Malta, the little island that is part of the European Union, has managed to become the headquarters of several companies in the crypto world. With attractive legislation, officials especially dedicated to promoting technology and a convenient tax regime, large players of the crypto ecosystem have already settled on this small island in the Mediterranean.
Elastos, a decentralized infrastructure for web-based transactions, organized a gathering of industry leaders on Nov. 15 in San Franciso to discuss the future of regulations, compliance, and best practices throughout the blockchain and cryptocurrency ecosystem.
Representatives of exchanges, including 0x and HBUS, as well as compliance directors from leading blockchain projects joined to engage in a meaningful dialogue about the regulatory framework needed to foster the industry’s maturation.
As we reach the tenth anniversary of the introduction of bitcoin, we stand on ground that shows regulators, and the financial services industry as a whole, are taking a keen interest in the next stage for cryptocurrencies.
They’re asking the critical questions that will aid in regulation,
Power Ledger, a decentralized energy trading platform and winner of Richard Branson’s 2018 Extreme Tech Challenge, has deployed its peer-to-peer renewable energy trading platform at licensed retail electric provider American PowerNet’s headquarters in Wyomissing, Penn.
American PowerNet’s headquarters will use the xGrid platform to trade 35kW of solar power – garnered from both its office roof and carport – with neighbors connected in its office park to optimize clean energy for both carbon reductions and decreased electricity costs.
Multiwallet, a digital storage software, is going to become Europe’s first custody service regulated by the Malta Financial Services Authority and the Malta Digital Innovation Authority. The wallet is a legal means of managing, sending and receiving digital currency in Europe.
OKCoin, the digital asset exchange, has added to its roster of 110 countries by launching its first Latin American outlets. The service now offers fiat-to-crypto trading between the Argentine peso and several other major cryptocurrencies.
Traders in Argentina can deposit Argentine peso (ARS) in exchange for cryptocurrencies including bitcoin,
The SEC is investigating a $50 million cryptocurrency sale and are looking at whether bitcoin entrepreneur Erik Voorhees broke the law.
The Wall Street Journal reported today that Voorhees, CEO of the ShapeShift AG exchange, is under investigation for allegedly abetting money laundering by criminal elements.
The Securities and Exchange Commission today announced settled charges against two companies that sold digital tokens in initial coin offerings (ICOs). These are the Commission’s first cases imposing civil penalties solely for ICO securities offering registration violations. Both companies have agreed to return funds to harmed investors,
Fahmi Fadzil, a Member of the Malaysian Parliament representing the People’s Justice Party, is urging the government to wait for Bank Negara Malaysia’s (BNM) cryptocurrency guidelines before introducing the Harapan Coin (HRP).
Harapan Coin, created by a group of patriotic and concerned Malaysian citizens,
Technology investing is now China’s business, and business is good. Asset management in China is one of world’s largest, crossing the 100 trillion Yuan mark last year. This is roughly about as big as the US GDP.
Chinese VC firms put over 1.2 trillion Yuan into tech startups in 2017.