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South Korea Progresses Bill to Provide Legal Foundation for Cryptocurrencies

News South Korea’s National Assembly is progressing a bill that will provide a legal basis for cryptocurrencies in the country. The bill categorizes virtual currencies as digital assets and intends to bring regulatory clarity and transparency to crypto markets in South Korea, English-language news..

CFTC Chair on Crypto Regulation: We Don’t Want to Snuff out Innovation

News The chairman of the United States Commodity Futures Trading Commission (CFTC) has called for “principles-based regulation” for cryptocurrencies. Heath Tarbert, who assumed his post following former Chairman J. Christopher Giancarlo in July 2019, stated that taking such an approach in regulat..

US CFTC Turns Its Fintech Lab Into an Independent Office in D.C.

News The United States Commodity Futures Trading Commission (CFTC) gives its fintech research unit LabCFTC status as an independent operating office. Blockchain and digital assets are an important part of developmentEstablished by the CFTC in 2017 with the goal of engaging with the fintech communi..

Security Numbering Association to Consider Standards for Digital Assets

News A global association of national numbering agencies has set up a new task force to assess the adoption of name standards for digital assets. All types of tokens to be consideredThe Association of National Numbering Agencies (ANNA) will examine the identification of digital assets such as toke..

Hybrid AI Firm Cindicator Launches Tracking App for 150 Digital Assets

News Hybrid intelligence firm Cindicator launched Edge, a new web app for receiving and tracking indicators for over 150 digital assets. Estimating probability in the marketAccording to a blog post on Sept. 11, the new product called Cindicator Edge targets holders of Cindicator (CND) tokens and i..

Report: No Bank Account Needed to Transfer China’s Upcoming CBDC

News Binance Research, the research arm of the major crypto platform Binance, has reported that no bank account will be necessary to use China’s Central Bank Digital Currency (CBDC). Loose coupling and anonymityBinance Research shared its findings on Aug 28. According to the report, China’s CBDC w..

US SEC Reaches $10 Million Settlement With Digital Assets Issuers

News The United States Securities and Exchange Commission (SEC), a primary governmental regulator, has settled charges with digital assets company Bitqyck Inc. and its founders. Smart contracts and crypto mining?The SEC announced the development in a press release on Aug. 29. According to the anno..

Online Sentiment Toward Crypto Market in 2019 — Attitudes Are Positive

Analysis Despite all of the bad press that the digital asset industry continues to receive on an almost daily basis, it appears as though the overall sentiment of the online communities in regard to this burgeoning domain is still pretty positive. For example, Comparitech — a research firm that pr..

Virgin Bitcoin — Most In-Demand Crypto That Is Regulated Differently?

How to crypto In a world where the global crypto community continues to face a growing number of regulatory hurdles with each passing day, the term “virgin Bitcoin” is starting to become more common among digital currency enthusiasts. However, it is of utmost importance to clarify what this term a..

Thailand Approves 4 New Cryptocurrency Service Providers

The Thai Securities and Exchange Commission has approved four new crypto business operators to legally operate in the country. In addition to licensing a new crypto exchange, the government has officially approved the country’s first three digital token portals. Meanwhile, new rules, conditions, and..

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