AMF (Financial Markets Regulator), the stock market watchdog in France, recently blacklisted 4 cryptocurrency websites for offering unauthorized investments according to a statement the company made on Friday, December 14th. The announcement includes 9 companies that are supposedly operating without required regulatory approval including all 4 of the cryptocurrency firms.…
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Startup Revoult Gains License Through Lithuanian Bank
A fintech startup known as Revolut, is crypto-friendly that made tech news when it obtained a Lithuanian banking license according to a report on TechCrunch as of December 12. Obtaining a Lithuanian Banking License According to the report, the license was obtained by the startup using the Bank of Lithuania.…
Ethereum Developers Agree on Constantinople Upgrade
An upgrade to the ETH (Ethereum) Constantinople is moving ahead as scheduled. On December 11th, new code was published to the software client on GitHub that includes a new Constantinople activation time. According to the post, Geth (Go Ethereum v1.8.20) is an important release that will permit the…
CEX.IO Acts to Eliminate Anonymity In Cryptocurrenty Trading Before Brexit
CEX.IO, which is a digital currency exchange in the United Kingdom, is reportedly now requiring its users to properly identify themselves. CEX.IO began operations in 2013 as a provider of cloud mining. At the moment, the London-based exchange offers trading in 8 top cryptocurrencies as well as 4…
Stable Coins Are a Growing Trend n the Cryptocurrency World
A growing trend in the world of cryptocurrencies is the use of so-called stablecoins. This according to data compiled by a research company named Diar. In the last 3 months according to Diar, a set of 4 stablecoins has passed $5 billion in on-chain transactions. These coins include the Gemini…
SEC Delays Bitcoin ETF Approval Until February
SEC Again Postpones Bitcoin ETF Decision In the United States, the Securities Exchange Commission (SEC) once again delayed deciding on whether it would approve a Bitcoin exchange-traded fund (ETF). The updated deadline is now February 27, 2019. Until then, they will once more review a set of rule changes that…