Winklevoss Pushing Hard for Cryptocurrency ETF
Exchange-traded funds (ETFs) have grown to become the most popular of all exchange-traded products. Only available for purchase by major brokers and dealers, ETFs operate by packaging up assets such as stocks, bonds or commodities, the ownership of which is divided...
New Stablecoin, Reverse, Partners with Coinbase, 40+ Others
Cryptocurrencies are still in the early stages of real-world application in the US and other advanced economies. But the adoption of Bitcoin, Litecoin, Monero and the rest is in many ways further advanced in economies where the native fiat currencies are proving...
Mt Gox Creditors Might Recover Funds, Court Rules
The infamous Mt Gox hack of 2014 resulted in the loss of approximately 850,000 Bitcoin, with a combined value of over $450 million. Today, those same Bitcoin would be worth a cool $5 billion, with the leading cryptocurrency having appreciated a little over 10x since...
Goldman Sachs SEO Criticizes Cryptocurrency Skeptics
Talk to the man on the street about investment banking, and it's likely he'll mention Goldman Sachs. The second largest firm in a a sector worth some $87 billion, and accumulating total advisory fees of $5 billion per year, Goldman Sachs is about as close to a...
Tether Confirms Dollar Reserves in Law Firm Report
Tether (USDT) has received some pretty mixed press recently. Perhaps most notably, the Bitfinex-backed stable coin has been the subject of price manipulation allegations leading some to claim it was used to provide price support to Bitcoin and other digital currencies...
Millionaires Are Not Getting Enough Cryptocurrency Advice from Wealth Managers
A survey by business consulting firm Capgemini has explored the views of more than 2600 high net-worth individuals (HNWIs) on cryptocurrency. They asked individuals with more than $1 million in available funds in addition to real estate, automobiles and other material...
Cryptocurrency Exchanges Charging $1 Million for Exchange Listing
Despite a challenging six months in the crypto markets as a whole, the funding raised by initial coin offerings (ICOs) continues to go from strength to strength. Indeed, the controversial crowdfunding mechanism has raised over $6 billion in 2018 alone, already...
FATF Introduces Unified Cryptocurrency Regulations
One of the challenges of any regulation of cryptocurrency is that digital assets are, by definition, borderless. This presents numerous challenges for governments across the world, and a number of recent news stories suggest a concerted move towards a unification of...
Hollywood Announces Thriller About Money Laundering with Cryptocurrency
Mainstream media and crypto have been uneasy bedfellows for some time now, with blanket bans on advertising across a range of major platforms just the latest in a series of moves which seem designed to close down the promotion of digital currencies. So at first sight,...
SEC Announces Bitcoin & Ethereum are NOT Securities
The Securities and Exchange Commission (SEC) has made another announcement regarding its views on the regulatory status of cryptocurrency. William Hinman, the SEC's director of corporate finance, made the statement on Thursday and confirmed that ether (ETH), the...
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