Western Union Suspends US Dollar Transfers to Cuba

Jul 22, 2020 at 16:32 UTCBlockchain Bites: Coinsquare Conclusion, Ethereum Fees and a GPT-3 PoetAustralian blockchain startups are taking tech giants to court for banning crypto advertisements during the ICO boom, Coinsquare executives have settled over accusations of wash trading and South Korea is mulling increased taxes on crypto profits. You’re reading Blockchain Bites, the daily…

Bitcoin rose toward $62,000 as the first U.S. futures-based bitcoin exchange-traded product (ETF) was set to go live this week. The world’s largest cryptocurrency by market capitalization was up about 2% over the past 24 hours as the total crypto market cap reached an all-time high near $2.5 trillion on Monday.Most of the price rally…

The announcement reflects mounting interest in the technology from traditional financial markets, including for post-trade infrastructure that finalizes deals struck in trading venues. Euroclear, a Brussels-based firm that specializes in clearing and settlement, is set to release a new platform for DLT-based bond trading shortly, and Forge, the crypto arm of French bank Societe Generale,…

Grayscale is seeking approval from the SEC to introduce the Grayscale Bitcoin Mini Trust, seeded by a percentage of GBTC shares.The Grayscale Bitcoin Mini Trust (BTC) will have lower fees and moving over from GBTC will not trigger a capital gains tax event.The fees, which are not being disclosed at this time, will be competitive

A Wyre integration will introduce a variety of APIs that can be used by financial apps on the Stellar network.(Shutterstock)Jan 26, 2021 at 1:02 p.m. UTCStellar Development Foundation Invests $5M in Crypto Payments Firm WyreThe Stellar Development Foundation has invested in blockchain payments company Wyre to boost support for financial applications in the Stellar ecosystem.The…

news A county in the blockchain-friendly state of Wyoming is planning to put its land registry on a distributed ledger. Teton County (pop. 23,265 ), which includes the town of Jackson and part of Yellowstone National Park, has signed a memorandum of understanding (MOU) with Medici Land Governance (MLG). The startup,  majority-owned by Overstock.com’s blockchain investment arm…

news Korea Blockchain Evaluation, a company that issues ratings on blockchain projects, began operations on Sept. 25, according to a report from the Cheongnyeon Ilbo and other local media. The company believes that investors are harmed by the lack of information on blockchain projects and weak regulations. It added that professional, arms-length analysis using objective…

Dec 15, 2019 at 15:00 UTCUpdated Dec 15, 2019 at 14:42 UTCGalen Danziger, MouseBelt CTOThis post is part of CoinDesk's 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Galen Danziger is the chief technology officer at the MouseBelt Blockchain Accelerator.With startups and Fortune…

The Department of Justice (DOJ) has chosen a London-based consulting firm for a coveted three-year monitorship of Binance, according to a Friday report from Bloomberg citing anonymous sources.As part of Binance’s plea deal with the DOJ earlier this year, the crypto exchange agreed to pay $4.3 billion in fines and appoint an independent compliance monitor.