Bitmain Completes Staff Options Ahead Of US IPO, Sources Claim

Bitcoin mining giant, Bitmain, has allegedly completed the signing of employee options and will shortly undergo its initial public offering (IPO). Bitmain Revives ‘$500M’ IPO According to unnamed sources speaking to Chinese-language news outlet, Jiemian, Bitmain finished the signing late last month. This comes only 4 months after Bitmain’s proposed Hong Kong exchange IPO application […]

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‘Totally Absurd’ – New FATF Rules To Turn Bitcoin Exchanges Into Banks

Intergovernmental body the Financial Action Task Force (FATF) has committed to making 200 countries treat cryptocurrency exchanges like banks. FATF Among ‘Biggest Threats’ To Crypto As Bloomberg reported June 11, an update to how national regulators should treat businesses dealing with cryptocurrency tokens will officially go public on the 21st of the month. Its impact […]

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