Five large cryptocurrency exchanges, Binance.US, Coinbase, FTX, Kraken, and KuCoin, have been asked to explain the steps they are taking to protect customers from consumer fraud and scams to Congress. “As stories of skyrocketing prices and overnight riches have attracted both professional and amateur investors...
When Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) revealed that their bipartisan bill creating a regulatory framework for cryptocurrencies would define most digital assets as commodities instead of securities, the response was predictable. The Commodity Futures Trading Commission (CFTC) was ecstatic and the Securities...
Ukraine’s financial watchdog has announced that it will monitor transactions that exceed $1,200, said Oksana Makarova, the head of the country’s Ministry of Finance, according to a Monday (Jan. 27) report by Coindesk. A new law passed includes crypto as something to be monitored. “If...
Brad Garlinghouse, the CEO of Ripple, said that initial public offerings (IPOs) will start becoming more common in the fields of cryptocurrency and blockchain this year, according to a report by Cointelegraph. Speaking at the World Economic Forum in Davos, Garlinghouse said that Ripple itself...
November 26, 2018
A more than 30 percent drop in bitcoin prices last week ranks up there in terms of worst-ever one-week declines. There are signs, though, that the price drop for the marquee name in cryptos speaks to more than just speculative panic. Use cases remain limited, and as pricing proves ever more volatile, here's why the picture may not get any brighter.
September 14, 2018
Cryptos are crashing. Good time to come to market with a new coin? Now comes ndau, billed as a buoyant stable coin that is designed to go up over time. ...
September 06, 2018
Compliance and risk? The top of any FinTech’s to-do — and to-keep-doing — list. Automating that compliance is now a “need to have.” The age of technology is, of course,...
August 15, 2018
Cryptos are down roughly 69 percent from this year’s peak, and the let down may not let up. Beyond bitcoin, and the altcoins, the coin of the realm is panic. ...
September 19, 2022
As cryptocurrencies slid Monday, bitcoin hit a three-month low, Bloomberg wrote. The sentiment took a hit because of a spate of financial tightening that will happen this week in both Europe and the U.S. The coin’s price fell 7.4% to $18,273 before paring losses, the lowest since digital-asset prices fell after Celsius collapsed in June. […]
January 28, 2020
Ukraine’s financial watchdog has announced that it will monitor transactions that exceed $1,200, said Oksana Makarova, the head of the country’s Ministry of Finance, according to a Monday (Jan. 27)...
January 13, 2020
JPMorgan Chase said the launch of CME Group options is building and there is the anticipation of institutional interest in Bitcoin-related contracts. Bakkt, a consortium that includes Intercontinental Exchange, the...
January 10, 2020
Dixons Carphone is staring down the barrel of a £500,000 (about $650,000) fine by the Information Commissioner’s Office over an incident of compromised data that affected over 14 million customers,...
