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Stablecoin Crisis Could Wreck Global Finance, Fed Warns in New Report
The Fed warned that a stablecoin crisis could wreak havoc on the global economy and outlined the steps issuers must take to protect the status quo.
Chainalysis Says BitForex Trading Volumes Could Be Fake
The BitForex exchange could be faking its bitcoin trading volume, according to a report by Philip Gradwell, chief economist at Chainalysis.
BnkToTheFuture CEO: 50 Percent of Funding Will Be Through Security Tokens in 2020
BnkToTheFuture invested in a SEC-registered broker dealer to enable U.S. investors participate in security token offerings.
Bittrex Target of Latest $1 Million Crypto SIM Hack Lawsuit
Gregg Bennett had never heard of SIM swapping before. Then, one night in April, he learned in the worst way one can.
Reggie Middleton Reaches $9.5 Million SEC Settlement Over ICO Fraud
The U.S. Securities and Exchange Commission has reached a $9.5 million settlement with Reggie Middleton, organizer of the fraught Veritaseum initial coin offering.
Harbor Now Has Both Broker-Dealer and Transfer Agent Licenses in the US
Security token startup Harbor has been granted a transfer agent license by the SEC, a month after getting the green light from the CFTC.
Canadian Fund Manager to List Bitcoin Fund on Major Stock Exchange
Canadian investment fund manager 3iQ received initial approval on its long road to launch a closed-end bitcoin fund in Ontario later this quarter.
Genesis Clocks Quarterly Surge in Cash and Stablecoin Lending
For the first time this year, BTC-denominated loans now represent less than 60 percent of Genesis' portfolio.
SEC Blasts Kik’s ‘Void for Vagueness’ Defense of 2017 ICO
Kik wants to depose top SEC officials, and expose that they were making it up as they went. But the SEC is having none of it.
US House Committee Pressuring Zuckerberg to Testify on Libra: Report
Facebook CEO Mark Zuckerberg is facing pressure to testify before U.S. lawmakers on the firm's cryptocurrency project Libra.
Fed Official Says Digital Central Bank Currency Is ‘Inevitable’
Philadelphia Federal Reserve bank president Patrick Harker said it is “inevitable” for the central banks to start issuing digital currency.
Ohio Treasurer Suspends Predecessor’s Bitcoin Tax Payment Service
A website launched last year by the U.S. state of Ohio allowing businesses to pay a range of taxes with bitcoin has been taken offline.