New Hampshire Legislators Vote Down Law to Permit Tax Payments in Cryptocurrency

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

Chainalysis: Binance, Huobi, other Major Exchanges Used to Transfer $2.8 Billion in Bitcoin to Criminals in 2019

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

Report: Japan Will Further Constrict Leveraged Trading of Cryptocurrencies, Down to 2X of Balances

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

DBL Digital Partners With Gemini Trust to Offer New Products for Crypto Investors

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

Banxa, a Provider of Fiat Gateway Infrastructure to Major Digital Asset Exchanges, Secures $2 Million in Funding

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

CFTC Chair: “If I Hear Anything…It’s That We Really Need Clarity” on Cryptocurrency Regulations

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

Expertise in Blockchain or DLT Now the Number-One “Hard Skill” that Firms are Seeking on LinkedIn

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

Fidelity Digital Assets to Offer Custody Services for Bitcoin Held by UK’s Nickel Digital Asset Management

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

Kraken Acquires Australian Crypto Trading Platform Bit Trade

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

Very Few Financial Advisors Have Allocated to Digital Assets, But Intend to Invest More in Crypto in 2020: Report

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

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