Crypto ownership isn’t rising with recent market growth, Fed survey claims

Aleph Zero is launching a $50 million Aleph Zero Ecosystem Funding Program, the layer-1 privacy-enhancing blockchain announced on April 18. The nonprofit Aleph Zero Foundation overseeing its development of Aleph Zero aims to support developer teams to build on its platform and advance blockchain adoption globally.In an interview with Cointelegraph, Aleph Zero co-founder Antoni Zolciak…

Britain’s Financial Conduct Authority (FCA) now monitors anti-money laundering (AML) and counter terrorist financing (CTF) for companies carrying out cryptocurrency-related activities.According to an official announcement published on Jan. 10, FCA will supervise whether United Kingdom-registered businesses engaged in crypto asset-related operations are compliant with relevant regulations and requirements.List of requirements to crypto businessesFurther in the…

The United Arab Emirates is approaching its 2021 deadline for migrating at least 50% of all government transactions onto distributed ledger technology-based platforms.Cointelegraph spoke to Leon Smith, the CEO of Dex — an Abu Dhabi-based crypto firm that has been issued with an in-principle approval ahead of the country’s forthcoming regulatory framework for crypto asset…

Ethereum-focused development firm ConsenSys becomes a premier member of blockchain development project Hyperledger, according to a press release shared with Cointelegraph.Software already submittedPer the release, ConsenSys also submitted its Pantheon Java-based Ethereum client to Hyperledger as the project ​Hyperledger Besu. Besu, which is reportedly the first public chain compatible blockchain submission to Hyperledger, is the…

To gain a deeper understanding of how professional investors feel about digital assets, Cointelegraph Consulting has published a 70+ page research report written by eight authors and supported by SIX Digital Exchange, BlockFi, Bitmain, Blocksize Capital, and Nexo. The Discovering Institutional Demand for Digital Assets report highlights which coins wealthy investors already own and which…

Brian Brooks has worked as Coinbase's chief legal officer, Acting Comptroller of the Currency, CEO of Binance.US, and CEO of Bitfury. 6 Total views 1 Total shares Brian Brooks, former Acting Comptroller of the Currency for the United States government, has joined the board of directors for crypto-focused asset manager Hashdex.In a July 20 announcement,…

The investment firm filed the application for its Bitcoin ETF with Canadian securities regulators in February. 352 Total views 61 Total shares Accelerate Financial Technologies is planning to match each investment in its pending Bitcoin exchange-traded fund with the planting of thousands of trees.According to a Friday report from Bloomberg, the Calgary-based investment services company…

Canada is one of the first countries to approve a Bitcoin ETF and is the fourth-largest nation in terms of hash rate. 1212 Total views 30 Total shares Cryptocurrencies like Bitcoin (BTC) do not pose any significant risk to the financial system at their current level of adoption, according to Bank of Canada deputy governor…