Bitcoin 

Crypto Exchanges Must Register With Financial Watchdog Next June

Cryptocurrency exchanges in Canada will be legally required to register with the Financial Transactions and Reports Analysis Centre of Canada (FinTRAC) as of June 1, 2020, according to a notice published on July 10. This requirement will come into effect along with other amendments to Canada’s new anti-money-laundering (AML) laws next year. Crypto exchanges will also reportedly be required to observe Know Your Customer policies and report any suspicious transactions to the Canadian watchdog; this also includes keeping records of their clients and hiring a compliance officer for their platform.…

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Bitcoin 

The Strange Case of CCN and the Google June 2019 Core Update

Here at Cointelegraph, we were as shocked as everyone else in and around the crypto-sphere when we learned about the abrupt closure of stalwart crypto media outlet CCN. Established at around the same time as Cointelegraph and CoinDesk, CCN spent years competing for the crypto audience. However, just a couple days later, as many others, we were relieved to hear that CCN was back — although we couldn’t help but feel sceptical regarding several aspects of the story and puzzled by so many questions swirling around it. How come a key player…

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Bitcoin 

Russian Parliament Considers Imposing Fines on Crypto Mining by End of June

Russia’s parliament, the State Duma, is considering imposing administrative responsibility for the mining of cryptocurrencies, local news outlet TASS reported on June 7. In an interview with TASS, Anatoly Aksakov, the chairman of the State Duma Committee on the Financial Market, said that the government may introduce administrative responsibility for digital currency mining by the end of June. Aksakov stated: “I note that any operations with cryptocurrency that are contrary to the Russian legislation will be considered illegitimate. This means that mining, organizing issuance, circulation, creating exchange points for these…

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Cryptocurrency 

Facebook Coin | Platform will Announce Cryptocurrency in June

According to CNBC, Facebook will announce its cryptocurrency later in June. Further, those working on the project will be able to take their salary in its new currency—the Facebook coin. Let’s check this out; here’s what we know. Facebook Coin: To Be Announced in Late June Rumors have surfaced for months now about Facebook’s new digital asset; however, nothing was ever truly confirmed. What is known is this: Almost one year ago, Facebook hired former PayPal executive David Marcus to explore blockchain opportunities—blockchain is, of course, the necessary technology to…

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Ethereum 

Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Bitcoin SV, Stellar, Tron: Price Analysis June 3

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Hester Peirce, commissioner at the United States securities regulator, believes that the exchange-traded fund (ETF) application by the Winklevoss twins should not have been rejected. She has requested her co-commissioners to be open to innovation in the ETF space because a Bitcoin ETF, if passed,…

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Blockchain 

Blockchain.info Confirms In-Wallet Paxos Stablecoin Trading Rollout for June 3

Cryptocurrency data aggregator and wallet provider Blockchain.info will launch trading of its fifth coin, paxos standard token (PAX), on Monday, the company told industry news outlet CoinDesk on May 31. Paxos is a United States dollar-pegged stablecoin, and its addition will be a first for Blockchain.info in the stablecoin space. Blockchain currently supports four cryptocurrencies: bitcoin (BTC), ethereum (ETH), bitcoin cash (BCH) and stellar (XLM), having removed its limited bitcoin SV (BSV) options earlier this month. The company had hinted about the move for some time, surveying users about their…

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Blockchain 

Neo Upgrade Scheduled For Beginning of June, New Oversize Fee Added

The Chinese-based blockchain platform Neo has announced plans to upgrade its mainnet on June 3 at 9:00 am (GMT), according to an official blog post on May 29. According to the announcement, one of the main consequences of this upgrade is the addition of an oversize fee — measured in the cryptocurrency GAS on the Neo blockchain — for high priority transactions over 1,024 bytes. The oversize fee for these transactions is determined by the formula, (transaction size) * 0.00001 GAS + 0.001 GAS, with a few special case exceptions;…

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Ethereum 

Blockchain-Powered IPO Platform to List First Company in June

SprinkleXchange, a blockchain-powered initial public offering platform, is preparing to list its first company in June, Bloomberg reported on May 17. According to Alexander Wallin, the bourse’s CEO, it is hoped that up to 1,000 companies will join over the next three to four years. The Ethereum blockchain is used for settlement and clearing, and its users will be able to trade listed companies and cryptocurrencies 24 hours a day. Switzerland’s SIX stock exchange is also planning to launch a blockchain-powered digital exchange, which will be powered by blockchain consortium…

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Blockchain 

South Korean Internet Giant Kakao’s Blockchain Platform to Launch in June

Ground X, the blockchain arm of South Korean internet giant Kakao Corp, has announced the launch date of its own blockchain platform, a Cointelegraph correspondent learned at Consensus 2019 on May 13. Per the announcement, the Klaytn mainnet will launch on June 27, 2019, and will purportedly be a major driver of blockchain adoption in the country. Kakao has a 96% market share in South Korea, with a presence in messaging, gaming, content services, financial services and mobility services. Kakao announced its intention of launching a blockchain platform last March,…

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Blockchain 

Moscow Student Councils Plan to Pilot Blockchain E-Voting in June

Authorities of Moscow are planning to pilot blockchain-based electronic voting in university student council elections in late June 2019, establishing methods that the city’s mayoral election may be next to apply, Russian news agency TASS reported on May 6. According to the report, the project is set to be tested with the support of the Moscow Department of Information Technology (DIT) and the Moscow City Election Commission (Mosgorizbirkom). DIT deputy head Artem Kostyrko revealed that technical specifications for the pilot program will go to Mosizbirkom in mid-May for approval. Once…

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