Four U.S. regulators joined an international alliance of government regulators seeking to bolster the future of fintech.
CEO: Coinbase Has Earned $2 Billion in Transaction Fees Since 2012
Coinbase turned a profit since 2017 and has earned $2 billion in transaction-fee revenue since its founding in 2012.
Algorand Wins Sharia Compliance Certificate to Enter $70 Billion Market
A sharia certification could open up the platform to a global network of observant Islamic investors estimated to be worth more than $70 billion.
Telegram Backer Sought Circle Listing Before SEC Halted Token Launch
A backer of Telegram’s blockchain project asked Circle’s Poloniex exchange to list the gram token before the SEC halted issuance, court papers show.
Huobi Plans to Open Fiat Gateway with Lira-Tether Pairing in Turkey
Global crypto exchange Huobi plans to roll out a fiat gateway in Turkey that could increase access to more than 250 cryptocurrencies for local investors.
France’s Le Maire Attacks Facebook’s ‘Political’ Ambitions With Libra
The French finance minister has said Libra is an “unacceptable” challenge to state sovereignty and suggested political motives behind the project.
French Central Banker: The World Needs to Standardize Crypto Regulations
A French central banker is calling for a global regulatory framework on crypto assets.
US Law Enforcement Traces Bitcoin Transfers to Nab ‘Largest’ Child Porn Site
A U.S. federal grand jury indicted a South Korean citizen for operating a child porn site, funded by millions dollars worth of bitcoin.
Ford Test Driving Blockchain for Energy-Efficient Vehicles
Ten vehicles have been outfitted with geofencing and blockchain capabilities to monitor their fuel efficiency in low-emission zones.
Switzerland’s ‘Crypto Valley’ Is Bringing Blockchain to Zurich
The Crypto Valley Association and Zurich Tourism are working to bring blockchain awareness, tourism and business to Zurich.
Coinbase Eyes European Growth After Winning Irish E-Money License
Cryptocurrency exchange Coinbase has been granted an Irish e-money license that will bring it greater access to EU and EEA markets.
Traditional Financial Exchanges Oppose UK Crypto Derivatives Ban for Retail Investors
The World Federation of Exchanges asked the UK’s Financial Conduct Authority not to ban the sale of crypto derivatives to retail investors.
Bank of England Sets Out Rules for Libra Launch in the UK
The central bank has finalized principles the Facebook-led cryptocurrency project must adopt before a U.K. launch.
German Finance Minister Supports Digital Euro, But ‘Very Critical’ of Libra
Speaking on a possible e-euro, minister Olaf Scholz said Germany “should not leave the field to China, Russia, the U.S. or any private providers.”
UK Finance Watchdog’s Crypto Investigations Up By 74% in 2019
The number of investigations into cryptocurrency firms by the U.K.’s Financial Conduct Authority have reportedly seen a sharp rise in the last year.
‘Gold-Backed’ Crypto Token’s Promoter Investigated by Florida Regulators
Karatbars, issuer of a purportedly gold-backed crypto token, is under investigation by Florida regulators over links to a Miami “crypto bank.”
Fed Official Says Digital Central Bank Currency Is ‘Inevitable’
Philadelphia Federal Reserve bank president Patrick Harker said it is “inevitable” for the central banks to start issuing digital currency.
European Competition Watchdog Fears Libra’s ‘Closed Economy’
The European Commissioner for Competition, Margrethe Vestager, is asking tough questions of Libra over its potential closed economy.
Former NiceHash CTO Arrested in Germany Over US Hacking Charges
The U.S. Department of Justice is seeking to extradite the alleged hacker over a sentence he’s already served in Slovenia.
UK Police Auction Off $294,000 in Stolen Crypto From EtherDelta Hack
More than $294,000-worth of cryptocurrency confiscated from the teenage hacker of EtherDelta and TalkTalk has been auctioned off.