Hong Kong: Illicit Crypto Mining Operations Are Punishable by Fine or Imprisonment

Hong Kong: Illicit Crypto Mining Operations Are Punishable by Fine or Imprisonment              The secretary of Hong Kong’s Financial Services and the Treasury has stated that crypto mining operations are regulated by local trading law. His written response to Hong Kong’s Legislative Council was published on Wednesday, April 3. The Council has solicited information about […]

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Thai Myanmar Central Bank Governors Endorse Blockchain Remittance Service

Thai, Myanmar Central Bank Governors Endorse Blockchain Remittance Service               The governors of two central banks endorsed the Ethereum (ETH)-based remittance system developed by blockchain company Everex, the firm reported in a press release shared with Cointelegraph today, April 5. The service is set up to send payments between Thailand and Myanmar. The system was […]

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Blockchain Mortgage Tech Startup Acre Software Raises 65 Mln From UK Financial Advisor

Blockchain Mortgage Tech Startup Acre Software Raises $6.5 Mln From UK Financial Advisor              United Kingdom startup Acre Software raised about $6.5 million to apply blockchain technology to the mortgage and insurance application process for advisers, a press release published on April 4 states. Per the release, nearly three-quarters of UK mortgages are facilitated by […]

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Coinbase CEO Names Three Things Crypto Needs for Mass Adoption

Coinbase CEO Names Three Things Crypto Needs for Mass Adoption             Brian Armstrong, CEO of major United States cryptocurrency exchange Coinbase, believes that crypto mass adoption mostly depends on volatility, scalability and usability. Armstrong made his claim during a live ask-me-anything (AMA) session on April 2. Armstrong ran the 45-minute AMA on Tuesday, […]

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Coinbase Makes LinkedIn’s Top Companies 2019′ List as Lone Crypto Firm

Coinbase Makes LinkedIn’s ‘Top Companies 2019’ List as Lone Crypto Firm             United States cryptocurrency exchange Coinbase has become the only cryptocurrency business to make it into LinkedIn’s list of the most popular companies for 2019, results confirmed on April 3. The yearly rundown, which ranks company popularity among employees, placed Coinbase at 35 out […]

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Montana County Adopts Regulation Requiring Crypto Miners to Use Renewable Energy

Montana County Adopts Regulation Requiring Crypto Miners to Use Renewable Energy              The United States county of Missoula, in the state of Montana, has adopted regulation for cryptocurrency mining, local media outlet the Missoulian reports on April 5. Per the report, the Missoula County Board of Commissioners voted unanimously to impose new rules for local cryptocurrency […]

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Bitcoin Price Will Hit 4 Million

Bitcoin Price Will Hit $4 Million Crypto Market Sets To Rise By 1,000x According To V.C Billionaire Tim Draper For the past few weeks, everyone has been paying attention to the Tom Lee Bitcoin price prediction and the Tim Draper Bitcoin price prediction. You see both men are well-known figures in the financial system and […]

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Blockchain Software Firm Digital Asset Open Sources its DAML Language

Blockchain Software Firm Digital Asset Open Sources its DAML Language               Blockchain software firm Digital Asset has open sourced its Digital Asset Modeling Language (DAML), the company announced on Twitter on April 4. Introduced in April 2016, DAML is an expressive language designed for financial institutions to model and execute agreements through distributed ledger technology […]

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A Brief History of the SEC’s Reviews of Bitcoin ETF Proposals

A Brief History of the SEC’s Reviews of Bitcoin ETF Proposals             It may span only a couple of years, but the history of Bitcoin exchange-traded funds (ETFs) and the United States Securities and Exchange Commission (SEC) is already a long one. Back in March 2017, the SEC rejected the application for a Bitcoin ETF put […]

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Princeton Expertise-Backed Startup Raises 37 Mln to Develop Smart Contract Scalability

Princeton Expertise-Backed Startup Raises $3.7 Mln to Develop Smart Contract Scalability           Offchain Labs, a blockchain startup co-founded by a professor at Princeton University, has raised $3.7 million in a seed round led by crypto hedge fund Pantera Capital, TechCrunch reports on April 3. The new funding round was also supported by Compound VC, Raphael […]

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