Category: Global ICO News

South Korea’s Finance Watchdog Is Forming a Crypto Division

South Korea’s Finance Watchdog Is Forming a Crypto Division

South Korea’s Financial Services Commission (FSC) has revealed it is setting up a department dedicated primarily to cryptocurrencies and blockchain. The FSC said the new department – dubbed the Financial Innovation Bureau – will focus on developing policy-making initiatives for the domestic blockchain and fintech industry, The Korea Times reported on Thursday. An FSC official was cited as […]

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$20K in Crypto: The First Bets on Prediction Market Augur Just Paid Out

$20K in Crypto: The First Bets on Prediction Market Augur Just Paid Out

Augur, a decentralized platform for creating predictions markets, just hit a major milestone. “The first markets have successfully resolved,” the project tweeted Wednesday. Payments of ether worth around $20,000 are now going out to the first brave crop of users, who used the betting platform without knowing for sure whether it would work as advertised. The […]

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Ethereum is a leading driver in blockchain, says Circle CEO 

Ethereum is a leading driver in blockchain, says Circle CEO 

Blockchain and cryptocurrency may one day be “as broadly adopted as the internet is today,” Jeremy Allaire, CEO and co-founder of fintech company Circle, told CNBC. “It’s a really fertile space in terms of the fundamental, technical and infrastructure,” Allaire said on “Fast Money” Wednesday. One major driver for this possible occurrence: ethereum. “Right now […]

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What to Expect When Congress Talks Crypto (Twice) Tomorrow

What to Expect When Congress Talks Crypto (Twice) Tomorrow

It’s a crypto doubleheader on Capitol Hill tomorrow. Two U.S. House of Representatives Committees will be hosting hearings on Wednesday to look at the topic from two distinct angles. The House Committee on Agriculture will focus on the emergence of “digital assets” while the Financial Policy Subcommittee hearing will examine “the extent to which the United States government […]

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Coinbase Claims It Now Has Regulatory Approval to List Security Tokens

Coinbase Claims It Now Has Regulatory Approval to List Security Tokens

U.S. cryptocurrency exchange Coinbase has reportedly received regulatory approval to acquire several securities firms – a move that could eventually see it supporting trading in tokens deemed as securities. A spokesperson for the exchange said on Monday that both the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) have approved […]

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Is Pied Piper Serious? How HBO Inspired Crypto’s Most Confounding Coin

Is Pied Piper Serious? How HBO Inspired Crypto’s Most Confounding Coin

“Hey … this is Craig Wright.” It wasn’t, but that was far from the strangest part of the conversation. Thus began CoinDesk’s attempts to determine the identity and intent of the individuals behind “Pied Piper Coin,” a parody Twitter account inspired by the HBO series “Silicon Valley.” Chronicling a plucky startup that suffers hilarious slings and arrows […]

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