Blockchain Trade Organization DATA Enters The Lobbying Fray

Blockchain, News, Regulation | March 19, 2018 By:

Several companies in the cryptocurrency and blockchain ecosystem have come together to establish the Digital Asset Trade Association (DATA), a global non-profit organization focused on lobbying on behalf of the industry within all levels of governments, corporations, and communities.

The first order of business is to kick-off a search for candidates to lead the trade organization as executive director.


Twitter May Ban Cryptocurrency-Related Advertisements

ICO News, News | March 19, 2018 By:

Microblogging site Twitter will reportedly ban crypto-related advertisements within the next two weeks. Twitter is following similar moves by Facebook and Google which have restricted ads about cryptocurrencies due to concerns about illicit activities.

According to Sky News, Twitter is planning a new advertising policy that is expected to come into effect in a couple weeks.


Crypto Mining Firms In New York To Be Charged With Higher Power Prices

Announcements, FinTech, News, Regulation | March 19, 2018 By:

The New York State Public Service Commission (PSC) has ruled that upstate municipal power authorities can raise their electricity rates if cryptocurrency mining companies choose to use the state’s hydropower.

The ruling comes after the New York Municipal Power Agency (NYMPA) petitioned the PSC regarding concerns that high density load customers,


ICO Regulatory Framework To Be Introduced In France

News, Regulation | March 19, 2018 By:

The Autorité des marchés financiers (AMF), the French financial supervisory authority, is reportedly preparing a new regulatory framework with regard to initial coin offerings (ICO).

According to local news outlet Les Echos, the French Ministry for the Economy and Finance confirmed that the regulatory framework proposed by the AMF would recognize ICOs as a legitimate means of investment.


Blockchain Platform Wirex Partners With Contis For Contactless Crypto Debit Cards

Announcements, News | March 19, 2018 By:

Banking and payments solutions provider Contis Group has teamed with blockchain personal finance platform Wirex to offer cryptocurrency payments and bitcoin-based financial products.

Founded in 2008, Contis provides alternative banking and payment solutions for international brands and businesses. It offers an alternative banking solution for people who do not want a bank current account,


Crypto Investment Scheme Promoters Halted By US District Court

FinTech, News, Regulation, Uncategorized | March 19, 2018 By:

A US district court in Florida has frozen the assets of four individuals who allegedly promoted deceptive money-making schemes involving cryptocurrencies.

The Federal Trade Commission (FTC) said Friday that the federal court of Florida’s southern district has upheld the agency’s request for a temporary restraining order against Thomas Dluca,