Fidelity Digital Asset Services is rolling out its custody and trading platform to all qualified clients, after initially expecting it to launch in March.
Fed Governor Brainard Identifies Libra Threat, Says Regulatory Hurdles Abound
Federal Reserve governor Lael Brainard delivered a sharp critique of Libra, which would need to resolve many regulatory hurdles before going live.
Top Fed Official Says US Central Bank ‘Actively’ Debating Digital Dollar
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
Two former ranking members of the CFTC offered up a plan for a government-sanctioned, blockchain-based digital dollar.
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.
UK Startup Takes Billion-Dollar Tokenization Plan Stateside
Smartlands, a UK tokenization firm, is betting on a billion-dollar security token crowdfunding model with a new broker-dealer partnership in the U.S.
CME Says Bitcoin Futures Gaining Interest From Big Investors
The CME touts the success of its bitcoin futures contract, as the battle for institutional investors heats up thanks to competition from Bakkt.
SEC Draws on Investor Communications to Halt Telegram Token Launch
To justify halting the launch of Telegram’s blockchain project, the Securities and Exchange Commission relied heavily on communications obtained from investors.
Identity Thief Spends $5 Million on Cloud Computing to Mine Cryptocurrency
Singaporean citizen Ho Jun Jia has been indicted for stealing over $5 million worth of cloud computing services to mine cryptocurrencies.
Facebook’s Calibra Sued By Mobile Banking App Over Similar Logos
The complaint alleges the Calibra logo is too similar to Current’s, which the fintech firm has been using since August 2016.
TRON, Stellar Join Mousebelt’s Blockchain Education Alliance to Train Student Developers
The 13 firm alliance will tackle crypto recruiters’ perennial high-demand-and-low-supply job quandary with a raft of tools to train students.
US Lawmakers Call on Payment Giants to Exit ‘Chilling’ Libra Project
Senators Brian Schatz and Sherrod Brown have called on Visa, Stripe, and MasterCard to reconsider their membership of the Libra Association.
QuadrigaCX Founder’s Widow Will Cough Up $9 Million to Repay Users
Bankruptcy trustee EY and the widow of QuadrigaCX founder Gerald Cotten have come to a settlement – with affected users of the defunct exchange getting a $9 million payout.
New York’s Financial Watchdog Is Hiring Another Crypto Superintendent
The specialized crypto unit of the New York Department of Financial Services is beefing up its staff with another hire.
US House Committee Pressuring Zuckerberg to Testify on Libra: Report
Facebook CEO Mark Zuckerberg is facing pressure to testify before U.S. lawmakers on the firm’s cryptocurrency project Libra.
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.
Ohio Treasurer Suspends Predecessor’s Bitcoin Tax Payment Service
A website launched last year by the U.S. state of Ohio allowing businesses to pay a range of taxes with bitcoin has been taken offline.
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.
Congressional Challenger to House Speaker Pelosi Is Fundraising in Crypto
Democratic blockchain and crypto enthusiast Agatha Bacelar is challenging House Speaker Pelosi on a tech-focused platform.
Longfin Must Pay $6.8 Million After Court Backs SEC Fraud Complaint
A New York court has backed charges brought by the SEC that the fintech firm committed fraud relating to its public offering and Nasdaq listing.