According to Valerie Szczepanik, the US SEC (Securities and Exchange Commission) Advisor for Digital Assets & Innovation, platforms that are looking to list IEOs (Initial Exchange Offerings) for a fee could end up facing regulatory problems.
Cryptocurrency News
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Reserve Launching Payments App in Angola & Venezuela
Last updated: December 10, 2019, 8:57 am Cryptocurrency NewsReserve, the stablecoin project, announced via a press release on May 12 that it was launching an app for crypto-fiat payments using its stablecoin in Angola and Venezuela. In the same press release, Reserve also announced that it was listing its own utility token, RSR (Reserve Rights), on major cryptocurrency exchange Houbi’s token sale platform Houbi Prime.
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GE Aviation To Use Blockchain In Fixing Aircraft Parts
Last updated: December 10, 2019, 8:57 am Cryptocurrency NewsGE Aviation is responsible for supplying jet engines to around 60 percent of the world’s airline industry. Interestingly, it has announced its development of a blockchain-powered supply chain track-and-trace system, which has been made possible through the help of Microsoft Azure.
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ConsenSys CEO Has Predictions For Crypto, Facebook, & Trump
Last updated: December 10, 2019, 8:58 am Cryptocurrency NewsJoseph Lubin, the CEO of ConsenSys, had a very interesting keynote address in Red Hook, Brooklyn. For the participants, it felt like it was already 2047. Well, here is everything about it in a nutshell.
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Boston Fed To Design Blockchain ‘Supervisory Node’
Last updated: December 10, 2019, 8:58 am Cryptocurrency NewsThe Federal Reserve of Boston is reportedly making a huge step in the space. It turns out that the government body is going to jumpstart a new blockchain experiment, which will be performed this summer.
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Crypto Wallet Curv Obtains $50 Million
Last updated: December 10, 2019, 8:58 am Cryptocurrency NewsCurve has reportedly acquired around $50 million of insurance covered. The figure is meant for the crypto security company’s institutional customers and is thanks to the reinsurance giant called Munich Re. Here is everything about it in a nutshell.
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Two Blockchain Players Fund Ethereum Project MolochDAO
Last updated: December 10, 2019, 8:58 am Cryptocurrency NewsIt seems to be a good day to live for the CEO of SpanChain, thanks to an Ethereum funding initiative. It turns out that the said venture resulted in a major boost from two of the biggest names in the blockchain space.
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E&Y Reveals QuadrigaCX Assets and Debt
Last updated: December 10, 2019, 8:58 am Cryptocurrency NewsBig Four audit firm, Ernst & Young (E&Y) released its report outlining now-defunct cryptocurrency exchange QuadrigaCX’s, and its subsidiaries’, assets and debts.
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EY Releases Latest Report About QuadrigaCX
Last updated: December 10, 2019, 8:58 am Cryptocurrency NewsIt seems the storm involving QuadrigaCX is far from over in the crypto space. According to the latest report, the Canadian crypto exchange, which plummeted following the demise of its CEO and founder in 2018, is believed to only have $21 million in assets. However, it is also said to owe creditors at least $160 million.
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A Group Is Investigating The BTC Holdup In Venezuela
Last updated: December 10, 2019, 8:58 am Cryptocurrency NewsAlejandro Machado is known in Venezuela is the co-founder of the Open Money Initiative (OMI). The expat is reportedly hell-bent at helping his homeland while remaining hopeful about the world’s leading crypto.