A Chinese investor has filed a lawsuit against cryptocurrency exchange OKCoin regarding more than 38 bitcoin cash that he claims the platform failed to distribute to him following last year’s hard fork, according to a charge sheet on LegalWeekly. The plaintiff, known only by the pseudonym Feng Bin, claims he was expecting to get the […]
Read MoreCoinbase has announced that it has renewed its money transmitter license in Wyoming three years after terminating its activities in the state. The move marks a significant shift in the working relationship between the crypto exchange giant and state regulators following the expiry of the previous license in June 2015. Working With Regulators In a […]
Read MoreA commissioner of the U.S. Securities and Exchange Commission (SEC) has voiced her opinion that the agency overstepped its bounds to reject a bitcoin ETF recently based on the underlying asset, bitcoin. She believes that the role of the SEC is to consider the market for the ETF, not the underlying asset itself. Also read: Yahoo! […]
Read MoreThe author of the best-selling finance book “Rich Dad, Poor Dad”, Robert Kiyosaki, expressed his concerns about the US dollar and the fact that there’s nothing to back it up. He also holds that cryptocurrencies will eventually replace it. ‘Fake Money’ The finance book “Rich Dad, Poor Dad” went on to sell upwards of 32 […]
Read MoreOne of the world’s largest investment banks may soon bring cryptocurrencies into its trillion-dollar investment fold. Goldman Sachs is allegedly devising a cryptocurrency custody service, individuals familiar with the matter told Bloomberg. The offering would open Goldman Sachs custodial services to cryptocurrency funds, providing them an institutional avenue through which to manage their assets. This […]
Read MoreSixteen Japanese cryptocurrency exchanges have applied to form a certified self-regulatory organization for the industry.
Read MoreA biotech giant based in South Korea is turning to blockchain to allow it to share genetic data without risking patients’ privacy.
Read MoreA user of Chinese cryptocurrency exchange Okcoin has sued the platform for allegedly denying him his free allocation of Bitcoin Cash (BCH) in August 2017. ‘No Deadline’ As local news outlet Legalweekly reports August 6, the trader, known by pseudonym Feng Bin, was unable to claim 38 BCH ($26,500) when Okcoin added support for Bitcoin’s […]
Read MoreThe slow trickle of traditional investment into the crypto market may turn into a flood if a new platform launched by blockchain services provider AxiomLevel Technologies makes its desired impact. AxiomLevel’s investor onboarding platform serves as a finance industry solution that caters toward institutional players with investor registration, verification and management. It contains a comprehensive […]
Read MoreGermany’s second largest stock exchange Boerse Stuttgart is expanding its suite of cryptocurrency investment tools for investors. ‘All Under One Roof’ Boerse Stuttgart, Germany’s second largest stock exchange, laid down its plans to build an end-to-end infrastructure facilitating cryptocurrency trading. Back in April, the company announced that it will be launching a cryptocurrency trading application […]
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