Archive for the ‘Cryptocurrency’ Category

Thailand Introduced Legal Framework, But Players Don’t Know How to Comply

On Sunday, May 13, Thailand joined a pool of countries that have introduced regulatory frameworks regarding cryptocurrencies. The 100 section law, published in the country’s Royal Gazette, defines cryptocurrencies as digital assets and digital tokens that fall under the regulatory jurisdiction of the Thai Security Exchange Commission (TSEC), making it the main policeman of crypto […]

Investors are going to buy bitcoin whether advisors like it or not, says financial pundit

Many investors wonder when the right time will be to put some money in bitcoin. It’s a question that financial advisors increasingly hear these days. Yet advisors, for the most part, don’t recommend investing in digital currency, or in the investment vehicles that have cropped up around it, at all. Lex Sokolin, global director of fintech […]

Goldman Sachs-backed start-up Circle introducing a crypto version of the US dollar

Fintech company Circle announced a new cryptocurrency pegged to the dollar and a $110 million investment round led by profitable crypto-mining company Bitmain, which brings Circle’s value near $3 billion. Circle is one of the most well-funded blockchain start-ups, with investors including Goldman Sachs Group and Baidu. The fintech company operates its peer-to-peer payment network […]

CEO of Singapore’s first blockchain unicorn shares insights on the Asian crypto space

One of the prominent concerns of the blockchain revolution is how different countries are approaching the technology. Some have been hesitant while others have thrown caution to the wind. Asia is unique in this regard, as it has unmatched blockchain ambitions. With this in mind, Tech in Asia writer Joe Liebkind spoke with Patrick Dai, the […]

FinTech Firm Quoine Launches ICO Platform

Japanese FinTech firm Quoine has created a new ICO platform called ICO Mission Control that provides a safe haven for both token participants and token issuers. The new platform, which is integrated with Quoine’s crypto-to-crypto exchange Qryptos, is an end-to-end solution aimed at helping blockchain projects conduct ICOs in a flexible, secure, transparent and scalable manner. The […]

Blockchain International Show Will Present Latest Developments in London

On June 6-7, Smile-Expo will hold Blockchain International Show London, the major event in Europe, devoted to Blockchain technologies, their implementation in various industries, and the use of cryptocurrency. The event will last for 2 days and will be divided into 2 parallel sections. The first one will cover financial and regulatory questions, while the second will […]

Binance: Hong Kong Court Ruled VC Firm Sequoia’s Allegations Against CEO CZ Invalid

Crypto exchange Binance has released a statement, denying allegations against Binance CEO Changpeng Zhao that he broke an exclusivity contract with VC firm Sequoia last fall. Sequoia had sought a temporary injunction against Zhao, known in the crypto community as “CZ”,  to prevent him from negotiating with other investors after Zhao’s negotiators had broken off a deal with Sequoia last […]

Binance Partners With Ugandan Blockchain Startup

Binance — the world’s largest crypto exchange platform — has partnered with Ugandan blockchain technology startup, Crypto Savannah. Binance is a large company with a daily trading volume of USD 2 billion and this new partnership with Crypto Savannah will be a major boost to the developing country. Blockchain is a new technology which will not […]

Huobi Group Announces Plans for European Expansion

Huobi Group, the leading global blockchain asset financial service provider, announced its plans to expand into Europe with a new offices in London opening later this year. Chern Chung, Huobi’s senior business development manager for Europe said, “Our research shows that London will become one of the most active trading scene across all of Europe.” Huobi […]

Coinbase Buys Bitcoin Startup Earn.com for $120 Million, Hires its CEO as Tech Chief

Coinbase, the largest cryptocurrency exchange in the United States, has acquired Earn.com, a blockchain-based social network portal, in a deal reportedly worth $120 million.  To date, this is Coinbase’s fifth acquisition and its biggest. Earn.com, which was initially called 21.co, launched in 2013 as a maker of bitcoin mining hardware. It pivoted in 2017 by rebranding […]