John McAfee refused to promote any ICO on his Tweeter after the recent warning by SEC concerning celebrities’ pushing forward fraudulent campaigns.
In the nearest future, regulated crypto custody services are believed to be introduced across the crypto industry and bring significant changes.
Cryptocurrency wallet and vault Xapo is the latest recipient of New York’s ‘BitLicense’, arguably the strictest state law governing the crypto sector, from the state’s financial regulator.
Crypto market rebounds, with the world’s largest cryptocurrencies spiking. This follows the news from the US SEC which does not consider Ethereum a security.
The latest proposal by the Korea Financial Intelligence Unit (KFIU) comes to prevent the use of digital currencies for illicit activities.
Quebec’s low-cost energy supply has attracted crypto-miners from around the globe causing unprecedented demand for crypto mining activities.
According to Coinbase, once the firm gets the regulatory license, it would soon expand its operations listing more digital tokens to its offerings.
Any currency used as an investment in the venture affecting the value of the token will be categorized as securities as per the SEC jurisdiction.
Assemblyman Ron Kim talks of having blockchain-friendly regulatory measures that could foster fintech innovation in New York.
The country’s central bank – The Hong Kong Monetary Authority (HKMA) – sees no sense in having its own digital currency given that already existing infrastructure is quite robust and efficient.
Dong He, deputy director of the IMF’s Monetary and Capital Markets Department, published an article where he suggested that crypto assets may reduce demand for central bank money and proposed central banks create their own digitized assets.
The National Assembly of South Korea has put forward an official recommendation to allow the domestic ICOs in the country.