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Key Takeaways from U.S. Senate’s Latest Crypto Inquisition
Earlier today, the United States Senate Committee on Banking, Housing, and Urban Affairs held a full committee hearing entitled “Examining Regulatory Frameworks for Digital Currencies and Blockchain” to discuss the viability of existing policies and regulations governing the U. дальше »
2019-7-30 22:27 | |
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ICYMI: Circle CEO Urges Senators to Create a National Framework for Digital Assets
Coming a few weeks after the Senate grilled Facebook about their crypto project, Libra, Circle CEO Jeremy Allaire was the lone crypto-industry representative on Tuesday to testify before the Senate Committee on Banking, Housing, and Urban Affairs about the industry's need for regulatory clarity. Mr. Allaire urged Congress to adopt дальше »
2019-7-30 20:57 | |
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U.S-based crypto-companies losing competitive edge, claims Circle CEO as testimony before U.S Senate dawns
The ongoing battle between U. S lawmakers and popular crypto-proponents is set to write yet another chapter. Circle CEO Jeremy Allaire is one such proponent and he’ll be testifying before the U. дальше »
2019-7-30 16:21 | |
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Circle CEO to Testify in Senate Hearing on Digital Currencies and Blockchain
Coinspeaker Circle CEO to Testify in Senate Hearing on Digital Currencies and BlockchainThe Senate Banking Committee will hear arguments from Circle CEO and Co-founder, Jeremy Allaire on the digital currencies and the blockchain industry. дальше »
2019-7-30 14:17 | |
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Ripple Execs Urge U.S. Authorities to Focus on Regulatory Clarity for Cryptocurrency
Ripple CEO, Brad Garlinghouse, and Executive Chairman and Co-founder of Ripple, Chris Larsen, expressed concerns regarding regulatory ambiguity in the United States. In an open letter to the U. S. Congress on July 28, 2019, both top executives stated that lack of clear cryptocurrency regulations is bound to stifle crypto business in the U. дальше »
2019-7-29 17:59 | |
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Ripple CEO Fears Regulation Fallout from Facebook’s Libra
Brad Garlinghouse, the CEO of Ripple Inc, is concerned about the U. S. government’s recent jump into action after the announcement of Libra. In an interview with Fortune, July 25, 2019, Garlinghouse speaks about his discontent with Trump’s bunching of cryptocurrencies, and the potential regulatory conundrum that Libra has awoken. дальше »
2019-7-26 14:51 | |
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Circle CEO to Testify Before Senate on Crypto Regulation
Circle Chief Executive Officer Jeremy Allaire will be the sole crypto-industry representative to testify next week before the Senate about the need for clear regulation for digital assets. The hearing—titled “Examining Regulatory Frameworks for Digital Currencies and Blockchain”—follows extensive Senate hearings on Facebook’s Libra; it also comes дальше »
2019-7-27 19:49 | |
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Bitcoin still the winner after week-long US Congress drama, says Interchange CEO Dan Hedl
The cryptocurrency market had a chaotic couple of days over the past week after the congressional hearing surrounding the digital asset industry. Aside from price fluctuations, the US Congress event also riled up the community with many speculating positive developments in the future from regulatory bodies. дальше »
2019-7-21 15:30 | |
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Facebook approached the regulatory scene brazenly, says Ripple’s Brad Garlinghouse
Ripple CEO, Brad Garlinghouse, explained how there should be a level playing field when it comes to cryptos, adding that Secretary Mnuchin was right with his points during the hearing. Garlinghouse spoke to CNBC and gave his views on how Libra has helped the cryptocurrency ecosystem gain more traction by trying to fast-forward discussions and by […] The post Facebook approached the regulatory scene brazenly, says Ripple’s Brad Garlinghouse appeared first on AMBCrypto. дальше »
2019-7-20 21:00 | |
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Crypto Custodian Anchorage To Set Up Subsidiary In South Dakota, Anchorage Trust Company
After securing a license from the state of South Dakota, Anchorage Trust Company will set up its headquarter in Sioux Falls. U. S. Sen. Mike Rounds of South Dakota confirmed the news of the removal of the regulatory hurdle in a U. дальше »
2019-7-17 19:03 | |
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Invstr CEO: Facebook Will Have Anticipated Regulatory Scrutiny Over Crypto Effort
The CEO of a social investment firm believes that Facebook will have anticipated regulatory scrutiny. Kerim Derhalli of Invstr says recent issues for the social media giant will have prepared it well to deal with lawmakers with regards the crypto asset project. дальше »
2019-7-4 02:00 | |
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India’s Largest Crypto Exchange Shuts Down Over Proposed Ban
Koinex, the crypto exchange which was once the largest in India by volume, is shutting down due to regulatory pressure, officials have confirmed. Koinex Blames ‘Uncertainty And Disruption’ In a blog post issued June 27, Rahul Raj, CEO of Koinex, said the company had no option but to suspend trading indefinitely. дальше »
2019-6-27 11:00 | |
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Wilshire Phoenix’s Bitcoin Trust Product Checks all the Regulatory Boxes
In an interview with BTCManager, the CEO of the New York-based investment firm Wilshire Phoenix Funds LLC. said that their United States Bitcoin and Treasury Investment Trust product is one of the most promising yet. дальше »
2019-6-16 13:00 | |
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Cryptocurrency regulation necessary for money laundering, not ban in India; tweets WazirX CEO
The ‘draft bill’ in India for banning digital assets that circulated through social media stunned the entire crypto community as the regulatory bodies are yet to clarify its stance on the matter. дальше »
2019-6-15 21:00 | |
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Binance US is Finally Launching, Will Co-Exist with Coinbase: CEO Zhao
By CCN Markets: Binance, the world’s largest crypto exchange by trading volume, is launching in the U. S. with a partnership with BAM Trading Services Inc. as Binance. US. Speaking to CCN in an exclusive interview, Binance CEO Changpeng Zhao explained the motive behind the company’s decision to expand into the U. дальше »
2019-6-14 13:41 | |
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BlockFi Adds Gemini Dollar Stablecoin Support
Crypto lender BlockFi is rolling out support for the gemini dollar (GUSD) stablecoin, claiming an expected initial annual percentage yield (APY) of 6. 2 percent for non-U. дальше »
2019-5-30 19:44 | |
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QuadrigaCX And Cryptopia Users Had A Terrible January 14
On January 14, Cryptopia experienced its major hack and QuadrigaCX announced the death of its founder and CEO Gerald Cotten, causing users of both exchanges to experience frozen withdrawals. While the coincidence is enticing, the real connection between the two exchanges appears to be the lack of regulatory oversight. дальше »
2019-5-30 18:57 | |
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Circle CEO Announces Eliminating Ten Percent of Staff Citing Regulatory Certainty as Reason
Jeremy Allaire, the CEO of Circle, the company behind the famous Poloniex exchange and the USDC stablecoin, tweeted May 22, 2019, that the company was laying off ten percent of their staff at Circle as a result of the restrictive regulatory framework in the United States. дальше »
2019-5-23 12:53 | |
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Jeremy Allaire’s Circle Lays Off 10% of Staff amid Prickly US Regulation
By CCN: Bitcoin has been booming lately, but Circle, the parent company of crypto exchange Poloniex, announced yesterday afternoon that about 30 employees are leaving as part of “organizational changes. дальше »
2019-5-23 03:00 | |
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Circle Sheds 10% of Workforce as CEO Blames Restrictive US Regulatory Climate
Circle CEO Jeremy Allaire says that regulations are to blame for Circle staff cuts
дальше »2019-5-22 12:54 | |
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SEC’s guidance prompts more questions than answers, says Circle’s Jeremy Allaire after Poloniex geo-fencing episode
Circle-acquired Poloniex, the US-based cryptocurrency exchange’s decision to geofence nine digital assets on its platform was met with criticism from some of the most prominent figures in the community. дальше »
2019-5-21 11:00 | |
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Bakkt to Self-Certify Bitcoin Futures, Looks to Launch as ICE’s Crypto Exchange Anticipation Builds
Finally! Bakkt is ready to launch its Bitcoin futures contract. In its latest announcement made Monday morning, Bakkt CEO Kelly Loeffler shared that they have “worked closely” with the US Commodity Futures Trading Commission (CFTC), the regulatory agency that oversees derivatives products and would be testing its physically-backed Bitcoin futures contracts this summer. It has […] дальше »
2019-5-20 22:57 | |
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Coinbase CEO Teases Launch of Debit Card in the U.S.
Coinbase CEO Brian Armstrong has announced that the company is working on introducing its debit card to customers in the U. S. Armstrong’s announcement came in a live AMA session on YouTube on May 16, 2019, during which he fielded questions and touched on various topics such as community trust ratings for altcoins and fraud prevention. дальше »
2019-5-18 19:15 | |
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Blockstream Releases First Enterprise-Grade Product on Liquid
Security tokens are coming to Bitcoin, courtesy of Blockstream. The Bitcoin and blockchain technology company announced on May 15, 2019, the final day of the Consensus 2019 conference, that Liquid Securities, a platform for issuing and managing security tokens on its Liquid sidechain, is ready to go live. дальше »
2019-5-16 19:14 | |
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CivicKey CEO: If Bitcoin Holds at $6,200 Level for the Next 24-48 Hours, the Bear Market is Officially Over
Bitcoin is gradually becoming a significant force to reckon with in the crypto market, and this comes at a time when the cryptocurrency is facing fewer criticisms from the self-acclaimed economists and some regulatory bodies who are garnering for strict regulations on the digital asset. дальше »
2019-5-11 04:01 | |
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The Need for a Crypto Regulatory Framework in Japan, Nikkei Asian Review’s Pesek Explains Why
It has recently been reported by William Pesek – from Nikkei Asian Review – that renowned Japanese investor, Masayoshi Son has lost $130 million of his own money due to investing in Bitcoin. Also serving as the CEO of SoftBank Group, which is currently valued at $100 Billion, many are questioning his decision to enter […] дальше »
2019-4-29 01:33 | |
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India is Preparing a ‘Banning of Cryptocurrencies’ Bill
Bitcoin stakeholders in India are decrying the decision by the country’s central bank to exclude cryptocurrency-related businesses in its recently released regulatory sandbox for fintech firms. Meanwhile, reports have emerged that the government is looking to ban cryptocurrencies entirely. дальше »
2019-4-26 12:00 | |
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Tesla Stock Careens Toward 12-Month Low – No Relief in Sight?
By CCN: Tesla stock continued its downward lurch, falling 3. 5 percent on Monday. The Easter holiday gave investors no apparent good feelings toward the automotive stock, as it continues to suffer from chaotic boardroom intrigue. дальше »
2019-4-23 22:09 | |
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Elon Musk, SEC Need More Time to ‘Put on Their Reasonableness Pants’
By CCN: Elon Musk and the SEC are talking, demonstrating progress in a regulatory battle that has been drawn out for months. While the Tesla CEO and the securities regulator have yet to reach an agreement regarding a contempt of court dispute, they could be close. дальше »
2019-4-20 03:53 | |
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Gibraltar Blockchain Exchange Appoints New CEO
Gibraltar Blockchain Exchange (GBX) has appointed in-house Head of Business Development Kurt Looyens, as its new CEO. Looyens formerly held the position of Country Executive at ABN AMRO Bank in Spain, and he will be taking over from Nick Cowan, as the latter transitions into his role as CEO of the Gibraltar Stock Exchange (GSX) Group. дальше »
2019-4-19 15:13 | |
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India’s Best-Funded Bitcoin Exchange is Running Low on Cash and Employees
By CCN. com: India’s regulatory uncertainty on cryptocurrencies has taken a toll on Bengaluru-based exchange Unocoin forcing it to lay off employees. According to The Economic Times, the bitcoin exchange has laid off over a dozen employees and now only has 14 employees remaining. дальше »
2019-4-16 14:39 | |
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Binance CEO Affirms Both ICOs And IEOs Have Legal Compliance Obstacles To Overcome
Binance CEO Affirms That Both ICOs And IEOs Have Regulatory Compliance Issues The CEO and founder of Binance, Changpeng Zhao, has recently talked about Initial Exchange Offerings (IEOs) during an interview with Bloomberg. дальше »
2019-4-12 21:48 | |
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Thor Token Shuts Down After Blaming Regulatory Issues, Company Raised $21 Million
Thor Token Shuts Down After Blaming Regulatory Issues, Company Raised $21 Million It’s a sad day when we see a company closing down. This is what happened to the creators of the Thor token, as the company announced this week that it would cease all activities. The explanation was given by the CEO of Thor […] дальше »
2019-4-12 23:58 | |
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Former QuadrigaCX Regulatory Attorney Blames Deceased CEO for the Exchange’s Downfall
In a new twist to the controversial QuadrigaCX fiasco, the now-defunct cryptocurrency exchange’s former regulatory attorney Christine Duhaime says that the late CEO Gerald Cotten’s decision to rid the firm of “law and order folks” is what led to its dramatic decline, reports Bloomberg, March 27, 2019. дальше »
2019-3-30 21:00 | |
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Dirty, Dirty Fiat: Swedbank CEO Fired Under Allegations of Aiding in $151 Billion Money Laundering Scandal
It's the sign of a plaster saint to preach from the pulpit but dwell proudly in the gutter. While there has been a new re-affirmation from governmental organs as well as private regulatory agencies to clamp down on illegal activities like money laundering. дальше »
2019-3-29 15:45 | |
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QuadrigaCX was the first exchange to hold cold storage insurance, claims exchange’s former lawyer
Christine Duhaime, a lawyer associated with Duhaime Law, the law firm once associated with the troubled QuadrigaCX, claimed that the late CEO Gerald Cotten shunned the “law and order folks”, i. дальше »
2019-3-29 11:30 | |
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Ex-QuadrigaCX Lawyer Exposes Bitcoin Exchange’s Descent into ‘Lawlessness’
By CCN. com: QuadrigaCX had a long and successful run as Canada’s top Bitcoin exchange. Former counsel to the exchange, Christine Duhaime, says in a blog post at Coindesk that the company was among the only exchanges to publicly publish audits or obtain cold storage insurance. дальше »
2019-3-29 23:40 | |
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Cryptocurrency Debit Cards With Fiat Conversion Features On The Edge Of A Cliff Says CEO
Crypto Cards On The Edge Of A Cliff Says CEO Cryptocurrency debit card companies are few and far between, but early entry will help in the long run say companies that are battling for acceptance. The crypto payment game is riddled with problems, with regulatory hurdles being the main stumbling block. Fiat currency has taken […] дальше »
2019-3-28 20:57 | |
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Billionaire’s Crypto Binge: Russia’s Richest Man to Tokenize Palladium
Russian billionaire Vladimir Potanin wants to launch cryptocurrency tokens pegged to the precious metal palladium. Potanin also wants to establish a regulatory framework for digital platforms in order to promote crypto use in Russia. дальше »
2019-3-29 17:55 | |
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CME Group CEO: The Biggest Obstacle for Crypto is Regulators
The chairman and CEO of CME Group has stated that financial regulators will be unlikely to give a nod to crypto and are much more likely to approve of digital currencies backed by existing fiat currencies. дальше »
2019-3-26 00:00 | |
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After QuadrigaCX: New Regulations for Canadian Exchanges Are in the Works
As anxiety grows around every new twist and turn in the ongoing QuadrigaCX drama, along with extensive QuadrigaCX media coverage, Canada’s mainstream media has been calling on the government to bring in better oversight and regulation of cryptocurrency businesses, especially cryptocurrency exchanges. дальше »
2019-3-20 18:42 | |
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Mexico’s Attempt To Regulate Crypto Has Turned Into a Disaster, May Cripple the Economy
The Central Bank of Mexico recently published the regulatory framework for crypto use in the country. The impending decision which was supposed to help the nation join the crypto portfolio and make its use under the law has created more problems than providing any solutions. According to one of the CEO of an Exchange in […] дальше »
2019-3-19 01:26 | |
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Elon Musk’s Days as Tesla CEO Could Be Numbered: JPMorgan Analyst
Elon Musk is the tech billionaire that many people from Wall Street to Hollywood (e. g. , Johnny Depp) love to hate. At a time when investors should be celebrating the Tesla CEO for the release of the Model Y, an electric SUV crossover, analysts are instead pouncing on Musk and TSLA shares amid renewed regulatory and key man fears, among other things. дальше »
2019-3-18 16:17 | |
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CipherTrace Partners with Maltese Regulators to Manage Risk of Financial Crimes
CipherTrace, a blockchain analytics company, is partnering with the Republic of Malta’s sole financial regulatory agency to ensure that all crypto transactions within the country are free of money laundering and other similar financial crimes. дальше »
2019-3-14 00:14 | |
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