U.S. Crypto Exchange Approved as Wyoming Bank, MSB Regulations to be Simplified - This week Kraken, a major U.S. cryptocurrency exchange, announced that it has received approval from the State of Wyoming to form a Special...more
CBDC Testing Platform Launches, Crypto Adoption and Bitcoin Payment Options Grow - According to a recent press release, a major U.S. financial services firm has launched a “custom testing platform” that “allows central banks...more
IRS Addresses Taxing Crypto Received in Microtasks, Swiss Enable Crypto Payments - Late last week, the U.S. Internal Revenue Service (IRS) released a memorandum on the topic “Taxation of Virtual Currency Received in the...more
Blockchain Used in IPO and ATS, Bitcoin Fund Announced, APAC Trade Data Published - According to reports, this week a Gibraltar-based cryptocurrency exchange, INX Ltd., has announced that the U.S. Securities and Exchange...more
8/28/2020
/ Bitcoin ,
Blockchain ,
CFTC ,
Cryptocurrency ,
Digital Currency ,
Fraud ,
Initial Public Offering (IPO) ,
Popular ,
Quorum ,
Ransomware ,
Stablecoins ,
Virtual Currency
Federal Reserve Addresses CBDCs Amid Crypto Initiatives by US and Foreign Firms - Late last week, Lael Brainard, a member of the Board of Governors of the U.S. Federal Reserve System, gave a speech in which she commented on...more
Reports Detail New Plans for Crypto Custody Services, Payment Cards and ATS Platforms - According to recent reports, a major multinational financial services firm is taking steps toward launching a cryptocurrency custody...more
On July 9, the Appellate Division of the Supreme Court of New York, First Department (First Department) issued a significant decision in James v. iFinex that confirmed the broad authority of the New York State Attorney...more
Seafood Association, Restaurant Chain Announce Blockchain Supply Chain Partnerships - This week, a major global technology firm and the Norwegian Seafood Association announced a new collaboration using the Food Trust...more
Blockchain Solutions Launch in Pharma, Energy and Food Industries - According to reports, the Chinese branch of one of the largest pharmaceutical companies in the world recently announced that it will work with VeChain to...more
U.S. Crypto Trading Firms Make Acquisitions Targeted at “Prime Brokerage” Services - This week major U.S. cryptocurrency exchange Coinbase announced plans to acquire Tagomi, a U.S.-based prime brokerage platform focused on...more
Payments Evolve: USD Stablecoin Accounts for Latin America and Crypto Debit Cards - Last week, crypto startup Ledn announced the launch of a USDC savings account that will focus on Latin America....more
Bitcoin Fund Completes Offering, Ether Futures Launch, Crypto Funds Report Published - We previously reported that a Toronto-based investment manager was launching a Bitcoin Fund, and it has now completed a $48 million...more
Overview of the Telegram Case -
Telegram, a global messaging platform, was founded by Russian brothers Nikolai and Pavel Durov in 2013....more
Blockchain Enterprise Applications Continue to Emerge Across Industries -
A press release late last week announced that blockchain startup SIMBA Chain has been awarded a five-year, $9.5 million contract with the U.S. Navy...more
Solutions Debut for Wine, Farming Data, Media Authenticity and Credentialing -
A multinational closures company has announced what it describes as the first European winery that tracks wine products using “connected...more
Shipping Firms, DHS and Wine Merchants Participate in Blockchain Pilots -
Earlier this week, one of the United States’ largest multinational package delivery and supply chain management firms reportedly made the first...more
Crypto and Blockchain Capital Markets News From UNICEF, Europe and Hong Kong -
On Wednesday, the United Nations Children’s Fund (UNICEF) announced its launch of a newly established cryptocurrency fund, making it the first UN...more
On Oct. 9, the Internal Revenue Service (IRS) issued additional guidance regarding the taxation of cryptocurrency. The guidance comes more than five years after the IRS issued Notice 2014-21, the first and, until now, only...more
Blockchain Developments in Interbank Settlement, Capital Markets, Cryptocurrency Payments -
According to reports this week, a major German bank has joined the emerging payments initiative, built on the Quorum blockchain, of...more
Blockchain Clearing, Settlement, Custody and Capital Markets Developments -
This week, R3 and a major multinational financial services company announced a partnership to develop and pilot a cross-border payments solution...more
Multiple ICO Enforcement Actions by SEC and State Regulators -
This week the U.S. Securities and Exchange Commission (SEC) announced that it has settled charges against SimplyVital Health Inc. related to an initial coin...more
CFTC Approves Bitcoin DCM, New Bitcoin ETF Proposed, Crypto IRA and Blockchain Depository Receipts Introduced -
The Commodity Futures Trading Commission (CFTC) has announced approval of LedgerX’s registration as a designated...more
New Developments and Research on Crypto-Asset Market Activities -
According to data from Bitcoinity, in May 2019, bitcoin trading volume on Coinbase, one of the largest cryptocurrency exchanges in the U.S., reached a...more
Stablecoin Activity Heats Up, Bitcoin’s Speculation Problem and Other Payments News -
Despite the increase in major companies opening up payment options in bitcoin, research from Chainalysis shows that only 1.3% of bitcoin...more
6/10/2019
/ Bitcoin ,
Blockchain ,
Cryptocurrency ,
Cyber Attacks ,
Digital Currency ,
Hackers ,
Initial Coin Offering (ICOs) ,
Malware ,
Popular ,
Securities and Exchange Commission (SEC) ,
Supply Chain ,
Virtual Currency
Industry Initiatives Indicate Growing Interest in Cryptocurrency Payments -
Late last week, Reuters reported that “[s]everal of the world’s largest banks are in the process of investing around $50 million” to create “… a...more