US Investors Are Buying Bitfinex’s LEO Tokens Via Third Parties To Bypass Restrictions

There is something pretty interesting happening now during the latest sale of Bitfinex’s LEO tokens. Coindesk has reported that several investors based in the U. S. are purchasing the tokens of the company indirectly. Bitfinex is openly refusing to sell tokens to residents of the U. S. or companies based in…

Cryptocurrency Exchange LGO Secures an Audit with Big Four Accounting Firm PwC

While LGOs decision to get itself audited is quite commendable, in most cases, companies usually get an audit so as to secure certain money transmitter licenses. Hugo Renaudin believes that by getting his company audited by a big name player such as PwC, LGO has set a precedent that more and…

Facebook, Google and Twitter Slapped with Class-Action Lawsuit for Crypto Ad Ban

It has been recently revealed that major social media and internet moguls have been slapped with a lawsuit for having banned crypto advertisements. This was mainly done due to the crash the crypto market experienced after said services were removed altogether, reports Be In Crypto. Facebook was the first to have announced…

Mexican Crypto Exchange, Bitso Gets DLT Regulation by the Gibraltar Financial Services Commission (GFSC)

In an announcement made on Thursday, July 18, crypto exchange, Bitso revealed the news that it has obtained the license and recognition from the Gibraltar Financial Services Commission (GFSS) under the DLT (distributed ledger tech) framework. The latter is deemed a regulatory framework built for the purposes of consumer protection and safety….

Bad Move Buffett as Berkshire Hathaway CEO Lost Over $200 Million on Amazon vs Bitcoin Investment

Back in the middle of May, The CEO of Berkshire Hathaway, Waffen Buffett made the news headlines in a big way thanks to his rather lavish spending in the pool of Amazon Equities. As of May 15th, Berkshire Hathaway officially added an extensive amount of Amazon stock to its portfolio for the very first time. Just…

U.S Attorney Announces Detainment of a Narcotics Trafficker Caught Money Laundering

U.S Attorney, Geoffrey S. Berman and Special Agent, Angel M. Melendez revealed the news regarding the detainment of a narcotics trafficker who tried to wash $19 million of illegal cryptocurrencies on the Dark Web called “Silk Road”. The trafficker who goes by the name Hugh Brian Haney (age 60), was supposedly arrested the morning…

Officially Unofficial: Samsung Coin is Being Trademarked, Only Not by Samsung

According to some filed reports in South Korea, someone appears to be attempting to capitalize on the distinct lack of solid trademark in place for virtual currencies. Specifically, we’re seeing this with someone looking to nab the trademark for ‘Samsung Coin’ right underneath the nose of Samsung, especially with its new turn…

Coinbase Launches Exclusive Crypto Trading Signals To Help Investors Make Smart Decisions

Trading signals, while quite useful, do not guarantee fixed returns. Not only that, it has also been observed that such indicators tend to lose their predictive power as more and more people start to make use of them. Popular crypto exchange Coinbase announced today that it was adding 3 new trading signals…

Russia’s Nornickel To Launch Its Own Crypto Asset Trading Platform

Nornickel, the smelting and mining giants from Russia have announced their plans to launch a digital platform for metals trading by the end of 2019, the company’s senior vice president, Andrey Bugrov, made it public at the global GMIS-2019 production and industrialization summit. He stated: “The preparation process was quite…

New Dawn in Regulation for Cryptocurrency Exchanges in Canada

Canada introduces new KYC/AML compliance laws that require cryptocurrencyexchanges to register with FinTRAC by June 2020. Regulation of virtual assets such as cryptocurrencies is picking up pace in 2019 as governments and financial authorities impose new laws for the growing industry. Cryptocurrency exchanges in Canada will now be legally required to register with…