Tag Archives: Emerging Markets

Thailand Stock Exchange Considering Gov’t License to Trade Bitcoins

The Stock Exchange of Thailand (SET) could become the latest entity to obtain a cryptocurrency trading license in the country. This news comes as the bourse is reportedly mulling to become a licensed digital asset trading platform.  SET Eyes Digital Asset License to Trade Cryptocurrency According to the Bangkok Post, the SET plans to apply to the Thai Finance… Read More »

ICOs Raked in $13 Billion Despite 90% ETH Price Drop, New Research Finds

ICOs made almost $13 billion in profits from their token sales despite the 2018 cryptocurrency bear market, new research from BitMEX reveals. BitMEX: ICO Issuers ‘Gave Themselves $24 Billion’ Published January 16, the third instalment of the trading platform’s dedicated series on ICO statistics also suggests ICO teams “gave to themselves” tokens worth over $24 billion at the… Read More »

The Marshall Islands is Getting Serious About Its SOV Cryptocurrency

A usual reaction when looking for innovation centers is to turn to Silicon Valley, Tokyo, or New York. Yet, when it comes to cryptocurrency adoption, time and again, we’re seeing the smaller countries pick up the torch. Next in line after Malta, Gibraltar, Lichtenstein, and Switzerland is the Republic of the Marshall Islands, developing their own legal tender… Read More »

SEC Report: Examining Cryptocurrency a Priority in 2019

The Office of Compliance Inspections and Examinations (OCIE) of the United States Securities and Exchange Commission (SEC) listed the cryptocurrency market as one of the six focus points of its compliance monitoring activities for 2019. Spotlight on the Cryptocurrency Market According to a report titled “2019 Examination Priorities,” OCIE says it plans to shine the spotlight on the… Read More »

China Quietly Makes It Illegal to Run a Node Without Gov’t Approval

China has introduced new regulations intended to promote the ‘healthy development’ of blockchain technology. However, the new law also entitles the Cyberspace Administration of China to supervise node operators, as well as to request private information.  New Blockchain Regulations China’s Office of Central Cyberspace Affairs Commission (CAC) issued new regulations dubbed “Regulations on the Management of Blockchain Information… Read More »

BIS Reports 70% of Central Banks Are Studying Cryptocurrencies

A new report published by the Bank of International Settlements (BIS) shows that the majority of central banks are studying central bank digital currencies (CBDC). However, most of them are unlikely to issue any type of digital currency in the near future.  CBDC ‘Unlikely’ in The Short Term BIS published the results of a new survey on central… Read More »

Bitcoin Will Pass $7 Trillion Gold Market Cap, Winklevoss Twins Say

The biggest names in Bitcoin reaffirmed their belief in a wave of adoption and a sky-high Bitcoin price January 7, forecasting it to pass that of gold. Bitcoin ‘Certainly OG Crypto’ On social media, entrepreneur and Proof of Keys organizer Trace Mayer joined Tyler and Cameron Winklevoss in contemplating a bullish future for Bitcoin. Since launching regulated US… Read More »

Seized Monero Up For Auction In UK First

An auction house in Northern Ireland is holding the UK’s first live online auction of seized cryptocurrency. The sale, of 167.69 monero coins will start at midday tomorrow (GMT). First Sale Through Private Auction House Wilsons Auctions, of Newtownabbey, have arranged the sale, which will allow participants to view the live price and place bids online. While governments… Read More »

Crypto-Lenders Are Winning The Bear Market By Playing Both Sides

 Crypto lending has taken off despite the extended bear market of 2018, as these businesses took advantage by catering to both sides of the trade. Crypto Lenders Playing Both Sides of the Field During the extended bear market of 2018, as layoffs soared, and fortunes hemorrhaged, lenders were rubbing their hands in glee. It seems everyone was borrowing; bulls… Read More »

The Federal Reserve Could Launch a ‘FedCoin’- But There’s Really No Point

It seems as if the Federal Reserve really understands the core values of Bitcoin and that launching a national cryptocurrency is pointless. Director of the IMF Christine Lagarde spoke out about the benefits of central bank digital currencies (CBDCs) this November. She said that they could improve security, accelerate financial inclusion, reduce poverty, and afford greater privacy. She… Read More »