CRYPTO NEWS

Crypto Startup Uphold Moves to Become Licensed U.S. Broker-Dealer:
Digital money platform Uphold is looking to become a Finra-registered broker-dealer following a new acquisition, the company says.

Korean Watchdog Tightens Rules on Crypto Exchange Bank Accounts:
Banks in South Korea are now required to monitor all accounts held by crypto exchanges following a tightening of anti-money laundering measures.

Bitcoin Price Risks Another Fall Below $6K, Charts Say:
After yesterday's drop, bitcoin could fall below the $6,000 mark, but will likely fare better other cryptocurrencies.

Huobi Pro Exchange to Suspend Crypto Trading in Japan:
Huobi Pro is to stop offering trading services to investors living in Japan, reportedly over its lack of a license in the country.

The EOS Arbitrator Problem: A Crypto Governance Breakdown Explained
Dispute settlement in EOS is being handled by a group called ECAF, but its role – and how it should communicate – still needs to be figured out.

US State Seeks to Confiscate $24 Million in Dark Web Bitcoin:
The crackdown of vendors on darkweb marketplaces lets the U.S. government seize 4,000 bitcoins and now it wants to confiscate all of them.

Hong Kong Seeks to Widen DLT Use in Trade Finance:
Hong Kong's banking regulator is planning to widen its works on cross-border trade finance using distributed ledger technology.

FOMO for Dogecon: What You Missed At the Gathering of the 'Shibes'-
Dogecon, a conference about "the social layer of crypto culture", took place last weekend and people on social media have only good things to say.

Japan's Finance Minister Balks at Changing Crypto Tax Rules:
Japan's top financial official is cautious about the idea of his nation changing how it taxes gains from cryptocurrencies.

US Senators Discuss Crypto Threat to Domestic Elections:
DarkTower director Scott Dueweke said cryptocurrencies are "tailor made" for foreign powers hoping to influence American elections.

Facebook Relaxes Ban, Accepts Some Crypto Ads:
Now, at least some, crypto advertisers will find that they can post crypto ads on Facebook - if they are approved through an application process.

Florida Is Creating Its Own Crypto Czar:
Florida's chief financial officer has created a new "crypto czar" to oversee regulation of the cryptocurrency and ICO space.

Korea's Exchange Hacks: What the Country's Crypto Scene Is Saying-
Koreans have been up in arms on social media ever since two popular South Korean crypto exchanges were hacked only weeks a part from each other.

Congress Advances Bill to Study Crypto Use in Drug, Sex Trafficking:
Lawmakers in the House of Representatives have passed a bill that would approve a study of the use of cryptocurrencies in the sex and drug trades.

Overwinter Is Here: Zcash Claims 'Successful' First Hard Fork-
Zcash has successfully activated its Overwinter hard fork, setting the privacy-focused cryptocurrency up for its major Sapling upgrade in the autumn.

PBoC Filings Reveal Big Picture for Planned Digital Currency:
The continuing efforts by China's central bank to build a fully-featured digital currency product are revealed in its many patent filings.

Privacy Is Vital to Crypto – And the Global Economy:
Privacy is needed to enhance the "moneyness" of cryptocurrency. As it is, our entire global system of money has also seen its fungibility deteriorate.

2 APAC Nations Have Ruled Out Central Bank Digital Currencies:
The central banks of both Australia and New Zealand have said they do not plan to create their own digital currencies – at least for now.

Bitcoin Price Building Relief Rally, But Resistance Hurdles Await:
Currently trading sideways, bitcoin still looks set for a corrective rally as long as prices remain above $6,000.

A New Business Model Is Shaking Up the Crypto Exchange Rankings:
The recently introduced, and controversial, "trans-fee mining" revenue model is starting to change the cryptocurrency exchange landscape.