Estonia’s Own Private Bull Run Boasts 900 Crypto Firms in Less Than a Year
Bitcoin News has been following Estonia’s cryptocurrency march with some interest this year, and with over 900 licenses granted within the first year of the regulator’s initial registration ruling in that country, there seems to be no stopping its enthusiasm for the enterprise. Estonia was one of the first jurisdictions in the EU to legislate […]
VeChain Blockchain Is Stamping Its Mark on Fashion, Trains Sight on China
VeChain, the blockchain-enabled platform designed to enhance product management in the supply chain, has a new potential client in Swedish multinational clothing-retail company H&M. H&M’s in-house clothing brand Arket has been using VeChain for product testing its supply chain tracking solutions, with a company spokesman reporting that the test “is ongoing,” but as yet not […]
New Report Cites Multiple Causes for ICO Funding Slump in Q3
In a new report by ICORating, ICO funding succumbed to a significant nosedive in Q3, dropping to 48% of its Q2 levels in 2018. ICORating specializes in evaluating companies with a planned ICO. Their analysis is described by the company as being thorough and objective, reviewing companies as potential investment objects. The report revealed that […]
Reddit Founder Claims Crypto Market Needs a Crash Before Take Off
Reddit founder Alexis Ohanian has remarked in an interview with CNBC that he believes that a crash in the cryptocurrency market as seen over the past few days is needed in order for the market to stabilize and mature over time. The Reddit entrepreneur feels that focus on software development and infrastructure within the cryptocurrency industry […]
Paragon and Airfox Become First ICOs to Receive Civil Penalties for Securities Violations
The Securities and Exchange Commission (SEC) of the United States has issued its first civil penalties for conducting initial coin offerings (ICOs) without proper securities registration. Paragon (PRG) and Airfox (AIR) have each been fined USD 250,000, ordered to refund harmed investors, register the tokens as securities, and file periodic reports with the SEC. This is […]
Canada’s Lawmakers Seek AML Regulations for Exchanges, Wallets
Canadian lawmakers are calling for tighter cryptocurrency regulations to cover anti-money-laundering (AML) and illegal activity. Canada’s move towards further cryptocurrency regulation and transparency reflects the growing trend with governments around the world to tighten the regulatory grip on the industry. The US Securities and Exchanges Commission (SEC) has been particularly active this year in tracking […]
