New York Denies Bittrex BitLicense Application Citing Inadequate Compliance

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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British Royal, US Ambassador Say Tech, Blockchain Can Help Fight Human Trafficking

Dignitaries and experts at a conference in Vienna noted the potential of new tech like blockchain in fighting human trafficking. Princess Eugenie of the United Kingdom and United States anti-human trafficking Ambassador John Richmond recently spoke in favor of using new technology like phone apps and blockchain to address human trafficking, Reuters reports on April […]

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LocalBitcoins Announces Supervision by Financial Supervisory Authority of Finland

Finnish Parliament approved new legislation that will provide a legal status for cryptocurrency assets on March 13, 2019. International peer-to-peer (P2P) crypto exchange LocalBitcoins will soon become supervised by the Financial Supervisory Authority of Finland, as the firm announced on its blog on March 25. Helsinki-based LocalBitcoins wrote that the Finnish Parliament approved new legislation […]

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Leading Social Platform eToro Acquires Smart Contract Development Company Firmo

Exchange and social network for investors and traders eToro announced that it has acquired smart contracts development company Firmo. Exchange and social network for investors and traders eToro announced that it has acquired smart contracts development company Firmo for an undisclosed amount. The acquisition was reported in a press release published on March 25. Co-founder and CEO […]

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Sirin Labs Partners With MyEtherWallet to Enhance Outreach of Blockchain Smartphone

The integration will see improved accessibility for users of Sirin’s Finney smartphone, with MEW becoming a featured wallet interface. Swiss developer Sirin Labs will integrate popular cryptocurrency interface MyEtherWallet (MEW) in its Finney blockchain smartphone, the company confirmed on social media on March 21. Sirin, which released Finney late last year, will now allow MEW […]

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Most Respondents File Negative Comments for SEC’s Review of VanEck/SolidX Bitcoin ETF

Multiple respondents have filed comments with the U.S. SEC on the latest proposed rule change for the VanEck/SolidX Bitcoin ETF. Multiple respondents have filed comments with the United States Securities and Exchange Commission (SEC) on the latest proposed rule change for the VanEck/SolidX Bitcoin (BTC) exchange-traded fund (ETF). Comments to date were submitted between Feb. […]

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