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Canaan’s Hong Kong Listing Plans in Limbo

This post was originally published on this sitePlans by bitcoin mining equipment manufacturer Canaan to list shares on the Hong Kong stock exchange are now uncertain, as the Chinese company’s application for an initial public offering (IPO) expired on Nov. 14 — exactly six months after it submitted the documents …

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European Central Bank Exec Calls Bitcoin the ‘Evil Spawn of the Financial Crisis’

This post was originally published on this siteAn Executive Board member of the European Central Bank considers Bitcoin to be the “evil spawn of the [2008] financial crisis”

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Russia: Sberbank CEO Says Industrial Scale Blockchain Adoption Is 1-2 Years Away

This post was originally published on this siteHerman Gref, head of major Russian bank Sberbank, says blockchain will be implemented on an industrial scale in one or two years

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Canadian Court to Take Custody of Quadrigacx Funds, NYDIG Gets Bitlicense

This post was originally published on this siteIn recent regulatory news, a Canadian court plans to take custody of $19.5 million of funds that Quadrigacx deposited with the Canadian Imperial Bank of Commerce before they were frozen due to competing ownership claims. Also, New York state regulators have granted the …

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Bitcoin’s Breakdown Will Take ‘Weeks, If Not Months’ to Rebound, Says Fundstrat Analyst

This post was originally published on this siteFundstrat analyst: Bitcoin’s slump will take “weeks, if not months” to repair the “technical damage” recently done and build sustainable support for multi-month rally

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Ohio Congressman Wants to Allow ICOs to ‘Sidestep’ Securities Laws

This post was originally published on this siteU.S. Republican congressman Warren Davidson plans a bill that would allow ICOs to “sidestep” securities laws

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Malaysian Lending Giant CIMB Joins Ripple’s Cross-Border Payment Network

This post was originally published on this site$53.5 billion market cap Malaysian lending giant CIMB signs on to integrate Ripple’s xCurrent cross-border payments solution

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Seba Crypto Expects Swiss Banking License, Independent Reserve Integrates Tax Tool

This post was originally published on this siteIn recent exchange news, Seba Crypto AG has predicted that it will receive a Swiss banking license within the first half of 2019. We also look at the Independent Reserve, which has integrated a tax estimator tool into its user interface, as well …

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Paul Scholes, Former Manchester United Star, to Support Crypto Startup

This post was originally published on this siteA Hong Kong-based blockchain startup announced that Soccer legends Paul Scholes, from Manchester United, and Andriy Shevchenko, from AC Milan, Ukraine’s head coach, will support their crypto project. The startup aims to connect soccer superstars, youth talents and fans via blockchain. #SPONSORED

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Parent Co. of World’s Largest Crypto Exchange OKEx Launches Trading in Argentina

This post was originally published on this siteOKCoin, parent company to world’s largest crypto exchange OKEx, launches services in Argentina, plans to expand trading all over Latin America

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