Tag Archives: plans

Goodbye Ethereum: Kik Plans to Move Its ICO Tokens to Stellar

Mobile messaging startup Kik is planning to shift its Kin token network from ethereum to Stellar, CEO Ted Livingston confirmed on Wednesday. Speaking in a live question-and-answer session on YouTube, the company’s founder explained that ethereum’s blockchain – which the app is presently based on – is unable to scale to the level that Kin needs, among other […]

Central Bank of Malaysia Plans Cryptocurrency Reporting Rules

The governor of Malaysia’s central bank, Bank Negara Malaysia (BNM), has provided more detail on its upcoming regulatory framework aimed to counter the illicit uses of cryptocurrencies. In statements made today at a counter-terrorism financing summit, BNM governor Muhammad Ibrahim said the new rules are being drawn up to combat the financing of money-laundering and terrorism in […]

Hollywood hitmaker plans to fund blockbuster with cryptocurrency

Christopher Woodrow, who has helped produce or finance movies for the past decade, says the distributed-ledger technology known as blockchain is about to disrupt the film industry and he wants to be a part of it. The producer of the Oscar-winning film Birdman, as well as Black Mass and Hacksaw Ridge, plans to launch his […]

The Bitcoin Exchange That CME Plans to Use for Futures Is Down

This is exactly what the bitcoin futures naysayers have been warning about: One of the exchanges which CME Group Inc. would use to price the contracts is having serious issues. Clients of San Francisco-based Kraken are seeing slow responses from the website, connection timeouts and delays in withdrawals, the cryptocurrency exchange said in a statement […]

Central Bank of Iran Plans Comprehensive Review of Cryptocurrency Policy

The Central Bank of Iran plans to conduct a comprehensive review of its policies covering Bitcoin and other cryptocurrencies. The move was made after the government-owned central bank has announced that it is softening its stance on the virtual currencies. In a press conference in mid-November 2017, Central Bank of Iran Deputy Director of New […]

No Ban? Malaysia’s Securities Watchdog Plans Cryptocurrency Regulation

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Malaysia’s statutory securities regulator and watchdog has revealed plans toward regulations for cryptocurrency trading in the country. In a speech on Monday at the SCxSC Digital Finance Conference in Kuala Lumpur, Securities Commission (SC) Malaysia chairman Ranjit Ajit Singh underlined the progress […]

Two Popular Hardware Wallet Firms Reveal Segwit2x Fork Plans

News This week two well-known bitcoin hardware wallet manufacturers, Satoshi Labs (Trezor) and Ledger Wallet, revealed their contingency plans for the pending Segwit2x fork that may take place in nine days. Both companies explain they will support both chains and tethered tokens if there is a split and provide a tool for […]

Malaysia’s Securities Watchdog Plans Cryptocurrency Regulations

Malaysia’s securities regulator has revealed it is planning a regulatory framework for cryptocurrencies. Speaking yesterday at the SCxSC Digital Finance Conference in Kuala Lumpur, the chairman of Securities Commission Malaysia (SC), Tan Sri Ranjit Ajit Singh, explained that SC is working on “relevant regulations and guidelines” for functional use cases of digital assets. These include “secondary market trading of […]

Cryptocurrency fund NextBlock scraps plans to go public, underwriter withdraws

The Canadian Press Published Monday, November 6, 2017 2:06PM EST Last Updated Monday, November 6, 2017 2:35PM EST TORONTO — A blockchain-focused venture capital fund headed by a Toronto-based expert is abandoning plans to go public amid reports alleging it made misleading statements in its marketing materials. NextBlock Global, whose chief executive is business author […]

SC plans registration of cryptocurrency exchanges

KUALA LUMPUR: The Securities Commission (SC) Malaysia is in consultation with global regulators, looking at recent developments and different approaches taken by its counterparts, to establish a framework for the registration of cryptocurrency exchanges by year-end. SC chairman Tan Sri Ranjit Ajit Singh said there have been discussions on cryptocurrency and it is well aware […]

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