Bitcoin News Roundup for April 14, 2020

Aug 26, 2020 at 15:33 UTCUpdated Aug 26, 2020 at 15:40 UTCU.S. Securities and Exchange Commission Chairman (John Lamparski/Getty Images)The U.S. Securities and Exchange Commission (SEC) has formally adopted new accredited investor rules, expanding the group of Americans who can invest in private securities. The new definition, which lets individuals holding certain licenses meet the…

The U.S. Securities and Exchange Commission acknowledged a hacker managed to take over one of the agency's cell phones to crack its X account and post about the spot bitcoin ETF.The regulator had deactivated its multi-factor authentication as far back as July 2023.The U.S. Securities and Exchange Commission (SEC) confirmed that a hacker took over

Banking giant Deutsche Bank AG has applied for regulatory permission to operate as a crypto custodian in Germany, the bank said Tuesday. The move came just days after asset management giant BlackRock filed with the SEC to create a spot bitcoin ETF.“I can confirm that we applied for the BaFin license for crypto custody,” a…

Banks had feared being drained of liquidity under the original concept for the digital currency.Feb 18, 2021 at 1:43 p.m. UTCRussia’s Digital Ruble Model to Get Bank-Friendly RedesignRussia’s central bank will present a modified concept for a possible central bank digital currency (CBDC) later this year following discussions with banks.Most institutions favor a two-level model…

Dec 15, 2020 at 8:30 a.m. UTCBanca Generali CEO and General Manager Gian Maria Mossa(Banca Generali)Banca Generali Leads $14M Round in Italian Crypto Custody Firm ConioBanca Generali, a subsidiary of Italy’s largest insurer, is leading a $14 million investment round in Conio, a crypto wallet provider popular in Italy.A commercial distribution agreement to start offering…

The Hong Kong Convention and Exhibition Centre will be playing host to Consensus Hong Kong in February 2025, CoinDesk announced today."Asia stands as a global powerhouse for Web3, boasting tens of millions of crypto users, blockchain developers, and governments at the forefront of regulatory innovation," said Foster Wright, president of CoinDesk, in a press release.

Nov 17, 2020 at 6:13 p.m. UTCUpdated Nov 17, 2020 at 6:37 p.m. UTCThis $29B Asset Advisory Is Giving Wealth Managers and Clients a Bitcoin On-RampSomewhere between the Coinbase hawk and the institutional bitcoin whale lies a growing class of high-end retail investors pushing their money managers to join the bull run. Their calls grew…

Jun 10, 2020 at 16:33 UTCUpdated Jun 10, 2020 at 16:34 UTCDante Disparte (Credit: CoinDesk archives)Blockchain Bites: Libra’s Future, Elrond’s ‘Trial by Fire’ and LocalBitcoins’ VolumeAn unknown wallet holder mistakenly, it seems, sent a $2 million transaction fee on the Ethereum blockchain, Elrond is testing its network in a “trial by fire” and Libra’s Dante…

Nov 28, 2019 at 12:30 UTCUpdated Nov 28, 2019 at 11:53 UTCCoinbase CEO Brian ArmstrongCoinbase Patents Automated KYC Enforcement ToolCryptocurrency exchange Coinbase has patented a self-learning compliance enforcer that shutters “bad” user accounts.The U.S Patent and Trademark Office-issued patent, published on Nov. 19, describes an automated system and accompanying scoring mechanism that together root out…