China should revamp its plan for a national digital currency in the face of Facebook’s Libra cryptocurrency, says the central bank’s former head.
Canada’s Crypto Exchanges Must Now Register as MSBs, Report Transactions Over $10K
Canada has updated its anti-money laundering rules, classing crypto exchanges as MSBs and mandating financial compliance and reporting.
Binance Launches Platform ‘2.0’ as Margin Trading Goes Live
Binance has launched version 2.0 of its platform – a move that officially adds margin trading for its customers.
Oil Giant Shell Invests in Startup That Uses Blockchain Tech for Energy Tracking
A blockchain startup that says it’s working to give energy consumers more choice has raised an undisclosed sum from Shell and Sumitomo Group.
Visa, Blockchain Capital, a16z Back $40 Million Series B Round for Crypto Custodian Anchorage
Institutional crypto custody provider Anchorage just raised $40 million in a Series B round backed by Blockchain Capital, Visa and a16z.
Blockchain Firm Diginex May Soon List on Nasdaq in the US: Report
The blockchain and cryptocurrency services firm could soon to go public in the U.S. via a reverse IPO, a report says.
Facebook Says It Won’t Launch Crypto in India Due to Regulatory Issues
Facebook reportedly said that current regulatory restrictions mean it has “no plans” to launch its digital wallet service and crypto in India.
Kakao Claims Its New Blockchain Is 15x Faster than Ethereum
Kakao’s blockchain subsidiary GroundX says its recently launched Klaytn blockchain can mine a block in as little as a second.
North Carolina’s Lt. Governor Launches Blockchain Initiative
North Carolina Lieutenant Governor Dan Forest has launched an initiative to study the “unique attributes and use-cases” of blockchain tech.
Binance Cuts Time Needed for BTC, ETH Deposits and Withdrawals
Binance has just cut the number of block confirmations needed to make withdrawals and deposits in two top cryptocurrencies.
Polish Crypto Exchange Bitmarket Suddenly Shuts Down
Polish cryptocurrency exchange Bitmarket has just shut down without warning, citing “loss of liquidity.”
Facebook Libra Threat Could Spur Work on China’s National Digital Currency: PBoC Official
China’s central bank could hasten development of its digital yuan to counter the threat posed by Facebook’s Libra cryptocurrency, an official says.
KuCoin Launches Bitcoin Derivatives Trading With 20x Leverage
IDG-backed cryptocurrency exchange KuCoin has just launched a crypto derivatives trading platform called KuMEX in public beta.
Korean Watchdog Warns of Financial Stability Risk From Facebook’s Libra
Facebook’s Libra cryptocurrency project threatens the stability of financial systems, according to South Korea’s Financial Services Commission.
Facebook’s Libra Is a ‘Wake-Up Call’ for Regulators, Says ECB Policymaker
Benoit Coeure of the European Central Bank has said projects like Facebook’s Libra require faster action from regulators.
Arrington-backed Crypto Loans Firm to Accept Telegram’s Token as Collateral
Cryptocurrency loans firm Nexo says it will accept the gram ICO token from messaging app giant Telegram as collateral.
Electrum Wallet Is Adding Support for Bitcoin’s Lightning Network
The popular wallet service Electrum is soon to add official support for bitcoin’s lightning network, its founder has told CoinDesk.
Venezuela’s Maduro Orders Top Bank to Make Petro Available to Public
President Maduro has ordered the Bank of Venezuela to open public counters for his controversial cryptocurrency, the petro.
Bank of Japan: Adopting Central Bank Crypto Would Mean Dropping Cash
A Bank of Japan official has ruled out the launch of a central bank digital currency because to do so may require the country to abandon cash.
Dogecoin Price Surges 37% Following Binance Listing Announcement
The price of the popular dogecoin cryptocurrency is surging after the announcement that it will soon be listed on the Binance exchange.