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
Ethereum 2.0 Moves Closer to Launch, Blockchain Identity Solutions Announced - After having launched last week, the deposit contract for the newest upgrade to the Ethereum blockchain, Ethereum 2.0, now tops out at over 50,000...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
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
Federal Reserve Addresses CBDCs Amid Crypto Initiatives by US and Foreign Firms - Late last week, Lael Brainard, a member of the Board of Governors of the U.S. Federal Reserve System, gave a speech in which she commented on...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
Monetary Authority of Singapore and World Bank Publish Blockchain Payments Reports - The fifth and final phase of Project Ubin, a blockchain project spearheaded by the Monetary Authority of Singapore, concluded this week. ...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
Blockchain Solutions Launch in Pharma, Energy and Food Industries - According to reports, the Chinese branch of one of the largest pharmaceutical companies in the world recently announced that it will work with VeChain to...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
Payments Evolve: USD Stablecoin Accounts for Latin America and Crypto Debit Cards - Last week, crypto startup Ledn announced the launch of a USDC savings account that will focus on Latin America....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
FDA DSCSA Blockchain Pilot Report Released, Consortium Formed for Energy Grids - A final report provided in February 2020 to the U.S. Food and Drug Administration (FDA) has been released with details on the FDA’s Drug Supply...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
Bitcoin and Blockchain Financial Products Launch in Public Funds, Commodities, Debit Cards and Mining “Hash Contracts” - According to an April 9 press release, a Canadian asset manager has become the first firm to launch a...more
Exchanges Expand in US and Gibraltar; India Supreme Court Ruling Favors Industry -
Late last week, a major global messenger app based in Japan announced that it has launched BitFront, a new global cryptocurrency exchange...more
Blockchain Solutions Advance in Manufacturing, Food, Pharma and Grant Management -
Last week, one of the world’s largest industrial cobalt producers announced plans to join the Responsible Sourcing Blockchain Network (RSBN)....more
12/23/2019
/ Bitcoin ,
Blockchain ,
Cryptocurrency ,
Financial Institutions ,
Food and Drug Administration (FDA) ,
Hackers ,
Initial Coin Offering (ICOs) ,
Pharmaceutical Industry ,
Popular ,
Ransomware ,
Securities and Exchange Commission (SEC) ,
Supply Chain