Blockchain & Digital Assets

March 23, 2021 @ 10:59 am By JD Alois  |  

Equa has announced integration partnerships with TokenSoft, Horizen Labs, PolyMath, and AIKON. Equa is a blockchain-based equity management platform that facilitates the management of digital assets. Shawn Owen, CEO of Equa, said that businesses need a better way to align their business goals and the… Read More

March 23, 2021 @ 8:50 am By Omar Faridi  |  

Only a month after announcing that it was working on an integrated service for crypto-assets, BNY Mellon (NYSE:BK) has decided to make a strategic investment into crypto startup Fireblocks. The New York-headquartered financial powerhouse, which is notably among the biggest banking institutions and also one… Read More

March 22, 2021 @ 11:37 pm By Omar Faridi  |  

The team at Casa, a Bitcoin-focused company, notes that one of the “most important” things about using Casa is that “you, and you alone” possess the private keys needed to access your crypto-assets. Casa confirms that it’s here to “do everything possible” to assist you… Read More

March 22, 2021 @ 11:17 pm By Omar Faridi  |  

Digital asset exchange OKEx recently explained how Filecoin (FIL) aims to disrupt the file storage sector in the “age of decentralization.” OKEx confirms that Filecoin made its highly-anticipated launch last year. As noted by the crypto exchange, the aim of FIL tokens is “to be… Read More

March 22, 2021 @ 10:55 pm By Omar Faridi  |  

The researchers at Bloqport have confirmed that only a month after launch, the first-ever Bitcoin ETF has reached $1 billion CAD in assets under management or AUM (as of March 20, 2021). Just one month after launch, the first ever #Bitcoin ETF has hit $1… Read More

March 22, 2021 @ 3:09 pm By Samantha Hurst  |  

      Bitcoin IRA, a company that allows individuals to invest in cryptocurrency, recently announced that clients have invested more than $100 million into its new interest-earning program, IRA Earn, in just 30 days. According to Bitcoin IRA, the program offers interest rates up to 6%… Read More

March 22, 2021 @ 12:49 pm By JD Alois  |  

The Financial Action Task Force (FATF) has posted its 6th draft guidance as to how countries should deal with virtual assets (digital assets) and virtual asset service providers or VASPs. Several years ago, FATF announced an initiative to tackle possible money laundering or the financing… Read More

March 22, 2021 @ 7:57 am By Lee Schneider  |  

CryptoUK issued a clarion call to the Financial Conduct Authority (FCA), the UK financial and anti-money laundering (AML) regulator, demanding that FCA grant licenses as prescribed by AML rules.  Too many applications have gone unanswered since those rules came into effect over one year ago. … Read More

March 21, 2021 @ 11:19 pm By Omar Faridi  |  

Blockchain security firm CipherTrace has provided an analysis on the proposed Financial Action Task Force (FATF) guidance for digital assets and virtual asset service providers (VASPs). On March 19, 2021, global anti-money laundering watchdog, the FATF, released a public consultation for its latest Draft Guidance… Read More

March 21, 2021 @ 10:01 pm By Samantha Hurst  |  

    Hong Kong-based Crypto.com announced on Friday that Crypto.com Chain, which is set to launch on March 25th, is now teaming up with blockchain analysis company, Chainalysis. According to Crypto.com, the collaboration will use the security of the Crypto.org network, along with Chainalysis’ compliance and… Read More

March 21, 2021 @ 9:15 pm By Omar Faridi  |  

Global Fintech firm Circle has revealed that the market capitalization for its stablecoin USDC has now exceeded $10 billion. More than 2 years after introducing the compliant and regulated “digital dollar” stablecoin, growth “continues to accelerate as shifting macroeconomic trends and exploding innovation in digital… Read More

March 21, 2021 @ 2:24 pm By Omar Faridi  |  

Payments company Square’s (NYSE:SQ) Cash App now allows users to complete Bitcoin payments without having to pay transaction fees. You can now instantly send bitcoin to other $cashtags for free, right from your Cash App. To celebrate, we’re giving out $1 million in BTC. To… Read More

March 21, 2021 @ 2:21 pm By Omar Faridi  |  

Researchers at Deutsche Bank (XETRA: DBKGn.DB /NYSE: DB) have published an update, titled The Future of Payments in which they look into whether Bitcoin (BTC) may offer any value to the financial system. The bank’s research team points out that Bitcoin or BTC’s market capitalization… Read More

March 20, 2021 @ 7:37 pm By Omar Faridi  |  

Notabene has teamed up with blockchain analysis firm Chainalysis to bring a “scalable” Travel Rule solution to cryptocurrency-focused businesses. Crypto-related businesses are working consistently to meet updated regulatory guidelines involving counterparty risk. According to a blog post by Chainalysis, the most notable of these requirements… Read More

March 20, 2021 @ 12:52 pm By Omar Faridi  |  

Digital asset exchange Binance, which is being investigated by CFTC for a possible violation of US rules, recently explained why people should consider using cryptocurrencies when making cross-border payments. Binance notes in a blog post that traditional borderless transactions can be “cumbersome” with each transfer… Read More

March 20, 2021 @ 11:04 am By Omar Faridi  |  

Digital asset exchange Gemini recently revealed that it now has over $20 billion in crypto-assets under custody. The US-based firm confirmed in a blog post: “Tracking with the impressive growth of the crypto market this year and increased participation from institutional investors, we have doubled… Read More

March 20, 2021 @ 10:22 am By Xu Gao  |  

China Imposes Further Restrictions on Online Consumer Loans for College Students Over the past few years, some internet finance platforms have targeted college campuses and made inductive marketing through cooperation with technology companies. Such practices led some students into excessive consumption and even debt traps…. Read More

March 20, 2021 @ 10:22 am By Omar Faridi  |  

Peter Van Valkenburgh, the Director of Research at Coin Center, a leading non-profit entity focused on the latest policy issues facing digital currencies, notes that his organization will be using the additional time provided by FinCEN to submit another comment in “ongoing surveillance rulemaking.” Coin… Read More

March 20, 2021 @ 9:43 am By Omar Faridi  |  

Digital asset platform CoinList recently announced its first liquid token sale and distribution ($RLY). The CoinList team confirmed that beginning on April 1, 2021, qualified or eligible CoinList users may take part in the $RLY sale and distribution (via the CoinList platform). CoinList explains that… Read More

March 19, 2021 @ 7:51 pm By JD Alois  |  

The Commodities Future Trading Commission (CFTC) has issued an order requiring Coinbase to pay a $6.5 million penalty for “false, misleading, or inaccurate reporting and wash trading.” Coinbase has settled the civil penalty with the CFTC. The wash trading was said to be affiliated with… Read More