The SEC Is Weighing a Bitcoin Futures ETF – Here’s What That Means

With Coinbase (COIN) and Binance accused of running illegal exchanges by the U.S. Securities and Exchange Commission (SEC), the latest industry testimony in the U.S. House of Representatives this week revealed that companies had desperately sought the agency’s help to properly register but were turned away.SEC Chair Gary Gensler has a go-to crypto invitation to…

The price of bitcoin (BTC) soared more than 6% on the first day of the new year, as the leading cryptocurrency blew past $45,000 for the first time since early April 2022.As has been the case for the past several weeks, anticipation that the U.S. Securities and Exchange Commission (SEC) will green light the launch

A string of cryptocurrency news outlets reported that HSBC Hong Kong is giving its customers access to bitcoin (BTC) and ether (ETH) exchange-traded funds on Monday.The news was first reported by crypto journalist Colin Wu and reproduced by a number of different sites, including The Block.However, this appears to be something of an overreaction. HSBC's…

Oct 21, 2020 at 12:20 UTCBitcoin’s price reached a two-month high on Wednesday, taking month-to-date gain to over 13%. The top cryptocurrency by market value rose to a high of $12,379 soon before press time – the highest level since Aug. 18, according to CoinDesk's Bitcoin Price Index. The rise represents a 3.5% gain on…

Oxfam, the non-profit group focused on alleviating global poverty, has teamed up with blockchain startup Etherisc to help bring affordable insurance to paddy rice farmers in Sri Lanka. The tie-up between Etherisc, which applies the ethereum public blockchain to the world of insurance, and Oxfam in Sri Lanka was announced Tuesday at CoinDesk's first "Blockchain for…

Jan 28, 2020 at 04:40 UTCUpdated Jan 28, 2020 at 04:56 UTCThe Monetary Authority of Singapore (MAS) is updating its regulatory framework for digital payments.Announced Tuesday, Singapore’s Payment Services Act 2019 (PSA) brings so-called Digital Payment Token (DPT) services – effectively covering all crypto businesses and exchanges based in Singapore – under current anti-money laundering…

Oct 20, 2020 at 15:51 UTCThis week, as world leaders gather virtually for DC Fintech Week in Washington, D.C., a key focus will be on central banks issuing their own digital currencies (CBDC). A pivotal player here is the United States, which faces an increasingly urgent decision: whether to take serious steps towards issuing a…

Nov 17, 2020 at 2:54 p.m. UTCUpdated Nov 17, 2020 at 3:20 p.m. UTC(BigTunaOnline/Shutterstock)Airbnb’s IPO Prospectus Says Firm May Consider Crypto and BlockchainAirbnb may have had a change of heart on cryptocurrencies, according to the prospectus for its planned initial public offering (IPO).Filed with the U.S. Securities and Exchange Commission Monday, the prospectus says the…

Mar 12, 2020 at 16:13 UTCUpdated Mar 12, 2020 at 16:24 UTCGregory Magarshak is founder and CEO of Intercoin. Since 2011 he has built a decentralized social networking platform that has reached 7 million users to date, and is working on tools to help bring power back into the hands of people and local communities.For…