Business News

News

Mutual Funds Network Calastone’s ‘Real-Time’ Blockchain Platform Is Live

Calastone, a transactions network for the mutual funds industry, has now moved to its own blockchain-based settlement system.

Business  ·  20 May 2019
Exchanges

Beyond KYC: Regulators Set to Adopt Tough New Rules for Crypto Exchanges

Exchanges will likely have to collect information about their clients' crypto transactions under new global standards expected in June.

Policy & regulation  ·  20 May 2019
Ethereum

Ethereum-Based Stock Exchange Plans First Company Listing in June

SprinkleXchange, a Bahrain-basedstock exchange built with blockchain tech, is reportedly listing its first company next month.

Business  ·  20 May 2019
Regulation

I Underestimated Just How Many Subpoenas I Would Get

The number of subpoenas early crypto companies got from misinformed government agencies was "staggering," says Bloq's Steve Beauregard.

Policy & regulation  ·  19 May 2019
Japan

My Bank Account Was Frozen for Bitcoin – And It Only Made Me Love Crypto More

The guy who coined the term "hodl" has a real bitcoin story that only made his interest in the technology stronger.

Policy & regulation  ·  19 May 2019
Bitcoin

Bitcoin and Blockchain: The Tangled History of Two Tech Buzzwords

The word "blockchain" isn't used in the bitcoin white paper, the document that started it all. So, how did the term take off as a buzzword?

Business  ·  19 May 2019
Banking

Top Banks ‘Investing $50 Million’ to Build Blockchain Settlement System

Around a dozen banks are said to be spending $50 million to build a blockchain-based digital cash settlement system, according to Reuters.

Business  ·  17 May 2019
Regulation

SEC Negotiations Have Cost Kik $5 Million, Says CEO

Kik's CEO says the company has spent more than $5 million talking to the SEC about whether its kin ICO was an unregistered securities sale.

Policy & regulation  ·  16 May 2019
Exchanges

Ripio Is Launching a Crypto Exchange for 3 Latin American Nations

Ripio, a startup working to boost crypto adoption in Argentina, is widening its scope with a new exchange serving Argentina, Mexico and Brazil.

Business  ·  16 May 2019
Banking

World Bank, CommBank Team Up for ‘World First’ Blockchain Bond Transaction

The World Bank says its new debt instrument "bond-i" is the first bond to have both issuance and trading recorded on a blockchain.

Business  ·  16 May 2019
Hacking

Study Finds Most Ransomware Solutions Just Pay Out Crypto

A study has found that most ransomware recovery services are actually just paying crypto ransoms to hackers.

Business  ·  15 May 2019
Regulation

Free Markets and the Future of Blockchain

J. Christopher Giancarlo is Chairman at U.S. Commodity Futures Trading Commission, the agency of the US government that regulates futures and options markets. This will be the last time I speak to you from the CFTC. Nevertheless, before I go, I wanted to share some thoughts, which I have been saving. My five years at […]

Policy & regulation  ·  15 May 2019
Bitcoin

The Blockchain Paradox

Blockchains offer potential solutions to deep-seated problems in society, but their own governance issues need to be solved first, writes Pindar Wong.

Business  ·  15 May 2019
Exchanges

Hacked Cryptocurrency Exchange Cryptopia Goes Into Liquidation

Cryptopia, the crypto exchange hit by a major hack in mid-January, has appointed professional services firm Grant Thornton as liquidator.

Business  ·  15 May 2019
Exchanges

Facebook Hires Two of Coinbase’s Former Compliance Managers

Facebook has hired two Coinbase vets to work in compliance roles, and at least one is involved in the social network's blockchain effort.

Policy & regulation  ·  14 May 2019