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.
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DCG Sunsets Trade Execution, Prime Brokerage Unit TradeBlock
Digital Currency Group (DCG), the parent company of CoinDesk, is closing down its trade execution and prime brokerage services unit, TradeBlock, citing crypto winter and regulatory uncertainties.The shutdown of the unit, which provides trading services to institutional investors, will be effective as of May 31, a DCG spokesperson told CoinDesk in an emailed statement. "Due…

Uber CEO Says Company to Consider Crypto for Rides, Not Its Balance Sheet
The rideshare company will look into cryptocurrencies including bitcoin as a potential form of payment.(CoinDesk archives)Feb 11, 2021 at 2:06 p.m. UTCUpdated Feb 11, 2021 at 2:27 p.m. UTCUber CEO Says Company to Consider Crypto for Rides, Not Its Balance SheetUber CEO Dara Khosrowshahi said on CNBC Thursday the rideshare giant will consider accepting cryptocurrencies…

Hamas Crypto Funding Likely ‘Overstated’ – Chainalysis
Reports of tens of millions of dollars in crypto going to fund Palestinian operations in Israel are likely “overstated,” Chainalysis said. The forensics outfit published a blog post arguing that flows of crypto financing to Hamas and affiliated groups have become inflated far beyond reality. While acknowledging that it was crucial to stop any financing

Crypto Exchange Coinbase Suspends Algorand Staking Rewards
Previously, customers were able to earn rewards from the Algorand protocol via Coinbase. Coinbase acted as the service provider connecting the user and the protocol, passing on rewards earned from staking. According to the exchange’s website, users can still earn staking rewards from Ethereum, Cosmos, Tezos, Cardano and Solana.

Coinbase Hires Former Stripe Exec as Chief Compliance Officer
Melissa Strait will take charge of Coinbase's compliance initiatives ahead of its planned public listing.Feb 17, 2021 at 3:00 p.m. UTCUpdated Feb 17, 2021 at 3:21 p.m. UTCCoinbase Hires Former Stripe Exec as Chief Compliance OfficerCryptocurrency exchange Coinbase has hired a former executive of payments company Stripe to head its compliance efforts. Melissa Strait joins…

IoT Devices Can Now Connect to Both Helium Network and Amazon Sidewalk
The Helium Foundation has partnered with Oxit to create Oxtech Module, a product to connect Internet of Things (IoT) devices to both the decentralized wireless network, Helium, and Amazon Sidewalk.Amazon Sidewalk is a new low-power, nationwide network that uses Amazon devices like the Echo smart speaker to create a series of mini mesh networks in…

TON Developers, Investors Back Telegram in SEC Fight
Feb 14, 2020 at 17:20 UTCUndeterred by the U.S. Securities and Exchange Commission (SEC)’s lawsuit against Telegram, developers and investors in the company’s blockchain project have formed a nonprofit for community governance.One of the TON Community Foundation’s first actions was to defend Telegram in the case, filing a friend of the court brief Friday in…

Singapore Taps Blockchain Platform for Selling Tokenized Securities
NEWS Aug 27, 2018 at 19:05 UTC The Monetary Authority of Singapore (MAS) and the Singapore Exchange (SGX) are looking to blockchain to create a secure platform for selling tokenized securities. Technology firm Anquan, consulting giant Deloitte and stock exchange operator Nasdaq will work with the MAS and SGX to develop a Delivery versus Payment…