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CFTC action shows why crypto developers should get ready to leave the US

The CFTC said in its statement on the issue that Ooki DAO’s bZeroX protocol offered illegal off-exchange trading of digital assets. The agency took issue with the fact that the founders, Tom Bean and Kyle Kistner, tried to use the existing bZeroX protocol within the DAO to put it beyond the reach of regulators.

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Source: Cryptocurrency - investing.com

Kakao shares slump after widespread service outage

After two years of shipping snarls, things are starting to turn around