Republic Of San Marino Issues Decree On Blockchain For Businesses

Blockchain, News, Regulation | June 10, 2019 By:

The Republic of San Marino, a small independent country surrounded by Italian territory, has issued a delegated decree on blockchain tech for businesses.

The decree, signed by Nicola Selva and Michele Muratori, the Captains Regent of San Marino, outlines the procedures for registering a blockchain-based organization with the San Marino Innovation Institute.

 Read more  »

Venezuelans Adapt Bitcoin Mining, A Million In New Capital Sources Help

Innovation, Investing, Opinion, Regulation | June 10, 2019 By:

Venezuela has fallen into a state of socio-economic decline since the advent of Hugo Chavez’s presidency. The country had relied heavily on its oil revenue, making it inevitably susceptible to the market. When oil prices plummeted five years ago, the whole country suffered, dipping into economic depression.

 Read more  »

SEC Sues Kik Interactive For Conducting $100M USD Unregistered ICO

ICO News, News, Regulation | June 5, 2019 By:

The US Securities and Exchange Commission (SEC) has sued social media company Kik Interactive for conducting a $100 million initial coin offering (ICO) in 2017, which the regulator deemed as an unregistered security issuance.

In its complaint, the SEC charges that Kik sold its Kin tokens to US investors without registering their offer and sale as required by the US securities laws.

 Read more  »

Facebook Discusses Crypto Stablecoin Project With CFTC

News, Regulation | June 3, 2019 By:

Social media giant Facebook has started a discussion with the US Commodity and Futures Trading Commission (CFTC) about the future of its cryptocurrency project.

The Financial Times, citing CFTC chairman Christopher Giancarlo, reported that the regulator is in the early stages of talks with Facebook in an effort to understand whether the social media giant’s crypto stablecoin initiative would fall under the CFTC’s scope.

 Read more  »