Benjamin Lawsky, the former superintendent of financial services for New York State, is joining Ripple's board of directors. The company also appointed investment banker and TubeMogul CFO Ron Will as its own new CFO. Also read: Bitcoin Price Rises Another $300, Have We Reached the Mainstream? Join the Bitsonline Telegram channel to get the latest Bitcoin, cryptocurrency, … [Read more...] about Ben Lawsky, Man Who Gave Us the ‘BitLicense’, Joins Ripple Board
ICO organizers looking to tap Japan's lucrative investment market must still follow local laws, says the country's leading blockchain industry lobby group. Offshore fundraisers should exclude Japanese residents if they didn't want to risk civil and/or criminal penalties -- including fines and up to five years in prison. Also read: Sorry, No New Coins – SegWit2x Dead Despite … [Read more...] about Japan ICO Sales Not a Free-For-All, Warns Blockchain Industry Body
The Swiss arm of auditing, tax and advisory firm KPMG is joining the Crypto Valley Association as its first Strategic Partner. The Zug-based CVA initiative formed in 2017 to promote development of cryptocurrency, blockchain and distributed ledger technologies in one of the world's leading financial centers. Also read: Tezos Project Faces New Class Action Lawsuit Over Token … [Read more...] about Accounting Giant KPMG Joins Swiss Crypto Valley Association
The co-founders and associates of the beleaguered Tezos project are facing a second lawsuit over the messy aftermath of its ICO this year. The suit could have implications for future ICOs, which many participants see as profit-making investments. Also read: India One Step Closer to Cracking Down on Bitcoin With New Petition Join the Bitsonline Telegram channel to get the … [Read more...] about Tezos Project Faces New Class Action Lawsuit Over Token Sale Debacle
According to Autonomous Next, 124 "crypto-funds" launched in 2017 that are collectively managing $2.3 billion USD. These funds focus exclusively on investing and managing cryptocurrencies. But does this new industry actually need them? Also read: CME Bitcoin Futures to Start Trading in December 2017 Join the Bitsonline Telegram channel to get the latest Bitcoin, … [Read more...] about Get out of Our Treehouse! What Do Hedge Funds Really Mean for Cryptocurrency?