Montana Governor Steve Bullock signed a bill exempting utility tokens from state securities earlier in May. The United States State of Montana has recognized utility tokens and exempted them from state securities by passing a new bill this month. House bill 584, titled “Generally revise laws relating to cryptocurrency,” was …
Author: Helen Partz
Anonymous sources say that Facebook’s upcoming Globalcoin project is “bigger and more open” than just a payment method. Social media giant Facebook has reportedly held talks with major United States-based crypto exchanges about the issuance of its own crypto, the Financial Times (FT) reports on May 24. Citing two people …
Russian state-owned firm Rostec offers a $1.3 billion plan to apply blockchain in all the state data systems. Russian state-owned holding conglomerate Rostec proposed a roadmap on applying blockchain in all the governmental data systems, local financial newspaper Kommersant reports on May 24. An institution under Rostec has reportedly developed …
A capital markets platform in Singapore will be ready to fully launch regulated trading of digitized securities in early 2020. Capital markets platform iSTOX has joined Singapore’s regulatory sandbox to launch digitized securities trading in late 2019, the firm announced in a tweet on May 24. Following its addition to …
Malta’s government has awarded 19 blockchain scholarships from the fund set up by the University of Malta and MITA. The Maltese government has awarded 19 students blockchain scholarships worth a total of 160,000 euro ($179,000), local publication the Malta Independent reports May 23. The scholarships were granted by Silvio Schembri, …
Robinhood Crypto officially launched its commission-free trading in New York after acquiring a BitLicense in January 2019. American stock brokerage Robinhood Crypto has officially launched its zero-fee crypto trading app in New York, the company announced in a blog post on May 23. Following the acquisition of a BitLicense by …
Following a Boost VC-led $730,000 seed round in 2018, Unstoppable Domains now raised $4 million to decentralize websites. San Francisco-based blockchain domains firm Unstoppable Domains has secured $4 million in a funding round backed by venture capitalist Tim Draper, co-founder Brad Kam told Cointelegraph in an email on May 23. …
The head of Bank of Russia said that they will consider a gold-backed crypto for settlements, but using national currencies is more important. Russia’s central bank, the Bank of Russia, will consider issuing a gold-backed cryptocurrency, Russian news agency TASS reports May 23. Elvira Nabiullina, the head of the Bank …
A Dutch investigation agency and Europol have shut down a $200 million crypto tumbler for being involved in money laundering. Dutch, Luxembourg authorities and Europol have shut down one of the three largest cryptocurrency tumblers, Europol reported on May 22. A cryptocurrency tumbler, also known as a cryptocurrency mixing service, …
The first deputy governor of the Russian central bank said that the bank expects the local crypto bill to be adopted in the spring session. The central bank of Russia believes that the draft bill on crypto regulation is prepared enough to be adopted in the spring of 2019, local …