UK’s finance watchdog defends ‘too tough’ crypto stance

The proposal is led by DFS Superintendent Adrienne Harris who is looking for public feedback on the move as the regulator looks to gain further oversight controls. Own this piece of crypto history Collect this article as NFTThe New York State Department of Financial Services (DFS) has submitted a proposed change in state laws that…

A consortium of companies launched a gold-backed token with the DGLD ticker on a Bitcoin (BTC) sidechain.Swiss financial news outlet AllNews reported on Oct. 15 that digital asset managers CoinShares and MKS, as well as wallet service provider Blockchain, announced the launch of the token. Its development took two years and the supply of the…

Although non-fungible tokens (NFTs) are most commonly known in the form of digital art, they exist in many other forms and represent much more than just art. In the creative industry, NFTs have been used by musicians such as Kings of Leon to release their latest album. In the sports industry, NFTs are created to record…

International agriculture giants, Agrocorp and Cargill, have traded $12 million worth of wheat from North America to Indonesia via the blockchain. The transaction was made via the Singapore-based blockchain platform dltledgers, which is based on Hyperledger Fabric. International cooperative bank Rabobank, ship owner Amarante, and shipping agent Transmarine, also partnered in the transaction.The trade settled on April…

The underlying premise of many video games might actually give people a core understanding of economics, especially in the crypto space.“As a kid, I played a lot of RuneScape,” crypto YouTuber and programmer Ivan on Tech said in a March 28 video.RuneScape is a medieval era fantasy game in which players interact with other live…

Blockchain-focused research lab Cryptic Labs has appointed two Nobel Prize economics laureates to its board in order to expand its blockchain expertise, the company announced in a press release Monday, September 10.Cryptic Labs, which says its mission is “solving fundamental security problems to advance the growth of blockchain technology,” appointed Dr. Eric S. Maskin and…

If there’s one thing that has no need of preservation on a blockchain, it’s the burbling thunder of William Shatner’s self-deprecating chuckle. You grew up with it — if you’ve ever owned a television it’s part of your cultural heritage. No matter how many years may go by between starring roles, it’s as familiar and comfortable…

BTC price action has its doubters after swiftly jumping to new May highs, but some see Bitcoin continuing upward momentum into price discovery.