Month: October 2019

Bitcoin might become “digital gold,” but first it needs to be used more in everyday business, Intercontinental Exchange’s chief executive said. During a quarterly earnings call Thursday, ICE head Jeffrey Sprecher said that he sees use in transactions as the prerequisite to bitcoin becoming a long-term store of value. The company’s Bakkt subsidiary, which runs a
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Digital asset custodian Koine Money Ltd. has secured an electronic money license from U.K. regulators, while it prepares for the eventualities of a future Brexit by seeking permissions abroad. On Thursday, the U.K’s Financial Conduct Authority granted Koine an e-money license – known as an EMI license – allowing Koine to issue its own digital
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U.S. regulators filed charges against XBT Corp. Thursday, alleging the company failed to register as a futures commission merchant (FCM). In simultaneous press releases, the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) alleged that XBT, otherwise known as First Global Credit, sold security-based swaps for bitcoin without registering on a
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Crypto startup Knabu is piloting bank regulatory reporting with Factom, one of the earliest enterprise blockchain companies. Revealed exclusively to CoinDesk, the London-based firm is launching the 30-day pilot today. Knabu is best known as a payments company with a smart-deposit product meant to help companies mitigate the risks of self-custodying assets on a blockchain.
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Belgium’s financial sector regulator has issued a fresh warning over suspected cryptocurrency scam websites, bringing its running list to 131 domains. On Tuesday, the Financial Services and Markets Authority added 9 domains – including bitcoinmarketscap.com, bitcointraderspro.com, coinsmex.com, crypto-sfs.com, etc-markets.co, fisherih.com, ltc-markets.com, stsroyal.com and tdscapitalgroup.com – to the list of crypto trading platforms with “signs of fraud.”
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China’s recent multi-front embrace of blockchain technology has divided the global cryptocurrency community. While some see it as helpful validation, others worry that crypto is diverging further from its anti-authoritarian roots. Authorities in China have long discouraged investment in grassroots cryptocurrencies like bitcoin. But the world’s most populous country is making significant progress with plans
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MBK, a Tokyo-based and Tokyo Stock Exchange-listed merchant bank, has signed a deal for the tokenization of property in Estonia. The Japanese financial company said in an announcement on Monday it will be working with BitOfProperty (BOP), a Singapore-incorporated, Tallinn-operating enterprise that’s already selling fractional ownership of real estate in the EU member state. BOP said
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SNKr is proud to announce that they are joining the VeChain Ecosystem with the formation of a strategic partnership.  The SNKr street culture ecosystem was initiated by SWELL, with the core vision of “Real Recognize Real”, a philosophy that connects real products with real fans of the industry. SNKr brings blockchain technology to the masses,
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