Cryptocurrency Analysis and News Portal
[sociallocker id="55298"] Bitcoin (BTC) exchange-traded funds, or ETFs, have faced unfair pushback from U.S. regulators, according to VanEck director and digital asset specialist Gabor Gurbacs. "There's a persistent double standard against Bitcoin and digital assets, which I think is wrong," Gurbacs told host Max Keiser on a recent episode of the
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The Proof of Stake Alliance revealed that it is taking critical steps toward improving the regulatory space around the Staking-as-a-Service (STaaS) market, including dialogues with the U.S. Securities and Exchange Commission.According to the announcement, the POSA met with the SEC to discuss increasing adoption of Proof-of-Stake (PoS) protocols — a successor
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Ripple has become a member of the ISO 20022 standards body, which is driving a new data standard for payments and data messaging between global financial institutions.The company claims to be the first distributed ledger technology (DLT) focused member of the group, which includes a number of international commercial and
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The Chinese government and its federal authorities are getting increasingly involved in the blockchain space to push forward innovation throughout the country. In the latest, the government released an official notice stating that they have put together a technical committee of 15 organizations to devise national standards for blockchain and
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China’s Ministry of Industry and Information Technology has called for feedback on draft guidance for standardizing data security in blockchain and other emerging technologies.In a document published on April 10, the ministry argued that data has become a “national basic strategic resource” and innovative element in social production. While the
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The US Securities and Exchange Commision has rejected New York based firm Wilshire Phoenix’s Bitcoin Exchange Traded Fund (ETF) application, citing ongoing concerns over market manipulation and a lack of surveillance-sharing agreements.Commissioner Hester ‘Crypto Mom’ Peirce has publicly disagreed with the rejection.NYSE Arca had submitted a proposed rule change
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The Takeaway:Crypto businesses are figuring out how to comply with the Financial Action Task Force’s “Travel Rule,” where all crypto transactions above a certain amount must be accompanied by identifying information.Competing visions for the technical implementation have emerged, though there appears to be general agreement on the need for messaging
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A growing number of crypto tax software developers are trying to bolster their products’ technical credibility with the Certified Public Accountant's (CPA) stamp of attestation. Attestation is an independent review conducted by a CPA, whose report includes conclusions about the reliability of data, statements – or systems, in the case of
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On Jan. 1, China’s law governing cryptographic password management came into power. Essentially, the act aims to set standards for the application of cryptography and the management of passwords, and, therefore, ultimately reduces China’s cyber vulnerabilities on a nationwide scale. Some local media outlets rumor that the law is paving
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The People’s Bank of China (PBoC) has an agenda to set industry standards across the financial sector, including blockchain, a senior official from the bank said on Wednesday. Speaking at a meeting of the National Technical Committee, PBoC vice president Yifei Fan said the bank aims to better regulate new
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