The Economic Crime Plan (2019–22) released by the U.K. government and the trade association UK Finance details regulatory action on cryptocurrencies to prevent their use in criminal activities. According to the document, the government is working closely with businesses to bring toge...
Since April, Bitcoin has surged from $4,000 to over $8,500, an increase of more than 100%. The driving force behind Bitcoin's astonishing rise is the entry of giants. Fourteen financial institutions, including UBS Group AG, plan to issue "bitcoin-like" cryptocurrency to conduct cross-...
As the president election of the United States in 2020 is coming, Andrew Yang, a democratic party candidate said that he would accept donations by means of encrypted currencies. Therefore, he got the support from American cryptocurrency circle and blockchain circle. Even The New York Tim...
For cryptocurrency investors, 2018 is a disastrous year. After the boom in the bull market in 2017, there were calls for "all in blockchain" everywhere. Unfortunately, after reaching a record high in January 2018, the price of cryptocurrency soon fell to bottom, with many coins fell by more than...
Binance CEO Changpeng Zhao is suing VC giant Sequoia Capital for damages, claiming the latter hurt his reputation and stopped him from raising funds for Binance at the end of 2017 “which was a critical time in the market and when there was huge interest in Binance from other VCs and i...
Compared to those countries who spare no efforts in making regulations for Cryptocurrency, India pushing its government in an opposite direction. Early in 2019, Indian government has begun inter-ministerial consultations on drafting the bill on prohibiting Cryptocurrency and regulating offi...
Major cryptocurrency exchange tokens like Binance token (BNB) and Huobi Token (HT) have recorded impressive gains since February, outperforming bitcoin and most of other altcoins. But will their upwards momentum maintain for a long time? BNB, the token issued by the world's largest ...
Cryptocurrencies in general have fundamental value though it probably does not justify current prices, a Tsinghua University professor has said while shedding light on some of the motivational needs that he thinks make a cryptocurrency like Bitcoin a currency or an asset at the World Economic ...
Attention seems to be quietly shifting from the tendency for a bitcoin exchange-traded fund (ETF) to spur crypto markets growth. Despite its possibility to expose cryptocurrencies to its ~$3.5 trillion market, this week saw the withdrawal of the much-awaited VanEck SolidX bitcoin ETF pro...
A Chinese man claimed to have been duped into investing in an alleged crypto scam, losing a total of 2 million yuan (about $300,000). The cryptocurrency project known as OneChain amassed hundreds of millions of yuan from thousands of investors through an initial coin offering (ICO) last year...
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