Robinhood, Revolut eye entry into stablecoin market — Report
Both Robinhood and Revolut are reportedly considering issuing their own stablecoins as the industry continues to expand.
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Germany: Bitcoin.de Crypto Exchange Operator to Acquire 100% of Investment Bank Tremmel
German holding company Bitcoin Group SE has acquired a 100 percent stake in investment bank Tremmel Wertpapierhandelsbank GmbH, Cointelegraph auf Deutsch reports today, Nov. 13.Bitcoin Group SE, based in Herford, Germany, operates what is reportedly the country’s only regulated crypto exchange, Bitcoin Deutschland AG, also referred to by its domain, Bitcoin.de. Upon acquisition of the…
SEC votes to simplify exempt offering rules for securities
"While each component in this patchwork system makes some sense in isolation, collectively, there is substantial room for improvement." 2052 Total views 27 Total shares The United States Securities and Exchange Commission voted to amend a set of rules to simplify and improve the "overly complex" procedures for exempt securities offerings.According to an announcement Monday…
Crypto lobby groups are gaining traction in Washington as the threat of regulatory bottleneck looms
The blockchain industry is looking to shed the negative association between digital assets and crime as the threat of additional regulatory oversight looms. 907 Total views 8 Total shares Crypto-focused lobby groups in Washington, D.C. are playing an increasingly vital role in reorienting policymakers away from the view that virtual currencies are used primarily for…
Blockchain Scam Raises Money by Pretending to Be Associated With the Olympics
The Chinese Olympic Committee announced on April 8 that it’s repeatedly received complaints about illegal marketing pertaining to the upcoming Olympic Games.People claiming to be part of the so-called “World Olympic Sports Foundation” say they’re using blockchain technology to help people invest in special products and other commercial developments pertaining to the Olympics. But that…
Signum Digital scores approval to offer security tokens in Hong Kong
Hong Kong’s Security and Futures Commission greenlights Signum Digital to offer security tokens in the city after inviting applications for virtual asset trading licenses. 155 Total views 2 Total shares Own this piece of history Collect this article as an NFTSignum Digital, a joint venture of Coinstreet and Somerley, has announced that it has received…
Credit unions warn about the cost of developing a CBDC
A lobby group suggests supporting the credit union engagement instead, applicating consumer protection rights to digital assets holders. 78 Total views 32 Total shares A United States-based lobbying group has raised a voice against developing a central bank digital currency (CBDC) in the United States. The National Association of Federally-Insured Credit Unions (NAFCU) believes the…
Invesco files with SEC for Bitcoin ETF without direct BTC exposure
The Invesco Bitcoin Strategy ETF may “at times” invest in Bitcoin ETFs listed outside of the United States. 318 Total views 126 Total shares Atlanta-based investment company Invesco is planning to launch a new Bitcoin (BTC) exchange-traded fund, or ETF, that will not invest in BTC directly.On Wednesday, Invesco filed an application with the United…
The Dangers of Mining Pools: Centralization and Security Issues
The larger percentage of cryptocurrency enthusiasts that turn to mining pools, all the more dangerous this kind of mining is likely to become. The reason is simple: The potential rewards grow in correspondence with the number of participants and their hash power, and so too does the incentive to profit from it in less-than-legal or…