The Hong Kong Stock Exchange (HKEX) may be looking into some strategic takeovers. A recent Bloomberg article from Friday (Sept. 21) indicated that HKEX is considered technology and blockchain-related takeovers, according to "people with knowledge of the matter." Per Bloomberg's report, their anonymous sources said HKEX…
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A New Cryptocurrency Incubator Is Opening in the European Union
According to recent local news reports, Swiss consortium Crypto Valley Venture Capital (CV VC) has taken the ambitious step of launching a blockchain incubator with a total goal of $100 million. The first incubator is called "Genesis Hub" and is based in Switzerland's Zug canton. Zug…
Coinbase Announces a New Chief Legal Officer for Future Cases
As of Wednesday (Sept. 19), the Coinbase exchange has announced they have a brand new Chief Legal Officer. Brian Brooks, who was formerly the Fannie Mac General Counsel, will take on the role with the popular cryptocurrency exchange, per a Coinbase announcement. Brooks brings an extensive resume with him to…
Attorney General Report Reveals Cryptocurrency Challenges
A recent report by the Attorney General of the state of New York indicates that exchanges for cryptocurrency are at a high risk of market manipulation. The report, which was released on September 18, 2018 suggests that the cryptocurrency exchanges could also be at risk of conflict of interest problems…
ANSI Enters Blockchain and AI Space with Scheduled Stakeholders Meeting.
The U.S.-based private non-profit organization American National Standards Institute (ANSI) is set to have a discussion related to the topics of artificial intelligence (AI) and blockchain technology. They'll discuss these particular subjects at their next Legal Issues and Joint Member Forum. The latest news came from…
Big Swings in the Values of Cryptocurrencies Scare Conservative Investors
Cryptocurrency has seen a lot of different movements in its market since its inception. As we move into the middle of September, today was no different. There were a lot of different movements in the cryptocurrency space that happened, both good and bad. The good news is, depending on how…