20 Thai Crypto Exchanges Have Applied for New Digital Assets Licenses

Federal Reserve Chair Jerome Powell (Credit: CoinDesk archives)Max Raskin is an adjunct professor of law at New York University.A bipartisan group of U.S. congressmen wrote Treasury Secretary Steven Mnuchin last week, urging him to consider the use of blockchain technology in administering the federal government’s coronavirus response. This comes just a month after Democrats in…

The price of bitcoin (BTC) has not been moving as closely in relation to flows in and out of the spot ETFs as it previously did, according to JPMorgan.On Wednesday, the correlation between the two asset classes dropped to 0.60, said analyst Ken Worthington in a note Thursday morning to the bank's clients. That's down

FinCEN Deputy Director Michael Mosier encouraged commenters to provide practical, technical feedback on the rule. Treasury Secretary Steven T. Mnuchin(Toni L. Sandys/Getty Image)Feb 1, 2021 at 8:04 p.m. UTCFinCEN’s Wallet Rule Aimed to Close Crypto-Cash Reporting Gap, Official SaysFinancial institutions report large cash and crypto transactions differently. This gap led to a controversial rule proposal…

Sep 11, 2020 at 10:58 UTCUpdated Sep 11, 2020 at 11:21 UTCBitcoin prices since Monday (CoinDesk BPI)Bitcoin is struggling to gather upside traction despite repeated defense of support at $10,000. The top cryptocurrency's sell-off from the August high of $12,476 looks to have come to a halt near $10,000 over the past seven days.A bear…

Gulf Binance, a joint venture between crypto exchange Binance and Gulf Energy’s innovation arm Gulf Innova, has received a digital asset operator license in Thailand, according to a Friday press release.The rubber-stamp from Thailand’s Ministry of Finance will allow the firm to advance plans to open a regulated crypto exchange and broker in the southeast…

Crypto venture giant Multicoin led a $10 million fundraise for the builders of Pipe, a proposed "content delivery network" (CDN) that uses tokens to incentivize people hosting internet infrastructure. The startup building Pipe Network, Permissionless Labs, is focusing on one of the unseen but ubiquitous pieces of the modern internet. Many websites cannot afford to

news An Austrian printing company that has history going back to the early 1800s has launched a cryptocurrency storage device. The new hardware wallet comes from YOUNIQX Identity, a subsidiary of the Vienna-based Austrian State Printing House (Oesterreichische Staatsdruckerei or OeSD) – a secure printing firm which is now the country’s high-tech passport maker and…

Robinhood’s shares fell 3.1% in after-market trading on Monday after the stocks and cryptocurrencies trading app acknowledged a Nov. 3 security data breach in a blog post.“An unauthorized third party obtained access to a limited amount of personal information for a portion of our customers,” the popular trading platform said in the Monday blog post.After…

Dec 24, 2020 at 4:00 p.m. UTCThe Global Challenge of Regulating Virtual AssetsThe convergence of traditional finance and cryptocurrencies was more profound than ever this year. From the maturation of crypto-first digital commerce to MicroStrategy’s big bitcoin buy, it was a year of rampant technological adoption. With the professionalization of the crypto industry came regulatory challenges.…