The U.S. Securities and Exchange Commission earlier this week stood by its move to stop a bitcoin exchange-traded fund, citing “unpersuasive” arguments as to how the ETF would be protected from any market manipulation. Reuters, citing a 92-page analysis by the SEC of the bitcoin...
Skrill is now allowing users to buy and sell crypto such as bitcoin, bitcoin cash and Ether, according to reports. When users make a transaction, Skrill uses a crypto exchange to buy and hold the digital currency. As of now, the feature is reportedly available...
The move to bring blockchain beyond cryptocurrency confines — and toward more commercial use cases — continues, with far-flung projects making headlines. In the telecom world, South Korean firm KT said it has applied blockchain to its commercial network. The telecom, as reported by ZDNet, has built nodes...
Justin Sun, the founder of blockchain operating system TRON (TRX), just finalized the acquisition of BitTorrent for $140 million, according to a report in The Next Web. The deal will effectively bring 100 million new users to TRON’s decentralized ecosystem. Speculation on such a deal first...
The developers of the U Network have reportedly run out of their reserve of crypto tokens and intend to buy back some of its supply, CoinDesk reported. They had set a limit of 10 billion tokens for its UUU coins — and dedicated 40 percent...
Regulators in Switzerland are doubling down on efforts to help crypto projects stay in the country, Reuters reported. The country’s crypto sector has experienced fast growth and provides jobs to hundreds of workers. But companies in the industry might leave if they government does not...
Coinbase says that it hasn’t received approval from two U.S. watchdogs for three acquisitions, Cryptovest reported. The firm reportedly told Bloomberg that it had received approval from the Financial Industry Regulatory Authority (FINRA) and the U.S. Securities and Exchange Commission (SEC). However, Coinbase VP of Communications Rachael...
SBI Holdings’ own crypto trading platform, VCTRADE, has gone live, according to Cryptovest. At launch, the platform will reportedly support trading of the Japanese yen with Ripple’s XRP. The news comes as the platform was formally unveiled in June following beta testing last year. In other news,...
International Business Machines (IBM) and Stronghold, the financial services company, are teaming up to back a new cryptocurrency that is tied to the U.S. dollar. Reuters, citing the companies, reported that the digital token, dubbed Stronghold USD, launched earlier on Tuesday (July 17) on the...
