104 Articles 1 Followers
1 Oct 2020 1 minute read 0 comments author_nan
On September 30, a U.S. district judge for the Southern District of New York ruled that messaging app KIK’s $100 million token sale held in 2017 violated securities law. The judge said that the KIK token met all of the criteria of the Howey test, wh...
21 Sep 2020 1 minute read 0 comments author_nan
Governor of Wyoming Mark Gordon has revealed via Twitter on September 17 that the US state had become the first to approve a banking charter for digital assets. Several Wyoming officials, including House Representatives, Senate Minority Leader Chri...
17 Sep 2020 1 minute read 7 comments author_nan
The United States Internal Revenue Service is offering a bounty of up to $625,000 to individuals who are successfully able to breach the privacy protocol of Monero (XMR), according to a proposal published in early September. The proposal asks for su...
17 Sep 2020 1 minute read 1 comment author_nan
San Francisco based exchange Kraken has received approval from the Wyoming Banking Board to serve as a special purpose depository institution (SPDI), according to an announcement made on September 16. The approval makes Kraken the first crypto exch...
1 Sep 2020 1 minute read 0 comments author_nan
Binance’s debit card is set to arrive in the United States soon following a partnership with American banking institution Evolve Bank & Trust that was announced on August 31. The partnership with Evolve Bank & Trust will make direct dollar deposits...
14 Aug 2020 1 minute read 1 comment author_nan
San Francisco based exchange Coinbase on August 13 announced that it would soon allow users to borrow up to 30% in cash against their Bitcoin (BTC) holdings. Users from select states can join a waitlist for the feature; available in 17 states The f...
14 Aug 2020 1 minute read 0 comments author_nan
United States Federal Reserve Board Governor Lael Brainard on August 13 said that the central bank was experimenting with distributed ledger technology (DLT) and looking into the possibility of a digital dollar. In a speech titled “An update on digi...
13 Aug 2020 1 minute read 0 comments author_nan
Digital asset management firm Grayscale Investments on August 10 launched a cryptocurrency commercial which was aired on major news networks in the United States. This is the second time that Grayscale has launched a TV advertisement campaign for cry...
1 Aug 2020 2 minute read 1 comment DHEagle
The Currency Control Office (OCC), which is responsible for the supervision of banks in the United States, has given green light to national banks to hold cryptocurrencies on behalf of their customers. The cryptocurrency sector enthusiastically welco...
25 Jul 2020 1 minute read 0 comments DHEagle
In the case between the United States and the defendant Larry Dean Harmon, court president Beryl A. Howell has ruled that Bitcoin is a form of money. As stated by Bloomberg, Howell, the term "Money" usually means a medium of exchange, method of payme...
