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Fidelity Investments’ crypto arm expands custody to Asia

October 29, 2020

Adoption, Asia, Blockchain, Cryptocurrencies, Investments, United States coins 0

Asian Bitcoin investors now have a new custody option.
Fidelity Investments — one of the largest asset managers in the world — continues to expand its …

Winklevoss’ Gemini exchange to count crypto taxes in real time

October 29, 2020

Blockchain, Cryptocurrencies, Cryptocurrency Exchange, Gemini, IRS, Taxation, Taxes, United States, Winklevoss Twins coins 0

TaxBit’s tool will allow Gemini customers to increase their tax refund.
American cryptocurrency exchange Gemini is partnering with tax compliance firm T…

Visa powers one more crypto card amid ongoing antitrust charges

October 29, 2020

Blockchain, Coinbase, Cryptocurrencies, Debit Cards, department of justice, United States, Visa coins 0

U.S. regulator’s growing distrust in tech companies is not stopping them from extending their services into the crypto industry.
As technology titans in…

Will they or won’t they? Central banks eye each other’s digital currency moves

October 29, 2020

Bank of Japan, Banks, BIS, Blockchain, Canada, CBDC, China, Cryptocurrencies, Dollar, Euro, European Union, Libra, Switzerland, United Kingdom, United States coins 0

Canada’s central bank recognizes that CBDCs are a necessarily international issue.
Canada doesn’t want any “surprises” regarding central bank digital cu…

Cred officially confirms suspension of fund inflows and outflows

October 29, 2020

Blockchain, Cryptocurrencies, Investigation, Law, Lending, United States, Uphold coins 0

A supposed Uphold user said that the first issues on CredEarn started on Oct. 15.
Cred, a United States-based cryptocurrency lending service, has offici…

NYSE’s former regulation head takes crypto job at Andreessen Horowitz

October 28, 2020

Andreessen Horowitz, Blockchain, Cryptocurrencies, Investments, NYSE, Stocks, United States coins 0

A regulation exec at the world’s largest stock exchange is leaving his role to enter crypto.
A senior regulation executive at the world’s largest stock …

SEC-approved crypto IPO issuer INX acquires STO platform OpenFinance

October 27, 2020

Blockchain, Cryptocurrencies, Invesments, SEC, United States coins 0

The crypto industry records another major acquisition in 2020.
According to an official announcement, INX has signed a term-sheet for the acquisition of…

LibertyX launches Bitcoin-to-cash sales at ATMs in United States

October 27, 2020

ATM, Blockchain, Cash, CoinATMRadar, Cryptocurrencies, Fiat Money, LibertyX, retail, United States coins 0

LibertyX wants to provide instant Bitcoin cashouts as the token hits new 2020 highs.
LibertyX, a major retail network of Bitcoin (BTC) ATMs in the Unite…

Central bank digital currencies have the power to upend global finance

October 26, 2020

Blockchain, CBDC, Central Bank, China, Cryptocurrencies, Federal Reserve, People’s Bank Of China, Smart Contracts, United States coins 0

Central bank digital currencies will fundamentally change our conceptions of money and its uses.
An astonishing 80% of central banks are engaging in wor…

Bahamas strikes first with Sand Dollar amid US–China CBDC faceoff

October 26, 2020

Blockchain, CBDC, China, Digital Currency, Dollar, United States coins 0

Fed Chairman Powell sees no urgency to develop a CBDC, but eventually, the world’s top central bank must act, say experts.
The Bahamas, an island nation…

How US authorities are using old AML tools to crack down on crypto

October 24, 2020

AML, Banking, Banks, Blockchain, Cryptocurrency Exchange, department of justice, Exchanges, fincen, KYC, Law, United States coins 0

With new changes to the Travel Rule up for discussion and a bevy of new cases in the courts, it’s time to look at how U.S. AML law is shifting to cope with crypto.
…

Cybercrime task force monitoring the global digital financial system

October 24, 2020

AML, Blockchain, Counter Terrorism Financing, Cryptocurrencies, Cybercrime, department of justice, European Union, Law, United States coins 0

Regulators are addressing the growing threat of transnational cybercrimes in the financial industry.
The United States faces a growing threat of transna…

Charles Hoskinson calls for a different kind of apoliticism than Brian Armstrong

October 24, 2020

Blockchain, Charles Hoskinson, Elections, Politics, United States coins 0

While Hoskinson is not a fan of “the Orange Goblin”, he still does not appreciate unsolicited pro-Biden emails from paid service providers.
“My first th…

US AML watchdog wants info on all international crypto transactions over $250

October 23, 2020

AML, Banks, Blockchain, Central Bank, Exchanges, Federal Reserve, fincen, Law, United States coins 0

The proposed change would cut down FinCEN’s longstanding $3,000 threshold.
The Financial Crimes Enforcement Network (FinCEN) and Federal Reserve are lo…

Traders on Paxful sell $16.2M of Bitcoin for discounted gift cards each week

October 23, 2020

Africa, Blockchain, Cryptocurrency Exchange, Gift Cards, Latin America, Localbitcoins, P2P, Paxful, United States coins 0

A new report has found almost half of all Bitcoin traded on the P2P exchange Paxful is exchanged for gift cards.
A report published by Arcane Research h…

Voyager crypto broker set to open to Europe after LGO merger

October 22, 2020

Blockchain, Cryptocurrencies, Europe, United States coins 0

LGO exchange is a gateway for Voyager to access Europe.
Crypto broker Voyager has teamed up with LGO, a European digital asset exchange focused on insti…

Canada’s first public Bitcoin fund hits $100M mark

October 21, 2020

Blockchain, Canada, Cryptocurrencies, Cryptocurrency Exchange, Digital Asset Management, Gemini, Investments, Stocks, Toronto, United States, Winklevoss Twins coins 0

Shares of Canada’s first publicly listed Bitcoin fund are up 30% since its launch in April.
Canadian digital asset manager 3iQ has recorded a major mile…

Abramoff-linked crypto firm says SEC has no case against it

October 21, 2020

Blockchain, Court, Cryptocurrencies, Fraud, ICO, Investments, Law, Scams, SEC, Tokens, United States coins 0

Participants of a $5.6 million token sale did not expect a return on investment, the NAC Foundation argued.
The NAC Foundation has accused the United St…

Pomp says US digital dollar needs to happen now

October 20, 2020

Blockchain, CBDC, China, Federal Reserve, Government, United States, US government coins 0

The U.S. doesn’t mind coming a bit late to the CBDC party, but is that the wrong approach?
Recent comments from Jerome Powell, the chairman of the U.S. …

New Zealand has no imminent plans to issue CBDC, says central bank exec

October 20, 2020

Adoption, Banks, Blockchain, Cash, CBDC, Central Bank, Digital Currency, Federal Reserve, Fiat Money, Payments, Transactions, United States coins 0

Important questions about CBDCs remain unanswered for the Kiwi’s central bank.
Financial authorities in New Zealand are in no hurry to issue a central b…

Leaders of global CBDC projects talk shop in panel today

October 19, 2020

Bank of England, BIS, Blockchain, CBDC, CFTC, Sweden, United States coins 0

Central bank digital currency interest continues gaining global traction.
As part of DC Fintech Week, a digital conference on the governmental side of …

Better to get it right than to be first with CBDC, says US Fed chair

October 19, 2020

Blockchain, Central Bank, China, Digital Currency, Dollar, Federal Reserve, Payments, United States coins 0

The U.S. already has a “safe and active dynamic domestic payment system,” Powell argued.
The United States will not be issuing a digital dollar until th…

Getting the story straight: Blockchain to curb fake news

October 18, 2020

Blockchain, study, United States coins 0

Rather than responding to existing fake news, this solution prevents imposters, a type of fake news story that appears to be from a legitimate news agency.
…

Bitcoin mining’s future is green, and Russia has the best chance

October 18, 2020

Bitcoin Mining, Blockchain, China, Cryptocurrencies, Electricity, Mining, Russia, United States coins 0

Despite unclear crypto regulations in the country, Russia may become the leader in sustainable crypto mining.
Last month, Chinese President Xi Jinping, …

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Category: United States