Over 15% of ETH Supply Locked in Smart Contracts, BTC Dominance Declining

Over 15% of ETH Supply Locked in Smart Contracts, BTC Dominance DecliningThe rapid growth of decentralized finance (defi) protocols is contributing to the increasing proportion of ETH supply that is now locked in smart contracts. More than 15% of the total ETH supply is now locked, compared to 11.5% from a year ago. This growth led to the inevitable decline of BTC dominance. According to a […]

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Fueling the Cannabis Industry: US Crypto Lending Service Files for Regulated Token Sale

Fueling the Cannabis Industry: US Crypto Lending Service Files for Regulated Token SaleChicago-based lending firm Ceres recently filed for a request to conduct a Reg. A sale in order to get approval from the U.S. Securities and Exchange Commission (SEC). Ceres wants to launch a token that will be used for garnering equity, while the company also wants to launch a coin that can be used to […]

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CoinTracking.info Helps Crypto Traders Avoid Costly Tax Mistakes

CoinTracking.info Helps Crypto Traders Avoid Costly Tax MistakesCoinTracking.info, the world’s most popular cryptocurrency tax software, is announcing the launch of a new service aimed at helping crypto traders avoid a common tax-time mistake: submitting incomplete or incorrect data to the IRS.

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Mike Bloomberg’s 2020 Finance Policy Proposes Strict Bitcoin Regulations

US Presidential Candidate Mike Bloomberg's Finance Policy Begs for Strict Bitcoin RegulationsThe 2020 U.S. Presidential candidate Michael Bloomberg addressed the subject of cryptocurrencies and initial coin offerings (ICO) in his recently published Financial Reform Policy. Bloomberg wants more “regulatory oversight” when it comes to this promising technology, claiming he sees “plenty of hype, fraud and criminal activity.” Also read: Bitcoin, Tesla Stock, Tron: How Warren Buffett […]

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SEC Issues Alert Against Initial Exchange Offerings

SEC Issues Alert Against Initial Exchange OfferingsThe SEC has issued an alert to investors regarding initial exchange offerings. This warning is not an official statement on regulatory policy, but it does indicate the way the American market regulators view the practice and why many exchanges are shunning U.S. investors. Also Read: Telegram Rejects SEC Request to Hand Over Bank Records for […]

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Bithumb Pledges $8M to South Korea’s ‘Regulation-Free’ Blockchain Zone

Bithumb Pledges $8M to South Korea's 'Regulation Free' Blockchain ZoneSouth Korean cryptocurrency exchange Bithumb has pledged to invest roughly $8 million into the Busan blockchain zone. The region was recently declared “regulation-free” by the national government and modeled after the Switzerland town of Zug. Bithumb’s subsidiary GCX Alliance will discuss the preliminary plans with the Financial Services Commission (FSC) this month. Also read: Mining […]

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Chinese Regulators Question 8 Crypto Companies in Shenzhen

Chinese Regulators Question 8 Crypto Companies in Shenzhen, Reports DetailAuthorities in Shenzhen have started pressuring crypto businesses operating in China’s tech capital. Eight companies, two suspected operators of trading platforms, and six entities allegedly associated with coin offerings, have been placed under inquiry, Chinese media revealed, with authorities reportedly questioning their representatives at a meeting hosted by Shenzhen Financial Regulatory Bureau. Also read: Crypto […]

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Bank of Lithuania Issues Guidelines on Security Token Offerings

Bank of Lithuania Issues Guidelines on Security Token OfferingsRecognizing that businesses are seeking alternative ways to raise capital other than bank lending, the Bank of Lithuania has issued new guidelines on security token offerings. The goal is to clarify applicable rules without introducing more regulations. Also read: Mario Draghi Leaves European Central Bank Without Ever Raising Interest Rates Guidelines Aiming to Avoid More […]

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