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
In the past several years, the use and prevalence of virtual currency have increased exponentially. The proliferation of digital assets has changed the way goods and services are exchanged and has allowed for faster and...more
U.S. Crypto Exchange Approved as Wyoming Bank, MSB Regulations to be Simplified - This week Kraken, a major U.S. cryptocurrency exchange, announced that it has received approval from the State of Wyoming to form a Special...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
On July 9, the Appellate Division of the Supreme Court of New York, First Department (First Department) issued a significant decision in James v. iFinex that confirmed the broad authority of the New York State Attorney...more
U.S. and Australia Explore Blockchain Solutions, Global Blockchain Survey Published - This week, Simba Chain announced that it has been awarded “a two-year, $1.5 million contract by the U.S. Air Force to fund a Phase II Small...more
Overview of the Telegram Case -
Telegram, a global messaging platform, was founded by Russian brothers Nikolai and Pavel Durov in 2013....more
Blockchain Enterprise Applications Continue to Emerge Across Industries -
A press release late last week announced that blockchain startup SIMBA Chain has been awarded a five-year, $9.5 million contract with the U.S. Navy...more
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
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
On Oct. 9, the Internal Revenue Service (IRS) issued additional guidance regarding the taxation of cryptocurrency. The guidance comes more than five years after the IRS issued Notice 2014-21, the first and, until now, only...more
Blockchain Developments in Interbank Settlement, Capital Markets, Cryptocurrency Payments -
According to reports this week, a major German bank has joined the emerging payments initiative, built on the Quorum blockchain, of...more
Blockchain Clearing, Settlement, Custody and Capital Markets Developments -
This week, R3 and a major multinational financial services company announced a partnership to develop and pilot a cross-border payments solution...more
Blockchain Applications for Beer Advertising, Hotel Booking and the U.S. Air Force -
Late last week, a major U.S.-based beer brewing company launched a blockchain-based trivia game in conjunction with Vatom Labs as part of...more
Cryptocurrency Exchange and Payment Solutions Continue to Expand -
This week, Blockchain.com, a London-based supplier of digital wallets, announced that it is moving into the trading side of cryptocurrencies with a...more
Cryptocurrency Exchanges Obtain New Licenses Across Globe Amid Market Growth -
The New York State Department of Financial Services (DFS) announced early this week that it approved a virtual currency license for Seed...more
CFTC Approves Bitcoin DCM, New Bitcoin ETF Proposed, Crypto IRA and Blockchain Depository Receipts Introduced -
The Commodity Futures Trading Commission (CFTC) has announced approval of LedgerX’s registration as a designated...more
Libra Cryptocurrency Plans Released, Crypto Exchanges and Payment Options Expand -
This week, the world’s largest social media company published details on its plans to launch Libra, a new cryptocurrency that would be...more