea
We Won't Reverse ICO Ban — South Korea
31 January 2019, 22:55
Authorities in South Korea says any hope of reversing its 2017 ban against Initial Coin Offerings (ICOs) will not happen soon because some projects are still non-compliant
Binance Users Can Now Use Credit Cards To Buy Crypto
Binance Users Can Now Use Credit Cards To Buy Crypto
31 January 2019, 22:42
For the first time ever, Binance users can now use their credits card to purchase cryptocurrencies on the platform.
Stolen $11.4 Million IOTA Tokens Found
Stolen $11.4 Million IOTA Tokens Found
31 January 2019, 14:09
Millions of IOTA tokens that were purportedly stolen in January 2018, by a U.K resident is now with European Authorities
Iran To Reverse Crypto Ban
Iran To Reverse Crypto Ban
31 January 2019, 11:24
Iran will likely lift its blanket ban against the use of cryptocurrencies in the country, once its new crypto draft regulation goes into force later this year.
SWIFT Wants R3 Corda Platform For Faster Settlements
SWIFT Wants R3 Corda Platform For Faster Settlements
30 January 2019, 17:04
Global financial messaging service, SWIFT will carry out a proof-of-concept on how the R3 Corda blockchain could help improve its payment settlement process.
Eurasia Wants Crypto Regulation
Eurasia Wants Crypto Regulation
29 January 2019, 20:43
The executive arm of the Eurasian Economic Union (EAEU) known as the Eurasian Economic Commission just released a report on cryptocurrencies and blockchain technology. Plans regulation soon
Marshall Islanders To Get Physical Copies of National Cryptocurrency
Marshall Islanders To Get Physical Copies of National Cryptocurrency
29 January 2019, 13:48
The government of Marshall Islands has partnered with Tangem, to produce physical notes of the SOV national cryptocurrency.
Togacoin Blacklisted By Italian Regulators
Togacoin Blacklisted By Italian Regulators
28 January 2019, 22:28
Togacoin, a crypto project which claims to focus on creating a “new generation of mining operations” has received a warning from the Italian Securities Regulator, Commissione Nazionale per le Società e la Borsa (CONSOB).
KIK VS SEC- Startup Challenge Proposed Regulatory Action
KIK VS SEC- Startup Challenge Proposed Regulatory Action
28 January 2019, 17:03
Kik Interactive Inc. has challenged the U.S Securities and Exchange Commission SEC) to a court case if the regulators impose an enforcement action against their platform.
Top 5 Crime Reports in Crypto This Week
Top 5 Crime Reports in Crypto This Week
28 January 2019, 15:27
In this article, we reveal the top five crime reports in crypto this week with Initial Coin Offerings and the hack of peer-to-peer crypto exchange, LocalBitcoins among the most prominent.
Iran To Release National Cryptocurrency This Week
Iran To Release National Cryptocurrency This Week
28 January 2019, 11:57
Iran will launch its long-awaited cryptocurrency at the two-day Electronic Banking and Payment Systems Conference which begins tomorrow, 29th January.
$8 Million IBCoin Promoters Arrested in Taiwan
$8 Million IBCoin Promoters Arrested in Taiwan
28 January 2019, 00:21
Fifteen men behind IBCoin, a fake cryptocurrency used to dupe over thirty people in Taiwan of up to $8 million, are now under the custody of the Taiwanese Criminal Investigation Bureau (CIB).
LocalBitcoins Hacked
LocalBitcoins Hacked
26 January 2019, 20:26
Peer-to-peer bitcoin exchange, LocalBitcoins, was hacked by an unauthorized source, today Jan 26, resulting in loss of bitcoins held by users on the platform
Bitwise Bitcoin ETF Now Awaits SEC Resumption
Bitwise Bitcoin ETF Now Awaits SEC Resumption
25 January 2019, 20:37
Latest update on the proposed Bitwise Bitcoin ETF shows that its ally, the New York Stock Exchange (NYSE) Arca has submitted a filing pending the resumption of the U.S SEC.
Moshe Hogeg Sued For $4.6 Million Fraud
Moshe Hogeg Sued For $4.6 Million Fraud
25 January 2019, 18:11
Stox Founder Moshe Hegeg is currently facing a $4.6 million lawsuit filed by a Chinese investor, Zhewen Hu at a Tel Aviv District Court on Jan 24.
Europol Arrest $11m Crypto Theft Suspect
Europol Arrest $11m Crypto Theft Suspect
25 January 2019, 13:37
European Union law enforcement agency, Europol has reportedly caught up with a 36-year old British man alleged to be the mastermind of $11 million crypto theft in early 2018
Jamaica Stock Exchange To Add Security Tokens
Jamaica Stock Exchange To Add Security Tokens
24 January 2019, 21:24
After becoming the first national exchange to carry out a cryptocurrency trading pilot on its platform, the Jamaica Stock Exchange (JSE) plans to introduce security tokens to its clients in the next phase.
Unnamed STO Halted in Singapore
Unnamed STO Halted in Singapore
24 January 2019, 13:59
Monetary Authority of Singapore (MAS) said today that it halted an unnamed crypto startup in the country trying to issue a Security Token Offering (STO).
NH Legislators Want Bitcoin For State Payments by 2020
NH Legislators Want Bitcoin For State Payments by 2020
24 January 2019, 10:59
New Hampshire legislators have introduced a bill that will allow state agencies to accept Bitcoin for taxes and fees by 2020
CBOE Withdraws Bitcoin ETF Proposal
CBOE Withdraws Bitcoin ETF Proposal
24 January 2019, 04:06
The CBOE has withdrawn its Bitcoin ETF proposal with the U.S SEC. Once again, hopes dashed as crypto enthusiasts continue to wait for first Bitcoin Exchange Traded Fund (ETF) on a major U.S exchange.
FCA Release Proposed Regulation For Crypto Assets
FCA Release Proposed Regulation For Crypto Assets
23 January 2019, 17:53
For the first time, the U.K Financial Conduct Authority (FCA) has defined Bitcoin and classified all type of cryptocurrencies in existence at this time. The proposed regulations have an April 5 deadline for public comments.
Crypto Exchanges Are Not Money Transmitters - Pennsylvania
23 January 2019, 15:39
The Pennsylvania Department of Banking and Securities (DoBS) have announced that crypto exchange operators do not require a money transmitting license to offer their services to residents. This sets the pace for more business on the exchanges.
BIS Propose Solution After Last The Bitcoin is Mined
22 January 2019, 21:29
What happens after the last bitcoin is mined after 2140? The Bank for International Settlement (BIS) has proposed a new approach that will mean a move away from the Proof-of-work concept currently used on the Bitcoin Network
Ghana SEC Considering Crypto Regulation
22 January 2019, 21:01
Ghana could follow South Africa to become the first regions in the continent to implement regulation for crypto companies. A top official disclosed that studies are already in progress while they are open to suggestions on how to view cryptocurrencies.
The State Of Crypto Regulation In Africa
The State Of Crypto Regulation In Africa
22 January 2019, 14:38
All you need to know about how African nations are regulating cryptocurrencies. Learn how Nigeria, Namibia, Kenya, South Africa and Zimbabwe is regulating cryptocurrency and blockchain technology.
South Africa Release Proposed Crypto Regulation
22 January 2019, 14:29
The South African Reserve Bank (SARB) released a consultation paper on Wednesday, January 16 detailing proposed regulations for companies offering crypto-related goods and services within its territory.
Wyoming To Make Bitcoin A Legal Tender
22 January 2019, 14:01
U.S State of Wyoming will likely make bitcoin a legal tender and allow banks to offer crypto custody if a new bill is approved by legislators this year.
Cabinet Secretariat of Japan Approve Stablecoin
22 January 2019, 13:21
Japan could welcome the first Yen-pegged stablecoin early next year after the Cabinet Secretariat approved Crypto Garage's Application to carry out a proof-of-concept
A New Report By OECD Centres on ICO Regulation
20 January 2019, 17:37
Authorities in different parts of the world are defining their framework for regulating Initial Coin Offerings, but such an approach will lead to disparity in the long run according to a new document released on January 15, by the Organisation for Economic Cooperation and Development (OECD).
Stock Exchange Of Thailand Wants Crypto License
20 January 2019, 01:11
The Stock Exchange of Thailand (SET) wants to start offering clients trading in digital assets before the end of this year and, for this reason, will apply for a digital asset operating license from the Thai Finance Ministry.
Grant Thornton LLP Confirms USDC is Backed
20 January 2019, 00:23
An attestation report released on Wednesday by the professional auditing firm, Grant Thornton LLP, confirmed that crypto startup Circle had enough fiat reserves to back the total supply of its USDC stablecoin at the end of 2018.
The First Regulated Crypto Exchange Launched in Belarus
19 January 2019, 20:41
Currency.com, a regulated crypto exchange based in Belarus on Tuesday announced the release of its new platform that will allow traders to buy and sell tokenized securities
Former Russian President Medvedev Says It's Soon To Bury Crypto
17 January 2019, 16:13
Former Russian President and current Prime Minister, Dmitry Medvedev told the audience gathered at the Gaidar forum earlier this week, that the current bearish market performance is not a reason to write cryptocurrencies off.
SEC Database EDGAR Hacked By Ukrainian
16 January 2019, 20:59
The U.S SEC on Tuesday charged two Ukrainian natives, Oleksandr Ieremenko, 26, and Artem Radchenko, 27 as well as eight other stock traders for an alleged insider trading that took place in 2016. Ieremenko and Radchenko hacked into the SEC’s corporate filing system known as Edgar and made away with “market-moving corporate earnings news” that should not be made public profiting up to $4.14 million during that period
Crypto Shouldn't Be Regulated by Securities Law – Former Congressman
16 January 2019, 16:12
The former Washington D.C Rep George Nethercutt pointed the finger at the U.S Securities Exchanges Commission (SEC) for their decision to apply securities law to cryptocurrencies
Russian Parliament Set To Discuss Crypto Bill Within Next 2 Months
15 January 2019, 21:23
Chairman of the State Duma Committee on Financial Market Anatoly Aksasov disclosed that the proposed crypto draft bill will be discussed by the lower chamber of the Russian Parliament sometime in February and will include laws about crowdfunding and investment in the industry.
Spanish Regulators Mark 23 Forex and Crypto Sites
15 January 2019, 20:53
The Spanish National Securities Market Commission (CNMV) has updated their blacklist of warned crypto websites
Cricket South Africa Twitter Promoted BTC Scams
15 January 2019, 20:04
The official Twitter account of South Africa’s national cricket organization (CSA) was compromised and came under the control of scammers for more than five hours.
STOs Coming To EOS After FSP Launch
14 January 2019, 16:34
This weekend, e-trading systems developer, Ed Silantyev announced the rollout of his Financial Securities Protocol (FSP) which will make it possible for the EOS blockchain to host and facilitate security token creation and transactions.
South Korea Implements Crypto Tax Break
14 January 2019, 08:42
South Korea's amended tax law stipulates that any company innovating with specific technologies such as blockchain will be entitled to some tax deductions. The deductions will be from the company's research and development (R&D) expense and will vary in value depending on the size of the business.
Italy Sets Up Advisory Board of 30 Experts
13 January 2019, 20:28
The Italian Ministry of Economic Development released a list of 30 experts from several industries that will become part of a newly created blockchain advisory board. The new board is expected to identify essential public and private sectors where blockchain technology could be adopted within the nation's economy to a significant effect.
Indian Banks Add “No Crypto” to Terms and Conditions
12 January 2019, 22:12
A Twitter update from an Indian crypto enthusiast confirmed that Kotak Mahindra Bank and some other institutions are guilty of adopting stricter measures to discourage crypto adoption.
China Releases Guidelines For Blockchain Companies
12 January 2019, 12:28
China will likely rescind its ban on cryptocurrencies sometime in the future and pursue the regulatory approach that has worked for countries such as Malta, Switzerland, and Belarus.
Fake Coinbase Scam Promoted by FEB twitter
11 January 2019, 20:15
Hackers targeting unsusceptible crypto users were at it again on Wednesday, this time hijacking the official Twitter account of the Federation of Enterprises in Belgium (FEB) and turning it into a fake Coinbase promotion account.
Fineqia International To Issue Tokenized Bonds On Ethereum
11 January 2019, 15:36
Fineqia International Inc., a crypto startup that wants to issue and clear tokenized bonds using the Ethereum blockchain announced on Thursday that is has taken a significant step in achieving that objective.
EBA and ESMA call for crypto reguations in EU
EBA and ESMA call for crypto reguations in EU
11 January 2019, 07:37
Tthe European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) issued separate reports this week, urging the European Commission to provide rules for cryptospace.
Venezuela Wants To Tax Crypto
10 January 2019, 21:05
Venezuela has joined the list of nations collecting taxes for cryptocurrency and foreign operations according to a new directive. Individuals and businesses who carry out transactions by using cryptocurrencies or foreign fiat are required to report their income and pay taxes in the same currency that they used for the operation.
Thai SEC Approves Four Exchanges
10 January 2019, 20:21
The Thailand Securities and Exchanges Commission (SEC) has continued its recent effort to provide clarity to the country’s crypto ecosystem. On Tuesday, the regulatory body announced its decision about seven crypto-related firms that applied for a license to operate within their jurisdiction.
Japan Targets Fresh Regulation For Unregistered Crypto Investment Schemes
09 January 2019, 11:38

Like Belgium and the rest of the world, Japan has had its fair share of fraudulent cryptocurrency investment schemes in recent times but will move to stop the rise of such projects by amending its laws.

Australia Freezes BitConnect Promoter's Assets
08 January 2019, 11:18
A little less than one year after BitConnect, a cryptocurrency based Ponzi scheme was busted, its chief representative, John Biggaton is facing a fresh Federal Court case filed by the Australian Securities and Investments Commission (ASIC).
First Crypto Tax Force Appears In New York
07 January 2019, 23:28
The cryptocurrency industry has once again come to spotlight in New York, with the state now arguably holding the record for creating the country's first crypto tax force. A New York State Assemblyman and the Chairman of the subcommittee on the internet and new technologies, Clyde Vanel, confirmed the latest development via a Facebook update.
Texas Releases Supervisory Memorandum For Crypto
07 January 2019, 22:24
Crypto-related businesses operating within the Southern U.S State of Texas will enjoy some regulatory certainty at the turn of the new year. The region’s department of banking on Jan. 2, released a piece of a document explaining their stance on the new-asset class.
Colorado Senate Could Exclude Crypto From Securities
07 January 2019, 14:33
The bill called the “Colorado Digital Token Act” seeking the exemption of cryptocurrencies from securities law has been submitted for review by the Colorado Senate and could gather momentum in the coming months.
JVCEA is to regulate crypto in Japan
28 December 2018, 13:03
The Japan Virtual Currency Exchanges Association (JVCEA), a group created in April 2018 by cryptocurrency exchange operators in Japan to bring clarity to the industry has achieved a new milestone.
Blockchain Experts in Nigeria Call For Crypto Regulation
27 December 2018, 15:53
Blockchain and cryptocurrency experts in Nigeria has continued their call for regulation of the emerging industry. In a recent meeting organized by crypto exchange, Luno, the enthusiasts reflected mostly on what has been a fruitful beginning for the African crypto industry and looked forward to what is needed to enlarge the coast.
India Likely To Legalize Cryptocurrencies In 2019
26 December 2018, 07:46
The top Indian official who was quoted anonymously by the news source is said to belong to an interdisciplinary committee appointed in 2017, by the Indian Government. This body is primarily tasked with deciding whether the nation will legalize cryptocurrencies or continue with the outright ban which they have placed on it till date.
UPbit Executives Defend Latest Fraud Indictment By Prosecutors
24 December 2018, 21:03
Two senior staff including the founder of UpBit Chi-Hyung was recently charged by the Prosecutors’ Office of the southern district of Seoul in South Korea for alleged fraudulent activities that happened on their exchange late last year.
Prometheum Seeking SEC Compliance Gets $12 Million in Funding
24 December 2018, 16:23
Prometheum, a crypto project that wants to fulfill the SEC’s requirement for issuing security tokens in the U.S had reportedly secured a $12 million investment last week, and now eyes the development of their blockchain network in 2019.
UAE Targets Mid 2019 For ICO Regulation
24 December 2018, 07:41
The United Arab Emirates (UAE) will soon add its name to the list of world regions to have provided regulatory certainty for Initial Coin Offerings (ICOs). The legislative piece is expected to arrive before mid-year in 2019 to provide startups with an alternative source of crowdfunding for their businesses.
The UK Financial Conduct Authority Steps Up Plan To Regulate Crypto-assets
22 December 2018, 16:48
The United Kingdom (U.K) will soon add its name to the list of world jurisdictions that have provided regulation for cryptocurrencies
Facebook Is Developing A Stablecoin For WhatsApp Money Transfers
21 December 2018, 16:48
Facebook.Inc will make its first mark in the payment sector by creating a stablecoin that will enable users on their encrypted messaging platform, WhatsApp, to send money.
The US Congressmen Propose “Token Taxonomy Act” To Rescue ICOs From SEC's ‘Security’ Definition
21 December 2018, 08:54
The US Reps Warren Davidson and Darren Soto have followed up on their promise to provide a clear regulatory framework for the country's crypto industry, by releasing a new bill to the House
French Parliament Rejects Proposal To Make Crypto Taxes Favourable To Traders
20 December 2018, 08:45
Tthe lower house of the French parliament refused to approve four changes around crypto taxation laws that were proposed for the country’s 2019 finance bill.
FSMA blacklisted 113 crypto trading sites
FSMA blacklisted 113 crypto trading sites
19 December 2018, 23:14
On Tuesday, Belgium’s Financial Services and Markets Authority (FSMA) added 14 websites to its blacklist of scam crypto sites, bringing the total number of website addresses on the list to 113
Bitsurge and Green Energy Certificates Marked As “Fake”
18 December 2018, 17:30
The Commissione Nazionale per le Società e la Borsa (CONSOB), a regulatory body for the Italian securities market has caught up with two allegedly fraudulent crypto investment schemes - Bitsurge Token and Green Energy Certificates.
Japan's FSA Separates Virtual Currencies From Legal Tenders To Avoid Confusion
18 December 2018, 06:54
Japan FSA purportedly agreed to replace the term “virtual currencies” with “crypto-assets” in their future regulatory frameworks for the emerging industry.
Does Tether Ltd. Have Enough Cash Reserve?
18 December 2018, 06:47
New York-based publication Bloomberg claims to have found a document which could answer one of the most recurring questions in the crypto industry - whether Tether Ltd., the company issuing the USDT stablecoin has enough cash reserves to back the 1.8 billion tokens currently in circulation.
Africa's First Security Framework Arrives Courtesy of Raise and A&K Law Firm
Africa's First Security Framework Arrives Courtesy of Raise and A&K Law Firm
17 December 2018, 23:32
The African continent has taken a significant step towards making their mark in the future. Late last week, tech startup Raise, and a Kenyan law firm known as Anjarwalla & Khanna (A&K) collaborated to release Africa's first security token framework.
Some ICOs Can Legally Defy SEC Laws — SEC
Some ICOs Can Legally Defy SEC Laws — SEC
17 December 2018, 23:08
Despite the ongoing regulatory clampdown against ICOs for failing to comply with securities law, SEC's senior advisor for digital assets, Valerie A. Szczepanik has confirmed that there are certain situations where tokens could be free from their oversight.
Russia Will Not Make Significant Changes To Draft Crypto Regulations
15 December 2018, 12:41
Ahead of the release of crypto regulations in Russia, deputy prime minister Maxim Akimov has revealed that what will come off as the final piece will not be so different from the draft bill which was approved by the Parliament in May.
South Korea Crypto Exchanges Unite To Improve Ecosystem
14 December 2018, 20:04
The South Korean crypto industry is in line for significant growth in the coming months after local exchanges agreed to collaborate to good effect. The partnering exchanges include Bithumb, Coinone, Korbit, UpBit, Gopax, Coinplug, and Hanbitco who will now work toward the creation of a sound cryptocurrency ecosystem in the country.
Dutch Crypto Exchanges and Wallets To Come Under New AML/CTF Regulations
14 December 2018, 06:27
Cryptocurrency exchanges and wallet providers based in the Netherlands will come under new EU banking regulations proposed in a draft rule by the country’s Ministry of Finance on Dec 11.
Why is Basis Stablecoin Project Shutting Down?
13 December 2018, 19:59
Anonymous sources revealed that the Basis stablecoin would stop operations and return a majority of the $133 million funds it received from early investors such as Bain Capital Ventures and Andreessen Horowitz.
France Could Become ‘Blockchain Nation’ With $569m Proposed Budget
13 December 2018, 06:39
French MPs Jean-Michel Mis and Laure de La Raudière had written a report requesting that the French Government release €500,000,000 ($569m) for the development of state-level blockchain infrastructure within the next three years.
AriseBank’s executives settled SEC charges for $2,5 m.
AriseBank’s executives settled SEC charges for $2,5 m.
12 December 2018, 22:57
According to SEC press-release CEO Jared Rice Sr. and COO Stanley Ford “were accused of offering and selling unregistered investments in their purported “AriseCoin” cryptocurrency by depicting AriseBank as a first-of-its-kind decentralized bank offering a variety of services to retail investors.” and settled for $2,5 million.
CFTC Calls For Public Comments To Improve Their Understanding of Ethereum Blockchain
CFTC Calls For Public Comments To Improve Their Understanding of Ethereum Blockchain
12 December 2018, 14:47
The U.S Commodities and Futures Trading Commission (CFTC) has picked interest in digital assets in recent times and now wants to know more about Ethereum blockchain operates.
SEC Chairman Calls ICO An Effective Fundraising Model
SEC Chairman Calls ICO An Effective Fundraising Model
11 December 2018, 21:45
Jay Clayton made the declaration while speaking to the audience at the SEC Progress Review event for 2018. He admitted, “I believe that ICOs can be effective ways for entrepreneurs and others to raise capital.”
Blockchain Startups Get $100,000 Funding From UNICEF
Blockchain Startups Get $100,000 Funding From UNICEF
11 December 2018, 21:17
Six blockchain startups have been awarded $100,000 by the United Nation’s International Children Emergency Fund (UNICEF) according to a press release by the organization on Monday.
Stablecoin Adoption Is Up 1032% in November
Stablecoin Adoption Is Up 1032% in November
11 December 2018, 17:28
A 1032% increase in the stablecoin usage was posted in November while transactions involving the fiat-pegged cryptocurrencies kissed the $2.3 billion mark. The Paxos Standard which now has a market cap of $93 million was one of the most successful stablecoins with $1.8 billion posted on Ethereum transactions.
Bitcoin For Taxes And Utility Offered By The UK Parliament
Bitcoin For Taxes And Utility Offered By The UK Parliament
10 December 2018, 22:49
Eddie Hughes, a Conservative Member of the U.K Parliament representing Walsall North, has recently suggested the introduction of Bitcoin as a payment option for taxes and utility bills in the region.
SEC Delay Bitcoin ETF Decision For The Last Time
SEC Delay Bitcoin ETF Decision For The Last Time
10 December 2018, 20:34
A document released by the US SEC last week confirmed that a decision on an application for such a derivative filed by fund manager VanEck and blockchain startup SolidX had been delayed for the third and final time until Feb. 27, 2019
CoinAlpha Advisors Fined $50,000 By SEC
CoinAlpha Advisors Fined $50,000 By SEC
10 December 2018, 18:36
The U.S Securities and Exchanges Commission (SEC) has compelled CoinAlpha Advisor LLC, a crypto fund manager to pay $50,000 in fines for carrying out an unregistered securities sale to investors.
Warren Davidson Promise Crypto And ICO Regulation For The US
09 December 2018, 18:08
U.S Congressman Warren Davidson has raised hopes of crypto regulations coming to the US after making a promise to introduce a bill that makes cryptocurrencies an “asset class”
Malta Leads Seven EU Countries To Blockchain Technology
09 December 2018, 06:15
According to reports from the Financial Times, transport ministers from, France, Italy, Cyprus, Portugal, Spain, and Greece have joined Malta to sign a declaration that will promote the use of Distributed Ledger Technology such as blockchain in their countries.
Homeland Security To Monitor Privacy Coins
08 December 2018, 14:55
A pre-solicitation notice published by the U.S Department of Homeland Security has shown that the agency needs a solution that can help them analyze blockchain transactions, especially those carried out on privacy-focused cryptocurrencies like Monero and Zcash.
Japan To Reduce Crypto Tax Evasion
08 December 2018, 12:19
Japanese National Tax Agency (NTA) targets residents who make significant profits from crypto trading and refuse to pay the relevant taxes with new crypto tax regulations that will be introduced in 2020.
What's New In Singapore ICO Guidelines
What's New In Singapore ICO Guidelines
07 December 2018, 02:58
The Monetary Authority of Singapore (MAS) has reportedly added a new piece of regulation to the original draft. In the newly updated draft rule, the MAS stipulates how everyone involved in the ICO cycle should observe Anti Money Laundering (AML) and Counter of Financial Terrorism (CFT) strategies
Russian bank Offers Crypto Assets in Switzerland
Russian bank Offers Crypto Assets in Switzerland
07 December 2018, 00:40
Gazprombank (Switzerland) LTD, subsidiary of Russian State-Owned Bank has established a partnership with fintech startup Avaloq and Metaco, crypto-asset custody infrastructure provider (10% owned by Metaco). As Avaloq press-release reports, “The aim of this product innovation is to provide banks and wealth managers with a fully integrated solution for the management of client portfolios across all asset classes including cryptocurrencies”.
Harbor Launch Platform For Securities Tokenization
Harbor Launch Platform For Securities Tokenization
05 December 2018, 20:55
With asset tokenization now a trend in the crypto industry, US-based blockchain startup Harbor has announced the launch of an institutional grade securities tokenization platform. Harbor has listed its first client on their platform, a tokenized real estate investment trust (REIT) from Chicago-based Convexity Properties.
Signature Bank's Virtual Currency Approved By NYDFS
Signature Bank's Virtual Currency Approved By NYDFS
05 December 2018, 09:43
New York-based Signature Bank has secured approval from the State Department of Financial Services to issue a virtual currency known as “Signets” to its customers.
Advantages Of Blockestate's Tokenized Real Estate Fund
Advantages Of Blockestate's Tokenized Real Estate Fund
04 December 2018, 21:06

BlockEstate is a US-based private real estate fund issuing private equity in the form of security tokens through our partner Polymath Network based in Toronto Canada. $50 million is being raised on CoinList’s TSM platform for BlockEstate’s Alpha fund to acquire real estate assets with the goal of achieving a net IRR of 12-20%. BlockEstate’s first Alpha fund is designed for international investors (Non-US persons under Reg S) looking to penetrate the US real estate market while mitigating traditional tax burdens. BlockEstate is currently planning a second fund designed for the benefit of US accredited investors.

No STOs In Beijing
No STOs In Beijing
04 December 2018, 20:48
Security Token Offerings (STOs) may be booming anywhere else in the world right now, but not in Beijing where the chief Municipal Bureau of Finance, Huo Xuewen has issued a warning against the fundraising model. While speaking to an audience at a wealth management congress at the weekend, Xuewen explained that it was “illegal” to conduct an STO in Beijing.
G20 To Align Crypto Regulations With FATF
G20 To Align Crypto Regulations With FATF
03 December 2018, 16:25
At a just-concluded G20 Summit held in Buenos Aires, Argentina, the body announced as part of its written declaration that they “will regulate crypto-assets for anti-money laundering and countering the financing of terrorism in line with FATF standards and we will consider other responses as needed”.
November 26 - December 2 Weekly Recap
November 26 - December 2 Weekly Recap
02 December 2018, 22:00

We've come to the end of another busy week for the digital asset industry with one more country, Malaysia, announcing a Q1 2019 target for releasing a regulatory framework for crypto space.

Thailand Regulators Not Sure How To Classify STOs
Thailand Regulators Not Sure How To Classify STOs
02 December 2018, 17:05
The Thai Securities and Exchanges Commission (SEC) has successfully come up with a regulatory framework for ICOs, but according to the agency's deputy secretary, some uncertainty still exist on how to group security token offerings (STOs).
Belarus Approves Full Regulatory Framework For Cryptocurrencies
Belarus Approves Full Regulatory Framework For Cryptocurrencies
02 December 2018, 12:12
The European nation has become the latest to roll out regulation for the crypto industry following signed documents released by a special unit in the country know as Belarus High-Technologies Park (HTP)
Dubai To Implement STO Regulations By Q1 2019
Dubai To Implement STO Regulations By Q1 2019
02 December 2018, 06:47
According to Jason King, a managing partner of the Dubai-based firm, Connected Global Strategies (CGS), the country’s regulators have already paved the way for STOs to thrive in the region by creating a regulatory framework for STOs . The government launched the Dubai Blockchain Strategy earlier this year and had sights set on making "Dubai the first city fully powered by Blockchain by 2020".
Malaysia To Introduce Crypto Regulation By Q1 2019
Malaysia To Introduce Crypto Regulation By Q1 2019
01 December 2018, 17:15
Malaysian Finance Minister Lim Guan Eng confirmed that the Securities Commission is working towards finalizing the regulatory framework which is started developing in early 2018. The regulation is expected until the first quarter of 2019.
Blockvest Claims Preliminary Victory Over SEC Claims
Blockvest Claims Preliminary Victory Over SEC Claims
30 November 2018, 22:32
The U.S Securities Exchanges Commission (SEC) has met its first federal opposition in the recent crackdown against ICO projects. According to law.com, a San Diego District Judge, Gonzalo Curiel denied a request for a preliminary injunction by the SEC against the issuers of Blockvest ICO tokens.
SEC Fines Mayweather and Dj Khaled For Promoting ICO
SEC Fines Mayweather and Dj Khaled For Promoting ICO
30 November 2018, 21:26
For promoting Centra ICO and failing to comply with securities law, the U.S SEC fined Floyd Mayweather to pay $300,000 in disgorgement, $300,000 as a penalty and $14,755 in interests. Dj Khaled faces a more favorable penalty with $50,000 to be paid for disgorgement, $100,000 as a penalty and $2725 in interest.
Bitcoin Wallets Sanctioned By OFAC
Bitcoin Wallets Sanctioned By OFAC
30 November 2018, 08:36
Ali Khorashadizadeh and Mohammad Ghorbaniyan, the men collaborating with a crypto-targeted ransomware attack have been sanctioned by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC). For the first time in an OFAC sanction notice, the release included the bitcoin wallet addresses.
CFTC will subject smart contracts to Commodity Exchange Act CEA and AML
CFTC will subject smart contracts to Commodity Exchange Act CEA and AML
30 November 2018, 05:21
The research arm of the U.S Commodity Futures Trading Commission (CFTC) known as LabCFTC has published a new guide about smart contracts. CFTC will subject smart contracts to laws such as the Commodity Exchange Act (CEA) and anti-money laundering (AML) rules
Nasdaq And VanEck Unite To Launch Bitcoin Futures
Nasdaq And VanEck Unite To Launch Bitcoin Futures
30 November 2018, 00:55
VanEck will use its digital asset pricing indices called MVIS to complement Nasdaq SMARTs Market Surveillance system in the development phase of the Bitcoin Futures contract. However, It is yet to be known whether returns on the contract will be physically-settled (paid in BTC) or backed with cash.
Pro Crypto and Blockchain Candidate in Nigerian Presidential Elections
Pro Crypto and Blockchain Candidate in Nigerian Presidential Elections
29 November 2018, 02:32
Atiku Abubakar, former vice-president of Nigeria, has stated that if he eventually wins the 2019 presidential election he is to create regulations that will make blockchain technology and cryptocurrencies thrive in the African region
Nasdaq To Launch Bitcoin Futures in Q1 2019
Nasdaq To Launch Bitcoin Futures in Q1 2019
28 November 2018, 19:41
Nasdaq “has been working to satisfy the concerns of the U.S.’s main swaps regulator, the Commodity Futures Trading Commission [CFTC]" and may Launch Bitcoin Futures contract in 2019
SEC Chairman: Almost All ICOs Are Non-compliant
SEC Chairman: Almost All ICOs Are Non-compliant
28 November 2018, 15:33

The recent clampdown on ICOs is not expected to end soon after the U.S SEC Chairman; Jay Clayton told CNBC reporters that the regulators’ definition of Initial Coin Offerings ICOs) remain the same and projects who fail to meet up to their requirements will still be considered “non-compliant.”

Ohio Accepts Bitcoin For Taxes
Ohio Accepts Bitcoin For Taxes
28 November 2018, 12:53
The tax agency of U.S State Ohio has opened up a portal that allows businesses to pay off any percentage of their taxes using Bitcoin. The gateway is Ohiocrypto.com and people could start using them for paying anything ranging from employee withholding tax to sales tax.
Smart Contracts May Not Be SEC Compliant
Smart Contracts May Not Be SEC Compliant
28 November 2018, 12:20
Speaking to a crypto publication, CryptoBriefing, Ben Wilkening, Director of Strategic Partnerships at Token IQ reckoned that many ICO projects do not know that they are not meeting up to a specific SEC law.
MasterDAX Adds STO Function
MasterDAX Adds STO Function
27 November 2018, 20:19
MasterDAX is a 100% source code technology developed by Digital China Group that allows to build their crypto exchange will now support security token offerings (STOs) integration
Uganda To Regulate Cryptocurrencies
Uganda To Regulate Cryptocurrencies
27 November 2018, 19:08
The Ugandan Minister of Finance, David Bahati told fellow lawmakers that a Nation Payment System Bill which will provide cover for cryptocurrencies had been drafted. The said draft proposal have gotten approval from the country's Cabinet and should hit the floor of the parliament by next month
Gibraltar Blockchain Exchange (GBX) Granted Regulatory License
Gibraltar Blockchain Exchange (GBX) Granted Regulatory License
26 November 2018, 20:15

The Gibraltar Blockchain Exchange (GBX) a subsidiary of the Gibraltar Stock Exchange (GSX), has been licensed by the Gibraltar Financial Services Commission (GFSC) as a “DLT services provider.

November 19-25 weekly recap
November 19-25 weekly recap
26 November 2018, 11:00

St.market.co Weekly Round Up

Circle’s Stablecoin (USDC) Reserves Confirmed By Accounting Firm
Circle’s Stablecoin (USDC) Reserves Confirmed By Accounting Firm
24 November 2018, 12:18
USDC - stablecoin issued by Circle has been audited by Grant Thornton LLP. The coin is backed 1:1 by the US Dollar with total amount of USD in custody equal $127,412,240.89 as of October 31.
French Tobacco Stores Selling Of BTC Not Endorsed By Central Bank
French Tobacco Stores Selling Of BTC Not Endorsed By Central Bank
24 November 2018, 11:25
From Jan 1 of 2019, around 4000 French Tobacco stores will get a license to start selling Bitcoin Vouchers issued by KerplerK. French central bank issued a notice that the project was not approved by them but by the ACPR
Colorado Division of Securities Shuts Down 4 ICOs
Colorado Division of Securities Shuts Down 4 ICOs
23 November 2018, 21:48
Colorado Division of Securities Shuts Down 4 ICOs and crypto projects: Credits LLC, Crowdshare Mining, Global Pay Net and CyberSmart Coin Invest
Fraudulent ICO with ties to Russia Hit With Cease-and-Desist Order in North Dakota
Fraudulent ICO with ties to Russia Hit With Cease-and-Desist Order in North Dakota
22 November 2018, 18:50
North Dakota securities regulators have haunted down the Union Bank Payment Coin (UBPC) impersonating a Union Bank AG, a commercial bank based in Liechtenstein
The US DOJ Probes Tether Over Bitcoin Pump in 2017
The US DOJ Probes Tether Over Bitcoin Pump in 2017
22 November 2018, 17:05
Following BTC’s recent decline, the U.S Department of Justice has reportedly opened a probe into whether Tether and Bitfinex used USDT issuance to manipulate crypto market prices and pump Bitcoin in December 2017
Indian Banks To Benefit From New DLT Pilot By SWIFT India and Fintech Firm Moneta Go
Indian Banks To Benefit From New DLT Pilot By SWIFT India and Fintech Firm Moneta Go
22 November 2018, 14:30
The Indian banking ecosystem is expected to improve after SWIFT India partnered with fintech firm, MonetaGo to pilot a new Distributed Ledger Technology (DLT) network
Why Was Bakkt Bitcoin Futures Launch Postponed - Again?
Why Was Bakkt Bitcoin Futures Launch Postponed - Again?
21 November 2018, 23:39

A proposed Bitcoin Futures contract by a crypto startup, Bakkt, has been postponed once again according to a notice by the Intercontinental Exchange (ICE), where the offering is expected to be rolled out. Sadly, this is the third postponement since the futures contract was first announced.

Singapore’s Central Bank Amends Regulations To Include Bitcoin And Ethereum
Singapore’s Central Bank Amends Regulations To Include Bitcoin And Ethereum
21 November 2018, 16:23
The Monetary Authority of Singapore (MAS) is expands Payment Services Bill guiding digital payment providers while directly bringing major cryptocurrencies Bitcoin and Ethereum under its watch
Indian Policy on Virtual Currencies Expected Early 2019
Indian Policy on Virtual Currencies Expected Early 2019
21 November 2018, 04:15
Indian will become among the world’s first governments to release draft of cryptocurrencies, ICOs and STOs regulations in early 2019 by Central Bank of India
US Government Runs To Blockchain and DLT For Public Security
US Government Runs To Blockchain and DLT For Public Security
21 November 2018, 01:05
The U.S Department of Homeland Security (DHS) called for developers who can build or are building blockchain-based DLT solutions that can improve the level of security
Institutional Crypto Investment in Israel Lifted With Two New Funds
Institutional Crypto Investment in Israel Lifted With Two New Funds
20 November 2018, 23:31
An Israeli-based crypto investment firm, Silver Castle Ltd has launched two new tokenized crypto funds that will attract more institutional investors to the industry
France Will Introduce Regulations to Make ICOs Pay Taxes
France Will Introduce Regulations to Make ICOs Pay Taxes
20 November 2018, 19:17
France is going to introduce taxes for ICOs. French regulators will screen team behind an ICO and ensure that the startup can pay back investors if their project fails
First Crypto Exchange Traded Product (ETP) Goes Live In Switzerland
First Crypto Exchange Traded Product (ETP) Goes Live In Switzerland
20 November 2018, 01:23
Swiss regulator approved trading of 'HODL' cryptocurrency index fund, issued by a crypto startup Amun AG. SIX Swiss exchange, the fourth largest stock exchange in Europe, will trade 'HODL' index fund in form of ETP (exchange traded product), the analog of Bitcoin ETF
$225m Worth of Real Estate Assets to Be Tokenized
$225m Worth of Real Estate Assets to Be Tokenized
19 November 2018, 21:11

Security token offering startup, Blockchain App Factory, has reportedly landed a contract to tokenize real estate assets worth roughly $225 million. The startup revealed that the project belongs to three different real estate companies who are looking to raise funds for their project through the security token offering (STO) model.

Founder of U.S First ICO Fraud Case Pleads Guilty
Founder of U.S First ICO Fraud Case Pleads Guilty
19 November 2018, 19:29

Maksim Zaslavskiy, the mastermind behind the first case of fraudulent ICO in the U.S has told a court in the Eastern District of New York (Brooklyn), that he is guilty of the offense.

November 12-18 weekly recap
November 12-18 weekly recap
19 November 2018, 10:00

To wrap up this week’s round of news reports, here is a quick review of the biggest headlines around cryptocurrencies, security tokens, and blockchain technology.

Herman Gref Says Blockchain For Industries Now 1-2 Years Away
Herman Gref Says Blockchain For Industries Now 1-2 Years Away
18 November 2018, 23:17

Anyone thinking that industrial blockchain technology adoption is still going to take a long time must be mistaken according to comments made by Herman Gref, CEO of Russian Bank, Sberbank.

Bitcoin.de Buys Over Trading Bank in Germany
Bitcoin.de Buys Over Trading Bank in Germany
16 November 2018, 17:50
Bitcoin.de, the only regulated crypto exchange in Germany, has announced a 100% acquisition of German bank, Tremmel Wertpapierhandelsbank GmbH
Iran Partners With Russian Blockchain Counterparts To Build Crypto Economy
Iran Partners With Russian Blockchain Counterparts To Build Crypto Economy
16 November 2018, 14:55

Iran will rely on a new partnership signed with Russian blockchain experts in other to build a strong blockchain and crypto industry.

Q Exchange Marked Unsafe By Thai SEC as Crypto Regulation Begins
Q Exchange Marked Unsafe By Thai SEC as Crypto Regulation Begins
15 November 2018, 17:39

A crypto exchange called Q Exchange has been marked unsafe by the Thai SEC in a press release dated Tuesday, Nov 13.

SEC Annual Report Sets Standard For ICOs
SEC Annual Report Sets Standard For ICOs
15 November 2018, 15:40

The US Securities and Exchanges Commission (SEC) has released its annual report for the fiscal year 2018, and unsurprisingly a more significant portion of the release focused on ICOs.

Ripple prepares to fight a lawsuit in federal court
Ripple prepares to fight a lawsuit in federal court
15 November 2018, 05:08

An ongoing lawsuit between Ripple Labs and investors who labeled XRP as a ‘security’ token, has been moved to a Federal Court according to reports by a financial news agency, Unbnked.

Iran plans to launch crypto-rial after SWIFT disconnection
Iran plans to launch crypto-rial after SWIFT disconnection
14 November 2018, 01:14

The Central Bank of Iran (CBI) has increased their efforts to release a state-backed digital currency in the wake of a ban from Global financial messaging service, SWIFT.

IMF Pledge To ‘Devote Attention’ To Blockchain Technology
IMF Pledge To ‘Devote Attention’ To Blockchain Technology
13 November 2018, 22:07

The International Monetary Fund (IMF) will continue to keep a close eye on the development of blockchain technology according to Deputy General Counsel, Ross Leckow.

Nigeria Crypto Community Calls Out For Regulation
Nigeria Crypto Community Calls Out For Regulation
13 November 2018, 17:54

Just like many nations around the world, the central government of Nigeria and the country’s premier bank have not enforced any regulation for the new industry.

Bitstraq, Malta exchange launches security tokens trading with VFA License
Bitstraq, Malta exchange launches security tokens trading with VFA License
13 November 2018, 12:51

Having become one of the first VFA Class 4 licensed crypto exchanges in ‘blockchain island’ Malta, Bitstraq is now eyeing the introduction of a security token trading platform for its clients.

Fake News: China Has Not Reversed Cryptocurrency Ban
Fake News: China Has Not Reversed Cryptocurrency Ban
11 November 2018, 23:37

Fake news has been going round in the past 24 hours after a crypto news publication site reported that the Chinese government reversed a crypto ban imposed in 2017. The fake news report has the title - China Lifts Bitcoin Ban; Individuals and Businesses Can Now Own Cryptocurrencies Legally.

Thailand SEC Will List First ICO on it's 'Portal' Before Year End
Thailand SEC Will List First ICO on it's 'Portal' Before Year End
10 November 2018, 13:50

The Thailand Securities Exchanges Commission is stepping up plans to unveil at least one “ICO Portal” before the end of this month, and according to a Bangkok Post report, the agency wants to list some ICOs on the portal by December.

Russian Parliament toys with crypto ruble idea
Russian Parliament toys with crypto ruble idea
09 November 2018, 15:07

Any plans to launch a stablecoin backed 1:1 by the native Russian currency, Ruble, is still only a ‘fantasy’ according to the state Chairman who raised the dust while speaking at a press conference last week. In a more recent update, he shared his thoughts on what could happen if the country decides to create a stablecoin.

EtherDelta founder fined by SEC
EtherDelta founder fined by SEC
08 November 2018, 23:07

The U.S Securities and Exchanges Commission has charged and heavily fined, Zachary Coburn, for setting up a digital trading platform that allows traders to buy and sell tokens that have been marked as 'securities’ by the regulators.

Digital shekel will not be issued
Digital shekel will not be issued
08 November 2018, 20:42

Israel will not be joining the list of countries to issue a Central Bank backed Digital Currency (CBDC), at least not for the meantime. A report released earlier this week by the Bank of Israel warned that a move in that direction should not be made after carefully studying the matter for nearly a year.

Dubai Now Has Its First Registered Crypto Exchange
Dubai Now Has Its First Registered Crypto Exchange
08 November 2018, 20:21

Dubai UAE, one of the world’s most developed cities has just welcomed its first cryptocurrency exchange, ten years after the first cryptocurrency bitcoin came around.

U.S SEC Steps Up Efforts To Reduce Crypto Investment Fraud
U.S SEC Steps Up Efforts To Reduce Crypto Investment Fraud
08 November 2018, 04:28

The U.S Securities and Exchange Commission (SEC) has never taken it easy with fraudsters who rip unsuspecting investors of their crypto assets and is not planning to slow down their effort anytime soon.

Pro-crypto Governors elected in California and Colorado
Pro-crypto Governors elected in California and Colorado
07 November 2018, 23:29

At a time when the crypto markets have begun to flourish again, a big win has been recorded by the new asset class in the off-market.

BBVA provided $150m Syndicated Loan on Ethereum
BBVA provided $150m Syndicated Loan on Ethereum
07 November 2018, 21:45

BBVA Spain, the second-largest bank in the country has successfully tried blockchain technology for a syndicated loan worth $150m according to a Financial Times report. It is the first time that a syndicated loan which usually involves a group of lenders and a borrower is conducted over a blockchain.

Thailang is going to use blockchain for taxation
06 November 2018, 19:26

According to local news source Bangkok Post, the Thai Revenue Department will employ blockchain technology and machine learning to monitor tax payments.

SEC promised 'Plain English' ICO guidance
SEC promised 'Plain English' ICO guidance
06 November 2018, 15:47

The U.S Securities and Exchanges Commission (SEC) has plans in place to solve a common problem faced by crypto startups looking to organise an ICO.

Taiwan to prohibit anonymous transactions
Taiwan to prohibit anonymous transactions
06 November 2018, 15:00

With a global regulatory framework for cryptocurrencies not likely to happen soon, different world jurisdictions have in recent months started to create rules for the emerging industry.

FINMA tells banks to weight crypto risk at 800%
FINMA tells banks to weight crypto risk at 800%
05 November 2018, 22:05

Swiss-based banks who are interested in trading cryptocurrencies have been provided with new guidelines by the Swiss Financial Market Supervisory Authority (FINMA).

PBoC is to tighten ICO's and Airdrop supervision in China
PBoC is to tighten ICO's and Airdrop supervision in China
05 November 2018, 21:06

The People’s Bank Of China has become aware of the increase in the number of airdrops and will make a move to reduce this trend according to its Financial Stability Report released on Friday. This will be part of recent efforts made by China’s premier bank to crack down on the sale of ICO tokens.

India’s Richest Man’s Company Explores Blockchain Technology
India’s Richest Man’s Company Explores Blockchain Technology
05 November 2018, 16:04

Blockchain has continued to gain new converts every day and the latest of them is in India where oil and gas megabucks company - Reliance Industries, has made a landmark move towards the technology.

11 Arrested for Bitcoin Hack worth $80k
11 Arrested for Bitcoin Hack worth $80k
05 November 2018, 15:06

The arrest of 11 suspects has now been confirmed by the Cybercrime Department of the Turkish National Police. According to the Turkish Corps who carried out the operations claims that the victims hacked several crypto accounts and made away with Bitcoin with $80,000. The news confirms what earlier reported was on Friday, Nov. 2. By Hürriyet, a major Turkish newspaper.

Bithumb To Open Security Token Exchange
Bithumb To Open Security Token Exchange
04 November 2018, 22:09

South Korea based cryptocurrency exchange, Bithumb has signed a new deal with an American Fintech firm, SeriesOne. According to a local news source, the purpose of the new union is to establish an exchange that is dedicated to trading security tokens.

NASDAQ wins blockchain patent
NASDAQ wins blockchain patent
20 February 2019, 22:05

On Tuesday, October 23, Nasdaq anounced a new patent award for  “an information computer system [...] provided for securely releasing time-sensitive information to recipients via a blockchain.”

Morgan Stanley proclaims crypto as New Institutional Investment Class
Morgan Stanley proclaims crypto as New Institutional Investment Class
03 November 2018, 13:09

Can anyone stay away from crypto right now? Maybe, but not the researchers at Morgan Stanley who just released an update to a paper titled  "Bitcoin Decrypted: A Brief Teach-In and Implications," which they published earlier this year.

New York Regulators Approve Bitcoin ATMs
New York Regulators Approve Bitcoin ATMs
02 November 2018, 08:21

A virtual currency operating license has been given to Bitcoin ATM operator, Coinsource Inc. by the New York State Department of Financial Services (NYDFS) according to a Nov 1 press release.

Malta Will Try To Rule AI After Attaining Prominent Blockchain Status
Malta Will Try To Rule AI After Attaining Prominent Blockchain Status
02 November 2018, 07:04

Malta's quest to dominate the field of artificial intelligence has been given a huge lift after the government announced that it has set up a new task force for this purpose.

BlackRock CEO Says Bitcoin ETF Will Happen But Not Just Now
BlackRock CEO Says Bitcoin ETF Will Happen But Not Just Now
02 November 2018, 05:06

Anyone hoping to see a Bitcoin ETF soon will have to wait until the cryptocurrency industry becomes more 'legitimate’ according to Larry Fink, CEO of investment management firm BlackRock.

Hong Kong Stock Exchange Wants A Bite Of Blockchain Technology
Hong Kong Stock Exchange Wants A Bite Of Blockchain Technology
02 November 2018, 03:06

The Hong Kong Stock Exchange (HKEX) have joined a list of traditional security exchanges globally who are working toward integrating blockchain technology.

Brazil regulates crypto taxation
Brazil regulates crypto taxation
01 November 2018, 07:25

The South American nation has joined the rank of countries to have provided a sort of regulation for the cryptocurrency industry.

Indian Finance Minister To Ban ‘Private Cryptocurrencies’
Indian Finance Minister To Ban ‘Private Cryptocurrencies’
31 October 2018, 21:52

The government of India will likely continue its negative stance on cryptocurrencies according to a press release on Tuesday.

Exchanges shouldn't have problems with banks in Korea
Exchanges shouldn't have problems with banks in Korea
31 October 2018, 19:54

The unceasing growth in crypto trading has given rise to many illegal activities like money laundering and high profile hacking of top crypto exchanges around the world. The Chairman of Financial Services Commission South Korea has, yesterday, clarified in a statement that with the support of banking sector the crypto exchanges will never face such issues. Here, it is pertinent to mention that South Korean banks used to open virtual currency accounts that were banned by the financial regulators back in January by introducing strict anti-money laundering rules for crypto exchanges and banks.

5 years jail time for BTC selling in US
5 years jail time for BTC selling in US
30 October 2018, 21:08
On Monday, October 29 Department of Justice (DOJ), U.S. Attorney’s Office Southern District of California issued a press-release stating that Jacob Burrell-Campos, 21 years was charged statutory maximum: 5 years prison, $250,000 fine. Also Burrell agreed to forfeit to the United States a total of $823,357.00
Modum announces its cooperation with Swiss post
Modum announces its cooperation with Swiss post
23 April 2018, 00:00

Modum and Swiss Post have been in collaboration since summer 2017 and are currently running initial pilot projects, successfully serving key customers. They are working towards a deep integration of Modum’s temperature-logging devices within Swiss Post’s track-and-trace system. This integration will enable a workflow with minimal changes to Swiss Post’s established logistics processes. The solution will provide players in the pharma sector with a reliable and scalable process for monitoring the state of goods and demonstrating legal compliance to auditors. The fully wireless and digital, blockchain-based data-management solution also provides new levels of data insight and data handling.