The deputy secretary of the U.S. Treasury has raised the specter of a not-so-distant future when private digital currencies have stripped some of the power from governments. Policymakers will take a “hard look” at that, he said.
Bakkt’s Bitcoin Futures Launch in Singapore in Just Two Weeks
Bakkt, the bitcoin subsidiary of NYSE owner ICE, has announced the launch date and specs for its Singapore-listed, cash-delivered bitcoin futures.
South Korea Takes Legal Step to Stamp Out Unregistered Crypto Exchanges
A legal amendment to an act addressing the South Korean crypto industry would criminalize unregistered exchanges, but has loosened other requirements.
Binance Enters Indian Market With Acquisition of Crypto Exchange WazirX
Binance has made a move into India’s potentially huge, but troubled, cryptocurrency market with the acquisition of the WazirX exchange platform.
Too Early to Tell if Libra Is a Security, CFTC Chairman Says
Despite some headlines, CFTC chief Heath Tarbert didn’t actually say Libra is a security, even if it is different from commodity bitcoin.
Fed Reserve Evaluating Digital Dollar But Benefits Still Unclear, Says Chairman
Jerome Powell has said his institution is looking into the possibility of developing a digital currency, but the option throws up many policy questions and unclear benefits.
Canada’s Einstein Exchange No Longer Has Bulk of Users’ Claimed CA$16M: Receiver
The exchange, taken over by a Canadian securities regulator two weeks ago, has just CA$45,000 in crypto and cash left.
IRS Focusing on Potential Illicit Activities Facilitated by Bitcoin ATMs: Official
The Internal Revenue Service is looking at bitcoin ATMs and their potential to facilitate illicit activities, its criminal investigation chief said.
UK Law Panel Defines Crypto Assets as Property
A panel of senior British judges and lawyers has moved to clarify the legal status of cryptocurrencies and smart contracts.
US Crypto Firms Will Soon Have Another Banking Option
U.K.-based Cashaa, which describes itself as a banking service platform, is about to launch bank accounts for stateside crypto firms denominated in U.S. dollars.
Nestle, Carrefour Extend Blockchain Tracking Effort to Baby Milk
Nestle and Carrefour are using IBM’s Food Trust blockchain platform to track organic baby milk products “from dairy to shelf.”
Ukrainian Railways Branch Caught Mining Crypto With State Power
The Lviv branch of Ukrainian Railways has been caught red-handed diverting company electricity to mine bitcoin.
BRICS Nations Ponder Digital Currency to Ease Trade, Reduce USD Reliance
The BRICS association of major emerging economies has discussed developing a digital currency to facilitate trade between member nations.
Coinbase Expands Reach of Visa Card in Europe, Adds 5 New Cryptos
The exchange has added new crypto options to its Visa debit card, including XRP, XLM and REP, and also expanded availability to 10 more nations.
PayPal’s Axing of PornHub Model Payments May Boost Verge Crypto
PayPal has abruptly cut its payments service to thousands of live performers on Pornhub. Can the verge crypto pick up the slack?
Kik Suffers Setbacks With ‘Void for Vagueness’ Defense in SEC Case
Kik has hit a brick wall with its ambitious “void for vagueness” defense in a case brought by the SEC over its $100 million initial coin offering.
ASX-Listed DigitalX Seeds New Fund With Half Its Bitcoin Holdings
The first ever cryptocurrency firm to be listed on a major stock exchange has launched a new bitcoin fund.
Telegram Refutes All SEC Allegations, Asks Court to Dismiss in New Filing
Messaging app firm Telegram has made a new plea to a U.S. court to drop an action brought by the SEC alleging its token is a security.
HSBC, SGX to Investigate if DLT Offers Efficiency Boost for Bond Markets
A new trial will examine if digitalizing fixed income securities with DLT can bring new efficiencies to the Asian markets.
CME Says It Will Launch Bitcoin Options in January
Chicago exchange CME Group has announced it will launch options on its bitcoin futures contracts in mid-January.