CFTC reportedly mulling accepting digital assets as trading collateral
The proposal faces multiple steps before approval, but its passage could ultimately be a boon for the digital assets market.
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Bitcoin price can hit $100,000 if BTC replicates post-March gains
The price of Bitcoin (BTC) has quadrupled in the past nine months, which means another similar rally would put $100,000 on the table in the foreseeable future.The 1-day chart of Bitcoin (Coinbase). Source: TradingView.comDan Tapiero, co-founder of 10T Holdings, does not expect Bitcoin to hit $100,000 in the next nine months. But, he said that…
Crypto Trading App Robinhood Reportedly Seeks $250M After March Outages
Robinhood reportedly saw record revenue growth amid the coronavirus pandemic, anonymous sources reveal. Popular stock and cryptocurrency trading app had a lot of problems in March, and is reportedly trying to make up for it with help from a new injection of cash.According to Bloomberg, Robinhood is in the process of raising $250 million at…
SEC listing 9 tokens as securities in insider trading case ‘could have broad implications’ — CFTC
Caroline Pham, one of five commissioners with the United States Commodity Futures Trading Commission, or CFTC, has expressed concerns about the possible implications of a case the Securities and Exchange Commission, or SEC, brought against a former product manager at Coinbase.In a Thursday statement, Pham said the SEC complaint against former Coinbase product manager Ishan…
European Parliament Member: Decentralization via DLT ‘Provides More Security’
Maltese politician and a Member of the European Parliament (MEP) Roberta Metsola claimed that decentralization powered by blockchain “provides more security,” Cointelegraph learned during her speech at the Malta Blockchain Summit on Friday, Nov. 2.Addressing the summit, Metsola expressed a positive stance by the European Parliament (EP) regarding the emerging industry of blockchain and cryptocurrencies.…
EU-regulated firm Banking Circle adopts USDC stablecoin
Banking Circle was launched in 2016 with a mission to help payments businesses reach new global markets, avoiding the burdens of traditional banking. 218 Total views 5 Total shares Banking Circle, a European bank focused on cross-border payments, is adopting a major U.S. dollar-pegged stablecoin for payment rails.The firm officially announced on Friday the adoption…
Unity Unveils Patent for Blockchain-Based, Uniquely Identified In-Game Token System
The Danish parent company of game engine developer Unity has applied for a patent related to in-game cryptocurrency tokens, documents from the United States Patent and Trademark Office revealed on March 5.Unity Technologies, whose software its CEO says is used by about half of the world’s video games, is now targeting missing links in the…
Sui expands custody with Copper to attract institutional finance
The two-year-old layer-1 blockchain is teaming up with the digital assets financial services provider to create new infrastructure options.
UAE Presents Blockchain and AI Initiatives Following Annual Government Meeting
The Second United Arab Emirates (UAE) Government Annual Meetings concluded with the introduction of two initiatives pertaining to blockchain and artificial intelligence (AI), the Emirates News Agency reported Nov. 28.At the meeting hosted by the governmental AI and Blockchain Joint Working Group, participants addressed strategies to attract foreign investment and create necessary technological infrastructure, as…