Hong Kong ATMs Must Be Excluded From Coming AML Regulations, Group Says

Crypto advocate, lawyer and author of “CryptoDad: The Fight for the Future of Money” J. Christopher Giancarlo will help direct the stablecoin issuer Paxos.The former head of the Commodity Futures Trading Commission has been a longtime advocate of crypto, which was one of the reasons behind his French knighthood.Paxos has added J. Christopher Giancarlo, a

news ICONLOOP, a South Korean blockchain startup that provides digital identification services, received its first venture capital investment through an $8 million Series A funding round, the company said. ICONLOOP is a subsidiary of DAYLI Financial Group, one of the largest fintech companies in Asia. The financing round was led by the quasi-government agency Korea Technology…

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Eliza Gkritsi is CoinDesk's crypto mining reporter based in Asia.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Bitcoin miner Mawson Infrastructure (MIGI) said it agreed to sell its sites in Texas to a…

Dec 6, 2020 at 2:00 p.m. UTC(Jemal Countess/Getty Images Entertainment)Niall Ferguson on Why Bitcoin and China Are Winning the Monetary RevolutionThe well-known economic historian connects the dots between bitcoin and CBDCs in the COVID-19 money era.For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google…

Convicts on parole in the southern Chinese city of Zhongshan can now find themselves being tracked over a blockchain network. The justice department of Zhongshan says it has launched a blockchain-based system that can monitor the movements of ex-prisoners to improve the quality of so-called "community correction," a local media source reported on Thursday. The technology…

Ether, the second largest cryptocurrency in market capitalization, was recently changing hands at about $1,731, down 3% from Sunday, same time. Other cryptos among the top 25 by market value were largely in the red, with APT, the token of layer 1 network Aptos, and MATIC, the native crypto of layer 2 platform Polygon recently…

Some are now forecasting an extension of Monday's 20% price drop as more bitcoin moves onto exchanges and institutional demand cools.Bitcoin prices over the last 24 hours(CoinDesk 20)Jan 13, 2021 at 12:13 p.m. UTCUpdated Jan 13, 2021 at 12:34 p.m. UTCAnalysts Are Gloomy About Bitcoin’s Short-Term Price Outlook Right NowThe near-term outlook for bitcoin has…

The rebranded Libra network aims to come out with an initial product around the end of this quarter, with help from Fireblocks and First Digital Assets.Diem Association Executive Vice President Dante Disparte(CoinDesk archives)Feb 16, 2021 at 2:01 p.m. UTCUpdated Feb 16, 2021 at 2:04 p.m. UTCDiem Stablecoin Prepares for Liftoff With Fireblocks Custody PartnershipCrypto custodian…

A recent report published by the New York Office of the Attorney General (OAG), which claimed several cryptocurrency exchanges it investigated are vulnerable to market manipulation, has drawn backlash from industry players. In a blog post published Thursday, Coinbase's chief policy officer, Mike Lempres, wrote that the OAG's assertions in the report have led to misrepresentation of…