China Zheshang Bank Issues Securities Worth $66 Million on Blockchain

Aug 5, 2020 at 12:00 UTCUpdated Aug 5, 2020 at 12:30 UTCHong Kong (fanjianhua/Shutterstock)BnkToTheFuture Steps Away From Banks Citing Mounting Risk to Clients’ AssetsOnline fintech and blockchain investment platform BnkToTheFuture is moving client assets to a Hong Kong-based trust company citing a “systemic risk” with traditional banking. Announced Wednesday, custody provider First Digital Trust (FDT)…

South Korea’s ruling People Power Party has made several promises around the crypto sector, including one to look into allowing spot bitcoin exchange-traded funds (ETFs).The opposing Democratic Party has also promised to allow investors to purchase spot bitcoin ETFs and could present a full proposal for the sector on Wednesday.South Korea’s national elections are scheduled

NEWS Oct 17, 2018 at 20:45 UTC A U.S. cryptocurrency exchange is reporting dramatic increases in trading of tether (USDT), the controversial stablecoin that lost its dollar peg this week, and one of the new alternatives. At HBUS, the U.S. affiliate of the Singapore-based Huobi exchange, both deposits and withdrawals of USDT "have increased by over 10x over…

Dogecoin (DOGE) flipped xrp (XRP) early Sunday as bullish sentiment around the meme’s endorsement by technology entrepreneur Elon Musk in the Trump administration pushed prices 14% higher in the past 24 hours, extending 7-day gains to 55%. DOGE jumped above 23 cents to reach prices last seen in November 2021, flipping a yearly high of

Jan 15, 2020 at 09:48 UTCUpdated Jan 15, 2020 at 09:50 UTCBitwise Global Head of Research Matthew HouganBitwise Asset Management has withdrawn its application with the Securities and Exchange Commission (SEC) for its proposed bitcoin exchange-traded fund (ETF).The firm requested the withdrawal in a filing posted with the SEC on Tuesday.While the news may disappoint…

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Anna Baydakova is an investigative reporter with a special focus on Eastern Europe and Russia. Anna owns BTC and an NFT.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Binance, the world’s largest cryptocurrency…

May 15, 2020 at 17:00 UTCUpdated May 15, 2020 at 17:03 UTCKris Marszalek, CEO of Crypto.com (Credit: Crypto.com)Crypto.com Rolls Out Visa Card to 31 European NationsCrypto.com said Friday that it has begun shipping its crypto-to-fiat card, the MCO Visa, across the European Union.In total, 31 European countries, including the EU’s 27 member states, now have…

feature Over 150 people bought pizza with bitcoin this week by using the Lightning Network. The crypto payments startup Fold, which launched the web-based Domino’s portal on Wednesday, basically makes fiat pizza purchases on behalf of hungry lightning users. Fold product lead Will Reeves put it this way: “We’re trying to make bitcoin fun again and…

Apr 28, 2020 at 15:05 UTCSEC Chairman Jay Clayton (Image via CoinDesk archives)SEC Opposes Blockchain Association’s Brief Supporting Kik, Says Group Isn’t ‘Neutral’The U.S. Securities and Exchange Commission (SEC) moved to oppose the Blockchain Association from providing evidence to the court.Filed last week with the District Court for the Southern District of New York, the…