Posts written by Thom Thompson

Coinsquare

Coinsquare

Coinsquare, one of Canada’s largest cryptocurrency trading platforms, is being sued by local tax authorities to provide customer trading data. The company is still deciding on its response.

Fidelity Digital Assets

Fidelity Digital Assets

Fidelity Digital Assets is hiring! According to an FDA blog post from CTO Peter Farland, the company is looking to take on “more than twenty passionate and innovative engineers” as the Fidelity Investments sub expands its cryptocurrency support. 

Hong Kong Securities and Futures Commission

Hong Kong Securities and Futures Commission

The HK Securities and Futures Commission says that the local government will require all cryptocurrency trading platforms doing business in Hong Kong to implement anti-money laundering procedures and register with the Commission.

Huobi

Huobi

Denying rumors that its COO was arrested, Singapore-based cryptocurrency trading platform Huobi experienced large outflows of bitcoin as well as inflows of Tether on Monday.

Square

Square

Square, Jack Dorsey’s electronic payments service that supports bitcoin transfers, said that it will sponsor the development of a more intuitive cryptocurrency wallet for general use. 

Binance

Binance

According to Forbes, in 2018 Binance, the world’s largest cryptocurrency trading platform, designed an elaborate program to divert U.S. regulatory scrutiny, including launching a Potemkin Village-like Binance.US.

JPM Coin

JPM Coin

JPM Coin is launching this week as one of JPMorgan’s technology clients begins using it for global payments. The bank has also said it established a new digital asset division, Onyx.

Virgil Griffith

Virgil Griffith

Virgil Griffith, who was arrested last year for violating economic sanctions against North Korea, has motioned the court to dismiss the charges because the information he provided to North Korea was already public.

G7

G7

While several of the group’s members are actively investigating issuing their own e-moneys, Reuters reports that the G7 is preparing formally to slam Facebook’s Libra because it lacks regulation. The group made a similar statement last October. 

Ethereum

Ethereum

Against a backdrop of defi-fueled demand for the second largest cryptocurrency, Ethereum derivatives on foreign exchanges are setting trading volume records.

Square

Square

Digital payments processor Square announced that it had put 1% of its assets into bitcoin. The company bought 4,709 bitcoin worth $50 million over-the-counter on October 7. 

John McAfee

John McAfee

Famous for his eponymous antivirus software, John McAfee was charged by the SEC for pumping ICOs in his twitter account and not disclosing that he was paid more than $23 million to do so. He is jailed in Spain pending extradition on 10 counts of unrelated tax fraud.

U.S. Securities and Exchange Commission

U.S. Securities and Exchange Commission

The U.S. Securities and Exchange Commission chairman, Jay Clayton, signaled support for trading tokenized securities in the U.S. during a webinar last week hosted by the Digital Chamber of Commerce.

Thom Thompson

Thom Thompson

Editor

MarketsWiki Profile

Thom Thompson is a derivatives specialist who has worked in product design, business development and regulatory roles for the CFTC, the Chicago Board of TradeThe Clearing CorporationSwiss ExchangeEurex and Eurex Clearing.

Pin It on Pinterest