SEC’s Senior Advisor for Digital Assets Valerie Szczepanik: Stablecoins May Be Securities

The senior advisor for digital assets at the U.S. SEC reportedly noted that stablecoins could raise issues under securities laws. Senior advisor for digital assets at the United States Securities and Exchanges Commission (SEC) Valerie Szczepanik reportedly noted that stablecoins could experience issues under current securities laws. Blockchain-related news website Decrypt reported her comments on […]

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IBM Hints at Stablecoin Cross-Border Payments Solution for Financial Institutions

IBM’s Jesse Lund, has hinted that bank-targeted stablecoins will be a major forthcoming development for IBM’s blockchain-powered cross-border payments solution. The head of blockchain solutions for IBM, Jesse Lund, has hinted that bank-targeted stablecoins will be a major forthcoming development for the tech giant’s blockchain-powered cross-border payments solution. Lund made his remarks during an interview […]

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Digital Currency Group, Polychain Back UK Crypto Futures Exchange Coinflex

Physically delivered crypto futures exchange Coinflex has attracted two new key investors, Digital Currency Group and Polychain Capital. Physically delivered crypto futures exchange Coinflex has attracted two more high-profile crypto investors, Digital Currency Group and Polychain Capital, the exchange tweeted on March 12. The new investors have joined Coinflex’s investor consortium, which includes major market […]

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Paxos’ Precious Metal-Backed Cryptocurrency to Launch This Year, CEO Says

Chad Cascarilla, CEO of blockchain trust company Paxos, has revealed that the company’s gold-backed cryptocurrency will be launched in 2019. Blockchain trust company Paxos’ digital token backed by precious metals will be launched “definitely this year,” said Paxos CEO, Chad Cascarilla in an interview with Fortune’s Balancing the Ledger on March 11. During the interview, […]

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Barclays Analyst Predicts Billions in Additional Revenue From ‘Facebook Coin’ by 2021

A Barclays analyst stated that a possible “Facebook Coin” could generate $19 billion in additional revenue by 2021. Facebook’s own cryptocurrency, if launched, could potentially generate $19 billion in additional revenue by 2021, CNBC reports on March 11. Barclays internet analyst Ross Sandler wrote in a client note that a cryptocurrency could establish a new […]

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Investment Firm Invesco Launches Blockchain ETF on London Stock Exchange

United States-based investment management company Invesco is launching a exchange-traded fund on the London Stock Exchange. United States-based investment management company Invesco is launching a blockchain exchange-traded fund (ETF) on the London Stock Exchange (LSEG) today, March 11, financial newspaper Financial Times reports on March 9. Per the article, the Invesco Elwood Global Blockchain ETF […]

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