Crypto Firms Expand CBDC and Custody Initiatives, GSA Auctions Bitcoin - Ripple Labs recently released a white paper describing its XRP cryptocurrency as a way to link different central bank digital currencies (CBDCs). The...more
3/29/2021
/ Bitcoin ,
Central Bank Digital Currency (CBDCs) ,
CFTC ,
Cryptocurrency ,
Digital Assets ,
Digital Currency ,
Enforcement Actions ,
ETFs ,
Financial Markets ,
Popular ,
Securities and Exchange Commission (SEC) ,
Virtual Currency
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
Crypto Payment Options Announced, Federal Reserve Official Addresses Bitcoin - Late last week, BitPay, a leading provider of cryptocurrency payment services, announced that U.S. users of its prepaid debit card, which allows...more
2/22/2021
/ Bitcoin ,
Cryptocurrency ,
Cyber Crimes ,
Digital Currency ,
Enforcement Actions ,
Federal Reserve ,
Fraud ,
Hackers ,
Popular ,
Ransomware ,
Securities and Exchange Commission (SEC) ,
Virtual Currency
FinCEN Extends Crypto Rule Comment Period, Crypto Payment Products Launch - This week the U.S. Financial Crimes Enforcement Network (FinCEN) published a notice extending the comment period for its proposed rule that would...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
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
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
New Enterprise Initiatives for Ethereum, Hyperledger, Aviation and Clothing - Last week, one of the world’s largest technology firms, a leading multinational professional services firm and a major blockchain development firm...more
Interest in Blockchain-Based Supply-Chain Initiatives Continues to Swell -
Interest in blockchain-based supply-chain initiatives continues to swell. The Indonesia Customs and Excise Department recently announced a...more
Forbes Publishes Blockchain 50, Cryptocurrency Exchanges Expand Services -
This week, Forbes published its second annual Blockchain 50 list, recognizing the 50 largest companies with significant blockchain technology...more
2/21/2020
/ Blockchain ,
CFTC ,
Cryptocurrency ,
Cyber Attacks ,
Digital Currency ,
Hackers ,
Initial Coin Offering (ICOs) ,
IRS ,
Popular ,
Securities and Exchange Commission (SEC) ,
Virtual Currency
Solutions Debut for Wine, Farming Data, Media Authenticity and Credentialing -
A multinational closures company has announced what it describes as the first European winery that tracks wine products using “connected...more
New Approvals From European and Thai Regulators, Canada and WEF Publish Guidance -
Swiss-based digital fund manager Amun launched 21 Shares Short Bitcoin (SBTC) this week, a first-of-its-kind digital asset-based Exchange...more
Ethereum Fork Implemented, Exchanges Expand Services, New Bitcoin Network Data -
The Ethereum network’s Istanbul hard fork went forward late last week with the support of node operators, miners and cryptocurrency exchanges. ...more
12/16/2019
/ Anti-Money Laundering ,
Bitcoin ,
Blockchain ,
Cryptoassets ,
Cryptocurrency ,
Digital Currency ,
Enforcement Actions ,
Fraud ,
Initial Coin Offering (ICOs) ,
NYDFS ,
Ponzi Scheme ,
Popular ,
Virtual Currency
Cryptocurrency Custody, Payments and Mining Initiatives Announced -
According to recent reports, the digital asset arm of a multinational financial services corporation was issued a trust company charter by the New York...more
Shipping Firms, DHS and Wine Merchants Participate in Blockchain Pilots -
Earlier this week, one of the United States’ largest multinational package delivery and supply chain management firms reportedly made the first...more
US Treasury Announces Blockchain Pilot, Major Bitcoin Mining Facility Launches in Texas, Foreign Crypto Exchange Developments -
There were several developments in the digital capital markets and payments space this week,...more