UK Tax Authority Proposes Changes to Treatment of DeFi Lending, Staking
Regulators around the world have cast their eyes on DeFi, and policymakers have “highlighted specific risks including cyber risks and other technical risks, as well as increased dependencies between traditional and decentralized financial systems and a lack of backstops in periods of market stress,” HMRC said.
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NEWS Sep 21, 2018 at 20:30 UTC The parent company of Brazil's largest independent broker is setting up a cryptocurrency exchange, Bloomberg reported Thursday. Grupo XP, which owns brokerage firm XP Investimentos, plans to launch the platform in the "coming months," the news source said, adding it will support trading in bitcoin and ethereum. However,…

Popular Standard for Issuing Tokenized Securities Gets Makeover
When issuers of tokenized securities need guardrails around who can hold their tokens and where to send them, a four year-old Ethereum smart-contract framework called ERC-1404 comes into play.That popular standard is now getting an upgrade.Advisory firm Republic Crypto and token builder Upside have put together an enhanced version called ERC-1404 Prime that the two…

WATCH: Join CoinDesk LIVE With Kik CEO Ted Livingston
John Biggs Aug 7, 2019 at 18:45 UTC Updated Aug 7, 2019 at 20:15 UTC news Join us for the next two hours on CoinDesk LIVE at 2:45pm Eastern with an interview with Ted Livingston, CEO of Kin as well as a number of major players in the token landscape as they comment on Kik’s…

‘Phase Zero’ of a New Ethereum Blockchain Could Go Live Next January
news The next major iteration of the ethereum blockchain – dubbed ethereum 2.0 – may see a partial launch as early as January 2020. Proposed by Ethereum Foundation researcher Justin Drake in a bi-weekly coordination call between ethereum 2.0 developers, the date suggestion was raised after affirming that a code freeze over the first iteration…

Bitcoin Seesaws Back Over $29.2K, as Investors Brush Off Binance Angst; BCH, UNI, LTC Sink
Bitcoin settles back above $29,200 after seesawing for much of the previous day.Major altcoins were largely in negative territory with BCH and UNI down more than 5% and 6%, respectively.Shortly before Asia markets opened Thursday, a bitcoin 24-hour, roller coaster ride seemed over at least for now with the largest cryptocurrency by market capitalization trading…

U.S. Sen. Wyden: House ‘Right’ to Pursue Crypto Bill, Late in Session for More Progress
The chairman of the Senate Finance Committee told a Consensus 2024 audience that the House of Representatives was on the right track with the FIT21 bill. Wyden said he and others in the Senate decided to slam the brakes on the Securities and Exchange Commission's controversial crypto accounting standard and reconsider using a "different standard"

Woo Raises $9M to Boost Liquidity of WOO X Exchange
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How a Digital Dollar Can Make the Financial System More Equitable
Jul 15, 2020 at 16:49 UTC(Unsplash, modified using Photomosh)Patrick Murck is chief legal officer at Transparent Systems, developers of distributed settlement solutions, and an affiliate at Harvard’s Berkman Klein Center. Linda Jeng is global head of policy and special counsel at Transparent Systems and a senior fellow at Georgetown’s Institute of International Economic Law. Digital…