STO Platform’s Registration with Traditional Bank Helps Move Security Tokens Forward

STO platform Blockpulse has secured registration with the ACPR Bank of France. Security token offering (STO) platform, Blockpulse, has obtained registration with the ACPR Bank of France. Blockpulse “registered at ACPR Banque de France with its partner, Lemonway, the leading European digital payment solution for investment platforms,” Blockpulse COO Marien Irzykiewicz told Cointelegraph. The company also alleges that the outfit is the first STO platform to achieve registration with the french entity. Confirmation of their registration is available on the ACPR Bank of France registry. STOs are a more regulated…

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IRS Delays Tax Day to July 15, Still Monitors Crypto

In response to the COVID-19 pandemic, the Internal Revenue Service has delayed tax payment deadlines by 90 days, and later the date for filing returns has also been changed. Like other financial markets, crypto investors have seen wild swings and devaluations in recent weeks as Coronavirus, also known as COVID-19, issues have hit many people all over the world. With safety concerns paramount, it can be easy to forget for a time about more pedestrian issues like taxes. But taxes won’t go away entirely. The United States Internal Revenue Service’s…

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Tezos Grants $37 Million to Ecosystem Developers

The Tezos Foundation granted over $37 million to ecosystem projects in the last six months. The Tezos Foundation released its second Biannual Report, detailing the group’s progress in Q3 and Q4 of 2019. Published on March 19, the report reveals that the foundation owns $635 million in assets — much more than the $232 million raised in its infamous initial coin offering. When asked how the foundation was able to achieve such a warchest, the company’s CFO, Roman Schnider, revealed to Cointelegraph that the project benefited from positive crypto market…

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US SEC Freezes Assets of Alleged Crypto Scam Backed by a Former State Senator

The U.S. SEC halts alleged ongoing crypto scam Meta 1 Coin, which promised up to 224,923% and is backed by a former state senator. The United States Securities and Exchange Commission (SEC) has frozen the assets of Meta 1 Coin, an alleged crypto scam backed by a former state senator that promised investors returns of up to 224,923% without ever having any actual tokens.  Per a March 20 announcement from the SEC, the regulator initially froze Meta 1’s assets on March 16 and is charging the firm’s operators with fraud.…

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Genesis Mining: If Economic Crisis Deepens Bitcoin Will Shine as the New Gold

The head of operations at Genesis Mining thinks the value of Bitcoin as a hedge against banks may grow in face of economic meltdown. Philip Salter, head of operations at Genesis Mining, believes that economic meltdown may lead to a growing value for Bitcoin as a hedge against the banks. In the last couple of weeks, there has been a lot of turmoil in the Bitcoin world. There was a rapid decline in hashrate, followed by an even more precipitous price drop. This was particularly troublesome in view of the…

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World Federation of Exchanges Says Crypto Terminology Needs Clarity

The World Federation of Exchanges has called for clarity around crypto terminology and its related implications for regulation. Responding to crypto-related regulatory framework from the European Union, the World Federation of Exchanges, or WFE, called for clarity between digital asset and crypto asset classifications. “We believe there could be value in adopting a single EU classification which covers both: digital-assets and also crypto assets, as a subcategory,” the WFE wrote in response to questions posed in a March 20 report. A new industry charts murky waters Blockchain and crypto have…

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Chrono Tech Launches Australian Dollar Stablecoin in Spite of ‘Big Four’ Banks

CEO behind a new Aussie dollar stablecoin said finding a bank to hold the coin’s cash reserves was the biggest challenge. Australian blockchain firm, Chrono Tech, has been experiencing difficulties securing a banking partner amid the launch of an Australian dollar (AUD)-pegged stablecoin earlier this month. The AUD Token (AUDT), available on Chrono Tech’s platform, can be redeemed 1:1 for Australian dollars held by a licensed Australian bank. However, as Chrono Tech’s CEO, Sergei Sergienko, reveals, securing a banking partner was not easy. In an interview with Cointelegraph, Sergienko discussed…

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P2P VPN Provider to Offer Their Services to Journalists for Free

U.S-based company looks forward to bring their VPN services to journalists around the world for free. U.S-based Peer-to-Peer VPN Provider Orchid will start offering a private network for free to journalists across the globe, according to an announcement made on March 20. According to Orchid, journalists who have press credentials and proof of status, regardless of their geographical location, can send an email to the company so they can access the network.  VPN free as a measure against press censorship Speaking with Cointelegraph, Dr. Steven Waterhouse, CEO and co-founder of…

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Bitcoin Price Drops $1,000 as Stocks Plummet — Bulls Quickly Buy the Dip

Bitcoin price swiftly dropped by $1,000 as equities markets closed the week in the red but bulls bought the dip and quickly reclaimed $6,000. Today as the closing bell rang at Wall Street, Bitcoin (BTC) price corrected sharply, pulling back below $6,000 less than 24-hours after hitting a 7-day high at $6,900. The $1,000 drop from $6,670 to $5,670 is sure to have shocked investors as it is slightly below analyst’s price correction estimates but at the time of writing it appears that traders are buying into the dip. Crypto…

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Following Bittrex Listing, UPT Token Pumps on Thin Volume

Bittrex lists UPT after joining the blockchain consortium, pumping the utility token more than 150% in 24 hours. Bittrex Global has listed two stablecoins and a utility token issued by ‘The Universal Protocol Alliance’ (UPA) after joining the UPA. The new listings comprise stablecoins Universal Dollar (UPUSD) and Universal Euro (UPEUR), in addition to the Universal Protocol Token (UPT). UPT rallies on Bittrex listing The announcement appears to have comprised a boon for UPT — with the token gaining nearly 170% in 24 hours. Despite the strong price performance, the…

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