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Xentavo Bets Big on Blockchain for Small Countries

Xentavo, a Miami-based startup, wants to convince Belize, the Dominican Republic and other small countries to use blockchain for government services and eventually create their own...

UK’s FCA Issues Guidance To Banks Detailing Cryptocurrency Dangers

In an open letter on June 11, 2018, the Financial Conduct Authority (FCA) has issued guidance to banks on “good practice” for handling the...

FATF To Consider Binding Rules For Cryptocurrency Exchanges

Later this month, the Financial Action Task Force will review whether its June 2015 guidelines for cryptocurrency exchanges remain sufficient. FATF may opt for...

An Old Crime in New Clothes: Hackers Demanding Bitcoin Ransom

The threat of blackmail never really goes away. It’s just now the bad guys want their anonymous payments in bitcoin (BTC). In a Distributed Denial...

Lithuania Issues ICO Guidelines, Deems Tokens To Be Securities

On Friday, the Ministry of Finance for Lithuania released guidelines covering initial coin offerings (ICOs). The report outlines the characteristics of ICOs and tokens,...

Wells Fargo Says No To Credit Card Crypto Procurement

Wells Fargo bans customers from buying crypto with their Wells Fargo credit cards over fears of non-payment due to price volatility.In yet another example...

Ripple $50 Million Grant Puts Universities to Work on Blockchain

Others, however, are focused more broadly on putting the technology to work. At the University of Pennsylvania, for instance, the engineering school and the...

CFTC Subpoenas Cryptocurrency Exchanges In Bitcoin Futures Investigation

Bitstamp, Coinbase, itBit, and Kraken were targeted. The future’s looking a bit dim.Due to suspicions of market manipulation that may impact the final settlement...

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Virtu, M1X, Tradeweb settle first onchain repo using sovereign bond

Virtu Financial, M1X Global, and Tradeweb completed an onchain repo transaction using a sovereign digital bond as collateral on...

Ledger denies hack claim over patched Ethereum app bug

Researchers at OneKey reproduced a transaction-replacement attack against Ledger's Ethereum app version 1.22.1Ledger states it patched the vulnerability in...

CIMB Islamic settles tokenized sukuk with tokenized deposits

CIMB Islamic Bank completed a pilot settling a tokenized sukuk using tokenized deposits from institutional investors.The pilot involved a...

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Reducing bitcoin’s supply: 550 BTC now locked up as WBTC

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Coinbase Legal Chief Testifies Before Congress on Regulatory Barriers Between Banks and Crypto

Coinbase's chief lawyer testified about regulatory barriers between banks...