Crypto News From Brazil: Sept. 9–15 in Review

Cointelegraph Brasil presents a weekly digest of selected cryptocurrency- and blockchain-related news. Brazil has seen another tumultuous week in the cryptocurrency industry. Several courts are going after crypto companies accused of being pyramid schemes, the country’s Securities and Exchange Commission (CVM) stated that crypto exchanges need authorization from local authorities, while a former Brazilan soccer […]

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Founder of Payments Network Zelle Joins Stellar-Focused Startup as CEO

Mike Kennedy, founder of digital payments network Zelle, joins Stellar-focused crypto development company Interstellar as its new CEO. Stellar-focused (XLM) crypto development company Interstellar appointed the founder of digital payments network Zelle Mike Kennedy as its new CEO. On Sept. 12, the company announced the appointment in a Medium blog post. Stellar as an international […]

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Coinbase Considering Initial Exchange Offering Platform: Report

U.S.-based cryptocurrency exchange Coinbase has indicated it is considering the launch of a proprietary exchange token and a potential IEO platform. United States-based cryptocurrency exchange Coinbase has indicated it is considering the launch of an initial exchange offering (IEO) platform. The news was revealed by Coinbase’s head of institutional sales in Asia, Kayvon Pirestani during […]

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3 Key Takeaways From Switzerland’s New Stablecoin Guidelines

Switzerland’s financial watchdog has published stablecoin guidelines as well as an overview of its approach to Facebook’s proposed Libra payments network. Switzerland’s Financial Market Supervisory Authority (FINMA) has published a stablecoin-focused supplement to its existing guidelines for initial coin offerings (ICOs). In a news release published on Sept. 11, FINMA takes note of the steadily […]

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