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Korean Government Expected to Announce ICO Stance in November, Official Says

October 15, 2018 By Mark Lyford Leave a Comment

The South Korean government is expected to announce its position on initial coin offerings in November, according to a high-ranking official. The decision will follow the outcome of the survey which the country’s Financial Supervisory Service recently sent out to domestic blockchain companies.

Also read: RBI Argues Supreme Court Should Not Interfere With Its Crypto Decision

ICO Stance Expected in November

Hong Nam-ki, Chief of the Office for Government Policy Coordination, conveyed during a parliamentary audit on Thursday that “The Korean government is likely to announce its stance on the much–disputed status of initial coin offerings [ICOs] in November,” the Investor reported. Read more...

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Official Launch of Spacebook Test Network and Operation Centers in 10 Countries

October 12, 2018 By Mark Lyford Leave a Comment

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned … Continued

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FanChain Becomes Official Cryptocurrency of FanWide, the World’s Largest Fan Club Network

October 11, 2018 By Mark Lyford Leave a Comment

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Petition to Make XRP the Official Cryptocurrency of Tokyo 2020 Olympics Garners 7,500 Signatures

October 7, 2018 By Mark Lyford Leave a Comment

A petition to get the International Olympic Committee (IOC) to make XRP the official cryptocurrency of the next Summer Olympics has crossed the 7,500 signatures milestone.

XRP Will Ease Forex Tensions at the Games

According to Ken Takahashi, the creator of the petition, XRP has the potential to solve many logistical headaches associated with large international sporting events, especially concerning foreign exchange. Rather than putting enormous pressure on the Japanese yen, Takahashi proposes a system that requires the use of XRP.

Takahashi’s motivation comes from the struggles faced by people in the last few games. A portion of the petition reads: Read more...

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Crypto Daily Official YouTube Channel Giveaway

October 5, 2018 By Mark Lyford Leave a Comment

As you know, Crypto Daily has started an Ethereum giveaway related to our YouTube channel over at Crypto Daily Official!

We are currently at 430 subscribers on our YouTube Channel.

In order to take part in our Ethereum giveaway, you simply just need to subscribe to our YouTube channel. Once you have subscribed, there’s nothing more you need to do, for now at least…

Once we reach 1,000 subscribers, we will be releasing the full details of the competition, therefore you simply just need to keep an eye on our videos and updates. Read more...

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French Official Arrested for Allegedly Selling State Secrets for Bitcoin

October 2, 2018 By Mark Lyford Leave a Comment

A French security official with the Direction Générale de la Sécurité Intérieure (DGSI) was indicted last week and taken into custody on charges of selling state secrets in exchange for payments in bitcoin. According to local French media Le Parisien, the unnamed agent was allegedly arrested for peddling economic information and falsifying administrative documents. Protecting French

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Crypto Daily Official YouTube Ethereum Giveaway – Here’s What You Need To Know

September 28, 2018 By Mark Lyford Leave a Comment

To celebrate the growth of our new YouTube channel, Crypto Daily are running an Ethereum giveaway, giving one lucky subscriber a chance to win some free crypto (there’s nothing better than free crypto, right?)

How to take part

In order to take part in our Ethereum giveaway, you simply just need to subscribe to our YouTube channel. Once you have subscribed, there’s nothing more you need to do, for now at least…

Once we reach 1,000 subscribers, we will be releasing the full details of the competition, therefore you simply just need to keep an eye on our videos and updates. Read more...

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DBX – The Blockchain For Real World Apps Launches Official ICO

September 24, 2018 By Mark Lyford Leave a Comment

September 24th, 2018, Singapore – The technology company that’s leveraging Blockchain to build applications and businesses with transparency and control of data in its core, begins ICO.

DBX made headlines this week with the announcement of their ICO launch that is expected to shake up the Blockchain ecosystem. The ICO, which is now open, intends to help DBX expand its operations and help businesses utilise blockchain in a workable and “real life” manner. DBX, or Database X, has been described as a fundamental breakthrough in the rollout or usage of blockchain for more businesses. Read more...

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Regulations Round-Up: MAS Official Says Tokens Aren’t Securities, SEC on Bookkeeping Obligations

September 20, 2018 By Mark Lyford Leave a Comment

In recent regulatory news, an official representing the Monetary Authority of Singapore (MAS) has stated that no existing crypto tokens meet the regulator’s definition of a security offering; the chief accountant of the United States Securities and Exchange Commission (SEC) has emphasized the “fundamental” bookkeeping responsibilities of firms operating with cryptocurrencies; and the head of Abu Dhabi’s financial regulator has called on international legislators to “properly regulate” the cryptocurrency industries in order to facilitate greater market participation from mainstream institutions.

Also Read: The Daily: Coinbase Denies Self-Trading, Kraken Gets Feisty Read more...

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Official Launch of Liquid, a New Crypto Platform Opening up Liquidity for Crypto Markets Worldwide

September 7, 2018 By Mark Lyford Leave a Comment

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Crypto Exchange Circle Recruits Former Homeland Security Official as Legal Chief

September 6, 2018 By Mark Lyford Leave a Comment

Circle Internet Financial has welcomed a new Chief Legal Officer, Gus Coldebella into the company’s senior leadership team after a four-year stint at the Department of Homeland Security (DHS) where he became the organisation’s General Counsel. Announcing the new hire in a blogpost on September 6, Circle stated that Coldebella will be responsible for all of

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Petro Will Be An Official Alternate Currency in Venezuela

August 18, 2018 By Mark Lyford Leave a Comment

Venezuelan President Nicolás Maduro announced this that the Petro, an oil-backed cryptocurrency that the country launched to work around sanctions in February, will become an official currency for the state oil company PDVSA. By Monday next week, the Petro will become an accounting unit. According to the Spanish news site ABC, Maduro said in a televised

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Lightning Network Payment System “SparkSwap” Makes Its Official Debut

August 11, 2018 By Mark Lyford Leave a Comment

A new way to trade bitcoin and digital currencies is now in the books. SparkSwap is the first crypto exchange to be built on the Lightning Network. It allows users to trade both bitcoin and altcoins in seconds without depositing assets with a third party.

In a blog post, SparkSwap founder Trey Griffith said, “You can trade between different blockchains (currently Bitcoin and Litecoin, with others coming soon), with trades settling in about a second — a transaction time comparable to some of the leading centralized cryptocurrency exchanges. Read more...

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Yes, Stablecoins Can Secure Official Audits from Major Firms

July 26, 2018 By Mark Lyford Leave a Comment

“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken’s TrueUSD is fiat-collateralized. Under this model, each token (in theory) should be backed 1:1 with a corresponding dollar in a related bank account.

This model may not play out in practice as it does in theory, however. In a recent interview with Bitcoin Magazine, Reiss’s comment summarizes the bulk of his answer to our first question: How is TrueUSD different from Tether? Read more...

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Gibraltar Blockchain Exchange Official Launch

July 24, 2018 By Mark Lyford Leave a Comment

The Gibraltar Blockchain Exchange (GBX), which aims to position itself as a world-leading institutional-grade token sale platform and Digital Asset Exchange, has undergone its official full-scale launch. The newly launched exchange is now open to members of the public and will feature fiat on-boarding for customers, as well as a number of trading pairs, which it is set to expand in the future. Read more...

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Poloniex Launches Its official Mobile App for Android and iOS

July 15, 2018 By Mark Lyford Leave a Comment

Poloniex, the US-based cryptocurrency exchange platform, has launched a trading app for mobile users. This is the first official mobile app from Poloniex and is available on Android and iOS.

Poloniex Trading on Your Mobile Phone

Poloniex is owned by Circle, a finance company backed by Goldman Sachs. According to an announcement made on Circle’s blog, this will be the only officially supported Poloniex app in both the Android Play store and the iOS App Store.

This stamp differentiates it from the various Poloniex “support” applications that have been released in the past by third-party developers. Some of these indie apps have gained a bit of traction because of features essential for traders. Read more...

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trade.io Announces Official Launch Of Its Highly Anticipated, Customizable Crypto Exchange at Simultaneous London Events

July 3, 2018 By Mark Lyford Leave a Comment

Tuesday, June 03, 2018, Lugano, Switzerland – trade.io’s CEO Jim Preissler today announced during his keynote speech at the trade.io sponsored, Bloomberg event in London, England, that the Exchange, the flagship product of trade.io, will be launched on July 17th, 2018. The announcement comes after months of anticipation across the crypto world where they have eagerly prepared for the launch of trade.io’s live Exchange, and later its Liquidity Pool.

For the first month of launch, the company has also announced that they will offer commission-free trading to registrants. Pre-registration to the trade.io exchange is available here: https://exchange.trade.io Read more...

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Expedia Drops Bitcoin Payments, Official Confirms

July 1, 2018 By Mark Lyford Leave a Comment

Travel booking platform Expedia has stopped accepting bitcoin (BTC). A company representative confirmed the policy change, while stating that various payment options are being continuously evaluated without elaborating on the details. Expedia has been supporting bitcoin payments since 2014.

Also read: Russian Railways Eyes Crypto for Tickets, Blockchain for Cargo

Expedia Confirms Suspension of BTC Payment Option

Expedia.com, one of the world’s largest travel sites offering booking services for flights, hotels, and car rentals, is currently not accepting bitcoin (BTC). This week, the news was shared on Reddit by traveling bitcoiners who expressed their disappointment with the absence of the cryptocurrency among the payment options. Bitcoin payments have been available on Expedia for years. Read more...

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Indian Crypto Regulations Ready in July, Official Reveals

June 26, 2018 By Mark Lyford Leave a Comment

If you thought crypto in India was over, you were probably wrong. According to a recent statement by a high-ranking official, the long-awaited regulations are on the way. A draft framework has been prepared, and authorities in Delhi hope to “wrap this up” as early as the first half of next month. Meanwhile, the Supreme Court has agreed to review a petition against the RBI ban earlier than expected, resetting the hearing for July 3.

Also read: Taiwan’s Financial Regulator to Conduct Limited Oversight of Cryptocurrencies Read more...

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Korean National Assembly Makes Official Proposal to Lift ICO Ban

May 29, 2018 By Mark Lyford Leave a Comment

South Korea’s legislative arm of government is pushing for the removal of the country’s ban on domestic initial coin offerings.
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