Vitalik Buterin endorses Celo for beating Tron in stablecoin addresses

The working group sends a strong signal that cryptocurrencies are becoming a permanent fixture in the global financial system. 823 Total views 4 Total shares The World Economic Forum’s cryptocurrency working group published its inaugural review on Thursday — its first step in communicating the application of digital assets in finance and beyond.In a 38-page…

While cryptocurrency markets are experiencing another crash this Monday, major digital asset platform Bakkt has some good news.Referred to as one of the most promising crypto-related initiatives for its physically settled Bitcoin (BTC) futures, Bakkt has now raised an additional $300 million to continue developing digital asset-focused services, the firm’s new CEO Mike Blandina announced…

Malaysian cryptocurrency regulation comes into effect on Tuesday, Reuters reports on Monday, Jan. 14.The Malaysian finance minister, Lim Guan Eng, reportedly said today that the Capital Markets and Services Order 2019 would become effective on Jan. 15. According to Reuters, the new regulation classifies digital currencies, tokens and crypto-assets as securities, placing them under the…

Abra announced its international venture and U.S. bank would work with officials to ensure regulatory and legal compliance and planned to launch in 2022 and 2023, respectively. 353 Total views 6 Total shares Cryptocurrency trading platform Abra said it was “in the process of” establishing a United States-based state-chartered bank allowing clients to deposit digital…

Virgil Griffith, a former Ethereum (ETH) developer has been sentenced to 63 months in prison and will pay a fine of $100,000 for attending a conference and assisting North Korea use blockchain technology in contravention of economic sanctions imposed by the United States.On Tuesday, April 12, U.S. District Judge Kevin Castel of the Southern District…

Venture capital firm Andreessen Horowitz (a16z) is launching a free, seven-week crypto startup school, scheduled to kick off in February 2020. The firm — well-known for its investments in crypto industry names such as Coinbase and Ripple — publicly announced the program on Nov. 8.Free materials online for the general publicAccording to the announcement, the program…

The US Federal Reserve is expected to begin lowering its benchmark interest rate in September.