Legislators in New Hampshire have voted 17-1 against a bill that would have required the state treasurer, “to develop an implementation plan for the state to accept cryptocurrencies as payment for taxes and fees and allows state agencies to accept payment in cryptocurrencies after July 1,… Read More
Tagged new hampshire, taxes
Chainalysis, a leading blockchain analytics and cybersecurity firm, revealed on January 15, 2020 that it had managed to trace $2.8 billion in Bitcoin (BTC) being transferred to criminals via cryptocurrency exchanges in 2019, with the vast majority of these transactions going through Binance and Huobi,… Read More
Tagged aml, binance, chainalysis, crypto otc, crypto-assets, digital assets, huobi, illicit activities, kyc, money laundering, otc trading, Samuel Lim
Japan’s Financial Services Agency (FSA) plans to further reduce allowable limits on leveraged cryptocurrency bets, down from 4X of customer deposits to 2X. Japan’s Cabinet voted to greatly reduce leveraged crypto trades on local platforms last April. At that time, permitted leveraged trades were reduced… Read More
Tagged financial services authority, fsa, japan
DrawBridge Lending, d/b/a DBL Digital, a commodity pool operator and trading advisor that helps investors monetize bitcoin and other cryptocurrency holdings through investment and financing products, announced on Wednesday it has expanded their product offering for cryptocurrency investors utilizing services offered by Gemini Trust Company, LLC,… Read More
Tagged cryptocurrency, dbl digital, digital currency, DrawBridge Lending, gemini trust
Banxa, an established provider of fiat gateway infrastructure to major digital asset exchanges such as Binance, has reportedly secured $2 million via a Series A investment round. The funding round was led by NGC Ventures, one of the most active investors in the crypto-asset and… Read More
Tagged australia, banxa, binance, investment round, roger lim
The new chair of the Commodity Futures and Trading Commission (CFTC) has told Chedder Media that his agency is continuing to work closely with the SEC to establish definitions and jurisdiction when it comes to cryptocurrencies- though these have not yet been set. Since he… Read More
Tagged cftc, commodity futures trading commission, heath tarbert, ripple, xrp
Expertise or prior experience working with blockchain or distributed ledger technology (DLT) has quickly become the number-one “hard skill” that firms are now looking for on LinkedIn. According to a recently published job trends report, LinkedIn researchers examined user profiles who were “getting hired at… Read More
Tagged ai, artificial intelligence, blockchain jobs, cloud computing, distributed ledger technology, dlt, job report, jobs, linkedin, tech jobs, tech skills
Fidelity Digital Assets, the crypto investment arm of Fidelity Investments, a Boston, Massachusetts-based multinational financial services corporation with over $2.4 trillion of assets under management, is planning to offer custody services for Bitcoin (BTC) held by UK-based cryptocurrency investment company Nickel Digital Asset Management. Established… Read More
Tagged boston, crypto custody, crypto-assets, digital assets, fidelity digital assets, massachusetts, nickel digital asset management
San Francisco-based cryptocurrency trading platform Kraken has acquired Bit Trade, a cryptocurrency trading platform billed as, “Australia’s longest running digital currency exchange.” Kraken was founded in 2011 and Bit Trade in 2013. “With this acquisition, Kraken will focus on being the premier crypto service in… Read More
Tagged acquisition, australia, bit trade, crypto exchange, kraken
A survey recently published by Bitwise Asset Management reveals that very few financial advisors have allocated digital assets for their clients’ investment portfolios, however, more claim they’re planning to invest in cryptocurrencies this year. More than 400 financial advisors responded to Bitwise’s survey in December… Read More
Tagged bitwise asset management, crypto investments, crypto-assets, digital assets
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