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Gibraltar Paves Way for Regulation of Crypto and DLT Companies

Regulation The Legislature of Gibraltar has approved a bill designed to update the territory’s Financial Services regulations. The bill is expected to pave the way for the territory’s introduction of comprehensive legislation governing the operations of companies working in the distributed ledger and cryptocurrency industries next year.Also Read:

DIMPAY ICO – Don’t Miss Your Chance to Invest in DIMPAY before the Exchange Listing!

The DIM Ecosystem has expanded further with the launch of DIMPAY, an instant, borderless and decentralized payment system based on NEM blockchain technology. DIMPAY aims to facilitate cashless transactions for consumers and merchants, along with providing a potential financial solution for the 2 billion individuals worldwide without access to bank accounts.DIMPAY is specifically developed to facil

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Garzik Forks UnitedBitcoin Away from “Maximalists” to Support Altcoin Communities

A new project called UnitedBitcoin (warning: the site autoplays audio) promises to add smart contract features using the UTXO model, support for the lightning network and SegWit, and eight-megabyte blocks. Headed up by Jeff Garzik, the lead developer behind the failed SegWit2x hard fork, along with Matthew Roszak and SongXiu Hua, this UnitedBitcoin (UB) hard fork will offer replay protection to pr

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That Business Is Absolutely on Fire, Nick Cowan Gives Thoughts on Crypto

Cointelegraph continues publishing interviews with prominent guests of BlockShow Asia 2017, that took place in Singapore in November 2017.This time we talked with Nick Cowan, managing director and founder of GSX, Gibraltar’s first regulated stock exchange. With his 30-years’ experience in the investment business and knowledge about the culture of business across the Eurasian continents, he is

South Korea Imposes Six Conditions for Crypto Exchanges to Operate

Economy & Regulation The government of South Korea is preparing a bill which attempts to prohibit all transactions involving cryptocurrencies including bitcoin unless they take place through exchanges that meet six conditions.Also read: South Korea Clarifies Position After Reports of Possible Ban on All Crypto TransactionsThe Proposed BillTh

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ICOs Can Be Effective Fundraising Tools, SEC Chairman Says

The Chairman of US Securities and Exchange Commission (SEC), Jay Clayton, issued a public statement on Monday regarding cryptocurrencies and Initial Coin Offerings (ICOs).The statement serves as a warning directed to both “Main Street” investors and market professionals and concludes that most tokens sold in ICOs to date are likely securities under US law.Warning to “Main Street” investors

Israeli Regulator Won’t Allow Bitcoin Firms Be Included in Stock Indices

Regulation While still claiming to want innovative companies to establish themselves under his jurisdiction, the top Israeli regulator today came out against bitcoin-related businesses.   Also read: Gold Mining Company’s Shares Jump 1,300% After Switch to BitcoinBitcoin Not Welcomed on TASESpeaking this morning at the Hi-tech Growth and D

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New In-Game Cryptocurrency Systems Let You Buy Assets in the Virtual Reality World

High Fidelity is announcing the launch of Avatar Island, a VR domain where High Fidelity users can purchase items for their avatars, all contributed by digital artists from around the world.High Fidelity is a next-generation platform for Virtual Reality (VR) worlds developed by Philip Rosedale, the creator of the once very popular Second Life. In September 2017, the company announced that it was d

Leaked Documents, Withheld Funds, and Altcoin Pumps: Bittrex Faces Increasing Scrutiny

News Prominent cryptocurrency exchange Bittrex has come under increasing scrutiny in recent weeks. A Russian Telegram channel indicates that a customer was accidentally forwarded passport documentation and other sensitive data for users of the exchange in an email generated by the exchange. Also, a number of Iranian traders are complaining that they

SEC Ramps Up Crypto Oversight – Hires Coin ETF ”Expert”

Regulation After what many considered a dithering reluctance, the bureau charged with maintaining order in the world’s biggest speculative markets, the US Securities and Exchange Commission (SEC), is ramping up efforts to consider regulatory policy toward cryptocurrencies, ICOs, and cryptocurrency funds. This comes directly after two key executive

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