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FSA considers further tightening of crypto rules
18 April, 2019 10:51

FSA considers further tightening of crypto rules

Japan’s main financial regulator will reportedly require cryptocurrency exchanges to strengthen internal control over cold wallets (offline wallets) designed to store digital money and customer security. Such actions by the Financial Services Agency (FSA) are explained by the presence of problems in ensuring the safe storage of virtual currency.

Oil prices up on API reports
17 April, 2019 17:55

Oil prices up on API reports

Oil prices have remained on the rise driven by the API reports about lower fuel reserves in the USA. The June futures for Brent oil on London ICE Futures reached some $71.80/bbl. The May futures for WTI oil on NYMEX posted an upturn to some $64.40/bbl but then reversed to some $64.00/bbl in the course of the day.

Forbes unveils list with Blockchain Billionaires
17 April, 2019 17:02

Forbes unveils list with Blockchain Billionaires

The Forbes news agency has published a list of companies implementing blockchain technology whose capitalization exceeds one billion dollars. The list includes companies leading the development of their own cryptocurrency or blockchain platforms, as well as firms using innovative technology to manage logistics or track product quality.

eToro puts on stream regulated crypto exchange
17 April, 2019 16:23

eToro puts on stream regulated crypto exchange

The social investment company – eToro – reportedly rolled out its cryptocurrency trading platform via its blockchain arm. the announced exchange will be known as eToroX and fully regulated by the Gibraltar Financial Services Commission. The platform will offer its users trading services supporting different stablecoins. 

Central Bank of Romania: cryptos cannot fully substitute currency of central banks
17 April, 2019 15:46

Central Bank of Romania: cryptos cannot fully substitute currency of central banks

The representative of the Romanian central bank said that the cryptocurrency will succeed in grabbing the role of the currency issued by central banks. Daniel Daianu, a member of the Romanian National Bank (BNR)’s Administration Council, noted the importance of making the distinction between blockchain technology and digital currencies.

 

Arca files application for new bond-backed stablecoin
17 April, 2019 14:03

Arca files application for new bond-backed stablecoin

The Arca project dealing with digital asset management has reportedly filed an application for bond fund license with the US Securities and Exchange Commission. The company is seeking a launch of the fund with shares to be based on Ethereum blockchain and backed by the US Treasuries. The new investment fund called Arca US Treasury Fund will be ERC-20 token having features of USD-pegged stablecoin.

Cryptocurrency community not immune to French tragedy
17 April, 2019 12:22

Cryptocurrency community not immune to French tragedy

The global tragedy that unfolded on Monday in Paris led to the loss of a huge number of historical and cultural values. One of the most famous buildings in the world, Notre Dame Cathedral was partly destroyed as a result of a fire that ran through the building on the part of repairs works. The restoration of the cathedral will require millions of euros.

 

Gate.io generates $64 million for own token project
17 April, 2019 11:56

Gate.io generates $64 million for own token project

The cryptocurrency trading platform Gate.io has reported completion of its 7-day fundraising campaign with $64 million, which will be allocated for the development of internal token. The initial amount of orders for subscription for so-called Gate Points exceeded the initially planned level. In total, orders amounted to some $2.99 million.

Nestlé and Carrefour test new blockchain platform
17 April, 2019 10:51

Nestlé and Carrefour test new blockchain platform

At the moment, many companies in the food industry have begun to appreciate the possibilities of the blockchain technology, and in particular, increase the transparency of data. The Swiss food company Nestlé and the French supermarket chain Carrefour are testing blockchain technology to provide consumers with greater transparency in the food sector.

OKEx exchange refuses to remove Bitcoin SV
16 April, 2019 16:21

OKEx exchange refuses to remove Bitcoin SV

Unlike rivals, th cryptocurrency exchange OKEx stated that it would not delist Bitcoin SV, which actually fails to meet the platform's delisting requirements under the OKEx Token Delisting and Hiding Guidelines.

Rakuten announces online registration at Rakuten Wallet exchange
16 April, 2019 15:00

Rakuten announces online registration at Rakuten Wallet exchange

Japan's largest online store Rakuten, which is the Japanese equivalent of the e-commerce giant Amazon, has reportedly opened the account registration for potential users of its upcoming cryptocurrency exchange.

Finance Minister: France to promote blockchain
16 April, 2019 14:16

Finance Minister: France to promote blockchain

French authorities expressed intentions to promote implementation and development of the blockchain technologies in the country seeing them as a way to cope with the monopolistic positions of the financial giants. The French parliament approved new rules for the financial sector aimed at luring cryptocurrency traders as well as allowed integration of cryptocurrencies into insurance products.