web analytics

Study: ‘Compliance Trilemma’ Limits Potential of ICOs

A recent study funded by the Canadian government has revealed that ICOs are facing regulatory compliance challenges that limit their potential. Initial coin offerings (ICOs) are facing a regulatory “compliance trilemma,” according to a recent study funded the government of Canada and the University of British Columbia (UBC). To prepare the report, the research team… Continue reading Study: ‘Compliance Trilemma’ Limits Potential of ICOs

West Virginia Secretary of State Reports Successful Blockchain Voting in 2018 Midterm Elections

The West Virginia Secretary of State has announced that 144 voters successfully cast their ballots in the 2016 midterm elections on a mobile, blockchain-based platform. The Secretary of State of the U.S. state of West Virginia Mac Warner reported a successful first instance of remote blockchain voting in an official announcement Nov. 15. Warner stated… Continue reading West Virginia Secretary of State Reports Successful Blockchain Voting in 2018 Midterm Elections

US: Crypto Initiative Donates Monero to Bail Out Immigrants in ICE Detention

In order to help immigrants in ICE custody pay their immigration bonds, the Bail Bloc project mines XMR using volunteers’ computer power. The Bail Bloc initiative has started using cryptocurrency raised through charity to help people get out of U.S Immigration and Customs Enforcement (ICE) pretrial incarceration, according to a tweet posted by a Bail… Continue reading US: Crypto Initiative Donates Monero to Bail Out Immigrants in ICE Detention

Judge Ends Freeze on Charlie Shrem’s Assets in Winklevoss Lawsuit

In the most recent development in a case brought to court by the Winklevoss twins, a judge has ruled to end a freeze on the defendant’s assets. Judge Jed Rakoff has ruled to end the freeze on Charlie Shrem’s assets in a lawsuit brought against him by the Winklevoss brothers, Bloomberg reports Nov. 8. In… Continue reading Judge Ends Freeze on Charlie Shrem’s Assets in Winklevoss Lawsuit

Thai Deputy Prime Minister Calls for More Controls for Cryptocurrencies

The Deputy Prime Minister of Thailand has called for more regulation on cryptocurrencies, urging experts not to lag in developing new security practices. The Deputy Prime Minister of Thailand Wissanu Krea-ngam has called for more regulations on cryptocurrencies, local news daily the Bangkok Post reports Nov. 8. While Thailand introduced a regulatory framework for cryptocurrencies… Continue reading Thai Deputy Prime Minister Calls for More Controls for Cryptocurrencies

Texas Regulator Issues Cease and Desist Order to Cloud Mining Company

Texas regulators have issued a cease and desist order to a cloud mining company for selling unregistered securities, among other alleged offences including fraudulent behavior. The Texas State Securities Board has issued an emergency cease and desist order to an Australia-based cloud mining company AWS Mining PTY LTD for selling unregistered securities, according to an… Continue reading Texas Regulator Issues Cease and Desist Order to Cloud Mining Company

Cryptocurrency ‘Illegal’ In India Says Trade Organization Head

The head of Indian IT trade organization NASSCOM reportedly stated that cryptocurrency is “illegal” in the country, after two men installing a Bitcoin ATM were arrested The head of an Indian nonprofit trade organization said cryptocurrency is “illegal,” and urged businesses to obey the law, local news daily the Hindu reported Thursday, Oct. 25. Debjani… Continue reading Cryptocurrency ‘Illegal’ In India Says Trade Organization Head

Bermuda Government Approves First ICO Under New Regulatory Regime

The government of Bermuda has licensed the first ICO in the country under a new regulatory regime that was introduced this summer. The government of Bermuda has awarded the first certification for an Initial Coin Offering (ICO) under the island nation’s new regulatory regime for crypto and blockchain business, the country’s only daily newspaper, the… Continue reading Bermuda Government Approves First ICO Under New Regulatory Regime

Ripple’s General Counsel Steps Down After Two Years

Ripple’s general counsel Brynly Llyr has departed her post after almost two years of serving at the firm. Ripple’s general counsel Brynly Llyr has left her post, which she had held since November 2016, Quartz reported September 7. The American technology company confirmed to Quartz that Llyr no longer serves at the firm. A Ripple… Continue reading Ripple’s General Counsel Steps Down After Two Years