No, Royal Bank of Canada Isn’t Opening a Crypto Exchange
Contrary to recent media reports, Canada’s largest bank is not opening a crypto exchange. Source
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Exchanges
UK Law Panel Defines Crypto Assets as Property
A panel of senior British judges and lawyers has moved to clarify the legal status of cryptocurrencies and smart contracts. Source
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US Crypto Firms Will Soon Have Another Banking Option
U.K.-based Cashaa, which describes itself as a banking service platform, is about to launch bank accounts for stateside crypto firms denominated in U.S. dollars. Source
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Visa R&D Arm Develops a Blockchain System That Could Replace Financial Data Aggregators
Visa has been quietly developing a blockchain system that could upend how banks transfer data to consumer financial apps like Mint and Credit Karma. Source
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This Tiny Crypto Startup Has Lessons for Libra’s ‘Unbanked’ Dreams
If Facebook’s Libra project truly aims to serve the globe’s 1.7 billion unbanked, Hong Kong-based Bitspark might offer some insights. Source
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Introducing the New CoinDesk.com
We’ve done a complete rebuild of our website. Our goal is to better integrate the journalism, data streams and events into one cohesive story. Source
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Crypto Derivatives: A Corner of the Market or the Market Itself?
Emmanuel Goh, CEO of skew.com, looks at the evolution of the crypto derivatives market, and what that says about the market overall. Source
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Alibaba Denies ‘Partnership’ With Lolli, Highlighting Crypto Industry Pitfalls
What really constitutes a "partnership" at the intersection of e-commerce and crypto? Source
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ConsenSys Strategy Chief Steps Down to Launch Venture Fund
ConsenSys CSO Sam Cassatt is stepping down to open a new venture fund focused on "evolutionary changes in human behavior." Source
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German Regulator Orders ‘KaratGold Coin’ Issuer to Cease Operations
Two more governments have taken action against entities in the Karatbars ecosystem over sales of a purportedly gold-backed cryptocurrency. Source
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