European Central Bank Becomes Flexible in Its Position on Cryptocurrencies

The rapid development of cryptocurrencies could modify current ECB’s position on the issue. The ECB continues to assess the relevance of a European stablecoin pegged to the euro. The president of the European Central Bank (ECB), Mario Draghi, adopted a criterion of greater openness toward cryptocurrencies than that shown so far by the authorities in […]

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Cryptocurrency Companies Must Comply with Anti-Money Laundering Law

The Central Bank of Paraguay received a parliamentary proposal to encourage discussion. The use of cryptocurrencies is not prohibited in the South American country. It is expected that, by late 2020, a new law regulating cryptocurrencies in Paraguay’s financial system will be ready, according to the deputy of the Patria Querida Party (PPQ) Sebastián García. […]

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SEC Ruling on Block.one’s ICO Leads to Divided Opinions in the Ecosystem

The fine of USD 24 million represents only 0.6% of Block.one’s ICO proceeds. According to Shapeshift’s CEO, it is “sad” that in the ecosystem they were expecting a higher fine. Among the recent events in the cryptocurrency and blockchain ecosystem, perhaps the one that has raised the most dust was the U.S. Securities and Exchange […]

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Mainnet of BitTorrent File System Based on Blockchain Technology Is Launched

The BitTorrent file system offers decentralized storage of information. This new system could offer more flexibility and privacy than centralized services. The BitTorrent File System (BTFS) launched its mainnet on October 1st, as announced by the CEO of the decentralized gaming platform Tron, Justin Sun. The BitTorrent File System will allow users to upload, transfer, […]

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US Cryptocurrency Trading and Investment Companies Join to Rate Cryptocurrencies

The group includes Coinbase, Circle, Grayscale, Kraken, Anchorage, Bittrex, Genesis and Cumberland DRW. Ecosystem companies are on uncertain ground regarding how legislation will affect them. The companies that use Bitcoin have been fighting in recent years against vague U.S. regulations and in favor of more accurate definitions of cryptocurrencies. The sharp changes in the prices […]

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