Latest news — Page 625

Japan’s House of Representatives on Tuesday submitted new crypto regulation in the upper house of the National Diet, called the House of Councillors, according to Nikkei.

In a major crackdown on a leading crypto mixing service, the Dutch Fiscal Information and Investigation Service (FIOD), in collaboration with Europol and the authorities in Luxembourg, has seized servers of Bestmixer.io.

Crypto brokerage firm Voyager has joined the Wall Street Blockchain Alliance (WSBA), a non-profit advocacy group for blockchain technology, as a corporate member.

Support: 6123 (1H 200-SMA); Resistance: 7040 (Upper BB)

Insurwave, the EY and Guardtime marine insurance blockchain joint venture company, has inked a Memorandum of Understanding (MoU) with China’s Zhuhai Port holdings.

Technical Analysis: Bias Slightly Bearish

Support: 10.39 (110-EMA); Resistance: 13.85 (trendline)

Mozilla has announced that it is introducing new privacy protection features in the latest update of its Firefox browser which would allow users to block crypto mining scripts, among other things.

In the latest move in the ongoing legal tussle between iFinex, owner of Bitfinex and Tether, and the New York Attorney General (NYAG), the lawyers of the two crypto firms are moving to dismiss the case.

Support: 243.01 (1H 200-SMA); Resistance: 267.51 (Weekly cloud base)

The Securities and Exchange Board of India (SEBI) this week published a framework for an innovation sandbox which would allow non-regulated fintech firms and entities to test their proposed solutions.

CULedger, a credit union service organization (CUSO) focused on distributed ledger technology (DLT), has announced that it is expanding its partnership with blockchain startup R3 to support blockchain-based domestic a…

The Ethereum Foundation has detailed how it plans to allocate the previously announced $30 million on ecosystem development over the course of next year.

Circle has become the latest company in the crypto space to lay off staff, CoinDesk reported.

Craig Wright, the self-proclaimed bitcoin creator, has filed United States copyright registrations for the original bitcoin code and the Satoshi white paper, CoinDesk reported.

Support: 20.98 (21-EMA); Resistance: 25.75 (converged 61.8% Fib and trendline)

Cryptocurrency exchange Kraken has raised more than $6.5 million in a couple of days, Bitcoinist reported.

Support: 7764 (5-DMA); Resistance: 9532 (38.2% Fib)

The Shenzhen Fintech Research Institute is seeking blockchain talent, the institute’s recent job posting has revealed.

Austrian fiber producer Lenzing has announced its plans to use blockchain technology for end-to-end traceability of its fibers.

Support: 86.49 (5-DMA); Resistance: 97.70 (trendline)

The U.S. Securities and Exchange Commission (SEC) has once again deferred its decision on the bitcoin exchange-traded fund (ETF) proposed by VanEck and SolidX.

Support: 10.36 (110-EMA); Resistance: 13.85 (trendline)

Automotive giants General Motors and Honda are teaming up for joint blockchain research focused on electric vehicles and smart grids, Nikkei reported.

The city of Seoul in South Korea is planning to implement blockchain technology in citizen cards, Cointelegraph reported referring to a report from Queen.co.kr.

The United States Internal Revenue Service is currently drafting its first crypto tax guidance since 2014, Commissioner Charles P. Rettig said recently, CoinDesk reported.

The UK Financial Conduct Authority (FCA) has found that the reported number of crypto and foreign exchange scams more than tripled in the last financial year, the Financial Times reported.

Global funds transaction network Calastone has announced that its blockchain-enabled Distributed Market Infrastructure (DMI) is now live.

Support: 344.70 (21-EMA); Resistance: 439.92 (Upper BB)

Support: 229 .24 (1H 200-SMA); Resistance: 261.91 (Upper BB)

Support: 10.9220 (1H 200-SMA); Resistance: 12.4282 (Upper BB)

Inverter manufacturer ABB has rolled out a blockchain pilot to determine how technology can enhance the role of solar energy in peer-to-peer (P2P) energy trading.

Digital currency exchange Coinbase on Friday announced that its Coinbase Earn Program has expanded to more than 100 countries, allowing users to earn while learning cryptocurrencies.

The Securities Commission of The Bahamas (SCB) has proposed a new framework to regulate the issuance and sale of digital tokens to lure blockchain businesses and crypto investments to the island nation.

Facebook has registered a new financial technology company, Libra Networks, in Geneva, Switzerland, on May 2, as shown on Geneva’s commercial register.

Dutch bank ABN Amro announced on Friday that it plans to launch a digital blockchain platform that aims to securely and effectively manage post-trade processing of commodity transactions.

Billon Group’s subsidiary, Billon Solutions, inked a cooperation agreement on Friday with the Centre for Research on Legal Aspects of Blockchain Technology, operating at the Faculty of Law and Administration of the Un…

The European Central Bank (ECB) said that crypto-assets currently do not have any risks or threat to Europe’s economy, according to its May report.

Foreign exchange company FXCM announced on Friday that it will start offering two cryptocurrencies.

Support: 75.14 (21-EMA); Resistance: 84.40 (5-DMA)