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Bitcoin Exchange-Traded Products: Will the SEC Approve a Bitcoin ETF This Year?

The prospect of a Bitcoin ETF has been widely discussed for the last few years, and despite all previous applications for a US-based fund being rejected or withdrawn, the latest rhetoric from the SEC appears to suggest the commission is ready to consult with industry stakeholders, who may be able to address their concerns such… Continue reading Bitcoin Exchange-Traded Products: Will the SEC Approve a Bitcoin ETF This Year?

Why Venuzeula’s Petro Was Always Doomed To Fail

Making a sudden change to an established system is no small feat.  If the change is large enough, and the system in question broad enough, you can easily foresee catastrophic failure at multiple points.  If the system in question happens to be political, economic, or social then you might as well reconcile yourself at the… Continue reading Why Venuzeula’s Petro Was Always Doomed To Fail

Japanese Crypto Startup Quoine Launches ICO Execution Platform

Quoine, a cryptocurrency startup from Japan, has launched its ICO Mission Control platform, an all-in-one initial coin offering (ICO) execution service. The platform is initially being implemented into Quoine’s Qryptos exchange before being integrated into the forthcoming Liquid platform for which Quoine raised a staggering US$105 million in its token sale in late 2017. “ICO… Continue reading Japanese Crypto Startup Quoine Launches ICO Execution Platform

S Korea: New FSS Governor To Ease Cryptocurrency Regulation

Yoon Suk-heun, the new governor of South Korea’s Financial Supervisory Service (FSS), said that the country’s top financial regulator will consider easing cryptocurrency regulations. “Regarding cryptocurrencies, there are some positive aspects,” Yoon told reporters after President Moon Jae-in approved his nomination to lead the government agency. His nomination was submitted by the Financial Services Commission… Continue reading S Korea: New FSS Governor To Ease Cryptocurrency Regulation

Digital Wallet Abra Adds 5 More Altcoins Bringing Total To 25 Supported Cryptocurrencies

Digital wallet and exchange service Abra has announced the addition of five cryptocurrencies to its platform, now letting users buy, sell and invest across 25 cryptocurrencies and 50 national currencies, the company announced on Tuesday. Monero, NEM, NEO, Lisk and Verge are joining 20 other cryptocurrencies including Bitcoin, Dash and Ethereum. The move follows the… Continue reading Digital Wallet Abra Adds 5 More Altcoins Bringing Total To 25 Supported Cryptocurrencies

Reddit Is Hoping to Bring Back Bitcoin Payments, Looking At Ethereum and Litecoin Too

The CTO of social media platform Reddit has revealed that the company is considering reinstating cryptocurrencies for payments, including bitcoin, ethereum, and litecoin. Speaking in an interview with Cheddar, Chris Slowe, the site’s chief technology officer, explained that it was down to high fees on the bitcoin network and a lack of time to update… Continue reading Reddit Is Hoping to Bring Back Bitcoin Payments, Looking At Ethereum and Litecoin Too

Bank of Korea to Announce Guidelines on Cryptocurrencies by June, Hints At Possible Central Bank Digital Currency

The Bank of Korea (BoK) has announced that it is planning to reveal its guidelines on cryptocurrencies before the summer is out. A plan on a possible central bank-issued digital currency will also feature, according to a report. In a statement issued yesterday, the bank said: “A taskforce has been studying the possibility of issuing… Continue reading Bank of Korea to Announce Guidelines on Cryptocurrencies by June, Hints At Possible Central Bank Digital Currency

CryptoUK Urges MPs to Support Plans to Regulate the Cryptocurrency Market

A group of the U.K.’s leading cryptocurrency platforms are urging the Treasury to regulate the industry in the country. CryptoUK, a self-regulatory body set up to represent the sector, which is made up of eight members, is asking influential MPs to support its proposals to have the market regulated under the U.K.’s Financial Conduct Authority… Continue reading CryptoUK Urges MPs to Support Plans to Regulate the Cryptocurrency Market

Bitfinex Adds Stellar and Verge to Platform As It Responds to Community Demands

Bitfinex, one of the world’s biggest cryptocurrency exchanges, has announced that it is introducing two new tokens to its platform as it continues to expand its offerings to customers. The Hong Kong-based exchange is adding Stellar (XLM) and Verge (XVG), both tokens which are placed within the top 30 coins based on market value. According… Continue reading Bitfinex Adds Stellar and Verge to Platform As It Responds to Community Demands

SBI Unveils New Plans For Its Cryptocurrency Exchange

While initially scrapping its plans to develop a cryptocurrency exchange in conjunction with partners. SBI Holdings has today announced new plans to more forward with the development of their own self developed exchange. President and CEO of the company, Yoshitaka Kitao announced the development of the company’s own exchange, confirming that SBI’s exchange is “not a white… Continue reading SBI Unveils New Plans For Its Cryptocurrency Exchange