Intercontinental Exchange, owner of the NYSE, announced late last week that it is launching an exchange for digital assets. In a press release, it said it plans to form a new company, Bakkt, which intends to leverage Microsoft cloud solutions to create an open and...
In potentially big bitcoin news, Starbucks is involved in a project that could help cryptocurrency holders spend their digital coins: The coffee chain said it is among the companies that will work with Intercontinental Exchange’s planned digital asset company, dubbed Bakkt. The company will have...
After a federal jury found him guilty of money laundering, Thomas Mario Costanzo has been sentenced to 41 months of imprisonment by U.S. District Judge G. Murray Snow. But Costanzo, who is also known as Morpheus Titania, will receive credit for the time he has...
Shwe Bank is teaming up with Everex for a remittance system based on the blockchain, Cryptovest reported. The bank plans to gear the service toward migrant workers from Myanmar who live in Thailand, with the idea of providing an alternative to more unofficial channels. As...
Mistertango found that 88 percent of crypto exchanges do, in fact, want regulation in the industry, Cryptovest reported. At the same time, however, 17 percent of the exchanges surveyed think that the biggest threat to the crypto industry is regulation that is too strict. INLOCK...
All things white hot … cool down. To put it another way, might the additions of links to the blockchain be slowed a bit? Forrester Research noted that some projects may be winding down, and some pilot tests of the technology may be walked back...
Coinbase has named a new chief compliance officer to help guide the cryptocurrency exchange through the regulatory landscape, Reuters reported. The new hire, Jeff Horowitz, was previously Pershing’s global head of compliance. eMusic wants to raise $70 million for its efforts to create a royalty...
After beginning to recover from a months-long slide, bitcoin prices once again showed signs of weakness on Monday (July 30) after Goldman Sachs warned in a research note that the recent turnaround in prices will be short-lived, according to reports. Sharmin Mossavar-Rahmani, chief investment officer of...
Iran is reportedly gearing up to create its own national digital currency, Fortune reported. According to reports, a plan is in the works to “create an indigenous cryptocurrency.” In addition, the country’s central bank was reportedly creating the cryptocurrency with the help of “domestic knowledge-based...
