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The Ontario Securities Commission (OSC) is cracking down on unlicensed companies promoting investments and trading in cryptocurrencies. The authority issued an investor alert on May 18, warning the public about five companies: BTCReal, BitSerial, Hypercube Ventures LP, CabinCoin OÜ, and BaapPay Inc., which it said “appeared to be involved in...
Shyft, a blockchain KYC/AML and identity startup, has signed a memorandum of understanding (MoU) with the government of Bermuda led by the Premier of Bermuda, E. David Burt, JP, MP, in which the startup has pledged to invest up to US$10 million over the next three years into the...
When cryptocurrency innovators come together, new ideas are created; solutions to challenges are found, and investors are given the motivation to possibly invest more into the space. Regardless of whether someone is a newbie or veteran, it is events such as CoinFestUK, which provide an educational platform to share...
The threat of increased regulation and differing regulatory stances from every corner of the globe is creating challenges for cryptocurrency and blockchain innovators. It’s difficult for companies to accurately assess the regulatory landscape and ensure their products and services are compliant, both immediately and in the future. CoinJournal spoke with...
Yoon Suk-heun, the new governor of South Korea’s Financial Supervisory Service (FSS), said that the country’s top financial regulator will consider easing cryptocurrency regulations. "Regarding cryptocurrencies, there are some positive aspects," Yoon told reporters after President Moon Jae-in approved his nomination to lead the government agency. His nomination was submitted...