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
Announcements Provide Details on New Cryptocurrency Payment Products - According to recent reports, a major U.S. mobile payments firm has announced that its Q2 revenue from selling bitcoin to customers through its Cash App...more
Crypto-Focused Bank Approved in Wyoming, Initiatives Advance in Foreign Markets - Former Wyoming regulator Caitlin Long, now the CEO of a payments processing company, recently announced that her company has received approval...more
Reports Detail New Plans for Crypto Custody Services, Payment Cards and ATS Platforms - According to recent reports, a major multinational financial services firm is taking steps toward launching a cryptocurrency custody...more
Blockchain Solutions Announced in Auto, Shipping, Medical and Aid Sectors - A prominent German automotive manufacturer announced this week that it has begun testing the use of blockchain technology for the company to monetize...more
Seafood Association, Restaurant Chain Announce Blockchain Supply Chain Partnerships - This week, a major global technology firm and the Norwegian Seafood Association announced a new collaboration using the Food Trust...more
Fish Producer Joins Food Trust, Blockchain Identity Solutions Advance in UK and US - Last week, a major Norwegian fish producer announced it will join the Food Trust – a permissioned, permanent and shared ledger of food...more
On April 30, 2020, a federal court in San Francisco preliminarily approved a $25 million class action settlement against the Swiss-based Tezos Foundation, its Californian founders, and other domestic and foreign firms...more
U.S. Crypto Trading Firms Make Acquisitions Targeted at “Prime Brokerage” Services - This week major U.S. cryptocurrency exchange Coinbase announced plans to acquire Tagomi, a U.S.-based prime brokerage platform focused on...more
Bitcoin Fund Completes Offering, Ether Futures Launch, Crypto Funds Report Published - We previously reported that a Toronto-based investment manager was launching a Bitcoin Fund, and it has now completed a $48 million...more
Digital Asset Marketplaces Evolve in US, Japan and Switzerland - The Public Private Execution Network (PPEX), an alternative trading system (ATS) that supports transactions in exempt digital asset securities, recently...more
CFTC Approves Bitcoin Futures and Prosecutes Fraud, Amicus Brief Filed in Kik Case - The Commodity Futures Trading Commission (CFTC) has issued an Order of Designation to Bitnomial Exchange, LLC, granting it status as a...more
Blockchain Developments in Food Supply Chain, Shipping Data and Project Best Practices - According to a recent report, GrainChain, a Texas-based startup that uses blockchain to track grain shipments, has used its blockchain...more
Blockchain GS1 Standards Published, Supply Chain Pilots Announced Across Industries -
Earlier this week, one of the world’s largest automobile manufacturers announced it will begin using blockchain to promote supply chain...more