The St. Petersburg Arbitration Court upheld a claim for recovery of a debt in the amount of 844,245 rubles from Ventureklab LLC [VentureClub crowding testing platform]. It is noteworthy that the founder of the company is Alexander Borodich, who is also known as the fighter of the Universa blockchain platform. This is reported in the court order. Thus, the company "Venturklab", which specializes in attracting venture capital investments for the development of start-ups, could not pay off the debt for […]
Business
The Financial Services Agency of Japan (FSA) has begun an unscheduled check of two local cryptographic services for their compliance with customer protection standards and legal compliance. It is reported by the Cointelegraph, citing Reuters Japan. An anonymous source told reporters that the investigation into the authorities affected the Fisco and Huobi Japan exchanges. Apparently, the regulator paid close attention to these platforms because of the alleged […]
The Financial Crimes Enforcement Network (FinCEN) first fined a Bitcoin-trader for violating the Banking Secrecy Law (BSA) as part of the peer-to-peer exchange of cryptocurrencies. This is stated in a press release. Thus, California resident Eric Powers was engaged in buying and selling bitcoins for clients, however, he was not registered as a money transfer operator or business owner in the financial services industry. […]
In less than two years, the Binance cryptocurrency exchange came out on top in terms of trading volume, demonstrating one of the most impressive financial indicators among industry players. Now the platform has launched its own blockchain Binance Chain and intends to lure projects from the Ethereum ecosystem, using the listing question as a carrot and stick, reports The Block. Binance is one of the main […]
Reserve Bank of India (RBI) unveiled a framework for fintech sandbox, in which blockchain companies can also take part. However, cryptocurrency startups will not be allowed to the central bank project. RBI releases draft “Enabling Framework for the Regulatory Sandbox” https://t.co/ajDgRIxrN7 – ReserveBankOfIndia (@RBI) April 18, 2019 “The proposed financial services, which will be launched in the regulatory sandbox, should use new or actively developing technologies, […]
The Binance cryptocurrency exchange leader in terms of trading made changes to the white paper Binance Coin (BNB) in the section on the periodic burning of coins. So, from the document the mention was lost that the site allocates 20% of quarterly profit for the purchase of BNB and subsequent destruction. Reported by The Block. Changphen Zhao said that in fact Binance is not […]
The Enterprise Ethereum Alliance (EEA) blockchain consortium launched a project with Microsoft to help businesses develop and create tokens to solve specific problems. . @ HiroMarleyG on #tokenization and partnering with the #blockchain based token creation. Read more: https://t.co/qKEQzOB8LP. – MSFTBlockchain (@MSFTBlockchain) April 17, 2019 EEA intends to act as a platform […]
The frequent guest of the YouTube-channel ForkLog and the convinced Bitcoin-maximalist Ton Weiss may become the second in the last few days a community representative, against whom a lawsuit will be filed for defamation and the dissemination of defamatory information. This time, TokenPay, a provider of payment solutions, was in the role of a probable plaintiff. As an American trader wrote, he previously received from SG TokenPay attorneys […]
The developer of ecosystem solutions for blockchain project Telegram Open Network TON Labs in partnership with the German fintech company Wirecard will develop a new platform for the provision of digital financial and banking services. This is stated in an official press release published on Wednesday, April 17. Representatives of TON Labs and Wirecard hope that their scalable decentralized solutions will lay the foundation for technological innovations in […]
Arthur Hayes, co-founder and CEO of the BitMEX cryptocurrency derivatives exchange, does not exclude that in the foreseeable future, short-term bitcoin bonds may appear on the platform. The idea itself, however, is not fully worked out and it has yet to bring to mind. This assumption Hayes made in a conversation with a cryptanalyst and trader Luke Martin in the framework published on Friday, 12 […]