Tag Archives: ICO’s

Thailand to Legitimize First ICO ‘Portal’ via New Regulation, Says SEC Head

Thailand to Legitimize First ICO ‘Portal’ via New Regulation, Says SEC Head

Thailand’s securities regulator will clear “at least one” Initial Coin Offering (ICO) “portal” to operate legally in November, local daily news outlet Bangkok Post reported Nov. 8. Speaking to the publication, Rapee Sucharitakul, secretary general of the Thai Securities and Exchange Commission (SEC) said that ICOs themselves could also start seeing official approval to serve Thai markets as […]

Ukraine Plans to Legalize Cryptocurrencies by 2021

Ukraine Plans to Legalize Cryptocurrencies by 2021

The government of Ukraine is going to legalize cryptocurrencies within three years, in a move that’s reportedly being made as part of a new public policy developed by the country’s Ministry of Economic Development and Trade. According to a press release published on the Ministry’s website, the government plans on creating clear conditions for cryptocurrency-related businesses in […]

Hodler’s Digest, September 2-9: Goldman Sachs Says ‘No Thanks’ to Crypto Trading Desk, While India Sends Officials to ‘Crypto College’

Hodler’s Digest, September 2-9: Goldman Sachs Says ‘No Thanks’ to Crypto Trading Desk, While India Sends Officials to ‘Crypto College’

Top Stories This Week Business Insider: Goldman Sachs Scraps Crypto Trading Desk Plans Goldman Sachs Group Inc. is halting its plans to open a cryptocurrency trading desk, Business Insider reported this week, but will focus on a custody product for crypto, which will allow it to hold cryptocurrency on behalf of large clients and track its price. […]

Bitcoin’s ETF could be the first case SEC approves; Coinbase secures $20 bl deal  Read more at http://globalcoinreport.com/bitcoin-etf-could-be-first-case-sec-approves-coinbase-secures-20-billion-deal

Bitcoin’s ETF could be the first case SEC approves; Coinbase secures $20 bl deal Read more at http://globalcoinreport.com/bitcoin-etf-could-be-first-case-sec-approves-coinbase-secures-20-billion-deal

Coinbase, which is one of the top exchanges in the world with a value of about $8 billion have achieved great feats. The company recently acquired a $20 billion prime client and got its ads back on Facebook(everyone has as Facebook resumed crypto ads). The crypto exchange put its intention to work on institutional money and as […]

Weekly Report: Bitcoin ETF, Blackrock Interest and Coinbase Listings

Weekly Report: Bitcoin ETF, Blackrock Interest and Coinbase Listings

Tune in for Weekly Market Updates from NKB Group. The NKB Group is a full-service investment banking platform focused on blockchain technology. The Bitcoin dominance increased from 42.7% to 45.6%, moving up due to Bitcoin’s increased trading activity and 19% price appreciation over the course of a week. The best performers among the top-40 crypto assets were Bitcoin Diamond (+117%), Stellar (+33%), […]

Ethereum May Be “as Broadly Adopted as the Internet,” Says Circle Co-Founder

Ethereum May Be “as Broadly Adopted as the Internet,” Says Circle Co-Founder

Jeremy Allaire, co-founder of crypto finance firm Circle, recently told CNBC that cryptocurrencies and blockchain technology may eventually be “as broadly adopted as the internet is today.” He added that digital currencies are “a really fertile space in terms of the fundamental, technical, and infrastructure.” Allaire noted the Ethereum platform currently “has an enormous amount of developer activity” and […]

World’s Fourth-Largest Stock Exchange Eyes Blockchain Use in Securities Transactions

World’s Fourth-Largest Stock Exchange Eyes Blockchain Use in Securities Transactions

The world’s fourth-largest stock exchange released plans to use so-called distributed ledger technology (DLT) in securities transactions July 10. The Shanghai Stock Exchange (SSE), which as of December 2017 had a market cap in excess of $5 tln, said in a report that “most people” consider that blockchain technology can “help improve the transparency of the securities industry.” “Part of the […]

Senior US Regulator Says Ethereum ‘in Its Present State’ Is Not a Security

Senior US Regulator Says Ethereum ‘in Its Present State’ Is Not a Security

A senior U.S. Securities and Exchange Commission (SEC) official has said that leading altcoin Ethereum (ETH) will not be regulated as a security, the Wall Street Journal (WSJ) reports today, June 14. SEC Corporation Finance Director William Hinman said at Yahoo Finance’s All Market Summit: Crypto in San Francisco today that: “Based on my understanding of the present state of ether, the Ethereum […]

Apple Blocks Crypto Mining Apps On Its Products

Apple Blocks Crypto Mining Apps On Its Products

Apple has moved to put a stop to any crypto-mining apps that might be used on its mobile products. In a recent update, the personal computing company expanded its initial guidelines on cryptocurrencies. Before, the guidelines specified apps facilitating cryptocurrency exchange and/or initial coin offerings (ICOs) must comply with all applicable state and federal laws. Now, the […]