As US regulators work to legislate the crypto industry, two US representatives want to task the Commodity Futures Trading Commission with recommending new practices to Congress.
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Blockchain Policy Development in China Concentrated in Three Cities
One third of national blockchain-related policies in China have been made in three areas: Beijing, Shanghai and Guangzhou. Beijing, Shanghai and Guangzhou — or BeiShangGuang — has become the most concentrated area of relevant blockchain legislation and policy in China,…
Gemini Adds Support for Bitcoin Cash Trading and Custody on the ABC Network
Gemini, a major cryptocurrency exchange and custodian, recently announced it launched support for Bitcoin Cash on the ABC blockchain. Cryptocurrency exchange Gemini announced support for Bitcoin Cash (BCH) custody and trading today with a post on its official Medium blog,…
BitGo Hires Trust Company Veteran as CEO of Its Custody Arm
BitGo has a new CEO for its custody business. The cryptocurrency solution provider has recruited Richard Corcoran as its new chief executive officer. Having retired some years back after over 30 years in the traditional banking and finance industry, Corcoran…
TrueUSD Is Now a Base Pair on Binance
Malta-based cryptocurrency exchange Binance has added TrustToken’s TrueUSD (TUSD) as a base currency, expanding the stablecoin’s available trading pairs. Adding to TUSD’s original BTC pair, Binance will add the following trading pairs: BNB/TUSD, ETH/TUSD, XRP/TUSD, EOS/TUSD and XLM/TUSD. The pairs,…
Bitcoin History Part 3: Turning on the Faucet
With no exchanges, P2P marketplaces, or escrow services in Bitcoin’s earliest days, acquiring coins wasn’t easy. You either mined them or begged someone on the Bitcointalk forum to sell to you OTC. Then, along came a developer called Gavin Andresen…
Half The Crypto Market Wiped Out in Less Than a Month
FOMO Moments Crypto markets licking wounds from a new yearly low; gains are marginal as all altcoins are still on the floor. A few hours ago crypto markets dropped to their lowest levels since early August 2017. Market capitalization plummeted…
Cryptocurrency Exchange Coinbase Lists Four More Ethereum Tokens
The most popular US cryptocurrency exchange is continuing its promise to support Ethereum-based ERC20 tokens, adding four more of the coins to the Coinbase Pro platform. Starting today, December 7, Coinbase Pro users can transfer their balances of Civic (CVC),…
Cryptocurrency Accepted: Venezuela Will Sell Oil for Petro, Maduro Says
The government of Venezuela has announced that it plans to create a basket of cryptocurrencies for the oil-backed state cryptocurrency, the Petro. This initiative will allow the government to sell oil in exchange for petros and bypass US-imposed sanctions at…
First Look: HTC Demos Crypto Smartphone Exodus at Slush 2018
Ten years ago, consumer electronics manufacturer HTC made history when it released the HTC Dream, the first commercial device to utilize the Android operating system. A few months later, another monumental event took place, when Bitcoin creator Satoshi Nakamoto mined…