Ukraine’s government is planning new cryptocurrency laws
Mikhail Fedorov, deputy prime minister of digital transformation in the Ukraine, is set to collaborate with the country’s finance ministry to launch a new legal framework for cryptocurrencies.
Ripple steps into Icelandic market through acqui-hiring the team behind digital asset trader Algrim
Blockchain-powered money-transfer company Ripple has acquired Icelandic Algrim, the asset trading enterprise.
Trading volume for Bakkt’s bitcoin futures hit just $5m in first week
Despite having been highly anticipated, the Intercontinental Exchange’s bitcoin futures contract only traded at a total value of $5m in its first week.
ECB top: “Libra has undoubtedly been a wakeup call for central banks and policymakers”
Benoît Cœuré, executive board member of the European Central Bank, has told the German Bundestag that stablecoins like Facebook’s Libra initiative come with both risks and opportunities.
Kik shuts down its messaging app amidst a SEC cryptocurrency lawsuit
Canadian messaging app Kik is closing so that the company can focus on its cryptocurrency Kin, which is front and centre of a US Securities and Exchange Commission (SEC) lawsuit.
Global regulators to grill Facebook about its planned Libra project
Representatives from Libra will be interviewed by officials from 26 global central banks on Monday in a bid to ease worries about its impact on the financial market. At the same time, investor interest in crypto seems to waning.
French finance minister warns that Facebook’s Libra project would put an end to states’...
Bruno Le Marie, France’s finance minister, said on Thursday that Facebook’s upcoming cryptocurrency Libra should be stopped as it put “the monetary sovereignty of states [in] jeopardy.”
Arival Bank has raised £1.87m in a pre-Series A equity crowdfunding campaign
Singapore-based Arival Bank has pulled in £1.87m in a pre-Series A equity crowdfunding campaign on Crowdcube.
U.S. Treasury warns Facebook’s Libra that it must face tough AML and anti-terrorism funding...
Facebook’s cryptocurrency project has already faced a lot of concerns from lawmakers. Now, the U.S. Treasury warns the social media giant that it must conform with American regulations to trade in the US.
Norwegian bank Sparebanken Øst invests in cryptocurrency exchange NBX
Sparebanken Øst has announced that it is investing in Norwegian Block Exchange, a cryptocurrency exchange normally referred to as NBX.
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