Monday 15 June, 2020.
Estonia has canceled 500 cryptocurrency firms’ licenses, about 30% of the total, as part of a crackdown on illicit financial flows following a $220 billion money-laundering scandal involving Danske Bank.
To date, the FIU has shut down companies that failed to start operations in the Baltic state within six months of getting a license.
- News Bitcoin
ETHEREUM IS PRIMED TO TUMBLE TOWARDS $200 UNLESS “BIG BUYERS” STEP IN
Hardware Wallet Maker Ledger Joins the Universal Protocol Alliance. The alliance’s existing members include Bittrex Global, decentralized lending platform Cred, crypto payments platform Uphold, smart contract security firm CertiK and Blockchain at Berkeley.
– Coin Telegraph
The Bitcoin Price Just Shattered a New All-Time High. Its one-year average price just crossed $9,500, a new all-time high.
As Ethereum pushes slowly toward a new type of blockchain technology that some cryptocurrency experts predict could represent the future of decentralized finance, the upstart competitor Cardano is getting ready to go live.
And Cardano’s digital token, ADA, is soaring this year in digital-asset markets on speculation that the project’s early embrace of a “proof-of-stake” blockchain might put it in a stronger position to challenge the much-larger Ethereum network.
– Coin Desk
Indian news site The Economic Times created a stir Friday by suggesting that lawmakers in India, where the Supreme Court only overturned a punitive banking ban from the Reserve Bank of India (RBI) four months ago, were planning on slapping a new ban on crypto companies. Rumors that India might be considering a new ban on crypto may be premature, exchange founders and startup CEOs working in the sector believe.
– Coin Desk