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Binance CMO praises crypto ability to give people ‘control’ yet questions the state of public ‘trust’
Binance CMO Rachel Conlan has presented a bullish outlook on the future of the crypto industry despite the growing regulatory hurdles and criticisms it faces, stating that crypto gives people “control” in a recent interview with the New Digital Age. дальше »
2023-10-18 14:15 | |
Prime Trust Put Into Receivership Amid Shortfall in Funds, Charges It Misused Customer Money
Crypto custodian Prime Trust has been ordered by the Eighth Judicial District Court of Nevada, where the company has its headquarters, to be put into receivership after the state ordered the custodian to cease all activities amid a shortfall of customer funds. дальше »
2023-7-19 00:14 | |
Nevada judge approves Prime Trust’s receivership application
As invezz. com reported last month, the Nevada Financial Institutions Division (NFID) filed a petition to place the troubled cryptocurrency custodian firm Prime Trust under state receivership. That followed reports of the company lacking funds after losing access to some customer wallets. дальше »
2023-7-20 23:52 | |
Nevada Regulators Order Prime Trust To Shut Down Operations – Here’s Why
A leading Nevada-based digital assets custodian, Prime Trust, received a cease and desist order from state regulators on Thursday, June 22. This happened after the crypto custodian failed to satisfy customer withdrawal requests on June 21. дальше »
2023-6-23 18:00 | |
Ripple CEO believes 'only way to move forward' is...
Ripple CEO Brad Garlinghouse is in the news today after he tweeted about the state of the crypto-industry in the United States. According to the exec, the industry needs to rebuild trust through utiliThe post Ripple CEO believes 'only way to move forward' is... appeared first on AMBCrypto. дальше »
2023-3-8 15:30 | |
Can you trust crypto exchanges after the collapse of FTX?
On Oct. 25, 2022 — about two weeks before the collapse of the world’s third-largest cryptocurrency exchange, FTX — prominent DeFi architect Andre Cronje published a foreboding article with a chilling warning on the state of centralized cryptocurrency exchanges: “Remedies under the current regulatory regime are ineffective. дальше »
2023-2-15 17:30 | |
The Different Types of Consensus Algorithms in Blockchain Platforms
A consensus algorithm is a procedure used in computer science in which participants of a distributed network agree on the state of the network or the state of a single data value and establish trust among unknown peers in the network. дальше »
2022-11-29 21:16 | |
Crypto trading firm Standard Custody receives charter status to operate as a custodian in New York
CryptoNinjas » Crypto trading firm Standard Custody receives charter status to operate as a custodian in New York Standard Custody & Trust Company, a custody and settlement platform for crypto-assets, announced that it has received charter status under New York State Banking Law as a regulated qualified custodian. дальше »
2021-5-5 18:17 | |
How Bitcoin Neutrality Is Simply Another Vote for a Crumbling Status Quo
Nearly ten years into failed fiscal and monetary policy experiments, when trust in institutions is ebbing near an all-time low, the rationale for holding bitcoin has never been stronger. Yet, many people are neutral and non-reactive on the matter, giving credence to the current state of affairs instead of challenging the very narrative that is […] дальше »
2021-3-18 19:30 | |
BitGo obtains key regulatory license to serve New York clients
Crypto custody services firm BitGo today received the New York Trust Charter, a key license, from the New York State Department of Financial Services (NYDFS). The license will allow the firm to offer The post BitGo obtains key regulatory license to serve New York clients appeared first on AMBCrypto. дальше »
2021-3-4 18:06 | |
Is Digital Asset Powerhouse Grayscale Looking to Add LINK, XTZ, FIL, BAT, & MANA Trusts?
Is Grayscale setting up to create a series of new digital asset trusts? The question arises after new filings were discovered via the State of Delaware's Division of Corporations where someone set up a Grayscale ChainLink Trust dated to Dec 18th, 2020. дальше »
2021-1-23 23:27 | |
After Kraken, Avanti Granted the License to Become a Crypto Bank by Wyoming State Regulator
The first one was Kraken, and now another crypto bank is here. The Wyoming State Banking Board granted Avanti Bank & Trust a bank charter with 8-0 votes that give it the same powers as national banks. дальше »
2020-10-30 19:18 | |
BitGo seeks to become a qualified crypto custodian in New York state
Digital asset financial services firm BitGo has formally applied for a New York Trust Charter from the NYDFS.
дальше »2020-8-28 15:48 | |
Crypto Custodian, BitGo, Applies for NYDFS Trust Charter as it Looks to Expand into New York
BitGo is looking to expand its crypto custody business in New York; the company recently applied for a Trust Charter with the New York State Department of Financial Services (NYDFS) as part of this initiative. дальше »
2020-8-26 17:21 | |
Grayscale’s Trust Shares Are Trading At Huge Premiums, Arcane Research Reports
In a report published by Arcane Research on the current state of the institutional crypto investment fund, Grayscale Trust, there is an increasing demand for Bitcoin (BTC) across the U. S. as inflation grows. дальше »
2020-8-22 22:45 | |
Protests Rage In Lebanon Over Currency Collapse; Trust Gov’t, or Buy Bitcoin?
Buying Bitcoin is so far the best way to bet against the government in its handling of money. As Satoshi intended, it is where money and state separate. While it was born in the aftermath of the 2008 financial crisis when all trust in government was lost, world governments have been masking their financial and […] дальше »
2020-6-12 18:47 | |
Vulnerabilities Shake Trust In Blockchain Voting App; West Virginia Turns Back to Paper
The blockchain-based voting app, Voatz, will no longer be used by West Virginia. The news comes after researchers discovered vulnerabilities within the app. On February 29, it was reported by NBC News that West Virginia's secretary of state, Mac Warner, announced that disabled and overseas voter will not be able to use mobile apps in […] дальше »
2020-3-3 22:56 | |
India: Government Policy Commission Calls Blockchain ‘The New Trust Paradigm’
NITI Aayog — the Indian government’s Policy Commission has submitted a national blockchain strategy describing the emerging technology as “the new trust paradigm. ” The government think tank is the latest state authority in the country to call for greater utilization of decentralized ledger technology (DLT) within India. дальше »
2020-2-4 22:00 | |
State Street и Gemini запустили пилотный проект для налоговой отчетности по криптоактивам
State Street и Gemini запустили пилотный проект для налоговой отчетности по криптоактивам Американская финансовая корпорация State Street совместно с Gemini Trust Company запустила пилотный проект для составления отчетности по BTC и ETH, хранящимся в кастодиальном сервисе Gemini Custody. дальше »
2019-12-18 13:00 | |
State Street запускает проект по отчетности для криптовалют
Американская финансовая компания State Street, хранящая более $32 трлн депозитарных активов и почти $3 трлн активов под управлением, договорилась о партнерстве с Gemini Trust, кастодиальным сервисом криптовалютной биржи Gemini. дальше »
2019-12-17 19:30 | |
State Street Announces Partnership with Gemini to Launch Crypto Asset Pilot
Coinspeaker State Street Announces Partnership with Gemini to Launch Crypto Asset PilotState Street Corporation and Winklevoss-owned Gemini Trust Company will test reporting on digital currencies in a new partnership. дальше »
2019-12-18 17:37 | |
State Street заключила партнерство с Gemini Trust для запуска проекта по отчетности для цифровых активов
Американская финансовая компания State Street, которая имеет на хранении более $32 трлн депозитарных активов и почти $3 трлн активов под управлением, заключила партнерское соглашение с Gemini Trust, кастодиальным сервисом криптовалютной биржи Gemini. дальше »
2019-12-17 16:32 | |
Fidelity Digital Assets granted NYDFS charter for bitcoin custody and exchange
Superintendent of Financial Services Linda A. Lacewell announced today that the New York State Department of Financial Services (DFS) has granted a charter under New York Banking Law to Fidelity Digital Asset Services, LLC (FDAS), to operate as a limited liability trust company as part of the state’s rapidly growing virtual currency marketplace. дальше »
2019-11-20 19:56 | |
Beijing Increases Censorship, Surveillance Amid Blockchain Push
The Beijing regime is all about control. It is a country where people have very little freedom of information or finance (apart from the very affluent). While the state strives to be a world leader in blockchain technology, it still does not trust cryptocurrency, still heavily censors the internet, and still spies on its citizens. дальше »
2019-11-5 13:00 | |
European Central Bank bigwig outlines why Facebook’s Libra isn’t real cryptocurrency
A representative of the European Central Bank (ECB) has slammed Facebook‘s quasi-cryptocurrency Libra, referring to its proposed ecosystem as a “siren call. ” Yves Mersch, Luxemborgian lawyer and ECB executive board member, even told attendees of the European System of Central Banks’ legal conference the Libra ecosystem will be “cartel-like. дальше »
2019-9-2 15:36 | |
Bakkt Wins Regulatory Approval to Launch Bitcoin Futures
Bakkt has won approval from US regulators to trade physically-settled bitcoin futures, a move many believe would legitimize the cryptocurrency industry before institutional investors. The Intercontinental Exchange’s subsidiary announced on Friday that the New York Department of Financial Services (NYDFS) had given them clearance to acquire a New York state trust charter. дальше »
2019-8-17 23:20 | |
Fidelity Digital Assets Applied for a Trust License in NY
Coinspeaker Fidelity Digital Assets Applied for a Trust License in NYAllegedly, Fidelity’s cryptocurrency investment arm filed an application with the New York Department of Financial Service (NYFDS) and if approved the institutional brokerage will be allowed to offer crypto-custodial services in the state. дальше »
2019-7-21 13:20 | |
Fidelity’s Crypto Wing Seeks NY State Trust License
Fidelity Digital Asset Services (FDAS) recently applied for a trust license in the state of New York. Does this mean mass crypto adoption is on the way? Everyone Wants a Slice of Crypto Pie Rumor has it Fidelity Digital Assets (FDAS) officially filed an application to operate as a trust in the U. дальше »
2019-7-21 05:43 | |
Crypto Custodian Anchorage To Set Up Subsidiary In South Dakota, Anchorage Trust Company
After securing a license from the state of South Dakota, Anchorage Trust Company will set up its headquarter in Sioux Falls. U. S. Sen. Mike Rounds of South Dakota confirmed the news of the removal of the regulatory hurdle in a U. дальше »
2019-7-17 19:03 | |
Australian Civil Servant Caught Mining Crypto With Government Hardware
The Australian Federal Police (AFP) has charged a government employee alleged to have misused government IT infrastructure for personal cryptomining operations, per a press release. дальше »
2019-5-22 18:47 | |
In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. дальше »
2019-5-13 16:37 | |
NYSE Owner Seeking Bitcoin Custody ‘NY Trust’ License
Bakkt is taking what it hopes will be another significant step toward obtaining regulatory approval as its parent company – Intercontinental Exchange (ICE), acquires Bitcoin custody platform. ICE also plans to register the company as a licensed trust in New York State. дальше »
2019-4-30 18:00 | |
France’s ‘Innovative Legislation’ Misses the Entire Point of Bitcoin
France wants the EU to adopt its “new and innovative legislation” with the idea of “creating trust” (in a trustless technology). But forcing every participant in the cryptocurrency ecosystem to identify themselves through KYC is missing the point entirely. дальше »
2019-4-18 14:30 | |
From Bears to Bulls: Financial Advisors Change Opinions About Bitcoin After Crash Course
Financial advisors only need to be educated on Bitcoin (BTC) to turn from skeptics to believers. Ric Edelman staged a Blockchain and Cryptoasset Pre-Event with Barron’s Top Independent Advisor Summit ten days ago. дальше »
2019-3-30 17:00 | |
Binance’s TrustWallet Adds Stellar Lumens (XLM) to its List of Supported Cryptocurrencies
As per an all-new blog post published on Trust Wallet’s official website earlier today, the company has announced its decision to integrate support for 5 new cryptocurrencies, namely Stellar (XLM), Aion (AION), Kin (KIN), Nimiq (NIM) and Thunder Token. дальше »
2019-3-28 19:58 | |
Scam ICO advertised on CoinMarketCap busted by police in India
Cryptocurrency scams that have been running for years in India are finally getting busted by the local police. Criminal investigation authorities in the Indian state of Gujarat have booked five people for running a fraudulent initial coin offering (ICO) called Bitstrades. дальше »
2019-2-27 19:07 | |
Prime Trust Stops Charging Digital Custody Costs for Crypto Assets
Prime Trust, a digital custodian for cryptos, has decided to use a very curious strategy in order to boost its share of the market. Now, the company will completely stop charging to keep custody of digital assets from its clients. дальше »
2019-2-1 06:21 | |
Ten Years Later, a Reflection on Bitcoin’s Genesis and Satoshi’s Timing
October 31, 2008, and January 3, 2009. The two dates have cemented themselves with Promethean significance into Bitcoin’s lore. On the October 31, Satoshi Nakamoto published the Bitcoin white paper, a constitution of sorts for his revolutionary monetary system and its intrinsic currency. дальше »
2019-1-3 07:14 | |
Why Ohio’s State Treasurer Backs Decision to Accept BTC For Tax Payments
As tax season is rapidly approaching, some states, like Ohio, have decided to set a new standard for the rest of the country to follow. Back in November, Ohio became the first state in the U. дальше »
2019-1-3 20:53 | |
BitGo Hires Trust Company Veteran as CEO of Its Custody Arm
BitGo has a new CEO for its custody business. The cryptocurrency solution provider has recruited Richard Corcoran as its new chief executive officer. Having retired some years back after over 30 years in the traditional banking and finance industry, Corcoran has come out of retirement to lead the BitGo Trust Company, BitGo's crypto custody arm. дальше »
2018-12-8 21:38 | |