SEC Rejects 9 Bitcoin ETF Proposals

Sep 9, 2020 at 19:45 UTCUpdated Sep 9, 2020 at 19:56 UTCTwetch, a micropayment-based social network that runs on the Bitcoin SV blockchain, has introduced an encrypted direct-messaging function that lets users send each other money in the chat. Released Wednesday, Twetch Chat adds a layer of privacy and security to the Twitter alternative and is in…

NEWS Christine Lagarde, managing director and chairwoman of the International Monetary Fund (IMF), has encouraged the “exploration” of central bank digital currencies (CBDCs) in the light of decreasing demand for cash and rising preference for digital money. In a prepared speech for the Singapore Fintech Festival on Wednesday, Lagarde said: “I believe we should consider…

news Jon Montrol, the operator of defunct bitcoin-denominated trading platform BitFunder and WeExchange deposit service, was sentenced for securities fraud and obstruction of justice, according to a statement from the Southern District of New York. Montrol, of Saginaw, Texas, also known as Ukyo, will serve 14 months in prison for defrauding investors of his “Ukyo.Loan”…

news Japanese crypto exchange Bitpoint is resuming some trading services following a $28 million hack in mid-July. Bitpoint is re-opening cash deposits and withdrawals in fiat currencies on August 6th following a safety assessment of the exchange’s cryptocurrency wallet. According to CoinDesk Japan, the hacked wallet is no longer in use and therefore not under…

CoinFlip plans to continue adding coins as it rapidly expands its own ATM network, which already has clearance to run in over 40 states. Image via CoinFlipCoinFlip Lists Stellar’s XLM on its 450 Crypto ATMsCryptocurrency ATM startup CoinFlip now allows customers to purchase Stellar Lumens (XLM) from its network of machines, according to co-founder and…

news Bitcoin might become “digital gold,” but first it needs to be used more in everyday business, Intercontinental Exchange’s chief executive said. During a quarterly earnings call Thursday, ICE head Jeffrey Sprecher said that he sees use in transactions as the prerequisite to bitcoin becoming a long-term store of value. The company’s Bakkt subsidiary, which runs…

Oct 23, 2020 at 13:48 UTCUpdated Oct 23, 2020 at 14:44 UTCElvira Nabiullina, Bank of Russia chief (Screenshot of the press conference)Digital Ruble ‘Promising,’ Pilot Likely in 2021, Says Bank of Russia ChiefMOSCOW – Russia’s central bank might pilot its own central bank digital currency (CBDC) at the end of 2021, said the Bank of…

This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest PricesTop StoriesRepresentatives from BlackRock (BLK), Nasdaq and the Securities and Exchange Commission (SEC) met for the second time in a month to discuss rule changes that are

Oct 13, 2020 at 13:23 UTCUpdated Oct 13, 2020 at 13:29 UTCThe Bank of Russia – the central bank of Russia – said it’s exploring the possibilities of issuing the central bank digital currency (CBDC) – the digital ruble.In an advisory report, the Russian central bank said it doesn't see the digital ruble as a…