In a world where many regions face bleak prospects for the future, cryptocurrencies and other blockchain technologies could be used to improve the living conditions in third-world countries. While they are generally seen as a first-world commodity, Parul Gujral writes for The Market Mogul that blockchain technology could also be applied to developing countries in…
Here are the top stories for each day in June 2018 in the cryptocurrency world (focus on U.S.): 1st – IMF Official Calls for Regulation, Tech Adoption by Banks to Fight ‘Crypto Competition’ 2nd – Japan’s SBI Group Launched Cryptocurrency Trading Platform with Ripple 3rd – New York State May Launch a Cryptocurrency Task Force 4th – John McAfee…
As the Zcash Foundation prepares for its first gathering, owners of the project are hoping to clear the name of non-profits in the crypto industry, as reported by Coindesk. Other crypto organizations of the kind have a mixed reputation, as critics view them as little more than a potential tool for legal workarounds and nepotistic…
According to Circle CEO Jeremy Allaire, every fiat currency in the world is destined to have its crypto version. To speed up the process, Allaire told CNBC this week, he and his firm plan to unveil a virtual currency tethered to the U.S. dollar, an idea they dubbed the “USD Coin”. Thanks to sizeable investments…
As regulatory bodies continue to improve their policies regarding digital assets, crypto enthusiasts have been paying special attention to comments from officials involved with the matter. And while many of them have already assumed a decidedly positive stance on cryptocurrencies, few have given them as much praise as CFTC commissioner Rostin Behnam. In his speech…
After developing one of the top altcoins on the market, Ripple aims to spread its influence further by funding a major blockchain research effort, reports Coindesk. The company is no stranger to blockchain technology, as their flagship coin currently ranks as the third-largest cryptocurrency by market cap. And despite their heavy focus on brokering support…
CryptoSlate’s Bill DeLisle wonders whether Bitcoin can go even further beyond its current utility and serve as a gauge for an entirely different market. As is the case with any cryptocurrency, Bitcoin is sometimes thought of as a way to go against the monetary establishment by switching to a decentralized payment system. Even as big…
Though Bitcoin once again diverts away from its December 2017 highs, interest in the cryptocurrency by large-scale investors still continues to grow. Coindesk’s annual conference in Manhattan showed that, despite recent dips, major figures in the industry were as keen as ever to increase their exposure to digital assets. As reported by CCN, opinions sometimes…
A recent panel at CoinDesk’s Consensus 2018 conference in New York saw key U.S. regulatory figures discuss the ideal way of approaching digital assets. The panel featured notable lawmakers such as CFTC enforcement director James McDonald, SEC Enforcement Division Cyber Unit chief Robert Cohen, as well as associate deputy attorney general Sujit Raman. Also in…
The New York Stock Exchange could be the latest institutional giant to adopt Bitcoin by introducing a specialized trading platform. A report by The New York Times states that Intercontinental Exchange, the NYSE’s parent company, has already begun implementing a Bitcoin-oriented platform aimed primarily at larger investors. Although details remain scarce, the trading desk would…
