Banking Giant Trials Blockchain for Issuance of Land-Backed Loans

news The U.S. Securities and Exchange Commission (SEC) has delayed making a decision on a bitcoin exchange-traded fund (ETF) proposal filed by Bitwise Asset Management in mid-January. The ETF proposal, filed with NYSE Arca, was published in the Federal Register on Feb. 15, kicking off the first 45-day clock for an initial decision on the filing. Overall,…

news A top United Nations (UN) official said cryptocurrencies are making international efforts to combat terrorist financing, money laundering and cyber-crime “exceptionally difficult.” Neil Walsh, chief of the Cybercrime and Anti-Money Laundering arm of the UN’s Office on Drugs and Crime, said that the anonymizing and pseudo-anonymizing attributes of cryptocurrencies provide a “new layer of…

Jun 4, 2020 at 10:30 UTCUpdated Jun 4, 2020 at 10:31 UTCFor would-be U.S. lawmaker Jonathan Herzog, financial exclusion isn’t just a talking point, it’s lived experience. When launching his congressional run, he said, Herzog went to Bank of America and Citibank and tried to open a campaign checking account, but was denied. Herzog saw…

Customers of Hidden Road, which provides prime brokerage and other trading services, are gaining access to the crypto trading platform run by Crossover Markets though a new collaboration, according to a statement.Crossover operates an execution-only platform, meaning customers need a credit sponsor to trade. Unlike centralized exchanges, customers cannot open an account and send money…

news It was 2047, not 2019, in ConsenSys CEO Joseph Lubin’s keynote address Saturday in Red Hook, Brooklyn. To close out the 2019 Ethereal Summit in Brooklyn, he foresaw a future where assets had all been tokenized, the web was completely decentralized and networks organized around topical interests had become roughly as important to human…

Not all meme coins are created equal. If they're to get bought up by the Avalanche Foundation, their creators will have to follow some rules.The organization that supports the Avalanche blockchain released an "eligibility framework" Tuesday that puts some guardrails around its eyebrow-raising plan to start purchasing meme coins: those jokey, highly volatile cryptocurrencies that

Decentralized finance (DeFi) is experiencing renewed momentum. The activity in new ecosystems, and the high yields, resemble the famous 2021 DeFi Summer. The variety of innovative protocols makes it incredibly hard for investors to keep up, while at the same time, the impressive growth raises concerns about risks accumulating in the DeFi ecosystem.You might have

NEWS Oct 31, 2018 at 18:00 UTC She may not be "fan" of bitcoin," but former Federal Reserve chair Janet Yellen now has a small amount of BTC in her possession. On Monday, Yellen explained why she believes bitcoin is not a useful form of currency during an appearance at the Canada Fintech Forum. The former…

Continued accumulation of bitcoin by investors is causing market liquidity to drop and helping drive prices higher.Feb 3, 2021 at 12:19 p.m. UTCUpdated Feb 3, 2021 at 12:21 p.m. UTCBitcoin Holders Have Now Stashed Away 15% of Circulating SupplyLong-term investors continue to hoard bitcoin, sucking up market supply and helping the cryptocurrency maintain its broader…