Malaysia Announces Digital Asset Guidelines

The Securities Commission Malaysia has published the country’s guidelines on digital assets which set out the regulatory framework for token sales. All token offerings must now be carried out only through platforms approved by the commission. The guidelines also detail the obligations of approved platforms as well as the requirements token issuers must meet. New Digital Asset Guidelines The Securities […]

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Are Blockchain and Bitcoin New Tools for Criminals?

Cryptocurrencies and blockchain technology have peculiarities that, in the absence of adequate supervision, mean they are likely to become instruments harmful to the economic and monetary system as a whole, and risky for individual users, and be an additional useful tool for criminal organizations. The lack of regulation of these new technologies including blockchain, Bitcoin, internet of things, cryptocurrency, artificial […]

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Ripple Rises but has One More Hurdle Before an Uptrend

In the last 24 hours, the bulls made another attempt at the $0.24 resistance but were repelled. The coin found support at $0.23. In the first effort, the bulls were also repelled but the coin dropped to the low of $0.22. The bottom line is that if the bulls break the $0.24 resistance, Ripple will rise and reach the $0.30 […]

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It’s Never Been Harder to Mine Bitcoin as Hash Rate Hits New Highs

The mean hash rate of the Bitcoin (BTC) network has hit new all-time highs to mark the cryptocurrency’s latest technical achievement, fresh data suggests. Compiled by monitoring resource Glassnode, a new analysis of Bitcoin’s historical hash rate shows that on Jan. 7, the mean value reached 119 quintillion hashes per second — its best ever at the time. Bitcoin hash […]

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Oklahoma Senator Working on Bill for State-Backed Blockchain Institution

Oklahoma senator Nathan Dahm wrote a new bill for his state which looks to build a state-backed innovative financial institution around blockchain technology, establishing a new classification of institutions. Dated Jan. 15, 2020, the bill noted that the state-chartered financial institution will be “the central depository for virtual currency used by governmental agencies in this state.” Detailing the bill Adding […]

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Ugandan Victims of Dunamiscoins Scam Petition Gov’t for Lost Investments

Over 5,000 victims of the alleged cryptocurrency pyramid scheme Dunamiscoins have petitioned the Ugandan Parliament asking to refund money lost in the scam. Arthur Asiimwe, the leader of the petitioning group who presented the request to the Parliament’s speaker Rebecca Kadaga, claims that the government has licensed the alleged scam firm, according to an official announcement by the Parliament of […]

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US SEC Charges Convict and Associates for $30M Fraudulent ICO

The United States Securities and Exchange Commision has charged a group of criminals, who raised over $30 million through a fraudulent initial coin offering (ICO). Per a Jan. 12 press release, the SEC charged convicted Boaz Manor, his business associate, and two companies, CG Blockchain Inc. and BCT Inc. SEZC, with violating the antifraud and securities registration provisions of the […]

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