Tether Limited is back in the news; this time, it has confirmed a banking relationship with a financial institution based out of the Bahamas. The issuer of the controversial USD-pegged stablecoin tether (USDT) announced its partnership with Bahamas-based Deltec Bank & Trust Limited. Tether went a step further by publishing an attestation letter from the […]
The price of dogecoin fell over 36 percent in October, making it the worst performer out of the world’s 25 largest cryptocurrencies.
Reports suggest that Hong Kong’s securities watchdog has come up with new plans to regulate cryptocurrency funds and exchanges. While it is known for being crypto-friendly, Hong Kong is still not satisfied with the amount of protection that its crypto users currently enjoy. As a result of this, the Securities and Futures Commission (SFC) announced plans […]
BlackRock, the world’s largest asset management firm, will not be offering a cryptocurrency exchange traded fund (ETF) until the markets are further legitimized. Despite the asset management firm’s CEO, Larry Fink, being bullish on blockchain technology, he still has reservations regarding cryptocurrency. Fink’s comments regarding the cryptocurrency markets came about during the New York Times Dealbook Conference […]
Blockchain financial service company Unchained Capital will now offer multi-signature and multi-institution cold storage solutions for borrowers who leverage its crypto-collateralized loans service. According to a company statement, the cold storage solution will be multi-institution and collaborative with code-level controls for the safe storage of cryptocurrencies. Earlier this year, Unchained closed a $2.9 million round […]
Innosilicon’s mining equipment no longer works on Sia following a planned algorithm change. But not everyone went along with the fork.
Investment banking giant Goldman Sachs has quietly begun signing up a limited number of customers for its yet-to-launch bitcoin trading product. Citing a source familiar with the matter, The Block reports that the 149-year-old Bulge Bracket bank has onboarded a “small number of clients” to actively trade the derivative, a non-deliverable forward, which is a […]
The president of BaFin, Germany’s financial watchdog, is supportive of a global regulatory framework for initial coin offerings (ICOs). Critical of cryptocurrency financial rounds, Felix Hufeld advises private investors to “keep their hands off such things”. BaFin’s President Hufeld Supports International Standards for Cryptocurrencies and ICOs German’s Federal Financial Supervisory Authority (BaFin), an independent institution […]
Mistrust of politicians is nothing new, but the perception that bitcoin and other crypto tokens are unregulated has heightened the suspicions of eligible US voters. According to a survey conducted by blockchain research firm Clovr, 64 percent of respondents across the US political landscape were fearful of politicians coming up with ways to illegally take advantage […]
A poll conducted by IT firm Clovr has found that 60 percent of participants who are eligible voters are in favor of legalizing cryptocurrency donations in federal elections in the U.S. A number of states have already restricted or ruled against such donations and the Federal Elections Commission (FEC) accepts cryptocurrency as in-kind contributions limited […]