Hong Kong Bitcoin ETFs top $250M AUM
For the Hong Kong-based spot Bitcoin ETFs to compete with their US counterparts, they will need to attract more retail and institutional investors.
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FinCEN acting director says PATRIOT Act provision isn’t ‘right sized’ for crypto enforcement
Him Das said FinCEN’s current authority under the PATRIOT Act would likely not stop actors from engaging in illicit transactions for ransomware attacks and darknet markets. 211 Total views 29 Total shares Him Das, the acting director of the United States Financial Crimes Enforcement Network, or FinCEN, said some of the government bureau’s tools to…
CME Ethereum futures go live, Bitcoin caps its best week ever: 5 things to watch this week
Bitcoin (BTC) bulls seem firmly in the driving seat this week as the largest cryptocurrency begins Monday at near $40,000.After climbing through much of the previous week’s trading, BTC/USD is now up 15% compared to seven days ago — what’s next?Cointelegraph takes a look at five factors which may influence where Bitcoin heads in the…
How much intrigue is behind Kusama’s parachain auctions?
Eleven projects joined the race when Kusama parachain auctions started on June 15. A few more got in during the latter auctions of the first batch. With impressive gains to the tune of 900,000 KSM (approximately $180 million, at the time of writing), are Kusama auctions still fair and democratic, or is everything already decided…
Kevin O’Leary doesn’t rule out criminal charges for Binance
Kevin O’Leary said the Securities and Exchange Commission levied some “serious” allegations in the 136-page charging document the agency issued against Binance on June 5, telling Cointelegraph in an interview that he believes founder and CEO Changpeng Zhao is in a “tough” spot.O’Leary, a venture capitalist and CNBC personality known more colorfully as “Mr. Wonderful,”…
JP Morgan Identifies Three Companies Whose Stock Could Benefit From Blockchain
Investment bank and financial services firm J.P. Morgan Chase has identified three public companies whose stock it believes will benefit from their applications of blockchain technology, CNBC reported Nov. 8.In a note to clients, J.P. Morgan reportedly forecast that IT companies will deploy blockchain in the same way that many firms claim to benefit from…
US Secretary of State Wants to Regulate BTC Like Other E-Transactions
United States Secretary of State Mike Pompeo believes that Bitcoin (BTC) should be regulated the same way as other electronic financial transactions.Security risks of reduced governmental monitoringIn an interview on Squawk Box on Aug. 20, Pompeo pointed out the risk of anonymous transactions associated with crypto, saying:“The risk with anonymous transactions is one that we…
Big Four Auditing Firm Deloitte Allows Staff to Pay Lunch in Bitcoin
Big Four auditing firm Deloitte is now allowing its staff to pay for food in the cantine using a mobile Bitcoin (BTC) wallet.English-language local news outlet Luxembourg Times reported on Sept. 17 that Deloitte is testing Bitcoin among its employees to “see how the audit giant could use the cryptocurrency.” Partner at the advisory arm of…
Cryptocurrencies Used to Buy Illicit Drugs, Says White House
On Aug. 21, the White House issued two advisories regarding illicit drug purchases in the United States that contain references to the specific cryptocurrencies allegedly used as a part of this process.The advisories were addressed to various financial institutions as well as digital payments platforms. The documents state:“An analysis of sensitive financial data indicates that…