Bitcoin Runes fees surpass 1,200 BTC as miners reap rewards post-halving
Bitcoin miners are reaping the benefits of Runes after the halving, with skyrocketing transaction fees lessening the impact of reduced block rewards.
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Circle CEO: No One in the World Is Any Closer to CBDCs than China
China has the most progressive approach to central bank digital currencies (CBDCs) to date, according to Circle CEO Jeremy Allaire.The only global bank to really care Allaire said that China’s central bank has the most advanced thinking about CBDCs in an interview aired on Phoenix Chinese News on Sept. 9.According to Allaire, the People's Bank of…

North Korea ‘Increasingly’ Uses Crypto to Avoid US Sanctions, Experts Claim
North Korea is "increasingly" using cryptocurrencies to evade sanctions imposed by the U.S., according to two Washington-based experts cited by news site Asia Times on September 24.Lourdes Miranda and Ross Delston sent a joint response to an Asia Times' inquiry regarding the use of crypto by the government of North Korea (DPRK). Miranda is an…

New CME Bitcoin Options Spark ‘Unusually Strong Activity’ — JPMorgan
The United States’ largest bank believes interest will be high in CME Group’s new Bitcoin (BTC) options when they launch on Jan. 13. In a note from Jan. 10 quoted by Bloomberg on Friday, a group of analysts at JPMorgan Chase led by Nikolaos Panigirtzoglou noted interest in CME’s existing Bitcoin futures had spiked in the…

Advocates call for Hong Kong govt stablecoin to compete with Tether and USD Coin
“Issuing a stablecoin pegged to the Hong Kong dollar not only helps to solidify Hong Kong’s leadership in the blockchain sector but also propels the progress of the digital Hong Kong dollar," said the report. 93 Total views 1 Total shares Crypto and blockchain advocates have authored a report calling for the Hong Kong government…

Barclays Sponsors Blockchain Hackathon to Explore Derivatives Contracts Processing
British investment bank Barclays is sponsoring a hackathon to find the best blockchain solution to increase the efficiency of derivatives contracts processing, according to an announcement published August 9. Barclays is partnering with other market majors like Deloitte, the International Swaps and Derivatives Association (ISDA) and Thomson Reuters for the event. At the two-day DerivHack…

CFTC reportedly investigating decentralized prediction platform Polymarket
Polymarket is believed to have hired CTFC enforcement head James McDonald to handle the probe. 886 Total views 8 Total shares New York-based decentralized prediction market Polymarket has come under investigations from the United States Commodity Futures Trading Commission (CFTC).According to an Oct. 23 report from Bloomberg citing anonymous sources, the CFTC is investigating whether…

South Korea’s crypto regulation is now expanding to foreign businesses
Due to their anonymity or pseudonymity, digital assets are perceived as entailing the risks of money laundering and financing terrorism. In October 2018, the Financial Action Task Force (FATF) adopted changes to its recommendations on financial activities involving digital assets, adding the definitions “virtual asset” (VA) and “virtual asset service provider” (VASP). Since then, the FATF…

Advocacy Groups Call on Congress to Stop Libra Development Until July Hearings Take Place
Over 30 advocacy groups have appeared as signatories on a request that Congress and regulators implement an official moratorium on Libra development, as per the letter published on July 2.The letter was also addressed to Facebook, with Mark Zuckerberg himself cc’d, and asked that the social media giant wait until Congress and regulators have scrutinized…