JP Morgan: Digital Money Foundation Laid, Blockchain In Banking Years Away
JP Morgan suggests that blockchain laid the foundations for digital money, but the role of cryptocurrencies is still limited Go to Source Powered by WPeMatico
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Former CFTC Chair Giancarlo Says Fed Should Create a Digital Dollar
Former CFTC Chair says time for Federal to create digital dollar and Bitcoin should co-exit along with it Go to Source Powered by WPeMatico
Chinese Government-Backed Institute Releases New Ranking of 37 Crypto Projects
China’s Center for Information and Industry Development has published its latest crypto project ranking — the first this year. A total of 37 crypto projects, two more than in the previous ranking, were evaluated and ranked overall this month as well as in three separate categories. Also read: Bitcoin, Tesla Stock, Tron: How Warren Buffett … Read more
Major HSBC Layoffs: 35,000 Job Cuts and Massive Restructuring Announced
Banking giant HSBC has unveiled a major restructuring plan that includes 35,000 job cuts. The move came as the bank’s net profit plunged 53% last year. HSBC is also slashing $100 billion in assets and closing many branches. “This represents one of the deepest restructuring and simplification programs in the bank’s history,” explained interim CEO … Read more
Bitcoin Superstar and Bitcoin Era – The Latest Two Faces of the Same Scam
With the rising price and popularity of bitcoin come numerous scams. Bitcoin Superstar and Bitcoin Era are two investment schemes that have recently gained much attention. News.Bitcoin.com took a look at them, and it did not take much to spot how similar they are to each other and several other well-known scams. Also read: Bitcoin, … Read more
Boerse Stuttgart: New German Crypto Regulation Poised to Attract Institutional Investors
Since the new German crypto regulation went into effect, financial institutions in Germany have been preparing to offer crypto custody services. Among them is Boerse Stuttgart, the country’s second-largest stock exchange. Having obtained a provisional license from BaFin, the regulator in charge of licensing crypto service providers, Boerse Stuttgart is preparing to offer crypto custody … Read more
CFTC Letter Provides Little Clarity in Telegram’s Battle With SEC
The CFTC has stepped into the ongoing case between the SEC and Telegram to claim that digital currency is a commodity Go to Source Powered by WPeMatico
DeCurret Partners with KDDI to Test Digital Currency
The crypto exchange is planning to work on a joint project with the Japanese telecom giant to test digital currency in cafes Go to Source Powered by WPeMatico
Regulatory Roundup: Trump’s Cryptocurrency Proposals, IRS Changes Rule, China Quarantines Cash
In this roundup, we cover numerous cryptocurrency regulatory developments in the U.S., including President Trump’s crypto proposals, testimonies by the Federal Reserve chairman and the Treasury secretary, a crypto-friendly SEC proposal, and the IRS changing a crypto tax rule. We also cover China quarantining yuan bills, its central bank filing 84 digital currency patents, 40 … Read more
50 Cent, Talib Kweli, Snoop Dogg and Nas: Celebrities Who Could Be Bitcoin Millionaires
Many celebrities have mentioned the benefits of bitcoin and leveraged the asset for certain projects. For instance, 50 Cent, Snoop Dogg and Talib Kweli all sold albums for BTC, but when cryptocurrency prices skyrocketed, 50 Cent told the public he sold his coins as soon as he got them. Many other celebrities from Hollywood and … Read more