MicroStrategy Adds to Bitcoin Trove With Another $10M Purchase

Sep 16, 2020 at 02:00 UTC‘Sharing Economy’ Startup ShareRing Tapped for China’s Blockchain Service NetworkShareRing, a blockchain-powered platform for the “sharing economy” pioneered by the likes of Uber and Lyft, was picked to join China’s state-backed blockchain initiative, the Blockchain Service Network (BSN).  According to a press release emailed to CoinDesk, ShareRing has developed a…

NFT providers may need to be registered with the Financial Conduct Authority, the Treasury said in a consultation on money laundering regulations.NFTs are unlikely to be covered by the rules for financial services, which will have a separate authorization regime.The deadline for responses is June 9.Crypto businesses that issue non-fungible tokens (NFTs) in the U.K.

The U.S. Department of Justice is continuing its push to prevent FTX founder Sam Bankman-Fried from having a fair trial, defense attorneys charged in a filing pushing back against prosecutors' motion to disqualify proposed expert witness testimony.Prosecutors moved last month to block all seven of Bankman-Fried's proposed expert third-party witnesses from testifying, saying they may

Sep 11, 2020 at 16:52 UTCUpdated Sep 11, 2020 at 17:21 UTCMoney Reimagined: Ending Money’s Distance TrapFor Australians of my generation, historian Geoffrey Blainey’s phrase the “tyranny of distance” was the defining descriptor of our place in the world, a place that seemed awfully far from everyone else.  In September of 2020, with hundreds of…

Banks must disclose quantitative and qualitative information on their crypto activities, according to draft guidance published by international standard-setter the Basel Committee on Banking Supervision on Tuesday.The plans add to the hefty capital requirements already imposed by the committee to discourage banks from holding unbacked crypto such as bitcoin (BTC) and ether (ETH) following turmoil

Jan 5, 2021 at 5:37 p.m. UTCU.S. Treasury Secretary Steven Mnuchin. (Shutterstock)Blockchain Bites: JPMorgan’s $146K BTC Target, Crypto Responds to US Treasury’s Proposed Wallet RuleHello. A late night interpretative letter from the Office of the Comptroller of the Currency (OCC), the U.S.’ federal banking regulator, saying banks can act as stablecoin nodes was the juice…

In April, the U.S. Securities and Exchange Commission (SEC) reopened the comment period for proposed set of rules that would redefine various blockchain protocols as U.S. regulated securities exchanges, a second try at reining in decentralized finance (DeFi) from early 2022.The public has until Tuesday, June 13 to submit comments. And comment everyone should, because…

"Consensus by bet – that didn't work. Hub and spoke chains – that didn't work. Proof-of-proof-of-work – that didn't work. Hyper cube chains – that also didn't work!" Singing on stage alongside songwriter Jonathan Mann, ethereum founder Vitalik Buterin ended his keynote at Devcon4 in Prague on Wednesday, with a song that listed "the graveyard…

Jack Schickler is a CoinDesk reporter focused on crypto regulations, based in Brussels, Belgium. He doesn’t own any crypto.PARIS, France – Crypto companies fleeing U.S. regulatory uncertainty have been offered a welcome in France, by officials boasting a regulatory framework that offers relative predictability.The European Union member already boasts around 74 registered crypto companies –…