Mike Bloomberg, a presidential hopeful and one of the richest men in the world, recognizes cryptocurrency as an “asset class”. Former New York mayor and present-day Presidential candidate Mike Bloomberg seems to be snuggling up to the crypto community. In a proposal for financial reform released Feb. 18, the Democratic candidate not only wrote about […]
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Payment system ePayments has been halted by the FCA for about a week now, and all accounts remain suspended. Does crypto have anything to do with it? On Feb. 11, ePayments Systems Ltd, a United Kingdom-regulated electronic money institution, suspended all online payment activity at the request of the Financial Conduct Authority, the local regulator. […]
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Blocknox will expand its cryptocurrency custody service to institutional clients, including banks and fintech firms. Blocknox, a subsidiary of Boerse Stuttgart Digital Ventures GmbH that has provided cryptocurrency custody service on an escrow basis, is looking to expand the service to its institutional clients. Boerse Stuttgart revealed the plans in a Feb. 18 tweet, detailing […]
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The Bank of Korea has started a project on building a blockchain-based bond system to enable distribution of bond records. Global central banks are increasingly looking at blockchain technology as a tool to make interbanking processes more efficient and transparent. Following the World Bank’s exemplary experience of blockchain bond transactions, South Korea’s central bank is […]
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International Telegram Open Network contributors have submitted a brief to court that criticizes U.S. regulators’ line of attack against the project. A group of international Telegram Open Network (TON) contributors have submitted a court document criticizing United States regulators’ line of attack against the project. The group has formed a non-profit association, “The TON Community […]
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Crypto exchanges based in Brazil face huge fines or being shut down. Legislators in Brazil have gotten support to regulate the crypto market following allegations of fraud at Atlas Quantum, Zero10, and Trader Group last year, and February saw some of the results of those actions. Bitcoin.com has reported that two major cryptocurrency exchanges based […]
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It used to be the Russian government; these days, it’s the United States SEC. 2019 was one hell of a year for Pavel Durov. The serial entrepreneur announced and made moves to release the Telegram Open Network, or TON — the blockchain associated with his Telegram messaging app. The idea of TON is to allow […]
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Blockstack’s claim of having one million verified users has been questioned extensively, which prompted Cointelegraph to investigate its blockchain data. Blockstack PBC announced on Jan. 29 the completion of its “Milestone II” that unlocked $6.8 million from its 2017 initial coin offering. The project claims to have on-boarded one million verified users, an achievement that […]
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Nancy Sumption joins SEC Chairman Jay Clayton as his Senior Advisor for Cybersecurity Policy. After naming Kristina Littman as Chief of the Division of Enforcement’s Cyber Unit in December, the United States Securities and Exchange Commission has introduced more fresh blood to its ranks. On Feb. 13, Nancy Sumption was announced as the successor to […]
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The Depository Trust & Clearing Corporation, a global financial market infrastructure giant, says traditional IT security frameworks must be updated to tackle the blockchain. The Depository Trust & Clearing Corporation (DTCC), a global financial market infrastructure giant, says traditional IT security frameworks must be updated to tackle the blockchain. An official press release on Feb. […]
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