Cryptocurrency news today 13 Aug

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Cryptocurrency news today 13 Aug

Team Cryptocoins.group presents to your attention a regular column – “the news of the cryptocurrency today”. Recall that in this column we publish news, which influence on the exchange rate of the cryptocurrency of the TOP 100 by market capitalization according to Coinmarketcap.

Top 10 cryptocurrencies in the Coinmarketcap version remain in their positions with minor fluctuations over the past 24 hours. Bitcoin has added 0,64%, Bitcoin Cash ? 0,62%, Ethereum lost 1,83%, XRP ? 0,43%. Stellar is the most advantageous compared to other, this cryptocurrency has grown by 7.06%.

Was rejected a lawsuit against Ripple. Investor Ryan Coffey filed a lawsuit in California court against the company Ripple. He accused the company of illegal manipulation XRP, referring to the created hype in the press, security, the introduction of clients in error. Also the cryptocurrency accused of insufficiently decentralized structure and violation of Federal laws. However, the court, after examining all the papers and evidence, refused the application. Most likely, the appeal will not be filed. Prior to this, the representatives of the largest structures in the U.S. Commission on commodity futures trading, Commission on securities and stock exchanges also pointed to possible violations of the law and is not planning to classify them as securities. Before similar lawsuits against Ripple also submitted, but were not satisfied.

Scandal cryptocurrency exchange KuCoin happened in Hong Kong. Jenson Vaughn, independent journalist, decided to conduct its own investigation and write an article about it. When he arrived at the address of the official headquarters of the exchange, he discovered the only other company. Employees Rich Moral CPA working in this building, heard nothing about cryptocurrency are there companies or cryptomeria. The journalist believes that once none of the Directors is not resident in Hong Kong, and the Chinese employees do not have got a work visa to work in Hong Kong branch, the exchange violated several points of local law and must cease operation. Perhaps it will lead to fraud, for example, to freezing of the exchange and the funds on it. The company commented on the article: “ KuCoin has always been a global company with over 300 employees in four major offices in China, Singapore, Thailand and the Philippines”. Thereby denying full-fledged branch in Hong Kong.

Guide Binance denies the sale of permits for the listing. The dispute on Twitter between Christopher Franco, co-founder of the platform Expanse and Campenon Zhao, Director of the Binance attracted the attention of the public. Christopher claimed that in the course of correspondence with employees of the company found out the cost of listing on this exchange ? and it is 400 bitcoins. However, Zhao categorically denies this, perhaps, Christopher was contacted by someone from the Scam. According to Zhao, all cryptocurrencies added to the listing platform for free and really deserve this, because the management does not doubt in their quality. And suspicious projects will not get the listing even four thousand bitcoins.

The Vietnamese government banned the import of equipment for mining cryptocurrency. This was reported by local media. Customs service of Ho Chi Minh city reported to the government that Vietnam imported more than 3.5 thousand mining devices for businesses and individuals. Some of them have not provided the tax code. Authorities are concerned about the rise of fraudulent schemes, and therefore decided to tighten control over the cryptocurrency. Now the country is impossible to pay with the cryptocurrency and start trading.

In China, the government refers to the favorable cryptocurrencies and blancanus. Before it was released for the guidance of officials of the Communist party, which is described in detail on blockchain technology, the problems and potential scenarios. The government believes this guide is only part of a larger project on technology and literacy in China.

Stay tuned not to miss any important event from the world of cryptocurrency!

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