Fidelity Digital Assets Gets NY Trust Charter to Custody Bitcoin for Institutions
Tue, 19 Nov 2019 17:25:22 +0000
The New York Department of Financial Services has granted Fidelity Digital Assets Services (FDAS) a charter to operate as a limited liability trust company to custody digital currencies and execute crypto trading.
FinCEN: Stablecoin Issuers Are Money Transmitters, No Matter What
Tue, 19 Nov 2019 17:00:35 +0000
“Just because you say you are a banana doesn’t make you a banana,” said Director Blanco.
Bakkt, Fidelity Will Store Galaxy Digital’s New Bitcoin Fund Holdings
Tue, 19 Nov 2019 15:14:21 +0000
Galaxy Digital is tapping Bakkt and Fidelity Digital Assets to store the bitcoin for its two new funds.
Grayscale’s Bitcoin Trust Seeks SEC Reporting Company Status
Tue, 19 Nov 2019 14:00:00 +0000
Grayscale Investments has filed to register its bitcoin trust as an SEC reporting company, potentially the first crypto vehicle to attain such status.
Blockchain Capital Leads $25M Funding Round for Libra Member Bison Trails
Tue, 19 Nov 2019 14:00:00 +0000
Bison Trails has secured a $25.5 million Series A round led by Blockchain Capital to develop the firm’s infrastructure services.
When Lambo? Crypto’s Favorite Automaker to Track Cars on Salesforce Blockchain
Tue, 19 Nov 2019 13:00:00 +0000
Automobili Lamborghini, the manufacturer of the most craved sports cars in crypto, will trial blockchain tech in its supply chain operations.
PayPal Joins $4.2M Round for Crypto Banking Compliance Startup
Tue, 19 Nov 2019 13:00:00 +0000
Reddit founder Alexis Ohanian’s Initialized Capital, Blockchain Capital and PayPal Ventures are backing TRM Labs in its effort to help financial firms manage crypto risk.
Canada’s Einstein Exchange No Longer Has Bulk of Users’ Claimed CA$16M: Receiver
Tue, 19 Nov 2019 12:11:26 +0000
The exchange, taken over by a Canadian securities regulator two weeks ago, has just CA$45,000 in crypto and cash left.
IRS Focusing on Potential Illicit Activities Facilitated by Bitcoin ATMs: Official
Tue, 19 Nov 2019 11:05:49 +0000
The Internal Revenue Service is looking at bitcoin ATMs and their potential to facilitate illicit activities, its criminal investigation chief said.
Bitcoin Price Faces Deeper Dive as Bear Cross Confirmed
Tue, 19 Nov 2019 09:30:00 +0000
Bitcoin looks set to test support at $7,520 after a bearish cross was confirmed Monday and recent gloomy China news.
DAI Is Moving Beyond Ether, But DeFi Isn’t Decentralized Just Yet
Mon, 18 Nov 2019 23:00:12 +0000
MakerDAO may be diversifying the assets it works with, but it has a long way to go to decentralize the power to make key decisions.
Brooklyn ICO Promoter Sentenced to 18 Months in Federal Prison
Mon, 18 Nov 2019 22:15:24 +0000
The fraudster used diamonds and real estate to whisk away $300,000 in other people's money in 2017.
The SEC Is Reviewing the Bitwise Bitcoin ETF Rejection
Mon, 18 Nov 2019 22:05:27 +0000
The agency’s five commissioners will review a staff decision to reject the rule-change proposal for a bitcoin ETF made last month.
Andrew Yang Campaign Releases Technology Plan Focused on Rebuilding Public Relationship With Big Tech
Mon, 18 Nov 2019 21:06:11 +0000
The crypto-friendly presidential candidate outlined his tech visions in a blog post to his campaign site.
FEMA Advisory Board Proposes Blockchain to Speed ‘Disaster Dividend’ Payouts
Mon, 18 Nov 2019 20:51:52 +0000
The NAC argued that blockchain could improve the speed of payouts communities rely on in the wake of natural disasters.
Bitcoin Tumbles 4.7%, Most in Two Months, as China-Fueled Enthusiasm Wanes
Mon, 18 Nov 2019 20:30:09 +0000
Bitcoin prices tumbled on Monday by the most in two months, falling below a key threshold of $8,200 not seen since late October.
No, Royal Bank of Canada Isn’t Opening a Crypto Exchange
Mon, 18 Nov 2019 18:01:05 +0000
Contrary to recent media reports, Canada’s largest bank is not opening a crypto exchange.
UK Law Panel Defines Crypto Assets as Property
Mon, 18 Nov 2019 15:30:04 +0000
A panel of senior British judges and lawyers has moved to clarify the legal status of cryptocurrencies and smart contracts.
US Crypto Firms Will Soon Have Another Banking Option
Mon, 18 Nov 2019 14:01:17 +0000
U.K.-based Cashaa, which describes itself as a banking service platform, is about to launch bank accounts for stateside crypto firms denominated in U.S. dollars.
Chinese Army’s Blockchain Provider Approved for New Hyperledger Certification Program
Mon, 18 Nov 2019 12:25:43 +0000
Hyperledger green-lit a Beijing-based firm that serves the Chinese army to join its new certification program, as military blockchain use expands.