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ICO Issuers Settle Registration Charges With SEC

The U.S. Securities and Exchange Commission (SEC) has agreed to settle charges with two startups that sold tokens through Initial Coin Offerings (ICOs) in 2017. The companies were charged by the SEC for running their ICOs after the regulator clearly defined such offerings as unlicensed securities in its DAO Report of Investigation. The startups indicted […]
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Film Publishing Rights Firm Fintage House Now Accepts Crypto for Rights Transactions

Dutch rights management company Fintage House has signed a deal with blockchain-based social entertainment platform TaTaTu to start accepting cryptocurrency for rights transactions, entertainment industry news outlet Variety reported Nov. 12.Established in 1986, Fintage House specializes in the collection and management of TV, film and music publishing rights and licensing, as well as offering revenue […]
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Blockchain.com Wallet Adds Stellar, Announces $125 Mln XLM Airdrop to ‘Drive Adoption’

Cryptocurrency wallet provider Blockchain.com has launched full support for altcoin Stellar (XLM), accompanied by a hefty airdrop of $125 million worth of XLM to its user base. The news was announced in an official blog post today, Nov. 6.Blockchain.com pitched the mammoth offering as “the largest airdrop in the history of crypto and likely the […]
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Bithumb and seriesOne Partner to Launch U.S. Securities Token Exchange

Aiming to create an SEC and FINRA-compliant U.S. exchange, blockchain-based crowdfunding firm seriesOne and crypto exchange Bithumb have formed a joint venture. According to an announcement made on November 1, 2018, officials behind the venture look to trade security tokens within a “compliant marketplace” and within the context of “other applicable regulatory approvals.”For South Korea-based […]
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World’s Largest Crypto Exchange OKEx to Delist 50+ Trading Pairs Due to ‘Weak’ Performance

Major Hong Kong-based cryptocurrency exchange OKEx will delist over 50 trading pairs with weak performance, according to an announcement published Oct. 25.As per the announcement, at 6:00 am Oct. 31, 2018 CET, the exchange will halt the trading of a swathe of pairs that they cite as having weak liquidity and trading volume. The exchange […]
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New Ethereum-Based Token to Be Backed by Bitcoin

U.S. crypto wallet and blockchain security firm BitGo has announced the development of an Ethereum (ETH)-based coin backed 1:1 with Bitcoin (BTC), according to an official blog post Friday, Oct. 26.The announcement reads that Wrapped Bitcoin will provide users with a “wide variety of new decentralized use cases including on decentralized exchanges (DEXs), as collateral […]
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Ripple Reports Double Revenue From XRP Token Sales in Third Quarter of 2018

American tech company Ripple reported that its revenue from XRP token sales doubled in the third quarter (Q3) compared to the second quarter (Q2) of 2018, according to the company’s quarterly report published Oct. 25.In the Q3 2018 XRP Markets Report, the company reveals that  it sold $163.33 million worth of XRP in the Q3, […]
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Italian Soccer Club Juventus Follows France’s Paris Saint-Germain to Launch ‘Fan Token’

Major league Italian soccer club Juventus announced Monday, September 24, it will launch its own cryptocurrency “fan token,” two weeks after a similar announcement from Paris Saint-Germain.The product of a partnership with “blockchain-based fan engagement platform” Socios.com, the Italian club aims to release its “Juventus Official Fan Token” as soon as Q1 next year.Like France’s […]
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Ukrainian Parliament Proposes Tax Bill for Digital Currencies

The Verkhovna Rada, the parliament of Ukraine, has proposed a bill that, once passed into law, would tax operations with crypto assets, according to a draft law published September 14.The tax bill, which was initiated by 23 government officials, suggests a five percent tax on individuals and legal entities operating with virtual currency assets, such […]
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Gemini Custodian is Able to Alter or Reverse Gemini Dollar Transactions

The implementation of the recently launched Gemini dollar (GUSD) stablecoin can be completely changed by a Gemini custodian every 48 hours, according to a study authored by blockchain researcher Alex Lebed and crypto consultant Alexey Akhunov, published on Medium on September 11.In the research, the authors review the code of the GUSD’s smart contract in […]
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