- Singapore: Cryptocurrency Payment Service Regulation Bill Goes for First Reading
The proposed payment services regulation bill in Singapore has been moved to the first reading stage. The bill empowers the Monetary Authority of Singapore (MAS) to regulate different payment services including cryptocurrencies.
[Source: Blockchainreporter] ✩✩✩✩
2. SEC SLAPS PARAGON, AIRFOX ICOS WITH $250,000 FINE
US regulator the Securities and Exchange Commission (SEC) repeated calls for ICO token issuers to comply with securities laws November 16 as it enforced penalties against Paragon and AirFox.
[Source: Bitcoinist] ✩✩✩✩✩
3. Bitcoin falls below US$5,000 for first time since 2017
The value of bitcoin slipped on Monday (Nov 19) below US$5,000 (€4,366) for the first time since October 2017 as a broad selloff gathered steam on the opaque cryptocurrency market.
[Source: Channelnewsasia] ✩✩✩✩✩
4. Ripple Adds 5th-Largest Southeast Asian Bank to Enterprise Blockchain Network
RippleNet is expanding its network of banks by adding Malaysia’s CIMB Group to its fold. CIMB is the ASEAN’s fifth-largest bank and will team up with Ripple to work on enabling instant cross-border payments for CIMB’s markets.
[Source: CCN] ✩✩✩
5. South Korea Unveils Blockchain Tech Plan for “Smarter” e-Government
South Korean officials have revealed plans for an “intelligent government roadmap” that details intentions to utilize fourth industrial revolution technologies (4IR) including blockchain technology for the purposes of operating a “smarter” e-government.
[Source: Bitcoinnews] ✩✩✩
6. Columbia University, IBM Launch Two Accelerator Programs for Blockchain Enterprises
IBM and Columbia University have announced two blockchain accelerator programs that aim to help startups in the space innovate at scale, according to an IBM news release Nov. 19. Both programs form part of the Columbia-IBM Center for Blockchain and Data Transparency, a joint innovation center that was established by the tech giant and U.S. ivy league school this summer.
[Source: Cointelegraph] ✩✩✩
7. US Election Commission Says Crypto Mining For Political Campaigns Is ‘Permissible’
The U.S. Federal Election Commission (FEC) has released a new draft opinion that clears the way for people to mine cryptocurrencies as a way to support their preferred candidates.
[Source: Coindesk] ✩✩✩
8. OKEX FORCES EARLY SETTLEMENT OF BCH FUTURES CONTRACTS
Major cryptocurrency exchange, OKEx, faces a backlash from traders, after changing the terms on $135 million of Bitcoin Cash (BCH) futures contracts. The exchange says it forced early settlement of the contracts to protect investors from volatility following the Bitcoin Cash split.
[Source: Bitcoinist] ✩✩✩✩
9. Lightning Network Reaches Record Capacity Highs, Passing 4,000 Nodes
Bitcoin’s main network implementation of the Lightning Network has recently reached a new all-time capacity high, passing 4,000 nodes for the very first time.
[Source: Livebitcoinnews] ✩✩✩
10. Coinbase Pairing Helps Stellar Lumens XLM Despite Plummeting Crypto Markets
As cryptocurrency tests new lows for 2018, with the overall outlook for the market looking even more bearish in an already abysmal investment year, Stellar XLM has managed to weather the storm thanks to a previous announcement by U.S. based exchange Coinbase.
[Source: Ethereumworldnews] ✩✩✩✩
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