Author: Danny Nelson

US Prosecutors Charge Founder of ‘IGOBIT’ Token With Fraud – CoinDesk

CoinDesk

U.S. prosecutors charged Asa Saint Clair, the president of a phony United Nations affiliate, with fraud Wednesday, alleging he defrauded investors using the IGOBIT digital token. Prosecutors with the Southern District of New York allege that Saint Clair lured investors Read More

US Congress Weighs Bill Spelling Out CFTC’s Crypto Derivatives Oversight – CoinDesk

CoinDesk

The U.S. Congress will soon vote on a bill providing new information about the Commodity Futures Trading Commission’s (CFTC) authority over the cryptocurrency derivatives markets. A provision in the 2019 CFTC Reauthorization Act clarifies how the regulator would collect information Read More

Pre-Brexit, Koine Wins E-Money License From UK’s FCA, Now Seeking Luxembourg, UAE, US Permissions – CoinDesk

CoinDesk

Digital asset custodian Koine Money Ltd. has secured an electronic money license from U.K. regulators, while it prepares for the eventualities of a future Brexit by seeking permissions abroad. On Thursday, the U.K’s Financial Conduct Authority granted Koine an e-money Read More

‘Clicks and Bricks’ Strategy to Drive Korean Users to Terra’s Blockchain – CoinDesk

CoinDesk

A South Korean mobile payments dapp is rolling out a back-to-basics “clicks and bricks” growth strategy to boost retail adoption. Rather than an advertising blitz or sending an army of bots to make their case on social media, Terra Blockchain’s Read More

Algorand Wins Sharia Compliance Certificate to Enter $70 Billion Market – CoinDesk

CoinDesk

Algorand has been certified as sharia-compliant, the company said Monday. The certification was provided by Bahrain-based Shariya Review Bureau (SRB) and indicates that the Algorand platform adheres to the tenants of Islamic law. It could open up the platform and Read More

You Can Now Get a Master’s in Blockchain From a School in (Where Else?) Malta – CoinDesk

CoinDesk

Malta, the “Blockchain Island” in the Mediterranean, has a government authority to certify distributed ledger platforms, regulations to manage smart contracts and a framework for launching ICOs. Now it has a blockchain master’s program, too. The University of Malta’s Masters Read More

Fed Governor Brainard Identifies Libra Threat, Says Regulatory Hurdles Abound – CoinDesk

CoinDesk

Federal Reserve governor Lael Brainard delivered a sharp critique of Libra on Wednesday, stating the Facebook-led project would need to resolve a number of regulatory hurdles before going live. In a transcript of speech delivered on Wednesday at The Future of Read More

tZERO-Backed Startup Seeks SEC Approval to Launch Security Token Market – CoinDesk

CoinDesk

A firm part-owned by Overstock’s tZERO is seeking regulatory approval to launch one of the first markets for publicly traded, registered security tokens. The Securities and Exchange Commission (SEC) on Friday released a rule change proposal that would allow Boston Read More

Algorand Integrates Tech to Bring Users Detailed Analysis of Largest Blockchains – CoinDesk

CoinDesk

Algorand is gaining the ability to analyze the largest blockchains by adding the PARSIQ monitoring system to its platform, company executives told CoinDesk. PARSIQ is a monitoring tool for compliance officers, market analysts, blockchain developers and researchers. The advance brings new Read More

Energy Commodities Trading Software Launches on Hyperledger Fabric – CoinDesk

CoinDesk

A new software based on the Hyperledger Fabric blockchain was launched for commodities trading for the gas industry. EnHelix Marketplace was unveiled at the Gastech energy conference in Singapore, company executives told CoinDesk. The software streamlines commodities trading with applications Read More