Crypto News Platforms 

Digital Securities Platform Joins IBM Blockchain Accelerator Program

“Compliance platform for digital securities Securitize has joined the IBM Blockchain Accelerator program, Forbes reports on Jan. 21” writes Aaron Wood for cointelegraph.com. In November 2018, IBM and Columbia University announced two blockchain accelerator programs that aim to help startups in the crypto space.According to Forbes, Securitize CEO Carlos Domingo said that the firm’s goal is to build a debt issuance platform using blockchain technology.Domingo said: The accelerator will purportedly last three months and will conclude with a presentation and demonstration of Securitize’s platform.The program includes a blockchain architecture workshop…

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Crypto News 

Wyoming Introduces a Bill Aiming to Define Virtual Currencies as Money

“The bill places crypto assets into three categories: digital consumer assets, digital securities and virtual currencies” writes Adrian Zmudzinski for cointelegraph.com. A bill meant to clarify the classification of cryptocurrencies has been introduced in the U.S. state of Wyoming Jan. 18, according to the official state legislature website.The bill defines assets falling in any of those three categories as intangible personal property and grants virtual currencies the same treatment as fiat money.As Cointelegraph recently reported, a bill allowing corporations to issue blockchain-based tokens that represent stocks was introduced in Wyoming…

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Crypto News 

Malaysia Develops Harsh Regulation Alongside With Positives Attitudes Toward Crypto

“According to reports, the new regulation has classified cryptocurrencies, tokens and crypto assets as securities, which means they are now under the jurisdiction of the Malaysian Securities Commission” writes Gareth Jenkinson for cointelegraph.com. In December, the finance regulator and central bank had earmarked a final decision on regulation for the first quarter of 2019.While the change may seem harsh at face value, the punishments for those not adhering to regulations are just the worst-case scenario. Source: cointelegraph.com

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News Stocks 

Thailand’s Stock Exchange Plans to Set up a Licensed Digital Asset Exchange: Report

“The Stock Exchange of Thailand (SET) is planning to set up a regulated digital asset exchange, local news agency The Bangkok Post reported on Jan. 17” writes Helen Partz for cointelegraph.com. Jirayut Srupsrisopa, chief executive of Thai crypto exchange Bitkub, noted that a digital asset exchange from SET would have the advantage of leveraging the stock exchange’s already existing trust and capital.According to the plan, SET’s member securities firms will be able to apply to become brokers and dealers for trading on the new digital asset exchange.The exchange also expressed…

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Markets News Stocks 

Going public? For Uber, Lyft and others, shutdown slows IPOs

“Among the others are biotech and health sciences companies that depend on funding from the public markets that finance IPOs” reports thebusinessjournal.com. OPEN SEASON FOR FRAUD? With all but about 10 percent of the SEC’s enforcement attorneys and staffers idled, some see warning lights involving white-collar crime flashing.Before the shutdown took effect late last month, the SEC had urged companies to request that paperwork for public stock offerings already in the pipeline be expedited. Source: thebusinessjournal.com

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Crypto News 

Spanish Securities Regulator Adds 23 Forex and Cryptocurrency Exchanges to Warning List

“The Spanish National Securities Market Commission (CNMV) has added 23 unauthorized forex and cryptocurrency entities to its warning list on Jan. 14” writes Adrian Zmudzinski for cointelegraph.com. Another company added to the CNMV’s warning list is Dax300, also known as Brown Fox Ltd., for operating in Spain without a license. Also in December 2018, Spanish renewable energy company ACCIONA Energía announced that it planned to deploy blockchain to trace electricity generation.This company is involved in the trading of contracts for difference (CFD) tracking cryptocurrencies, commodities and forex.Among the companies added to…

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Crypto News 

Malaysian Cryptocurrency Regulation to Classify Digital Assets, Tokens as Securities

“Malaysian cryptocurrency regulation comes into effect on Tuesday, Reuters reports on Monday, Jan. 14” writes Adrian Zmudzinski for cointelegraph.com. According to Reuters, the new regulation classifies digital currencies, tokens and crypto-assets as securities, placing them under the Securities Commission’s authority.The Malaysian finance minister, Lim Guan Eng, reportedly said today that the Capital Markets and Services Order 2019 would become effective on Jan. 15. Still, it has reportedly been clear since November of last year that Malaysia will enact regulations for cryptocurrency and ICOs in Q1 2019, as Cointelegraph reported at…

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Crypto News 

Winklevoss Twins Believe Stablecoins, Tokenized Securities Are Future of Crypto Innovation

“Cameron Winklevoss steered the conversation beyond regulatory matters and onto what he said Gemini considers to be an important new development for digital assets: stablecoins and tokenized securities” writes Marie Huillet for cointelegraph.com. Tyler and Cameron Winklevoss, Bitcoin (BTC) bulls and founders of the cryptocurrency trading platform Gemini, have said stablecoins and tokenized securities will usher in a bright future for the digital currency space.So that’s exciting.” Tyler pitched in to point out that United States dollar-pegged stablecoins — which are designed to experience less price volatility than non-fiat collateralized…

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Crypto News 

Two US Law Firms File Class Action Against Altcoin Nano and Exchange BitGrail

“Two United States law firms have filed a lawsuit against the developers of altcoin Nano (NANO) as well as Italian cryptocurrency exchange BitGrail, according to a notice published Jan. 7” writes Ana Alexandre for cointelegraph.com. Crypto-focused law firm Silver Miller and securities law firm Levi & Korsinsky have filed a class action lawsuit representing James Fabian — “and on behalf of all other persons similarly situated” — an investor in Nano, formerly known as RaiBlocks (XRB).The lawsuit also accused Nano’s team of violating U.S. securities laws by selling unregistered securities…

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