Cryptocurrency prime dealer SFOX is partnering with M.Y. Safra Bank of New York to offer traders and investors deposit accounts backed by the Federal Deposit Insurance Corp. (FDIC).
The New York State Attorney General (NYSAG) is reportedly building a case to sue cryptocurrency exchange, Bitfinex, and stablecoin, Tether.
Major Philippines bank (Union Bank) is launching the country’s first two-way cryptocurrency ATM.
When the tokens are not being sold as investment contracts, however, they are not securities at all. Tokens sold for use in a functioning network, rather than as investment contracts, fall outside the definition of securities”..
Coinbase customers who need to file taxes in the U.S. this year can get a boost from TurboTax, the tax-filing software offered by Intuit Consumer Tax Group.
Blockchain is a disruptive technology that’s poised to change the world and have a major impact on a number of industries in the coming years. Given the interest from potential employers and students alike, some of the most prestigious academic institutions in the world are indeed offering blockchain/cryptocurrency courses and, in some cases, even degrees.
On January 3, 2009, the first event on the Bitcoin blockchain happened, known as the genesis block. Now, a decade later, The cryptocurrency community is being urged to participate in a event dubbed, “proof of keys.” The event advocates for people to remove all their cryptocurrencies from third-party crypto exchanges and similar services on January 3, 2019.
Wash Trading Exists on Majority Of Cryptocurrency Trade Volumes According to Blockchain Transparency Institute
Although the legal framework for the regulation of cryptocurrencies is not yet set in stone, there are some basic trading activities that are understood to be illegal and constitute a crime. One example is insider trading. Another example is known as wash trading.
When buying/selling/sending/receiving cryptocurrencies, it is extremely important to practice ‘Good Cyber Hygiene’ and securely maintain your private keys. One of the most secure ways of doing this, is by using “cold wallets” like a Ledger Nano S.
The ‘USD-backed’ cryptocurrency Tether (USDT) is struck with another market manipulation controversy.