Category: Cryptocurrency

May 01, 2018 BY LeapRate Staff

Australia regulator ASIC takes action on misleading conduct in ICOs

Australia financial regulator ASIC has issued a statement indicating that it is focused on misleading or deceptive conduct in the marketing and selling of digital or virtual tokens via initial coin offerings (ICOs). ASIC said that these offers can involve significant risks for investors that are often not disclosed or well understood. ASIC said that…

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April 30, 2018 BY Mariela Naydenova

Ethereum goes back to the top

After going down to $390, Ethereum just went back to almost $691, noting an increase of almost 80% in just under a month. The digital currency took a huge plunge following the massive price of $1,330 in December. The reason for the increase in price at the end of last year may be owing to…

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April 30, 2018 BY Mariela Naydenova

How China is becoming the real "king" of cryptocurrencies

While China may be doomed by many as the "not-to-go" place when it comes to cryptocurrencies, because of heavy regulations, the country may be the real king of cryptocurrencies after all. The well-known "heavens" of altcoins are countries such as Singapore, Japan, Estonia and others. All of these countries have embraced a rather friendly and…

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April 30, 2018 BY Valentina Kirilova

Abu Dhabi Global Market introduces regulatory framework for spot crypto asset markets

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has just informed the public that it has today published a consultation paper setting out its proposed framework to regulate spot crypto asset activities, including exchanges, custodians and other intermediaries, to be undertaken in ADGM. The FSRA is proposing a fit-for-purpose regulatory framework…

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April 26, 2018 BY Mariela Naydenova

The Shivom Project - when genetic data unites governments

Governments around the world have not been fully mesmerized by blockchain and altcoins. While there are some countries that embrace the technology behind Bitcoin, such as Estonia and Japan, most are afraid or rather “not understanding” what blockchain actually is and how it benefits society. While blockchain has disrupted multiple industries such as real estate…

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April 26, 2018 BY Valentina Kirilova

Aion launches blockchain interoperability platform

Blockchain network Aion has announced the launch of the first public blockchain interoperability platform. The Aion network will allow for independently operated blockchains to connect, enabling the instant, global transfer and recording of data and value, streamlining communications, and bridging disparate blockchains. Use cases for the Aion protocol include cross-organizational functions like supply chain operations,…

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April 26, 2018 BY Valentina Kirilova

Crypto exchange Nasdaq - regulatory and security perspectives

Today, Nasdaq CEO Adena Friedman said that Nasdaq is open to becoming a crypto exchange. Joseph Weinberg, OECD Special Advisor and Chairman of Shyft, a blockchain protocol for KYC/AML, and Yo Kwon, CEO of Hosho, a blockchain cybersecurity firm, comment from two unique perspectives on what this means from regulatory and security perspectives. Joseph Weinberg,…

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