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Circle Drops Poloniex Leaving US Crypto Traders High and Dry
19.10.2019
According to a blog post published by Circle, the cryptocurrency firm is releasing its subsidiary exchange Poloniex which is now owned by an “Asian investment group.” The trading platform will become an independent company called Polo Digital Assets, Ltd., and after November 1, 2019...
CoinMarketCap Unveils New Crypto Ranking Product: Interest by CoinMarketCap
19.10.2019
CoinMarketCap, the leading website offering financial analytics services and graphs has launched a new lucrative product named ‘Interest by CoinMarketCap’ for facilitating users. The new product will aid in ranking reputed crypto-asset lending platforms in accordance with the interest rates being...
Fidelity Digital Assets Opens to All Qualified Investors
19.10.2019
Fidelity Digital Asset Services is rolling out its custody and trading platform to all qualified clients, after initially expecting it to launch in March
Fidelity Digital Assets’ Testing Opens to More Qualified Investors
19.10.2019
Fidelity Digital Asset Services is rolling out its custody and trading platform to more qualified clients
Ethereum Name Service Adds Infrastructure for Multi-Currency Support
18.10.2019
On October 16, the Ethereum Name Service (ENS) announced multi-currency support and integration with 15 platforms and wallets. The fusion will provide users with the ability to use a single ENS name across a wide spectrum of crypto applications alongside leveraging a variety of digital assets. Also...
SEC Wants Second Look at Bitwise Bitcoin ETF Proposal
18.10.2019
The U.S. Securities and Exchange Commission (SEC) is reviewing its order issued last week pertaining to a rejected proposal for a bitcoin exchange-traded fund (ETF). The proposal was filed by NYSE Arca for the Bitwise Bitcoin ETF Trust. Meanwhile, the SEC is also evaluating a proposed rule change...
Interest by CoinMarketCap: Compare where you can earn and borrow crypto
17.10.2019
Key takeaways: Interest by CoinMarketCap is one-stop resource for users to find out where to save, earn, borrow and margin-trade with their crypto-assets (i.e. coins and tokens) – all in one place. We are starting with 33 cryptoassets including Bitcoin, […]
The post Interest...
CEO of MoneyGram to Highlight Blockchain Technology and Digital Assets’ Impact at Swell’19
17.10.2019
W.Alexander Holmes, the CEO and Chairman of MoneyGram, one among the biggest money transfer entities in the world, is all set to divulge valuable insights on the impacts that blockchain technology and digital assets have brought to the world at the Swell 2019 edition. Ripple shared the update...
Survey: Chinese Students Want Crypto Jobs, 8% Own Cryptocurrencies
17.10.2019
A poll conducted among university students in China indicates that many of them see a bright future for cryptocurrencies in their country. A quarter of the respondents said they would seek employment in the industry that deals with digital assets and related technologies. Approximately one in...
Rare Joint Statement From U.S. Regulators Proves Crypto Centralization Is Here
17.10.2019
The U.S. SEC, Fincen and CFTC issued a rare joint statement Friday addressing regulation of “activities involving digital assets.” Citing crypto’s perceived role in money laundering and terrorism, the regulatory power trio prescribed stricter adherence to anti-money laundering...
80% of Crypto Trade Volume Tracked by Blockchain Surveillance
16.10.2019
Ever since governments worldwide started showing adversity toward cryptocurrencies like bitcoin, a few startups have dedicated their business model to blockchain surveillance. Two weeks ago, Chainalysis revealed the company is monitoring 21 different tokens that stem from Ethereum. On Tuesday,...
Where US Regulators Stand on Crypto Assets
16.10.2019
The U.S. has many regulators responsible for overseeing different aspects of crypto assets, each with its own stance on how they should be regulated. Major regulators in the U.S. with strong opinions on cryptocurrency include the SEC, the CFTC, the Federal Reserve, Fincen, and the IRS. Also read:...
G20 Informed Stablecoins Could Pose Financial Stability Risk
16.10.2019
The Financial Stability Board has informed the G20 finance ministers and central bank chiefs of the risks stablecoins could pose to financial stability. Unlike crypto assets which do not pose financial stability risk at this time, stablecoins could pose a host of challenges. Also read: Unicef...
CipherTrace’s Blockchain Forensics Service Now Covers 700 Crypto Assets
15.10.2019
The blockchain analytics provider now offers a window into the data of more than 87 percent of the top 100 cryptocurrencies
Indian Supreme Court Postpones Crypto Case to November
15.10.2019
The Supreme Court of India on Tuesday once again postponed hearing the case against the crypto banking restrictions by the Reserve Bank of India (RBI). The central bank has replied to crypto exchanges’ representation as directed by the court, which was supposed to resume hearing the case...
Diversified Crypto Fund Receives FINRA Regulatory Approval
15.10.2019
Grayscale Investments has received regulatory approval to publicly quote shares of its diversified crypto fund. The product, which is the firm’s only diversified offering, invests in five main cryptocurrencies. In addition, the firm offers nine single-asset investment funds, some of which...
The Fed Plans to Inject $60 Billion per Month Into the Economy
15.10.2019
On October 11, the U.S. Federal Reserve explained that it would inject more easing into the economy by purchasing Treasury bills at an initial $60 billion per month for the next two months. The purchasing rate could decrease or increase, but the central bank expects the easing plan to last until...
US Financial Regulators Warn Crypto Asset Industries to Abide by the Banking Laws
14.10.2019
The heads of three financial regulators of the US, namely SEC (Securities and Exchange Commission), CFTC (Commodity Futures Trading Commission), and FinCEN (Financial Crimes Enforcement Network) have released a joint statement on October 11th, warning the crypto asset industries to adhere to...
Tax Guide: What Crypto Owners Should Know
14.10.2019
With the rise in price and the growing adoption of cryptocurrencies, more governments worldwide have been ramping up efforts to tax them. Some countries are using extreme measures to get their hands on this new source of untapped revenue, but there are also tax-friendly countries that are...
IMF Has Another Trick Up Its Sleeve When Fiat Fails – Its Own Coin SDR
14.10.2019
Virtually everybody knows what a dollar is, but not as many know about the SDR. The International Monetary Fund’s (IMF) Special Drawing Rights is an international, monetary reserve system created specifically to address limitations of gold and standard fiat currencies such as the USD....