Bitcoin Wallet Provider Receives E-Money License From UK Regulator
Wirex, a bitcoin wallet and payment card provider, has become the third crypto company to receive an e-money license from U.K. financial regulators.
Bittrex Partners With Trading Firm on Crypto Securities Offering
U.S.-based crypto exchange Bittrex is partnering with regulated trading platform Rialto to ultimately launch crypto securities trading.
World Bank and Australia’s Largest Bank Issue Bond Exclusively Through Blockchain
The World Bank and the Commonwealth Bank of Australia (CBA), the country’s largest bank, have issued a public bond exclusively through blockchain technology, Reuters reports August 23. The World’s Bank official mandate for the project was first unveiled August 10. The A$100 million ($73.16 million) deal entails two-year bonds that will settle August 28 and…
Markets See Red Following BTC ETF Rejections, News of Anti-Crypto Measures in China
Thursday, August 23: virtually all of the top 100 cryptocurrencies are in the red today, with average losses of between 1 and 4 percent among the top 10 largest coins by market cap, as Coin360 data shows. Yesterday evening’s news of the U.S. Securities and Exchange Commission’s (SEC) disapproval orders for 9 different Bitcoin exchange-traded…
Successful Testnet Result Means It’s A Green Light For aelf’s Mainnet
Earlier this month, aelf revealed the results of their testnet v1.0. Their platform achieved 14,968 transactions per second, which is a very impressive figure indeed. It shows that the project is working well in its goal to build a blockchain that can handle much higher volumes of transactions than others. It confirms that the ideas…
U.S. SEC Denies Nine More Bitcoin ETFs
The United States Securities and Exchange Commission (SEC) just put nine more bitcoin exchange traded funds (ETFs) on the chopping block. In three separate orders issued on August 22, 2018, the agency nixed the proposals and contingent rule changes for ETF filings submitted by ProShares, GraniteShares and Direxion. Of these three, five proposals came from…
New FSA Chief Rules Out ‘Excessive’ Regulation of Japan’s Crypto Exchanges
The new commissioner of Japan's top financial regulator has spoken of the need for balance when regulating the country's cryptocurrency industry.
Online ID Control: Blockchain Platforms vs. Governments and Facebook
We're living at a time of unprecedented concern over identity. Fears abound that our personal data is being abused by distant third-parties, while this data has become more valuable to us at a time when our identities and the identity politics we base around them have become more central to our lives. It's in this…
UK Watchdog Grants Third E-Money License to Crypto Company
UK watchdog The Financial Conduct Authority (FCA) has granted its third e-money license to a crypto-related company, Financial Magnates reports August 23. The new license has been issued to the Wirex, whose main product is a prepaid debit card that converts crypto into fiat currency for everyday use. As Cointelegraph has reported, the FCA granted…
New York State to See Bitcoin Mining Operation Powered by Hydroelectric Dam in Q4 2018
A California-based Bitcoin mining company has completed work on a repurposed hydroelectric dam to service its new mining farm, a press release announced Thursday, August 23. DPW Holdings will now prepare to use the dam, which is located in Valatie Falls, New York, as the source of electricity for its yet-to-be-built mining facility towards the…