Author: Helen Partz

Abramoff-linked crypto firm says SEC has no case against it

CoinTelegraph

The NAC Foundation has accused the United States Securities and Exchange Commission of misconduct in an ongoing case.   According to court documents Oct. 20, Rowland Marcus Andrade and his company NAC Foundation asked a San Francisco federal judge to dismiss the SEC’s Read More

Unqualified investors can buy up to $8K of crypto, says Bank of Russia

CoinTelegraph

The central bank of Russia proposed to set limits on annual cryptocurrency investments by non-professional investors. The Bank of Russia suggested that unqualified investors in Russia should not be allowed to invest more than 600,000 Russian rubles ($7,800) in digital Read More

Japanese financial giant SBI acquires TaoTao crypto exchange

CoinTelegraph

Japan’s largest on-line financial conglomerate, SBI Holdings, now owns two licensed cryptocurrency trading platforms with its new acquisition of TaoTao exchange. According to an official announcement on Oct. 7, SBI’s foreign exchange and derivatives arm SBI Liquidity Market has acquired Read More

Crypto Finance Conference to host industry experts in-person in January 2021

CoinTelegraph

As the world is battling to recover from the damage caused by the coronavirus pandemic, a major cryptocurrency event in Switzerland prepares to take return to a physical format. Crypto Finance Conference (CfC), an international crypto event held in St. Read More

KuCoin hackers keep moving stolen tokens to the largest DeFi exchange

CoinTelegraph

After a major hack at KuCoin cryptocurrency exchange, cybercriminals continue to move stolen crypto to decentralized exchanges, or DEXes. According to data from crypto transaction tracking service Whale Alert, KuCoin hackers keep sending thousands of dollars worth of Synthetix Network Read More

Europe’s central bank is concerned about possible runs on stablecoins

CoinTelegraph

The European Central Bank has warned the global community about the risks of so-called “stablecoin runs.” Analogous to the term “bank runs” in the traditional financial system, stablecoin runs could occur if end users lose confidence in the issuer or Read More

Report: Privacy coins don’t conflict with Anti-Money Laundering laws

CoinTelegraph

Privacy-oriented cryptocurrencies like Monero (XMR) do not conflict with Anti-Money Laundering laws, according to a major global law firm. Perkins Coie, a Seattle-based international law firm, published a report devoted to the AML regulation of privacy coins on Sept. 15. Read More

Facebook-backed Libra welcomes Blockchain Capital as new member

CoinTelegraph

The Facebook-initiated Libra blockchain project continues to grow as its governing body has added a new major industry partner. Blockchain Capital, one of the largest venture capital firms in the blockchain industry, has joined the Libra Association, according to an Read More

Italian soccer club SS Lazio goes crypto with StormGain exchange

CoinTelegraph

Another major soccer club is entering the cryptocurrency industry by tapping a partnership with a cryptocurrency exchange. SS Lazio, an Italian professional sports club, signed a multi-year deal with crypto trading platform StormGain. Announcing the news on Sept. 16, StormGain Read More

China’s national blockchain project to support DAML smart contract language

CoinTelegraph

The Blockchain Services Network (BSN), the largest blockchain infrastructure initiative in China, now has a unified smart contract programming language. Red Date Technology, a major tech company involved in the BSN’s development, will add support for DAML — a smart Read More

Russia’s crypto law is a mixed bag, according to industry execs

CoinTelegraph

Russia’s new cryptocurrency-related law, “On Digital Financial Assets,” or DFA, seems to have had little impact on the local cryptocurrency industry so far. In its current form, the DFA law essentially provides legal status to digital assets like Bitcoin (BTC), Read More

DCG’s Foundry to finance Bitmain customers in North America

CoinTelegraph

China’s mining giant Bitmain has entered a new partnership to streamline its operations in North America. As Bitmain officially announced on Sept. 10, the company has officially partnered with Foundry, a wholly-owned crypto mining subsidiary of major cryptocurrency firm, Digital Read More