Day: November 16, 2019

Crypto News From the Spanish-Speaking World: Nov. 10–16 in Review

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In this week’s news from the Spanish-speaking world, a Venezuelan official claims that all currencies will be replaced by cryptocurrencies, the Argentinian chief of the Banking Association criticizes fintech and crypto, and Spain offers prepaid visa card to teenagers that they can reload with crypto. Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph en Español. “Currencies will be replaced by crypto,” says Venezuelan official The Deputy of the National Constituent Assembly of Venezuela, Francisco Torrealba, said in an interview on national…

ConsenSys CSO Seeks to Raise $50M for New Blockchain Investment Fund

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An executive at the Ethereum blockchain firm ConsenSys is launching a new blockchain-oriented investment firm, Aligned Capital. Sam Cassatt, the chief strategy officer (CSO) at ConsenSys, announced that the firm will be seeking to raise $50 million for its first fund in an announcement on Nov. 15. Cassatt, who has been at the firm for five years, will continue to serve as an advisor to ConsenSys while working full-time as a founding managing partner at Aligned Capital. Apart from blockchain, Aligned Capital will invest in safe AI and innovative healthcare…

Asian Investors Call For Regulatory Clarity on Cryptocurrencies in the US

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Speaking at BlockShow Asia 2019, Proof of Capital managing partner Edith Yeung called out American regulators for leaving blockchain-based ventures in the dark. These companies are commonly domiciled in Singapore, Switzerland, or Hong Kong because “they have no idea of what is happening in the US. They don’t want to touch it because of the legal tension.” Some exchanges are in fact leaving the US amid continued regulatory uncertainties. Last month, Poloniex spun out from Circle to form a new exchange that will not allow American customers to trade on…