A purported cryptocurrency and foreign exchange investment firm is in hot water with the U.S. Commodity Futures Trading Commission (CFTC) and stands accused of operating like a Ponzi scheme. In a press releaseRead More…
A member of the Federal Reserve’s Board of Governors has said that Facebook’s Libra could pose risks to consumers due to a lack of clarity over their rights with respect to theRead More…
A French central banker is calling for a global regulatory framework on crypto assets. In a speech at an Official Monetary and Financial Institutions Forum (OMFIF) meeting in London on Tuesday, DenisRead More…
United States law enforcement agencies analyzed Bitcoin (BTC) transactions to locate and subsequently shut down a global child pornography site. Per an Oct. 16 press release, the U.S. Department of Justice announcedRead More…
Analysts at RBC Capital Markets have suggested that stifling Facebook’s Libra may leave the field open to China’s central bank digital currency (CBDC) to dominate in emerging economies. China shifts development ofRead More…
XRP has been on the offensive, having ended a 3.5-month-long downtrend with a move to three-week highs. The world’s third-largest cryptocurrency by market capitalization clocked a high of $0.2993 Tuesday, the highestRead More…
The Oxford English Dictionary (OED) announced on Oct. 9 that it added the word “Satoshi,” Bitcoin’s (BTC) smallest unit. In the update published on the firm’s blog, OED notes that the wordRead More…
A senior executive at Big Four auditor Ernst & Young (EY) thinks blockchain will revolutionize commerce – if the community can solve its privacy issues. [embedded content] “Blockchain is going to beRead More…
New York-based digital asset management fund Grayscale Investments has received regulatory approval to publicly quote the shares of its diversified cryptocurrency fund. First publicly-quoted diversified crypto fund Grayscale was approved by theRead More…
U.S. Treasury Secretary Steven Mnuchin said backers of Facebook’s cryptocurrency Libra dropped out of the project over concerns that the stablecoin project would not meet regulatory standards. Speaking on CNBC, Mnuchin saidRead More…