Circle aims to establish a fully-capitalized national digital currency bank
Circle is willing to operate under the auspices of the Federal Reserve, the United States’ central bank. Treasury, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation, CEO Jeremy Allaire stated. Circle , a digital payment business sponsored by Goldman Sachs, has announced its intention to become a full-reserve national […]
Coinbase custody to store Deutsche Telekom’s Celo tokens
Europe’s largest telecoms company, Deutsche Telekom has chosen Coinbase custody, the cryptocurrency custody solution offered by US exchange firm Coinbase, to hold its Celo tokens. The telecoms company cited Coinbase Custody’s stringent security protocols as a primary reason for picking the service, according to a press release issued on Monday. In April, Deutsche Telekom invested […]
Blockchain Australia accuses gov’t of dismissing industry as a ‘wild west’
The industry organisation has accused the government of focusing on tales about harmful actors and frauds rather than engaging with the blockchain community to develop regulation that is fit for purpose. Blockchain Australia, a trade organisation representing the country’s cryptocurrency business, has cautioned that the country has fallen behind on the regulatory front as a […]
Poloniex settles unregistered exchange charges with the SEC
Poloniex will reportedly pay over $10 million as settlement charges of operating an unregistered online digital asset exchange to the Securities and exchange commission. Poloniex LLC has agreed to pay more than $10 million to settle charges of operating an unregistered online digital asset exchange in connection with its operation of a trading platform that […]
First global crypto fraud and asset recovery network launches in the UK
Fraud related and money laundering issues have become a menace to the crypto space, this has prompted a group of London law firms to form a worldwide crypto fraud recovery network. The Crypto Fraud and Asset Recovery, or CFAAR , network include lawyers who have handled some of the first crypto-related court cases in the […]