Head of Swiss financial supervisor FINMA Mark Branson says that he is more concerned with the dark corners of crypto than he is with Libra. Mark Branson, head of Swiss financial supervisor FINMA, said that he is more concerned with the dark corners of cryptocurrency than he is with Facebook’s stablecoin Libra. Switzerland will not […]
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After serving over 25 years at two of the world’s largest financial institutions, Howard Surloff joins Blockchain.com as general counsel. BlackRock and Goldman Sachs veteran Howard Surloff has joined major crypto wallet provider Blockchain.com as general counsel. Over 25 years in traditional finance After serving over 25 years the two of the world’s largest and […]
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Facebook CEO Mark Zuckerberg outlined the firm’s approach to regulators regarding Libra in newly leaked audio from an internal Q&A session held in July. Newly leaked audio from Q&A sessions between Facebook’s CEO and employees revealed Facebook’s early strategy for Libra launch. One month after releasing Libra’s white paper On Oct. 1, tech news agency […]
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Digital asset investement firm KR1’s portfolio surged in value in H1 2019, with the company attributing its $5.6 million profit to the launch of Cosmos network. European digital asset investment firm KR1 posted a $5.6 million profit for the half year ending on June 30, 2019, mainly due to the launch of Cosmos network. High […]
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Bitcoin moves steadily further from the $8,000 price mark, while other crypto assets are experiencing moderate gains and losses. Tuesday, Oct. 1 — After signs of recovery in recent days, the leading crypto Bitcoin (BTC) has maintained its price above the $8,000 mark. However the top-20 coins chart on Coin360 is showing mixed signals today, […]
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Global wash trading on crypto markets was down by over 35% in September, according to the latest surveillance report from the Blockchain Transparency Institute. Global wash trading on cryptocurrency markets was down by over 35% in September, according to the latest surveillance report from the Blockchain Transparency Institute (BTI). Kraken, Poloniex, Coinbase and Upbit are […]
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Shipping startup 300cubits burns its tokens while suspending its blockchain operations due to low transaction volume. Blockchain shipping startup 300cubits suspended the operations of its booking module and the circulation of its TEU token. As industry news outlet The Maritime Executive reported Sept. 30, Hong Kong-based 300cubits is believed to be one of the first […]
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When asked by th U.S. Fed about Libra, some of the nation’s biggest banks say Facebook’s token will reduce their payment volumes. Facebook’s crypto project Libra will potentially create a “shadow banking” system, according to the banks at the Federal Advisory Council (FAC). U.S. banks fear Libra will reduce payment volumes After the United States […]
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Major cryptocurrency exchange Binance’s latest research supports the theory that the launch of institutional trading platform Bakkt partly caused Bitcoin to drop 20%. Major cryptocurrency exchange Binance’s newest research supports the theory that the launch of institutional trading platform Bakkt partly caused Bitcoin to drop 20%. In the latest edition of its markets overview, Binance […]
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Japan STO Association launches on Oct. 1, includes Nomura Securities, Rakuten Securities, SBI Securities, Monex and others. Six major Japanese brokerage firms such as SBI Securities and Rakuten Securities officially established Japan Security Token Offering (STO) Association. The four other members of the new association include Nomura Securities, Daiwa Securities, Kabu.com Securities and Japan’s financial […]
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