January 10, 2020 @ 7:48 am By Cali Haan  |  

Deribit, a cryptocurrency options exchange that does not currently require customers to identify themselves, will relocate to Panama from the Netherlands, the exchange says in a letter to customers obtained by Bloomberg. According to the outlet, the Deribit communiqué says that new EU rules likely… Read More

January 9, 2020 @ 9:14 pm By Cali Haan  |  

Former IMF managing director and newly-appointed president of the European Central Bank (ECB), Christine Lagarde, says Europe’s central bank has set up a special committee to study the feasibility and “unintended side effects” of a central bank digital currency. Lagarde made the comments at the… Read More

January 9, 2020 @ 5:59 am By Cali Haan  |  

China’s Banking and Insurance Regulatory Commission (CBIRC), which oversees the country’s financial markets, has, “published a guideline saying it would promote the conversion of household savings into long-term capital market fund,” South China Morning Post (SCMP) reports. The CBIRC did not say how it will… Read More

January 8, 2020 @ 10:38 pm By Cali Haan  |  

The SEC’s Office of Compliance Inspections and Examinations (OCIE) has released its 2020 Examination Priorities report. For the most part, there will be much business as usual at the OCIE, and the division will continue in 2020 to, “…prioritize the examination of certain practices, products, and… Read More

January 8, 2020 @ 9:29 pm By Cali Haan  |  

On Monday, Telegram, makers of the popular private messaging app Telegram, issued a public notice to, “clarify certain aspects of the TON Blockchain and Grams,” as the company, “continue(s) to prepare for a successful launch of the project.” TON is intended to function as a… Read More

January 8, 2020 @ 11:44 am By Cali Haan  |  

American cryptocurrency trading platform Kraken says the global law enforcement requests for information went up 49% in 2019, with associated costs, “increasing, even in a relatively flat market.” The company tweeted an infographic of showing total requests in 2019, countries of requesting agencies, countries of… Read More

January 7, 2020 @ 8:51 pm By Cali Haan  |  

As the “public blockchain” space is being tempered now by market forces, regulation and reality, companies running or looking to set up an investing platform or manage token issuance may want to take a look at the Provenance Blockchain, a privately-developed DLT (distributed ledger technology… Read More

January 7, 2020 @ 8:06 pm By Cali Haan  |  

US cryptocurrency exchange Kraken will enable trading of Circle’s USD-proxy cryptographic stablecoin, USDC, starting January 8th. Kraken says it will enable deposits and withdrawals of USDC at 14:30 UTC on January 8. “The first trades will start shortly after funding is enabled as sell orders… Read More

January 7, 2020 @ 3:16 pm By Cali Haan  |  

The judge presiding over an SEC case alleging Telegram sold unlicensed securities has denied the SEC’s request for immediate disclosure of bank records relating to Telegram’s $1.7 billion sale of GRAM cryptographic tokens. Instead, Judge P. Kevin Castel has ordered the private messaging company to, “set… Read More

January 6, 2020 @ 10:20 am By Cali Haan  |  

Google has restored MetaMask’s Ethereum mobile wallet app and browser at it’s Google Play Store for Android apps. MetaMask tweeted the news on January 1st: Happy New Year! Upon careful consideration, Google has permitted The MetaMask mobile app back on the Google Play (Android) store!… Read More

January 5, 2020 @ 1:15 pm By Cali Haan  |  

Harry Denley, director of security at MyCrypto, “an open-source…tool for generating ether wallets,” has warned the public about a malicious crypto wallet app called “Shitcoin Wallet,” which, according to Zero Day, “was caught injecting JavaScript code on web pages to steal passwords and private keys… Read More

January 4, 2020 @ 9:24 am By Cali Haan  |  

The US Securities and Exchange Commission (SEC) has asked a judge to order Telegram to submit bank records detailing how it has been spending $1.7 billion USD it raised from investors in 2018, Finance Magnates(FM) reports. Telegram is currently contesting emergency orders obtained by the… Read More

January 3, 2020 @ 4:51 pm By Cali Haan  |  

Jens Weidmann, President of Germany’s central bank (Bundesbank) and a governing councilor at the European Central Bank (ECB), told Handelsblatt this week that much needs to be understood before central banks should get into issuing a digital currency like Facebook’s Libra or Bitcoin, commonly referred… Read More

January 3, 2020 @ 4:38 pm By Cali Haan  |  

A Delaware-registered company called Digital Capital Management is suing law firm Faegre Baker Daniels for allegedly providing “erroneous” legal advice in 2017 that greenlit establishment of a cryptocurrency/digital token investment fund. The story was broken by Bloomberg Law. The fund, Crypto Asset Management LLC (CAM),… Read More

January 3, 2020 @ 7:52 am By Cali Haan  |  

LendingTree Chief Economist Tendayi Kapfidze told reporters at Yahoo Finance January 1st that Bitcoin is “a pyramid scheme” and a scam with no particular utility. Kapfidze made the comments just after co-panelist Oliver Pursche, Chief Market Strategist at Bruderman Asset Management, described his own cryptocurrency investments and… Read More

January 2, 2020 @ 6:19 pm By Cali Haan  |  

Cryptocurrency exchange Poloniex says “Less than 5%” of purported Poloniex customers email addresses posted by hackers to Twitter this week belong to actual Poloniex customers: “Earlier this week we emailed a small group of our customers (about 1% of our total base), requiring them to reset their… Read More

January 2, 2020 @ 4:34 pm By Cali Haan  |  

International Investment (II) is reporting that Qatar’s financial regulator, the QFC, has banned the use of cryptocurrencies in the region. The ban appears to be comprehensive. It covers, “anything of value that acts as a substitute for currency, that can be digitally traded or transferred… Read More

January 2, 2020 @ 8:55 am By Cali Haan  |  

Virgil Griffith, an Ethereum programmer accused of advising North Korea on how to using cryptocurrencies to evade sanctions, has been released on $1 million bail in New York. The case is being covered in-person by the Inner City Press: “Upshot: for Virgil Griffith, SDNY Judge Broderick… Read More

January 1, 2020 @ 10:59 pm By Cali Haan  |  

Paraguay’s Secretary for Preventing Money and Property Laundering (SEPRELAD) has ordered all Virtual Asset Service Providers (VASPs) in the country to submit to a “mass audit” of the sector and, “to open their books to the government for the first time,” Born 2 Invest (B2I) reports. The… Read More

January 1, 2020 @ 6:30 pm By Cali Haan  |  

Operators of the Poloniex cryptocurrency exchange have asked certain customers to change their email passwords after hackers claimed they leaked user data on Twitter. An excerpt from a letter sent by Poloniex to affected customers states: “A couple of hours ago we discovered that someone… Read More