Regulated Trader Templum Hosts Security Token Sale for Luxury Resort
Token trading platform Templum Markets has launched a sale of a token allowing accredited investors to buy shares in a popular Colorado resort.
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Crypto ‘Exchange of Exchanges’ ShortHop Expands to 7 US States
news ShortHop, an “exchange of exchanges” for cryptocurrency trading, has launched in seven additional U.S. states. Revealed exclusively to CoinDesk, the exchange and brokerage has opened for business in Indiana, Massachusetts, Nevada, New Jersey, Rhode Island, Arizona and Montana. The Wilmington, Del.-based ShortHop was already live in California, Washington and Illinois. While the exchange’s parent…
BlackRock’s Bitcoin ETF Snaps 71-Day Inflow Streak, Data Show
BlackRock's spot bitcoin ETF did not draw any investor money on Wednesday, the first such instance since the fund's inception three months ago.Inflows have slowed this month, taking the wind out of the bitcoin bull run.BlackRock’s spot bitcoin exchange-traded fund (ETF), which trades under the ticker IBIT on Nasdaq, fell out of favor on Wednesday
SEC Approves Spot Ether ETF Listing, Still Needs to Approve Issuers’ Filings
Ether ETFs took a major step toward becoming available in the U.S. as the SEC approved key regulatory filings.Just days ago, prospects for the ETFs looked bleak.Spot ether (ETH) exchange-traded funds took a giant leap toward reality on Thursday after the U.S. Securities and Exchange Commission approved key regulatory filings tied to them, a milestone
Why Bitmain Is Building the World’s Largest Bitcoin Mine in Rural Texas
feature The Takeaway Bitmain, the world’s largest maker of bitcoin-mining computers, chose an old Alcoa aluminum-smelting plant in Rockdale, Texas, for a new bitcoin mine. The Beijing company says the plant has an initial power size of 25 megawatts but will be expanded to 50 megawatts and potentially 300 megawatts. Texas has an abundance of…
Zooko Wilcox Envisions ‘Ambitious’ Changes for Zcash Cryptocurrency
feature “We’ve been working on zcash for about five years and I expect it will take five more before it reaches the level of flourishing that has been on our minds all along.” That’s Zooko Wilcox, CEO of Electric Coin Company (ECC) — the firm behind the privacy-focused cryptocurrency zcash. He made the comments about…
First North American Bitcoin ETF Approved by Canadian Securities Regulator
The Ontario Securities Commission gave its blessing Thursday.(Lucky-photographer/Shutterstock)Feb 12, 2021 at 12:36 a.m. UTCFirst North American Bitcoin ETF Approved by Canadian Securities RegulatorThe first bitcoin exchange-traded fund (ETF) in North America has been given the go-ahead by Canada’s financial regulator.According to a decision document on Thursday, the receipt of approval from the Ontario Securities Commission…
U.S. Fed’s Vice Chair Barr Says CBDC Decision Still a ‘Long Way’ Off
The U.S. is far from making any decision on a central bank digital currency (CBDC), said Federal Reserve Vice Chairman Michael Barr, who described the Fed as still being in the “basic research” phase.“Investigation and research are very different from decision making about next steps in terms of payments system development, and we are a
U.S. Treasury Issues Crypto Tax Regime For 2025, Delays Rules for Non-Custodians
The U.S. Department of the Treasury's Internal Revenue Service will require crypto brokers to file 1099 forms like their traditional investment-firm cousins, but decentralized finance (DeFi) operations and non-hosted wallet providers will have to wait for their own rule later in the year. The rule released Friday will go into effect for transactions starting in