カテゴリー: Startups

Crypto-Friendly Statesman Takes Over Swiss Presidency

Crypto-Friendly Statesman Takes Over Swiss PresidencyAfter serving as finance minister of one of the most economically influential nations over the past three years, Ueli Maurer is now starting his term as President of the Swiss Confederation. Given his track record and liberal views regarding fintech regulation, Maurer’s election is considered a positive development for the Alpine nation’s expanding crypto industry. Also […]

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Bahrain’s Central Bank Issues Draft Crypto Regulations

Bahrain’s Central Bank Issues Draft Crypto RegulationsThe Central Bank of Bahrain (CBB) has prepared draft rules designed to regulate digital assets and certain aspects of the country’s crypto industry. The move aims to establish Bahrain as a regional leader in the fintech sector and restore its role as a major banking hub in the Persian Gulf.   Also read: New Bitcoin […]

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Study Finds Less Than 15% of Team Members in ICO Startups Are Women

A new study confirms the crypto industry has a lot of progress to make to bridge the gender gap. It shows that startups conducting ICOs are still markedly male-dominated – over 85 percent of the team members in the surveyed companies are men. The data also suggests women are even less likely to hold executive […]

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Finma: Crypto Startups Can Handle up to $100M of Deposits in Switzerland

Finma: Crypto Startups Can Handle up to $100M of Deposits in SwitzerlandCrypto-asset companies can now apply for licenses to handle as much as 100 million Swiss francs ($100 million) in public deposits under new regulations published on Dec. 3 by Switzerland’s Financial Market Supervisory Authority (Finma). The development underscores the European country’s efforts to promote technological innovation, as in the past only commercial banks were allowed to receive […]

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The Daily: Bitpay Adds Another Stablecoin, Waves to Launch Exchange in Malta

The Daily: Bitpay Adds Another Stablecoin, Waves to Launch Exchange in MaltaIn this edition of the Daily, we look at Bitpay’s decision to add the U.S. dollar-pegged PAX token to its list of settlement currencies. We also cover a couple of recent announcements in the crypto industry. Waves is preparing to launch a regulated exchange in Malta and bitcoin mining giant Bitfury is planning to establish […]

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Growing Number of Crypto Companies Operating From Belarus

Growing Number of Crypto Companies Operate From BelarusA number of cryptocurrency businesses are now based in the Belarus Hi-Tech Park after the government in Minsk legalized crypto-related activities for its residents. Registering an entity in the special economic zone was supposed to be a straightforward process, but clearer guidelines and detailed regulations are still needed to attract more investors. Also read: Huobi […]

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Huobi Opens Office in Russia, Plans Startup Accelerator and Mining Hotels

Huobi Opens Office in Russia, Plans Startup Accelerator and Mining HotelsThe Russian branch of digital asset exchange Huobi is scheduled to open on Nov. 12 with a Russian-language website and local support services. The global cryptocurrency company wants to support Russian startups and mining projects, in addition to launching an educational program. Also read: Abu Dhabi Securities Exchange to Create Infrastructure for Cryptocurrency Assets New […]

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Huobi Launches in Australia Offering 10 AUD Pairs

Huobi Launches in Australia Offering 10 AUD PairsCrypto exchange Huobi has started trading in Australia with 10 pairs against the AUD, including bitcoin cash (BCH). More trading pairs will be added in the future. The platform also plans to partner with local startups through its investment fund and a subsidiary. Also read: Switzerland Considers Granting Crypto Businesses Access to Banking Services Huobi […]

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Switzerland Considers Granting Crypto Businesses Access to Banking Services

Switzerland Considers Granting Crypto Businesses Access to Banking ServicesCrypto companies based in Switzerland may receive access to regular banking services as early as this year. Political will and economic wisdom seem to be in place as some government officials and bankers are already working to resolve a serious issue. Swiss banks have been refusing accounts to firms from the growing crypto industry. Also […]

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Five Firms Hit by ‘Crypto-Sweep’ in Alabama as Regulators Step up Operation

Five Firms Hit by ‘Crypto-Sweep’ in Alabama as Regulators Step up OperationCease and desist letters have been sent to five crypto companies operating in Alabama, as part of the ongoing “Operation Crypto-Sweep.” The campaign, led by the North American Securities Administrators Association, is targeting ICO projects and blockchain startups suspected of fraudulent activities and violations of existing securities laws. Actions have been taken already by NASAA […]

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