CFTC’s Pham sweeps agency’s top brass days after Trump appointment
CFTC acting chair Caroline Pham has appointed a top official to handle the agency’s crypto outreach.
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New York Attorney General Fights Dismissal Motion in Bitfinex, Tether Case
The office of the New York Attorney General (OAG) has claimed that crypto exchange Bitfinex and stablecoin firm Tether have been operating in New York into 2019, according to official documents filed in the New York State Courts on June 8.The OAG has submitted these documents to fight Bitfinex and Tether’s motion to dismiss the…

BIS committee and IOSCO issue guidance for regulation of stablecoin arrangements
The international organizations affirm the "same risk, same regulation" principle by extending decade-old rules to the rapidly expanding new financial technology. 111 Total views 2 Total shares The principle of "same risk, same regulation" for crypto received further confirmation with the release Wednesday of new guidance on stablecoin arrangements (SAs). The guidance, issued by the…

Cardano outranks Bitcoin in global top intimate brands in new report
The blockchain developer ranks 26 out of 600 global brands in a new report which analyzes consumers’ emotional connection to brands. 190 Total views 22 Total shares Blockchain developer Cardano represents the crypto space with a top spot in a new report on global brand intimacy. Cardano ranks 26 among 600 brands and holds the…

Crypto mining’s cost: How has hardware availability changed the industry?
Cryptocurrency mining has been and remains an attractive endeavor not only for fans of alternative financial instruments but also for those serious about investing.When deciding whether to start mining, potential miners keep several well-known factors in mind: equipment and electricity costs, suitable climate and favorable legislation in the country of operation. At least, that was…

Crypto market cap climbs 15% in a week following Etheuerm Merge date revelation
It has been a volatile yet positive week for cryptocurrencies, as traders ignored the warnings from crypto winter veterans that there was more downside in store and jumped back into the market at the first sign of rising prices. Evidence for the reversal in sentiment can be found in the Crypto Fear & Greed Index, which…

US diplomats call on Japan’s crypto exchanges to cut ties to Russia: Report
The FSA and Japan’s Finance Ministry previously warned crypto firms against processing transactions involving sanctioned individuals or entities, subject to fines or imprisonment. 71 Total views 15 Total shares Officials representing the United States government have reportedly urged Japan’s licensed cryptocurrency exchanges to stop doing business with Russia, seemingly as part of the country’s economic…

Many People Know About DeFi, But Few of Them Use It
Cryptocurrency price aggregator CoinGecko conducted a survey with almost 700 of its users to learn more about the trends in decentralized finance (DeFi).The report, published on May 20, highlights that many cryptocurrency users heard about DeFi and some of its better known projects, but few of these are actually using it.Out of its sample of…

Bitcoin Moves 30% in December Since 2015 — Will 2019 Be Different?
At just over 10 years old, crypto’s largest asset Bitcoin (BTC) has made a name for itself as a volatile asset, as shown by its past price action. December, in particular, has seen a notable chunk of this volatility with price moving more than 30% since 2015. As 2019 nears its end, Bitcoin looks back on…