Crypto News Digest May 4 – 10

May 4___Kyber Network Crystal (KNC) holders will soon be able to delegate their voting rights to StakeWith.US while still receiving voting rewards. May 4___The team behind decentralized application protocol NEAR, which is seen as direct competition to Ethereum, announced the completion of their $21.6 million token sale. May 4___A new European consortium led by IBM …

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Crypto News Digest April 27 – May 3

Apr. 27___New Dutch anti-money laundering laws make it near impossible for smaller crypto companies to operate in the country as a result of high registration fees and compliance costs. Apr. 27___Game developers are taking a step back from full out blockchain-powered games due to scalability issues. Apr. 27___Samsung has added a new digital apps section …

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Crypto News Digest April 20-26

Apr. 20___Facebook is looking to hire “experts in fraud, compliance, workforce management, and customer care” to support the team at Calibra working on a digital wallet for Libra. Apr. 20___Arrano Capital’s bitcoin fund became the furst approved cryptocurrency fund in Hong Kong. The new fund will be aimed at instituitonal investors and is expected to …

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Crypto News Digest April 13-19

Apr. 13___Crypto exchange Huobi has incorporated an AI into its systems, which will be able to detect “suspicious” transactions on the platform and freeze accounts until account activity has been reviewed by a compliance officer. Apr. 13___Crypto exchange Blackmoon Crypto is expected to permanently close down amid high regulatory compliance costs. For the time being …

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Crypto News Digest April 6-12

Apr. 6 Coinhouse became the first AMF registered crypto company. The Financial Markets Authority (AMF), France’s financial regulator, will soon require all firms in France, which provide crypto exchange and custody services, to register with the regulator. Apr. 6 The Bank of Korea, South Korea’s central bank, has launched a 2-year pilot program exploring the …

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Crypto News Digest March 30 – April 5

Mar. 31 Crypto exchange Binance announced an expansion in the South Korean market with a new crypto-to-crypto exchange, which will be connected with the main platform via the Binance Cloud. Mar. 31 Fintech platform OneConnect Financial Technology has joined forces with China Merchants Port Group (CMPort) to develop a blockchain-based logistics system for the Guangdong-Hong …

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Crypto News Week March 23-29

Mar. 23 Two draft bills by the U.S. Democratic party introduced to the House of Representatives suggested a “digital dollar” as means of doing direct transfers to “qualified individuals” as part of a coronavirus stimulus package. A later draft of one of the bills had the “digital dollar” language removed from it and it is …

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Crypto News Week March 16-22

Mar. 16 Singapore’s central bank revealed a new set of guidelines for companies facilitating crypto payments. The new guidelines aim at preventing money laundering and terrorist financing. Mar. 16 India’s Ministry of Corporate Affairs announced an ongoing investigation into cryptocurrency companies sparked by an increasing number of fraudulent practices in the country. Mar. 16 The …

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Crypto Assets Conference 2020 Takeaways

The Crypto Assets Conference (CAC) in Frankfurt is one of the biggest blockchain events in Germany next to the BLOCKCHANCE conference in Hamburg and the Blockchain Technology Conference in Berlin and this year marks the third year since its establishment in 2018. The host of the conference is the Frankfurt School of Finance & Management, …

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