IBM announced Monday that six international banks have signed letters of intent to issue fiat-backed stablecoins on Blockchain World Wire, an IBM payment network that uses the Stellar public blockchain.
SEC Chairman Jay Clayton told Fox News regarding bitcoin ETFs that the underlying trading has to be free of manipulation and that it must occur on reliable venues. He also raised the issue of coin custody.
Bcause announced yesterday that it would use the Nasdaq Financial Framework for its spot trading and derivatives trading and clearing for cryptocurrencies.
Paxos plans to offer digital gold tokens “definitely this year,” according to CEO Charles Cascarilla.
Kakao, whose KakaoTalk app has 50 million South Korean customers, has raised $90 million and is looking to raise another $90 million for its subsidiary Ground X’s blockchain platform to launch in June.
Coinbase, facing a customer-driven #deleteCoinbase movement, announced that it was firing its former Hacking Team employees who joined Coinbase in an acquisition. Hacking Team is known for developing Internet spying tools for repressive regimes.
LGO Markets, based in New Jersey, announced today that it launched its institutional, non-custodial exchange platform for customer access. Cryptocurrency trading is set to begin on March 11.
Huobi, one of the ten largest cryptocurrency exchanges in the world, said that business conditions are leading it to close its troubled Australian operations. It will serve Australian customers from its Singapore base.
China-based Bitmain, the world’s largest provider of crytpocurrency mining hardware, announced a third quarter 2018 pre-IPO loss of $500 million reflecting the crypto industry slowdown.
Craig Wright, chief scientist at English blockchain startup nChain, has once again asserted his claim to be Satoshi Nakamoto, this time in a public statement regarding Ethereum provided to the CFTC on Friday.