Bitcoin News Roundup for Feb. 17, 2021

Oct 21, 2020 at 16:05 UTCUpdated Oct 21, 2020 at 16:12 UTCPrivacy Coin Zcash Makes Its Ethereum ‘Wrapped’ Debut With Tokensoft and AnchorageRemember when crypto exchanges were strong-armed into delisting privacy coins like zcash (ZEC) in order to protect their brittle banking covenants?But crypto keeps moving, and today ZEC is making its debut within the…

Enterprise blockchain is a tough old game. R3, one of the most prominent startups in the sector, tried unsuccessfully this summer to muscle in on another blockchain consortium, the Utility Settlement Coin (USC) project, which is managed by U.K. technology vendor Clearmatics, CoinDesk has learned. In early June, R3 proposed to the USC's bank members…

A financially settled and U.S. regulated ether futures product makes all the difference. The anticipated ether futures contracts on institution-driven CME is one of the factors supporting increased institutional interest in ether.(Shutterstock)Feb 17, 2021 at 12:30 p.m. UTCValid Points: How CME Ether Futures Work and Why They MatterTrading in ether futures went live on the…

Digital bank Revolut has said it plans to suspend some of its crypto services from its U.K. business clients following tough new rules from the country's regulator, City A.M. reported Monday, citing an email it had seen.The bank – which registered with the main digital asset regulator in the U.K., the Financial Conduct Authority, so

Those of us who have been following the evolution of bitcoin for some time now will have lost count of the number of times we’ve been told “but it’s not money!” Critics trot out the textbook definition of the word – a medium of exchange, a unit of account and a store of value –…

news A new association in Japan brings significant institutional support to security token offerings (STO), just months before regulations on the public sale of coins in the country are to be implemented. On Oct. 1, six major Japanese brokerages, including Nomura Securities and Daiwa Securities, formed the Japan STO Association, a self-regulatory organization (SRO) for…

Ripple is close to launching its U.S.-dollar pegged stablecoin, Ripple USD (RLUSD), with CEO Brad Garlinghouse indicating a launch timeline of “weeks.” RLUSD will be fully backed by U.S. dollar assets, tested with enterprise partners, and will operate on the XRP Ledger and Ethereum blockchain. 02:28 Celsius Filed for Tether to Relinquish $3.3B of Bitcoin;

news Meme Factory, a blockchain-based marketplace for digital collectibles, goes live today. Meme Factory is built on ethereum and allows users to create, issue and trade “provably rare” digital collectibles, according to an announcement. The platform was created by blockchain startup District0x Network, which raised $9 million via an initial coin offering in August 2017. The funding…

Bitcoin, the world's largest cryptocurrency by market capitalization, jumped by 11 percent on Monday, pushing its prices above $6,900 for the first time in two weeks. CoinDesk's bitcoin price index shows that just after 5:00 UTC on Monday, bitcoin's price saw a sudden jump by $400 over the course of 60 minutes, pushing the price…