FINRA Approves Grayscale’s Public Quote for Crypto Fund Shares

Digital asset management fund Grayscale has received FINRA approval to publicly quote its diversified crypto fund GDLCF. New York-based digital asset management fund Grayscale Investments has received regulatory approval to publicly quote the shares of its diversified cryptocurrency fund. First publicly-quoted diversified crypto fund Grayscale was approved by the United States Financial Industry Regulatory Authority […]

Continue Reading

Booking Holdings Leaves Facebook’s Libra Association

Leading online travel company Booking Holdings has ditched the Libra Association, a non-profit Facebook established to pursue the promotion of its Libra stablecoin. Leading online travel company Booking Holdings has ditched the Libra Association, the governing consortium of Facebook’s proposed Libra stablecoin. Booking Holdings has thus become the latest in an array of companies that […]

Continue Reading

US Treasury Secretary Says Firms Left Libra Due to Compliance Issues

U.S. Treasury Secretary Mnuchin said that firms are abandoning Libra due to its current inability to meet Anti-Money Laundering standards. United States Treasury Secretary Steven Mnuchin has attributed the recent spate of firms abandoning Facebook’s Libra stablecoin project to regulatory concerns. On CNBC’s Squawk Box on Oct. 14, Mnuchin stated that companies are abandoning the […]

Continue Reading

LiquidApps Releases Horizontal Blockchain Scaling Solution

LiquidApps has introduced a new blockchain scalability solution that can increase the decentralized processing power and capacity available to DApps developers. Blockchain development firm LiquidApps has introduced a new blockchain scalability solution for decentralized application (DApps) developers. The new service called vCPU aims to scale blockchain processing power horizontally, which provides more computing power per […]

Continue Reading