New Developments and Research on Crypto-Asset Market Activities -
According to data from Bitcoinity, in May 2019, bitcoin trading volume on Coinbase, one of the largest cryptocurrency exchanges in the U.S., reached a...more
Stablecoin Activity Heats Up, Bitcoin’s Speculation Problem and Other Payments News -
Despite the increase in major companies opening up payment options in bitcoin, research from Chainalysis shows that only 1.3% of bitcoin...more
6/10/2019
/ Bitcoin ,
Blockchain ,
Cryptocurrency ,
Cyber Attacks ,
Digital Currency ,
Hackers ,
Initial Coin Offering (ICOs) ,
Malware ,
Popular ,
Securities and Exchange Commission (SEC) ,
Supply Chain ,
Virtual Currency
Industry Initiatives Indicate Growing Interest in Cryptocurrency Payments -
Late last week, Reuters reported that “[s]everal of the world’s largest banks are in the process of investing around $50 million” to create “… a...more
Supply Chain Initiatives Announced by Major Private and Public Sector Actors -
This week one of the world’s largest technology firms announced an initiative with one of the world’s largest retail coffee stores to develop a...more
Academics Detect Manipulation on ‘DEXes’ as Cryptocurrency Trading Expands - A recent academic paper by researchers at Cornell Tech and other academic institutions describes rampant trading manipulation on decentralized...more
4/19/2019
/ Bank Secrecy Act ,
Blockchain ,
Criminal Convictions ,
Cryptocurrency ,
FinCEN ,
Food Supply ,
Malware ,
Money Laundering ,
Popular ,
Supply Chain ,
Virtual Currency
Blockchain Property Records Trial Completed, Energy Grid Project Continues, New Patents Granted -
According to a press release issued late last week, U.K.-based firm Instant Property Network recently completed a successful...more
Welcome to the 2018 Year-End Report from BakerHostetler’s Financial Services Industry Team . We are pleased to share our analysis of some of the key developments in the financial services industry in 2018 and our expectations...more
3/27/2019
/ Banking Sector ,
Banks ,
Borrowers ,
Consumer Financial Protection Bureau (CFPB) ,
Cryptocurrency ,
Digital Currency ,
Financial Institutions ,
Financial Services Industry ,
FinTech ,
Lenders ,
OCC ,
Payday Loans ,
Virtual Currency
New Blockchain Payments Solutions Announced for Banks, Merchants and the Unbanked -
Early this week, a leading global technology firm launched a real-time global payments network for regulated financial institutions....more
New Blockchain Projects Announced in Supply Chain and Digital Identity -
This week, a trio of major global firms in the consulting, financial services and cloud provider sectors announced the launch of a blockchain platform...more
DFS Issues New BitLicenses, Corda Gains Integration Partners, New Stablecoin Launched -
Late last week, the New York State Department of Financial Services (DFS) granted the DFS BitLicense to Robinhood Crypto LLC and Moon...more
2018 Cryptocurrency Recap, Developments in Cryptocurrency Exchanges and Payment Providers -
According to a recent report, despite a lower price compared to the previous year, bitcoin’s total trade volume for 2018 is $2.2...more
New Cryptocurrency Financial Products and Platforms Announced -
Last week, SEFToken Inc. launched a new tokenized instrument. The new token, known as a “covered warrant,” will be issued through the Securitize platform on the...more
Multiple Studies Analyze Recent Cryptocurrency Market Trends -
A recently issued report from the Blockchain Transparency Institute analyzed high-volume bitcoin “trading pairs” on various cryptocurrency exchanges and found...more
Cryptocurrency Capital Markets Announcements by Institutional and Startup Firms - On Oct. 15, a major global financial services firm – the fourth-largest asset management firm in the world – announced plans to spin off a new...more
Cryptocurrency Enforcement Actions Continue Across the Globe - On Friday, Sept. 27, the SEC and CFTC charged 1pool Ltd. aka 1Broker and its CEO with offenses related to its actions to solicit U.S. investors to purchase swaps...more
Blockchain Initiatives Pursue Solutions for Refugees, Voting, Smart Cities, Defense and Food Safety - The World Food Programme (WFP) and UN Women announced last week that they are collaborating in an initiative to use...more
9/28/2018
/ Anti-Money Laundering ,
ASIC ,
Australia ,
Bitcoin ,
Blockchain ,
CFTC ,
Cryptocurrency ,
Digital Currency ,
Initial Coin Offering (ICOs) ,
IRS ,
Malware ,
Popular ,
Securities and Exchange Commission (SEC) ,
Virtual Currency
New York Attorney General Issues Virtual Markets Integrity Initiative Report - On Sept. 18, 2018, the New York Attorney General’s Office released its Virtual Markets Integrity Initiative Report. The report addressed 10 major...more
9/21/2018
/ Banks ,
Blockchain ,
Cryptocurrency ,
Cybersecurity ,
Data Breach ,
Data Protection ,
Data Security ,
FinCEN ,
Hackers ,
Popular ,
Virtual Currency
Blockchain technology is transforming business operations across industries far beyond payments and financial services. One compelling example is the food supply chain, where blockchain offers improved efficiency,...more
Blockchain Investment Continues Across Private and Public Sectors - The International Data Corporation (IDC) has published its update to the Worldwide Semiannual Blockchain Spending Guide, which estimates that worldwide...more