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Showing 20 of 22 results by markhudson2002
EU blockchain partnership of 22 Countries.Good or Bad?
The member states of European Union signed a Declaration to establish a European Blockchain Partnership. According to the official website of European Commission, 22 countries have participated in this agreement to create a Digital Single Market that aims to position Europe as the world leader in blockchain industry.
their official statement.
Based on all available evidence and information, [it] has concluded that these allegations are untrue and unfounded.
The exchange further declared that:
Among the claims under dispute, Bitfinex has not been party to any official investigation launched in any jurisdiction globally on the basis of the allegations reported in the Polish media. This signals that the relevant authorities have found no reason to act upon the claims made against the Bitfinex platform.
Based on all available evidence and information, [it] has concluded that these allegations are untrue and unfounded.
The exchange further declared that:
Among the claims under dispute, Bitfinex has not been party to any official investigation launched in any jurisdiction globally on the basis of the allegations reported in the Polish media. This signals that the relevant authorities have found no reason to act upon the claims made against the Bitfinex platform.
Bitfinex has denied the charge though.
https://coingape.com/bitfinex-accused-of-money-laundering-allegations/
https://coingape.com/bitfinex-accused-of-money-laundering-allegations/
South Korean Crypto Exchanges To Self-Regulate To Stabilize Crypto Market
The Korean blockchain association has come forward to introduce the self-regulatory standards for cryptocurrency exchanges. 23 South Korean exchange operators have agreed to go under the review that will also request banks for new virtual accounts that the banks have yet to issue.
It just cant be a co-incedence that these big guns are entering the market at the same time.
there must be an exit plan.
https://coingape.com/cryptocurrency-market-ready-for-big-crypto-investors/
there must be an exit plan.
https://coingape.com/cryptocurrency-market-ready-for-big-crypto-investors/
The Central Bank of Samoa has launched an investigation into the notorious OneCoin cryptocurrency investment scheme, which is a Bulgaria based pyramid scheme. OneCoin has been subject to numerous investigations by multiple countries like Italy, Finland and India.
This pyramid scheme has already been fined with 2.59 million euros by Italy in 2017. Now, the Samoan officials are investigating if the countrys people have been defrauded.
Last week, the governor of Samoa Central Bank, Maiava Atalina Ainuu-Enari told the Samoa Observer, [OneCoin] is a snare that is used to catch peoples money. It has also been reported by the local media that Samoan church ministers might be a part of this scheme as well though there is no clarity on the same.
This pyramid scheme has already been fined with 2.59 million euros by Italy in 2017. Now, the Samoan officials are investigating if the countrys people have been defrauded.
Last week, the governor of Samoa Central Bank, Maiava Atalina Ainuu-Enari told the Samoa Observer, [OneCoin] is a snare that is used to catch peoples money. It has also been reported by the local media that Samoan church ministers might be a part of this scheme as well though there is no clarity on the same.
Lawsuit filed on NANO team for voilating federal security laws
A class action lawsuit has been filed against the Nano and its core team by a US law firm in behalf of the investors that alleges Nano of violating the federal security laws for unregistered selling of securities and leading investors to the exchange, BitGrail which suffered a hacking attack to lose million of XRB ( nano cryptocurrency ) in February 2018.
A cryptocurrency investor law firm in the USA has filed a class action lawsuit against Nano (previously known as RaiBlocks (XRB) on behalf of Nano investors in the United States District Court, Eastern District of New York.
A cryptocurrency investor law firm in the USA has filed a class action lawsuit against Nano (previously known as RaiBlocks (XRB) on behalf of Nano investors in the United States District Court, Eastern District of New York.
We could expect another fall of bitcoin's price in the coming week whether we like it or not because India had a lot of people who are engage in crypto and also own cryptocurrency. I guess they are now on a silent mode and monitoring the news and waiting what would happen in the coming days.
outside india no one cares. india counts for nothing in this market. volumes are negligible. there are no significant indian services. no development comes out of there. no one there is mining.
we may miss it in the future, but then again you can't miss what you never had.
They may have a small contribution for now but u cant deny that ,with such a huge mass they have a great potential to b a big contributer in future.
and if they are banned from using it ,it will certainly send a bad message in other countries for sure
I think this is once again one of those instances where people are running with a story that are factually wrong. India has not
said that it is banning Crypto currencies, but nothing is stopping the media to run with that story. The FUD wagon is running
on no brakes now.
The sites that I have found reporting on this, is by far not anywhere close to reputable media outlets.
Time will tell if I am wrong.
I hope this is just FUD news or it it make huge blow on the bitcoin prices more and more.But as far as I know there is no news related to this when I asked my Indian friends so the mendia juat telecasting the news wrongly.said that it is banning Crypto currencies, but nothing is stopping the media to run with that story. The FUD wagon is running
on no brakes now.
The sites that I have found reporting on this, is by far not anywhere close to reputable media outlets.Time will tell if I am wrong.
RBI has released circulars to address this .
https://coingape.com/rbi-final-call-dealing-cryptocurrencies-in-india/
https://coingape.com/rbi-cryptocurrency-ban-in-india/
official RBI statement in point 13
https://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=43574
https://coingape.com/rbi-final-call-dealing-cryptocurrencies-in-india/
So RBI has given 3months deadline to the traders and exchanges :/
So RBI has given 3months deadline to the traders and exchanges :/
The central bank of India (RBI) today, directed all the regulated bodies to not to provide services to any individual and business entities that use or deals in virtual currencies within a specified time period i.e. about 3 months.
RBI bans regulated entities to deal with crypto users
Reserve Bank of India (RBI) has barred the regulated entities including banks from providing services to any individual or business entity that deals with virtual currencies.
Today has been the first bi-monthly Monetary Policy Statement of 2018-19 of RBI, where the central bank has given a 3 months period to sever their ties with the entities using virtual currencies.
RBI bans regulated entities to deal with crypto users
Reserve Bank of India (RBI) has barred the regulated entities including banks from providing services to any individual or business entity that deals with virtual currencies.
Today has been the first bi-monthly Monetary Policy Statement of 2018-19 of RBI, where the central bank has given a 3 months period to sever their ties with the entities using virtual currencies.
Re: Australia Lays Down New AML/CTF Rules to counter money laundering and terrorism
With the rise in the cryptocurrency and ICO market, crypto exchanges, which are integral to the markets liquidity are also on an upward trend. Recent reports suggest that these exchanges charge anywhere between $1 to $3 million to list a token.
Crypto exchanges charges $50k-$3M, while Nasdaq charges $55k
In todays crypto world, crypto exchanges play an extremely important and popular role. A registered exchange, on its way to create the path to liquidity rolls in money. For instance, one of the fastest growing crypto exchange Binance raised around $2 billion in just about six months.
Cryptocurrency exchanges have various ways to earn money among which listing the tokens of an ICO (initial Coin Offering) is one such lucrative option. For a token to be listed on an exchange, it would cost one somewhere around $50,000 to $3 million.
Crypto exchanges charges $50k-$3M, while Nasdaq charges $55k
In todays crypto world, crypto exchanges play an extremely important and popular role. A registered exchange, on its way to create the path to liquidity rolls in money. For instance, one of the fastest growing crypto exchange Binance raised around $2 billion in just about six months.
Cryptocurrency exchanges have various ways to earn money among which listing the tokens of an ICO (initial Coin Offering) is one such lucrative option. For a token to be listed on an exchange, it would cost one somewhere around $50,000 to $3 million.
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