US Stablecoin Issuers Publish New Details on US Dollar Reserves - This week, Circle, the issuer of USDC – a cryptocurrency “stablecoin” with each unit backed 1:1 by U.S. dollars – published its latest reserve attestation...more
USDC Expands to 10 New Blockchains, Crypto Payment Initiatives Launch - The Centre Consortium recently announced that USDC, a stablecoin that is backed 1:1 by U.S. dollars, will soon be added to 10 additional blockchain...more
7/12/2021
/ Bitcoin ,
Blockchain ,
Cryptocurrency ,
Digital Assets ,
Digital Currency ,
Enforcement Actions ,
Financial Markets ,
Non-Fungible Tokens (NFTs) ,
Popular ,
Stablecoins ,
Virtual Currency
NFT Initiatives Continue, Cryptocurrency Advertising Restrictions Ease - In New Dehli, a blockchain-powered platform is hosting an exhibition displaying 27 art pieces by Bengal-born artist Lalu Prasad Shaw. According to a...more
Bank Offers Ether-Backed Loans, Auction and Property Sales Accept Crypto - Digital asset bank Anchorage recently announced that its institutional clients will now be able to obtain Ethereum-backed loans through the bank’s...more
BD-ATS to Issue Blockchain Securities, Crypto Hedge Fund Report Published - Blockchain-based trading platform tZERO recently announced an agreement with an energy projects funding platform to digitize approximately $25...more
Crypto Adoption Continues in Credit Cards, OCC Approval, Restaurant Paymentsc - According to recent reports, a major U.S. financial services firm and Gemini, one of the largest U.S. cryptocurrency exchanges, will soon launch...more
Companies Enable Crypto Payments, Reports Address Market Developments - A major U.S. fintech and payments company recently announced that it has begun allowing its customers to buy, sell and hold cryptocurrency directly...more
NFTs Make Headlines, Global Payments Firm Launches Cryptocurrency Unit - Nonfungible tokens (NFTs) rule the blockchain world this week, with numerous high-profile campaigns making headlines. Digital artist Beeple sold a JPG...more
Crypto Firms Launch New Services, MIT Seeks to Improve Bitcoin Codebase - A San Francisco-based cryptocurrency custody firm successfully completed an $80 million funding round, following its recent procurement of a federal...more
3/8/2021
/ Banking Sector ,
Bitcoin ,
Blockchain ,
Cryptocurrency ,
Cyber Attacks ,
Digital Assets ,
Digital Currency ,
Hackers ,
Investment ,
Popular ,
Securities and Exchange Commission (SEC) ,
Virtual Currency
Bahamas CBDC Integrates with Prepaid Card, Bitcoin Donation Data Published - A major U.S. financial services firm recently announced a collaboration with the Central Bank of The Bahamas to launch a new prepaid card to...more
NY DFS Approves New Stablecoin Company, Crypto Financial Products Continue Growth - New York’s Department of Financial Services (DFS) recently granted a charter under New York Banking Law to a Japanese cryptocurrency firm...more
1/11/2021
/ Bitcoin ,
Blockchain ,
Cryptocurrency ,
Digital Assets ,
Digital Currency ,
Enforcement Actions ,
Financial Products ,
FinCEN ,
Fraud ,
NYDFS ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Stablecoins ,
Virtual Currency
Canadian Ether Fund Launches, Swiss Bank Tokenizes Shares, New German Law Passed - Earlier this month, 3iQ Corp., a Toronto-based investment management firm, announced the listing of its fund, The Ether Fund (the Fund), on...more
12/22/2020
/ Asset Management ,
Blockchain ,
Canada ,
Cryptocurrency ,
Digital Currency ,
Estonia ,
Financial Conduct Authority (FCA) ,
Popular ,
Royalties ,
UK ,
Virtual Currency
Credit Card Company To Integrate USDC Payments, 401(k) Advisor Integrates Bitcoin - A major U.S. credit card company has announced plans to link its global payments network of over 60 million merchants to a cryptocurrency...more
12/7/2020
/ 401k ,
Bitcoin ,
Blockchain ,
Credit Cards ,
Cryptocurrency ,
Digital Assets ,
Digital Currency ,
FinHub ,
Initial Public Offering (IPO) ,
Popular ,
Securities and Exchange Commission (SEC) ,
Virtual Currency
New Crypto Payment Services Launch, Bitcoin ATM Firm Asserts Patent Rights - Late last week, BitPay, a major cryptocurrency payment provider, announced the introduction of BitPay Send, a new mass payout service that enables...more
US Crypto Debit Card Launches, Cayman VASP Regs Announced, INX to List in Canada - Paxful, a peer-to-peer marketplace, and BlockCard, a cryptocurrency fintech platform, recently announced the launch of a crypto debit card...more
US Bank and Trust Companies Move Forward with Cryptocurrency Services - This week Avanti Bank & Trust was granted a bank charter from the Wyoming State Banking Board. ...more
Major U.S. Payments Firm Launches Cryptocurrency Service as Adoption Grows - This week a major U.S. Internet payments firm announced the launch of “a new service enabling its customers to buy, hold and sell cryptocurrency...more
Fintech Firm Brings $50 Million BTC on to Balance Sheet, Major CBDC Report Published - Late last week, a major U.S. fintech and payments firm published a “Bitcoin Investment Whitepaper” and announced that it purchased $50...more
The Bitcoin Network is the world’s first implementation of blockchain technology, and bitcoin is one of the world’s most widely used cryptocurrencies. In many respects, the blockchain market started with bitcoin, and so the...more
Cryptoasset Study Published, Bahamas Launches CBDC, Zcash Service Announced - The University of Cambridge has published its 3rd Global Cryptoasset Benchmarking Study. ...more
OCC Clarifies Status of Stablecoins, Registration Statement Filed for Network Token - The chief counsel for the Office of the Comptroller of the Currency (OCC) recently issued a letter clarifying the agency’s stance on the...more
CBDC Testing Platform Launches, Crypto Adoption and Bitcoin Payment Options Grow - According to a recent press release, a major U.S. financial services firm has launched a “custom testing platform” that “allows central banks...more
IRS Addresses Taxing Crypto Received in Microtasks, Swiss Enable Crypto Payments - Late last week, the U.S. Internal Revenue Service (IRS) released a memorandum on the topic “Taxation of Virtual Currency Received in the...more
Blockchain Used in IPO and ATS, Bitcoin Fund Announced, APAC Trade Data Published - According to reports, this week a Gibraltar-based cryptocurrency exchange, INX Ltd., has announced that the U.S. Securities and Exchange...more
8/28/2020
/ Bitcoin ,
Blockchain ,
CFTC ,
Cryptocurrency ,
Digital Currency ,
Fraud ,
Initial Public Offering (IPO) ,
Popular ,
Quorum ,
Ransomware ,
Stablecoins ,
Virtual Currency
Market Actors Focus on Stablecoins, Crypto-Backed Loans and Real Estate Transactions - A partnership between BCB Group, a global digital asset financial services group, and Circle, a leading global financial technology firm,...more