Kakao Corp.’s crypto unit raised US$90 million through a private coin offering and is planning another round targeting a similar sum starting March 12, as it gears up to launch its blockchain platform in June.
Japan’s financial watchdog has abandoned plans to allow listed derivatives based on cryptocurrencies but may yet approve exchange-traded funds that track the asset class, according to a person familiar with the matter.
Roger Ver, chief executive officer at Bitcoin.com, discusses if we’ve reached a floor on the recent selloff in bitcoin, his outlook for cryptocurrencies, regulation of the industry, Bitcoin cash and mainstream adoption.
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