The president of the world bank group Jim Yong Kim has expressed his view that blockchain technology has “huge potential” and that the bank should keep pace with innovative technologies. Kim’s remarks came at the international monetary fund (IMF) and…
US Regulator moves to Stop Operations of Three Suspicious Crypto Promoters
The crypto community has had to deal with its fair share of legal and regulatory action lately the latest being North Dakota Securities Commissioner Karen Tyler issuing cease and desist orders against three firms for allegedly offering unregistered and fraudulent…
The SEC Intensifies its Crackdown on ICO’S Despite Protests of Regulatory Ambiguity
The SEC continues its scrutiny on cryptocurrency projects by expanding their crackdown on initial coin offerings (ICOs). The watchdog’s heavy involvement in crypto by way of scrutiny is putting a lot of crypto projects at risk according to a study…
UK Crypto Regulations Could take Two Years to Arrive According to Legal Expert
Crypto-currency regulation talks have taken center stage in the developed world over the past couple of months with countries seeking to gain clarity from their financial regulators on where they stand when it comes to classifying cryptocurrency. In the case…
The SEC Closes in on an Alleged “pump and Dump” ICO Scheme
Pump and dump schemes have been the order of the day for months now, with unscrupulous characters trapping investors then making a killing after managing to pull money into a digital asset. This horrible malpractice has caught the attention of…
Thai Commerce Ministry Looks to Blockchain for Agriculture, Finance and Copyright
The ministry of finance in Thailand has begun to explore feasibility studies on the ust]e of the blockchain in copyright, agriculture, trade finance, according to a Thai newspaper post posted on the 9th of October. An official from the Thailand…
Amateur crypto jacking the most prominent and worrying trend in 2018
The year of the crypto boom 2017, also signified a big year for crypto heists since cases of crypto-jacking increased by 8,500 percent. 2018 has also come out as a big year for crypto mining malware according to a report…
Russia’s elusive legislation when it comes to crypto
Russia has been busy in 2018 doing other things other than just hosting the FIFA world cup. Russia has been busy trying to pass cryptocurrency regulation since the start of the year with no success as of yet. The government’s…
Michael Arrington threatens to Halt US Investments after Second Subpoena
Worrying news for crypto startups this week as prominent investor Michael Arrington threatens to stop investing in the United States based startups. In an era where business startups are mushrooming all over the globe, none are more common and prevalent…
Ripple Leads Coalition to Drum up Support for the Crypto Industry by Government
Crypto giants Ripple whose token is ranked third by market capitalization is at it again. This time leading a group of crypto startups to lobby lawmakers and financial regulators in the United States capital to throw their weight behind blockchain,…