A U.S. Department of the Treasury official has urged crypto industry players to jointly fight against fraudulent activity and the misuse of digital currencies. The U.S. Department of the Treasury Under Secretary for Terrorism and Financial Intelligence Sigal Mandelker urged crypto industry players and regulators to prevent the illicit use of cryptocurrencies in a speech […]
Continue Reading
New York state financial regulators have authorized a blockchain-based payments system offered by a local commercial bank. The Department of Financial Services of New York (NYDFS) has authorized a blockchain-based digital platform offered by a local bank, an official NYDFS press release states Dec. 4. NYDFS superintendent Maria T. Vullo announced today that the department […]
Continue Reading
The largest private bank in Brazil, Itau Unibanco, has tested a $100 million loan on a blockchain platform powered by R3. Brazil’s largest private bank has partnered with United Kingdom bank Standard Chartered to create a blockchain-based platform for small loans, according to a press release published by Itau Tuesday, Dec. 4. Itau Unibanco, also […]
Continue Reading
A new, scalable blockchain-type network led by a Turing Award recipient and other academics has sealed $35 million in funding. A new blockchain-type network led by a Turing Award recipient and other academics has sealed $35 million in funding from big-name investors that include Sequoia Capital. The funding was reported by Fortune’s crypto-focused news section […]
Continue Reading
The U.S. SEC’s move to fine celebrities for fraudulent ICO advertising tells a cautionary tale to investors and would-be advertisers. Like many different industries, Hollywood’s involvement with cryptocurrencies and Initial Coin Offerings (ICO) has become a reality and a number of celebrities have looked to capitalize on the surge in interest and potential money to […]
Continue Reading
The South Korean Financial Supervisory Service has asked two major domestic banks to supplement their currency-related business procedures. A South Korean financial authority has warned two major domestic banks about their lack of management of cryptocurrency transactions and anti-money laundering (AML) regulation, local online media outlet The Daily reports Dec. 4. The Financial Supervisory Service […]
Continue Reading
The world’s second largest stock exchange Nasdaq has confirmed it plans to launch Bitcoin futures in the first half of 2019. The world’s second largest stock exchange Nasdaq has confirmed it plans to launch Bitcoin futures in the first half of 2019, U.K. daily tabloid the Express reported Monday, Dec. 3. As reported, two insider […]
Continue Reading
The CEO of Japanese fintech firm and crypto exchange operator Quoine believes Bitcoin will “surpass” its all-time price highs by the end of 2019. The CEO of Japanese fintech firm and crypto exchange operator Quoine has said he believes Bitcoin (BTC) will “surpass” its all-time price highs by the end of 2019, during an interview […]
Continue Reading
Want to remove some of the volatility from your investments? Here’s a look at some of the traditional financial instruments making waves in the crypto world. The crypto market has been brutalizing of late – but many traders don’t realize that there is a plethora of financial instruments out there. Each offer investors a new […]
Continue Reading
sponsored A company is creating a network of self-service kiosks driven by blockchain, where consumers can pay bills, book airline tickets and make purchases. A blockchain-based company has unveiled plans to roll out a global network of self-service kiosks — enabling millions of unbanked people around the world to pay bills, make purchases and access […]
Continue Reading