German Finance Minister Says He Does Not Support Private Cryptos: Report

news Mark Karpeles, former CEO of the early bitcoin exchange Mt. Gox, must face a class action lawsuit brought in Philadelphia over the firm’s collapse in 2014. According to a Reuters report on Monday, District Judge Robert Kelly has refused Karpeles’ request to dismiss the suit, which alleges that the former CEO had concealed issues at the exchange…

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Jamie Crawley is a CoinDesk news reporter based in London.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Web3 platform Lisk has unveiled an accelerator program which will offer grants of up to 250,000…

Aug 25, 2020 at 08:30 UTCSydney, Australia (Taras Vyshnya/Shutterstock) After a dramatic arrest, an Australian serial conman has been extradited to New South Wales to face fraud charges involving over $1 million in bitcoin. A Tuesday report by The Sydney Morning Herald said Peter Foster had been escorted by detectives to Sydney, NSW, from Queensland…

Ranked No. 9 overall, Ausin was the 3rd U.S. hub on our list, coming behind Wyoming and Silicon Valley, California. Many of the Crypto Hubs’ criteria were measured on a national basis, so all of the U.S. hubs were hampered by a middling crypto regulatory score, which counted for 35% of the total ranking calculation.…

Jenny JohnsonPresident and CEOFranklin TempletonJenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon...Jenny JohnsonPresident and CEOFranklin TempletonJenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon...Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe.…

Quarterly stablecoin circulating supply growth since 2016Nearly $8 billion were added to the aggregate supply of stablecoins in the past three months, nearly doubling the industry’s supply of crypto dollars from $11.9B at the end of Q2 to just below $20B on Wednesday, according to Coin Metrics data.“2020 seems to be the year of stablecoins,”…

markets With the supply of new coins to be halved in less than five weeks, litecoin is outpacing its peers. The fourth-largest cryptocurrency by market capitalization is currently trading at $123, representing 5 percent gains on a seven-day basis, according to data source CoinMarketCap. Meanwhile, bitcoin, the top cryptocurrency by market value, is currently reporting a…

Jan 27, 2020 at 21:05 UTCUpdated Jan 27, 2020 at 21:10 UTC“It doesn’t matter what technology you are using," said BoE exec Christina Segal-Knowles. "Same risk, same regulation.” Image via ShutterstockBank of England’s Stablecoin Ruling Targets Financial Stability, Exec SaysFinancial stability was a key factor in the Bank of England's decision to hold stablecoin payment…

news Social media giant Facebook may reveal its own cryptocurrency later this month. According to a report from The Information on Wednesday, Facebook is poised to unveil the token – reportedly called GlobalCoin – to the public later in June.  GlobalCoin is apparently aimed to allow users to make transactions via the social media platform, and might also…