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Tag Archives: cryptocurrency

Indian supreme court to rule on cryptocurrency case on Sept. 11 Blog,CryptoMarkets

crypto markets update 2

Indian supreme court to rule on cryptocurrency case on Sept. 11 Nupur Anand – Quartz The wait continues for Indian cryptocurrency exchanges. On July 20, after a short hearing, India’s supreme court set Sept. 11 as the date for the final hearing. The court will also pronounce the verdict at the end of those hearings—in the cases filed by the bourses against the Reserve Bank of India (RBI). /goo.gl/8up6Yg Operator of shuttered bitcoin platform pleads guilty to U.S charges Brendan Pierson – Reuters The operator of a shuttered bitcoin-denominated exchange pleaded guilty on Monday to federal charges that he defrauded…

trueDigital Launches Bitcoin and Ether Reference Rates and Indices Blog,CryptoMarkets

crypto markets update 2

trueDigital Launches Bitcoin and Ether Reference Rates and Indices; Provides the transparency and confidence needed to enable institutional-grade derivative products trueDigital Holdings trueDigital Holdings (“TDH”), a leading developer of institutional-grade digital asset trading solutions, has partnered with 10 liquidity providers and contributors including Genesis Global Trading, XBTO Group, Circle, DV Chain, Hehmeyer and Altonomy to create the first market maker based Bitcoin and Ether pricing indices. The launch of the trueDigital Bitcoin and Ether reference rates sets a new standard for the digital asset market and allays common concerns about the robustness and lack of transparency inherent in retail exchange-based…

Derivatives veteran and market makers combine to launch cryptocurrency reference rates Blog,CryptoMarkets

Derivatives veteran and market makers combine to launch cryptocurrency reference rates; Bitcoin and Ether reference rates and indices launched by cryptocurrency liquidity providers and trueDigital Holdings. Jon Watkins – The Trade A new set of Bitcoin and Ether reference rates and indices have been launched by trueDigital and 10 market makers including Genesis Global Trading, Circle and Hehmeyer. /jlne.ws/2LoD3X3 Surrey Police get budget boost after £1.25m bitcoin seizure Caroline Binham – Financial Times Surrey Police has become the first UK force to seize and convert bitcoin as part of a criminal probe, netting £1.25m worth of the cryptocurrency, some of…

Former CFTC chairman says underlying crypto cash market is ‘a mess’ Blog,CryptoMarkets

Former CFTC chairman says underlying crypto cash market is ‘a mess’; Gary Gensler urges US financial authorities to decide which regulator should regulate crypto markets. Hayley McDowell – The Trade Crypto The former chairman of the top US derivatives watchdog has urged Congress to establish who should regulate the cryptocurrency cash market which underlines securities and derivatives. /jlne.ws/2uMq7jm Mastercard Wins Patent for Speeding Up Crypto Payments Christine Kim – Coindesk Mastercard won a U.S. patent on Tuesday for a method of speeding up cryptocurrency payments. The document, published July 17 by the U.S. Patent and Trademark Office (USPTO), explains that…

Lost your bitcoin password? Call in the crypto-hunters Blog,CryptoMarkets

Lost your bitcoin password? Call in the crypto-hunters; About $25bn worth of bitcoin is floating out there in the ether, lost or ‘probably lost’ Hannah Murphy – Financial Times Three-and-a-half years ago, Roger Ver, a bitcoin evangelist so vocal in his support for the cryptocurrency that he was nicknamed the Bitcoin Jesus, showed me how to set up my own online bitcoin wallet. He rounded off his demonstration by giving me £5 worth of the currency. One day, he said, my holdings would be worth more than £1,000. /goo.gl/XTwxGH Coinbase Says It Was Wrong About SEC Approval of Acquisitions Lily…

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

crypto markets update 2

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…

Building a Compliant Crypto Consortium Mwiki,Video,video

Everyone who has a stake in cryptocurrency right now has one thing on the mind: regulation. The SEC and CFTC are scrambling to find a way to define and regulate cryptocurrencies. Whether you’re cheering them on, booing, or tapping your foot impatiently, the next zeitgeist for the global crypto markets will depend on how regulators resolve the current challenges surrounding digital asset trading. Enter OpenFinance Network (OFN): a digital asset trading platform for the next stage in the crypto market’s evolution. CEO Juan Hernandez sat down with John Lothian News to discuss how OFN is striving to fill the gaps…

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

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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…