The New York Department of Financial Services has denied Bittrex’s application for a BitLicense. The New York Department of Financial Services (NYDFS) has denied a BitLicense application from the Bittrex cryptocurrency exchange on April 10. In a letter to Bittrex CEO Bill Shihara, NYDFS explained that the exchange had inadequate policies and controls regarding Anti-Money […]
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The new U.S. bill from Rep. Darren Soto offers to allocate $25 million to the FTC from 2020 to 2024 to prevent crypto crimes. The so-called Digital Taxonomy Act of 2019, which United States legislators introduced yesterday, April 9, offers to allocate the Federal Trade Commission (FTC) $25 million annually to prevent crypto-related crime. The […]
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Ethereum is most likely not a security under U.S. laws, but a statement by the SEC chairman did not confirm it. Ethereum is most likely not a security under existing United States laws, as previously said by U.S. Securities and Exchange Commission (SEC) Division of Corporate Finance head William Hinman. “Based on my understanding of […]
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A recently published report from former CFTC chairman Timothy Massad has called for better regulations on crypto assets. A recent report published for the Brookings Institution is calling for enhanced regulations on cryptocurrencies. The report was authored by Harvard University fellow Timothy Massad, who served as chairman of the United States Commodity Futures Trading Commission […]
Continue ReadingLobbying on blockchain and crypto has reportedly grown on K Street, having tripled over the past year. The number of lobbies working on blockchain technology issues in Washington D.C. tripled in 2018, politics-oriented news outlet Politico reported on March 18. The number of entities lobbying on digital currencies and blockchain reportedly grew almost thrice in […]
Continue ReadingThe Minority Leader in the U.S. House of Representatives Kevin McCarthy believes blockchain will make the Congress more efficient and transparent. Rep. Kevin McCarthy, the current Republican Minority Leader in the United States House of Representatives, said on Tuesday, March 12, that blockchain can make the U.S. Congress a more efficient and transparent place. Speaking […]
Continue ReadingU.S. startup VaultTel LLC introduces a crypto hardware wallet that combines a mobile app and a chip designed to fit in a SIM card tray. United States startup VaultTel has introduced a hardware cryptocurrency wallet designed to fit in a mobile phone SIM card tray, a press release from the company reveals on March 6. […]
Continue ReadingFacebook is getting serious about crypto, Samsung’s new smartphone will support more cryptos, and more in this Hodler’s Digest. Top Stories This Week Nasdaq Begins Listing Brave New Coin’s Bitcoin and Ethereum Price Indexes Nasdaq, the world’s second-largest stock exchange, began its live listing of two crypto price indexes from United States blockchain and crypto […]
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Istanbul-based telecom company Turkcell has announced a blockchain-powered solution for user identity management. Istanbul-based telecommunication services provider Turkcell has introduced a blockchain-based service for ID management, news outlet Daily Sabah reported on Feb. 26. Turkcell reportedly announced its new blockchain product at the technology fair Mobile World Congress (MWC) 2019 on Feb. 25. The ID […]
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The new Galaxy S10 smartphone by South Korean tech giant Samsung will feature support for Ethereum and Bitcoin. The new Galaxy S10 series smartphones by South Korean tech giant Samsung will apparently have wallet functions for Ethereum (ETH), Bitcoin (BTC) and two other tokens. A Samsung official spoke about the phone’s new features at the […]
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