Wednesday, December 12, 2018
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New York Financial Regulators Approve Blockchain Payments System

The Department of Financial Services of New York (NYDFS) has authorized a blockchain-based digital platform offered by a local bank, an official NYDFS press release states Dec. 4.NYDFS superintendent Maria T. Vullo announced today that the department authorized New York-based Signature Bank to offer its digital payment platform Signet in

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SEC Chairman Jay Clayton Reveals Why The Regulator Will Not Approve A Bitcoin ETF

Jay Clayton, the Chairman of the US Securities and Exchange Commission (SEC), mentioned at a conference in New York that it’s unlikely for regulators to approve a Bitcoin Exchange Traded Fund (ETF) anytime soon. According to UK Business Insider’s Article published on November 28, 2018, Clayton believes that the current

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Islamic Scholars Approve Swiss-Based Value Preservation Payment Token X8X

X8 AG, a Switzerland-based blockchain technology company and creator of value preservation payment token X8X, has obtained the approval from Islamic scholars in order to be marketed as a Sharia-compliant digital currency. The certification will allow the business to expand in the Middle East as regulators and financial exchange in

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Crypto Week In Review: China, Japan, U.S. Regulators Approve Crypto

Declining volatility in crypto markets has allowed startups, investors, and industry leaders to slow down, and postulate about the future of this nascent industry, catalyzing a series of positive developments. For one, in the past week, certain crypto-centric entities were awarded wheelbarrows of regulatory traction, with leading governmental agencies from

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US Regulators Could Approve Bakkt BTC Futures Launch in First Week of November

The Intercontinental Exchange’s (ICE) Bakkt cryptocurrency platform could get approval to launch its physically-delivered Bitcoin (BTC) futures product from U.S. regulators next week, an unconfirmed anonymous source told tech outlet The Block Thursday, Oct. 25.Bakkt, which seeks to create a “regulated ecosystem” for institutional investors looking to gain exposure to

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New York State Regulators Approve New Power Rate Structure for Crypto Miners

New York state regulators have approved a new electricity rate scheme for cryptocurrency miners that will allow them to negotiate contracts, Bloomberg reported July 12. According to Bloomberg, several months ago the state of New York gave permission to 36 municipal power authorities to charge crypto miners more than

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