CFTC charges Uniswap with illegal derivatives trading
One CFTC commissioner dissented, calling the action “regulation by enforcement.”
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Russia Will Not Legalize Facebook’s Cryptocurrency, Official Says
Chairman of the Russian State Duma Committee on Financial Market Anatoly Aksakov has said that Facebook’s forthcoming cryptocurrency Libra will not be legalized in Russia, local news outlet TASS reported on June 18.Aksakov stated that Russia will not legalize the use of Facebook’s Libra cryptocurrency which the company intends to roll out in 2020, because…

Visa Backs New Bitcoin Rewards Card From Lightning-Friendly Fold
The Fold app — a Lightning-compatible mobile app that offers users Bitcoin rewards (BTC) while shopping — has joined Visa’s Fintech Fast Track Program.Joining the program will enable the app to launch a new Visa co-branded card, which continues the offer of Bitcoin rewards for purchases made at retailers.Speaking to Cointelegraph, Fold’s CEO Will Reeves…

Hong Kong watchdog aims to restrict retail traders to liquid products
When asked about Bitcoin or Ether, SFC executive Julia Leung Fung-yee did not respond but reiterated that “highly liquid” products will be allowed. 387 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe new licensing program, scheduled to take off in June, will restrict retail traders in Hong Kong…

Japanese Platform Pays for Watching Ads. The Coin Can Be Used in Local Stores
A Japanese video platform service, called c0ban.tv, has started its expansion to English-speaking markets, as the startup team has reported to Cointelegraph. The platform has its own cryptocurrency and is developed by the LastRoots corporation, famous for its popular cryptocurrency exchange.Buying lunch with cryptoThe c0ban.tv platform publish short video ads. It already has over 50,000…

Hong Kong-listed Huobi Tech launches cryptocurrency OTC service
Formerly known as Pantronics Holdings, Huobi Technology has shifted its focus from electronic products to crypto. 875 Total views 5 Total shares Hong Kong-listed virtual asset platform Huobi Technology Holdings has launched a cryptocurrency over-the-counter (OTC) service, the firm announced to Cointelegraph on Wednesday.Listed on the main board of the Hong Kong Stock Exchange (HKEX)…

Client malfunction brings down Ethereum’s most popular block explorer
Etherscan and OpenEthereum are stuck on one block shortly after Berlin hard fork. 698 Total views 10 Total shares The OpenEthereum client for Ethereum, formerly known as the Parity client, is reportedly malfunctioning for a number of users on Thursday afternoon UTC, including the popular block explorer Etherscan.According to multiple user reports on Github, the…

$5,000 Ethereum by the end of May? On-chain data suggests so
On April 14, the price of Ether (ETH) just hit an all-time high at $2,400 and although the price has increased more than three-fold since the beginning of this year, the current speculative premium suggests, there is a lot of room for upside.Ether's speculative premium is far from overheatedWhile the current price of Ether is…

DeFi protocol 1inch set to be the first to expand to the NEAR blockchain
Mooniswap and the Pathfinder algorithm will be available to NEAR users. 2790 Total views 15 Total shares The Mooniswap decentralized exchange protocol, developed by DEX aggregator 1inch, will be the first Ethereum DeFi protocol to develop on NEAR, a sharded smart contract platform.As part of a collaboration announced on Tuesday, the 1inch team pledged to…