Earlier this week, IBM announced that it would be moving its Blockchain World Wire (BWW) payment system out of beta and making it available to clients, reports Cointelegraph. As per the post on IBM’s website, the system will aim to merge traditional methods of international money transfer with innovations provided by the blockchain network. IBM’s…
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We are changing the format of our “Monthly News Roundup” posts to be more succinct and informative. Instead of listing the top news story for each day of the previous month, we will rather summarize the top five or so stories related to cryptocurrency. Here are the major events in crypto from August… As crypto…
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According to one notable analyst, the reversal that Bitcoin enthusiasts have been waiting for could be approaching, and an overlooked correlation is signaling this trend. In an interview with CNBC, Tom Lee, Head of Research at Fundstrat Global Advisors, pointed out that Bitcoin and emerging markets (EMs) have moved in parallel since at least January…
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Liechtenstein, a small yet prosperous nation between Austria and Switzerland, has wasted no time adopting cryptocurrencies while other countries continue searching for an ideal regulatory setting. The banking powerhouse previously announced that it would serve as home to Binance LCX, a partnership between two of the world’s largest crypto exchanges, Binance and Liechtenstein Cryptoassets Exchange.…
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With its lack of physical presence, dramatic price swings, and equally-vociferous groups of supporters and detractors, it’s no easy task to define Bitcoin and other cryptocurrencies. As government entities move toward instilling regulations, the muddy waters surrounding crypto must be made transparent if this digital revolution is to continue to gain traction and acceptance across…
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Last Thursday, the World Bank announced that it would be partnering with the Commonwealth Bank of Australia (CBA) to create the world’s first blockchain bond. As Gareth Jenkinson writes in Cointelegraph, this is an important event in global finance that could translate into major banks around the world adopting blockchain. According to the World Bank,…
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The latest data from the U.S. Drug Enforcement Administration (DEA) suggests that Bitcoin and other cryptocurrencies are moving closer and closer to cutting their ties with the underworld, reports Cointelegraph. A recent interview with DEA special agent Lilita Infante highlighted the faults in the view that crypto assets are primarily used for illicit dealings. According…
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Many new crypto investors ask this: “What is the best way to stash cryptocurrency?” Who better to answer this than “CryptoStache” himself? Shea Newkirk has been writing articles, recording podcasts, and filming videos about cryptocurrency since 2016. Shea loves sharing with others his unique perspective on the crypto industry. In his video interview with BitIRA…
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According to the latest industry report by auditing firm KPMG, blockchain investment in the U.S. in the first six months of 2018 has already surpassed last year’s total, reports Coindesk. While the firm omitted exact numbers regarding overall investment, the report specified that two blockchain developers managed to raise over $100 million each in their…
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Independent Federal Agencies Securities and Exchange Commission (SEC) Commodity Futures Trading Commission (CFTC) Federal Executive Departments U.S. Department of the Treasury (USDT) U.S. Department of Justice (DOJ) Internal Revenue Service (IRS) Legislatures and Courts U.S. Congress Supreme Court of the United States (SCOTUS) States International Organizations Group of Twenty (G20) International Monetary Fund (IMF) Bank…
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