Japan is planning new rules for legalizing controversial cryptocurrency fundraising

Chesnot | Getty Images Digital cryptocurrencies, Bitcoin, Ripple, Ethernum, Dash, Monero and Litecoin. Japan unveiled proposed guidelines for the legalization of a controversial means of raising money in the cryptocurrency space. A government-backed research group has put forward rules that would see initial coin offerings (ICOs) given regulatory definition and approval. An ICO is a […]

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Japan’s cryptocurrency exchanges plan self-regulating committee

Government-registered cryptocurrency exchanges in Japan are setting up a self-regulation body in the region. The move, Reuters reports, is an effort to legitimize and establish trust in the area following the $530 million Coincheck theft in January. There isn’t a name for the body yet and similarly, there’s no word for when all the paperwork […]

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Arsenal seals cryptocurrency sponsorship deal

Arsenal has signed a sponsorship deal with the US cryptocurrency CashBet, which will see the Premier League club promote the firm’s initial coin offering (ICO) at the 60,000-seat Emirates stadium. The deal, the value of which was undisclosed, is the first time a major global sporting team has officially partnered with a cryptocurrency firm. It […]

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Parody cryptocurrency just broke $2 billion for its market cap

A cryptocurrency that was created as a parody and named after an internet meme now has a market value of more than $2 billion. Dogecoin crossed the $2 billion barrier on Sunday, around two weeks after it first touched the $1 billion level on Christmas day. The digital currency traded as high as $0.018773, putting […]

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