Trump signs executive order for working group on crypto
The working group established under the EO will explore federal regulations for stablecoins and a national digital asset stockpile.
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Bitcoin price is now eyeing $20K after XRP shocked the crypto market
Bitcoin reached $19,000 quickly after it plunged to $18,000 following an XRP flash crash on Coinbase. 637 Total views 1 Total shares The price of Bitcoin (BTC) surpassed $19,000 on Nov. 24 for the first time in nearly three years. It followed an XRP flash crash on Coinbase, which trembled the crypto market.The two incidents…

‘The SEC’s actions have crippled a nascent industry’ — Paradigm requests amicus brief for Coinbase
According to Paradigm, the SEC's lack of a clear path for crypto firms to register could lead to a “de facto ban on digital asset trading platforms.” 82 Total views 34 Total shares Paradigm, the crypto investment firm led by Coinbase co-founder Fred Ehrsam, has petitioned to file an amicus brief in support of Coinbase’s…

Amendment to UK financial services bill provides regulation for crypto activities
The bill addressed stablecoin regulation from the start; now the Financial Conduct Authority will be empowered to regulate activities with crypto assets if the amended bill passes. 122 Total views 2 Total shares An amendment to the Financial Services and Markets Bill now before the United Kingdom's Parliament would extend the law’s powers to regulate…

China: Insurance Giant Ping An Subsidiary to Create Boutique Bank Supported by Blockchain
Ping An Bank, a subsidiary of China’s Ping An Insurance Group, will launch a boutique bank using blockchain, cloud services, and the Internet of Things (IoT). Ping An Insurance Group is one of the world's leading financial and insurance corporations, and their subsidiary’s announcement was reported on Nov. 20 by People’s Daily, China’s official state…

BitGo raises $100M after losing lawsuit against Galaxy
BitGo’s Series C funding featured entirely new investors based in the United States and Asia, CEO Mike Belshe said. 286 Total views 1 Total shares Cryptocurrency custody platform BitGo has raised fresh capital after facing a series of terminated deals involving firms like Michael Novogratz’s Galaxy Digital.BitGo has raised $100 million in a Series C…

Mining Giant BHP Completes $14 Million Iron Ore Trade Using Blockchain
Multi-billion-dollar mining group BHP announced it has completed a $14 million iron ore trade using a blockchain platform. 1751 Total views 55 Total shares The world’s largest mining company BHP Group announced today that it completed a $14 million iron ore trade using a blockchain platform developed by the Canada-based technology company MineHub Technologies. The transaction…

The Market Perceives Positive Sentiment Heading Into the 2020 Bitcoin Halving
As Bitcoin (BTC) fast approaches its scheduled third halving, several metrics are now pointing toward positive market sentiment going into this most-anticipated event.The perpetual funding rate turns to positive territory, suggesting a positive market sentimentThe perpetual funding rate serves as a useful indicator to gauge overall market sentiment. When the rate is positive, long positions…

Ethereum co-founders reflect on 10-year anniversary — EthCC
Ethereum co-founders Vitalik Buterin and Joseph Lubin reflect on the state of the network a decade after its creation.