Cryptocurrency Analysis and News Portal
As of July 2020, about 80% of Italian Banks were using R3’s Corda Blockchain to exchange data and this market may play a crucial role in driving the adoption of the XDC coin.R3 has launched the XDC Coin, coming off as the first digital currency for the public Corda network
Read More
In the seven months since India’s top court allowed banks to legally service crypto platforms, users and trade volumes at local exchanges have increased. But regulators have said little about the rules for crypto trading. Confusion can be detrimental to market growth. So to introduce more clarity, some in the Indian
Read More
Between BitMEX action, the U.K.’s derivative ban and the new U.S. Department of Justice enforcement framework, regulations are coming for crypto.On this week’s Breakdown weekly recap, NLW looks at a cross-section of regulatory news, including:NLW discusses why these might reflect a new moment in crypto history, what it means for
Read More
Ripple's Chris Larsen threatened to leave the U.S. if the country's stance on crypto doesn't soon change, Fortune reported. Source
Read More
Uniswap’s UNI token has taken a hit over the past few days. Although it isn’t the only cryptocurrency
Read More
A new bill could bring cryptocurrency exchanges under a single federal framework.The Digital Commodity Exchange Act of 2020, introduced Thursday by Rep. Michael Conaway (R-Texas), seeks to create a federal definition of “digital commodity exchanges,” putting them in their own legal category and charging the Commodity Futures Trading Commission (CFTC)
Read More
The U.S. Office of the Comptroller of the Currency (OCC) has published fresh guidance, officially clarifying national banks can provide services to stablecoin issuers in the U.S. The Office of the Comptroller of the Currency (OCC) and the Securities and Exchange Commission (SEC) published stablecoin guidance Monday, providing the first detailed
Read MoreThe rapid growth in decentralized finance and yield farming is likely to attract greater regulatory attention according to a recent report.A joint research paper by global management consulting firm BCG Platinion and Crypto.com has indicated that the rapid growth in DeFi in 2020 has created the potential for money laundering
Read More
U.S. exchanges ErisX and bitFlyer are among 12 crypto firms selected to pilot Hawaii’s digital currency regulatory sandbox that will allow virtual asset service providers to do business in the state without obtaining a money transmitter license for a two-year period, the companies announced Wednesday. Source
Read MoreThe ICO is re-opening the regulatory sandbox, its free service, designed to support organisations using personal data to develop innovative products and
Read More