Imported Archives - Page 1394 of 1815

FinCEN Clarifies Money Transmission Regulations Pertaining to DApps

May 9, 2019cashtechnews

The United States Financial Crimes Enforcement Network (FinCEN) has issued a new guide that contains its financial regulation policies concerning Decentralized Applications. The United States Financial Crimes Enforcement Network (FinCEN) has issued new guidance that contains its financial regulation policies concerning Decentralized Applications (DApps) on May 9. In the introduction to the guide, FinCEN notes […]

PayPal CFO Says Firm Not Interested in Crypto Sector Right Now

May 9, 2019cashtechnews

PayPal CFO John Rainey said that the firm is not interested in getting involved in the cryptocurrency sector at the moment. The chief financial officer (CFO) of major payment system PayPal said that the firm is hesitant about getting involved in the cryptocurrency sector in an interview with Yahoo Finance on May 7. Speaking about […]

Overstock’s Blockchain Arm Receives $5 Mln From Chinese Firm Following Delays

May 9, 2019cashtechnews

Ovestock’s blockchain subsidiary tZero has secured a $5 million investment from Chinese investment firm GSR Capital. Overstock’s blockchain subsidiary tZero has finally secured a $5 million investment from Chinese investment firm GSR Capital, Overstock announced on its latest earnings conference call on May 9. Following an investment in cash and marketable securities, Overstock evaluated tZero’s […]

ECB President Mario Draghi: Cryptos Are Not Currencies, They Are Very Risky Assets

May 9, 2019cashtechnews

European Central Bank president Mario Draghi said that cryptocurrencies are not real currencies. European Central Bank (ECB) president Mario Draghi said that cryptocurrencies are not real currencies during the ECB Youth Dialogue meeting with the winners of the Generation €uro Students’ Award, as Cointelegraph Italia reported on May 9. During the meeting, Draghi answered a […]

Swiss Post Partners With Blockchain Startup on Temperature Monitoring Shipments Solution

May 9, 2019cashtechnews

Switzerland’s national postal service Swiss Post has cooperated with blockchain firm Modum. Switzerland’s national postal service Swiss Post has cooperated with blockchain firm Modum to further develop a temperature monitoring solution for shipments. The news was reported by Swiss logistics news site Die Post on May 7. Die Post reports that Swiss Post has cooperated […]

Overstock’s Revenue Decreases 17% in Q1 2019 From Q1 2018 Due to Decline in Sales

May 9, 2019cashtechnews

Overstock’s total net revenue reportedly decreased from $445 million in Q1 2018 to $367 million in Q1 2019. Online retail giant and major crypto industry disruptor Overstock.com has seen a 17% decrease in revenue in Q1 2019 from Q1 2018, the firm’s CEO Patrick Byrne revealed in the latest quarterly report released on May 9. […]

Liechtenstein’s Government Passes New Regulation Concerning Blockchain and Tokens

May 9, 2019cashtechnews

The government of Liechtenstein announced that it has passed new token, virtual asset service provider and blockchain regulation. The government of Liechtenstein announced that it has passed new tokenization, virtual asset service provider and blockchain regulation in a press release published on May 8. Per the release, the new Token and VT Service Providers Act, […]

BitGo Hires Wall Street High-Frequency Trader as Head of Financial Services

May 9, 2019cashtechnews

Blockchain security and cryptocurrency custody firm BitGo has appointed a Wall Street high-frequency trader as its head of financial services. Blockchain security and cryptocurrency custody firm BitGo has appointed a veteran Wall Street trader as its head of financial services, according to a press release published on May 9. The new hire, Nick Carmi, joins […]

Galaxy Digital CEO Michael Novogratz: Bitcoin Should Cross $20,000 Within 18 Months

May 9, 2019cashtechnews

Galaxy Digital CEO Michael Novogratz said that he expects bitcoin (BTC) to beat its all-time-high price within 18 months. Galaxy Digital CEO Michael Novogratz said that he expects bitcoin (BTC) to beat its all-time-high price within 18 months. Novogratz made his remarks during an interview with mainstream media CNN published on May 9. During the […]

JPMorgan Overhauls Quroum’s Privacy Architecture With Help From Microsoft

May 9, 2019cashtechnews

United States megabank JPMorgan Chase has reportedly rehauled the privacy layer of its blockchain platform Quorum. JPMorgan Chase (JPM) — the United States’ largest bank with over $2.62 trillion in assets — has reportedly rehauled the infrastructure of its blockchain platform Quorum with the help of Microsoft. The development was reported by crypto media outlet […]

Category: Imported

FinCEN Clarifies Money Transmission Regulations Pertaining to DApps

PayPal CFO Says Firm Not Interested in Crypto Sector Right Now

Overstock’s Blockchain Arm Receives $5 Mln From Chinese Firm Following Delays

ECB President Mario Draghi: Cryptos Are Not Currencies, They Are Very Risky Assets

Swiss Post Partners With Blockchain Startup on Temperature Monitoring Shipments Solution

Overstock’s Revenue Decreases 17% in Q1 2019 From Q1 2018 Due to Decline in Sales

Liechtenstein’s Government Passes New Regulation Concerning Blockchain and Tokens

BitGo Hires Wall Street High-Frequency Trader as Head of Financial Services

Galaxy Digital CEO Michael Novogratz: Bitcoin Should Cross $20,000 Within 18 Months

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