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Tag Archives: blockchain

New York State Department Of Financial Services Grants Virtual Currency License To Bitpay, Inc. Blog,CryptoMarkets

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New York State Department Of Financial Services Grants Virtual Currency License To Bitpay, Inc. Mondovisione Financial Services Superintendent Maria T. Vullo today announced that the New York State Department of Financial Services (DFS) has approved the application of BitPay, Inc. for a virtual currency license. BitPay is authorized to offer clearing and settlement services to merchants willing to accept payment in bitcoin or issue payments in bitcoin, and is the first wholesale payments processor to be approved for a license. /goo.gl/EBeKHx Coinbase Says It Has Green Light to List Coins Deemed Securities Lily Katz – Bloomberg SEC, Finra sign off…

Bitcoin Was Russian Hackers’ Currency of Choice, U.S. Says Blog,CryptoMarkets

Bitcoin Was Russian Hackers’ Currency of Choice, U.S. Says Lily Katz – Bloomberg Digital coin allegedly used for payments during election; 12 intelligence officers indicted by U.S. special counsel For years, Bitcoin believers have tried to distance the digital coin from the perception that it’s only used for criminal activity. New insights into Russian meddling in the U.S. election aren’t helping. /jlne.ws/2uD8r9Y Hong Kong launches blockchain-based trade finance Don Weinland – Financial Times Hong Kong’s de facto central bank will go live next month with a blockchain-backed trade finance platform set to link up with 21 banks, including HSBC and…

The Fight Over Mt. Gox’s Bitcoin Stash Blog,CryptoMarkets

crypto markets update 2

The Fight Over Mt. Gox’s Bitcoin Stash; Hundreds of thousands of Bitcoins went missing from the busted exchange. Who gets the leftover digital currency? Tom Redmond, Min Jeong Lee – Bloomberg An April 7, 2017, photo shows a sign informing customers that Bitcoin can be used for payment at a store in Tokyo. PHOTOGRAPHER: TORU YAMANAKA/GETTY IMAGES Mark Karpelès learned in June that he’s probably not going to become a Bitcoin billionaire. He calls that good news. If it had happened, he says, he would have been “one of the most hated people on Earth.” And Karpelès already has plenty…

US Treasury market structure could pose systemic risk John Lothian Newsletter,Newsletter

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First Read Hits & Takes JLN Staff Happy Friday the 13th! Yesterday I learned I will be having hip replacement surgery. Using the logic of the sooner the better, I have decided to have the surgery on August 2, which happens to be the last day of the MarketsWiki Education World of Opportunity series in Chicago. Needless to say, I will not be at the last day of the series. Someone from JLN will be filling in for me as master of ceremonies on that day. I should be back in action the next week, though working from home, as…

EU Parliament and ECB Taking a Look At Cryptocurrencies Blog,CryptoMarkets

Thom Thompson 475x300

Last week, which admittedly was a slow financial markets news week, headlines in the cryptocurrency press announced that a new EU report told officials not to ban bitcoin. Blockchain News said the report “. . . blasts economists who criticize cryptocurrencies.”  There was no blasting. While the report prepared by an EU policy department did provide some sound bites, it was one of five reports about central bank monetary policy toward virtual currencies that the EU Parliament had requested. If the briefing papers do guide the discussions, there is no reason to expect shifts in today’s slowly evolving bank regulatory…

Crypto Crime Is a Focus of Trump’s New Task Force on Consumer Fraud Blog,CryptoMarkets

fraud

Crypto Crime Is a Focus of Trump’s New Task Force on Consumer Fraud Benjamin Bain and David McLaughlin – Bloomberg Justice Department-led group will target digital currencies; Fraud against elderly and veterans will also be priorities In forming a new task force to protect consumers from fraud, the Trump administration made clear that one of the greatest threats to the public is just emerging: red-hot markets for crypto coins. /jlne.ws/2L6ePAz Accenture to lead The Institutes’ blockchain platform development Matthew Lerner – BusinessInsurance.com The Institutes RiskBlock Alliance, the insurance organization’s blockchain consortium, said that Accenture P.L.C. will lead development of RiskBlock’s…

The crypto-currencies that die before they have bloomed Blog,CryptoMarkets

The crypto-currencies that die before they have bloomed Rory Cellan-Jones – BBC It has been the biggest craze in investment of the last two years – the idea that creating your own crypto-currency through an Initial Coin Offering (ICO) is the route to riches. /jlne.ws/2m8IF9J Hackers steal $23.5 million from cryptocurrency exchange Bancor Stan Schroeder – Mashable Hackers attacked cryptocurrency exchange Bancor on Monday, compromising one of the company’s virtual wallets and stealing roughly $23.5 million worth of digital currencies. /jlne.ws/2m7QI6s London School Of Economics launches online certificate course about Cryptocurrency Investment and Disruption CryptoCurrency Guide RTT News reports that…

What’s Next for Bitcoin? Blog,CryptoMarkets

What’s Next for Bitcoin? Sam Mamudi, Olga Kharif, and Matthew Leising – Bloomberg Last year, Bitcoin led a motley pack of so-called cryptocurrencies in one of the great booms in market history, soaring over 2,000 percent to its peak. Since then, it’s led an epic bust that rivals the dot-com era stock market collapse. But there are still plenty of true believers. Here’s a guide for those feeling at sea in these turbulent digital waters. /jlne.ws/2mbBJsx Stacking Up Coin and Equity Offerings Insights.coinigy.com An overwhelming majority of projects selling tokens are not selling cryptocurrencies, but rather cryptoassets. That is, few…

EU Parliament and ECB Taking a Look At Cryptocurrencies Blog,Commentary,Feature,Regulation & Enforcement

Thom Thompson 475x300

Last week, which admittedly was a slow financial markets news week, headlines in the cryptocurrency press announced that a new EU report told officials not to ban bitcoin. Blockchain News said the report “. . . blasts economists who criticize cryptocurrencies.”  There was no blasting. While the report prepared by an EU policy department did provide some sound bites, it was one of five reports about central bank monetary policy toward virtual currencies that the EU Parliament had requested. If the briefing papers do guide the discussions, there is no reason to expect shifts in today’s slowly evolving bank regulatory…