How Binance Chain “BEP2 Tokens” may always be securities, and subject to more regulatory obligations than other tokens. : CryptoCurrency

Binance Chain, the blockchain that powers Binance DEX, launched its Mainnet last night. Binance’s founder CZ tweeted that he expects a large amount of tokens migrating to the exchange giant’s new blockchain. Tokens issued on Binance Chain are called BEP2 Tokens, following Binance Chain’s official BEP-2 Proposal. You may think BEP2 tokens are similar to […]

Russia is Realizing It Has No Clue How to Regulate Cryptocurrency

The proposed ‘digital assets’ law aims to “legalize ICOs” in Russia and is expected to be reviewed in May. But lawmakers are slowly realizing the futility of regulating Bitcoin and cryptocurrency that are un-regulatable by design.  Russia’s ‘Digital Assets’ Bill Would Legalize ICOs Earlier this week, Russia’s Deputy Finance Minister Alexey Moiseev shared his thoughts […]

Recently, Brendan Blumer claimed he can make bitcoin more decentralized. His comments quickly drew fire from Joe Lubin, who stated that “a platform controlled by 21 crypto bros is just not all that decentralized.״ From an objective standpoint, neither platform is perfect and has a long way to go. : CryptoCurrency

Ethereum still has more dapps running than EOS or any other competitor. However, over recent months, EOS has taken the lead on user numbers, reflecting that users are becoming impatient with Ethereum’s ongoing latency issues. I am very dubious about EOS’ user numbers. (copy-pasting) A spreadsheet comparing supposed user activity of EOS dapps with the […]

Rakuten Launches Cryptocurrency Exchange for Customers

Rakuten has begun accepting applications for accounts for its anticipated cryptocurrency exchange called “Rakuten Wallet.” The company announced that pre-registration is available for customers with Rakuten Bank, but further details as to whether the service will be available for everyone has not yet been revealed. The company previously stated that the crypto exchange will commence […]

RBI Excludes Cryptocurrency From Indian Regulatory Sandbox

India’s central bank, the Reserve Bank of India (RBI), has unveiled its framework for a fintech regulatory sandbox. While blockchain and smart contracts are welcomed, the bank stated that cryptocurrency and related services “may not be accepted for testing.” Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request RBI Welcomes Blockchain Tech The […]