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Fed Governor Brainard Identifies Libra Threat, Says Regulatory Hurdles Abound
17.10.2019
Federal Reserve governor Lael Brainard delivered a sharp critique of Libra, which would need to resolve many regulatory hurdles before going live
Bermuda to Start Accepting USDC Stablecoin for Tax Payments
17.10.2019
Bermuda has become the first government to start accepting taxes in the form of hugely popular USDC stablecoin. In fact, the people of Bermuda will also be able to use the USD Coin (USDC) for the payment of fees and government services, as per the official announcement by Circle on its blog dated...
Meet Be.cash: An Offline Bitcoin Cash Sending Tool
17.10.2019
On October 13, software developer Tobias Ruck showed off a demo of an offline bitcoin cash (BCH) wallet tool called Be.cash. The concept provides individuals with the ability to send and sign a BCH transaction without internet service. Also read: 80% of Crypto Trade Volume Tracked by Blockchain...
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...
Top Fed Official Says US Central Bank ‘Actively’ Debating Digital Dollar
16.10.2019
Federal Reserve Bank of Dallas President Rob Kaplan says the U.S. dollar faces increasing threats to its status as the global reserve currency
Fearing USD Decline, Ex-CFTC Heads Propose a Blockchain-Based Digital Dollar
16.10.2019
Two former ranking members of the CFTC offered up a plan for a government-sanctioned, blockchain-based digital dollar
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:...
Highcastle Broadcasts Collaboration News With Archax for Added Liquidity to Digital Securities
16.10.2019
The crypto world has always been a supporter of strategic partnerships where established industries from the crypto space lend their support to the potentially-strong new ventures. One such collaboration has been announced by the London-based share registrar and investment platform, HighCastle...
Binance Coin (BNB) Unveiled as ETP on Six Swiss Stock Exchange
16.10.2019
Malta-based leading digital asset trading platform, Binance has added one more feather to its credit by entering into a strategic partnership with tech firm Amun AG. The crucial partnership has led to the launch of BNB, the native currency of Binance, as an Exchange Traded Product or ETP on...
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...
Ex-CFTC Chairman: US Must Create an Independent Blockchain Dollar
16.10.2019
Digitize the dollar to keep reserve currency status, says Giancarlo
Wilshire Phoenix Refiles Its Bitcoin ETF Proposal With SEC
16.10.2019
Wilshire Phoenix refiles the updated version of its Bitcoin ETF proposal
Foxconn Founder: Libra Can ‘Converge’ With China’s Digital Currency in Taiwan
16.10.2019
Terry Gou, Taiwan's richest man and the founder of manufacturing giant Foxconn, wants the island to roll out the red carpet for Facebook's Libra
RBC Analysts: Squashing Libra Could Boost China’s Digital Currency
16.10.2019
China’s digital currency could become the dominant digital currency if U.S. regulators dismiss Facebook's Libra
Bitcoin’s Smallest Unit ‘Satoshi’ Added to Oxford English Dictionary
15.10.2019
Oxford University Press published its recent quarterly report which revealed the term ‘satoshi’ was added to the Oxford English Dictionary (OED) database. The word represents the “smallest monetary unit in the Bitcoin digital payment system,” according to the definition....
SEC Restarts Clock on Proposed ‘Bitcoin and T-Bills’ ETF
15.10.2019
Members of the public have another 21 days to send the SEC comments on a proposed ETF backed by bitcoin and Treasury bonds
Europol Predicts Rise of ‘Criminal’ Crypto Exchanges in Digital Underground
15.10.2019
Is the current industry landscape, where centralized exchanges dominate cryptocurrency trading volumes, about to change in the coming years? Europol predicts that international regulatory demands for identity verification on established venues will push privacy concerned traders into so-called...
CoinShares, Blockchain and MKS Switzerland Collaborate to Launch Bitcoin Network Backed Token DGLD
15.10.2019
The DGLD, a digital asset token protected by the Bitcoin “Blockchain,” was recently launched by CoinShares, a European digital asset investment firm in collaboration with Blockchain, a major crypto wallet, and provider of some major crypto products along with MKS (Switzerland) SA part of MKS Pamp...