SBI Holdings Again Invests in Crypto Exchange Under Scrutiny

The House Financial Services Committee is sending another crypto-related bill to the floor, this time legislation meant to head off a U.S. CBDC.The committee’s top Democrat accused Republicans of getting in the way of innovation with partisan legislation.A crypto-related bill meant to stifle a future U.S. central bank digital currency is now heading toward consideration

Oct 16, 2020 at 19:35 UTCRipple, the U.S.-based currency exchange and remittance network, is donating $10 million to Mercy Corps, a humanitarian aid non-profit, to “expand financial inclusion and increase economic empowerment globally.”  Ripple, through a non-profit unit, works with non-government organizations, universities and industry partners to “bring the 1.7 billion unbanked adults into a modernized,…

The Securities and Exchange Commission filed a cease-and-desist against crypto exchange ShapeShift, barring it from operating as an unregistered dealer in the U.S. that listed crypto securities.ShapeShift offered to settle the charges, which the SEC said it accepted.The U.S. Securities and Exchange Commission filed a cease-and-desist against ShapeShift, a crypto exchange that previously operated out

news Someone attempted to tamper with West Virginia’s blockchain-based voting pilot. Disclosed for the first time via public address on Wednesday, West Virginia Secretary of State, Mac Warner, said there was an unsuccessful attempt to breach the pilot program, dubbed the “military mobile voting solution,” during the 2018 election cycle. Though specifics cannot be revealed while…

A new wallet address that went from zero to holding over 10,000 bitcoin (BTC) since the start of November has been identified as belonging to crypto exchange BitMEX.The rapid accumulation led to speculation it could be a new entity buying bitcoin, especially amid a flurry of spot bitcoin exchange-traded fund (ETF) filings in the U.S.On-chain

The rapidly rising validator count on the Ethereum blockchain following the Shapella upgrade in April last year is causing concerns about technical capacity and centralization, Fidelity Digital Assets wrote in a research report on Thursday. Fidelity noted that “with the lowered risk from increased liquidity, the active validator count has risen by 74%,” and said

A string of cryptocurrency news outlets reported that HSBC Hong Kong is giving its customers access to bitcoin (BTC) and ether (ETH) exchange-traded funds on Monday.The news was first reported by crypto journalist Colin Wu and reproduced by a number of different sites, including The Block.However, this appears to be something of an overreaction. HSBC's…

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Good morning. Here’s what’s happening:Prices: Regulatory clarity is required for bitcoin to push past $30,000.Insights: Where is the utility in Web3?Bitcoin (BTC) is beginning the Asia trading day at $29,786, up 2% on-day, while ether (ETH) is trading at $1,855, up 1.3%.Bitcoin’s volatility continues to be at a record low, Vivien Fang, head of trading…