Author: William Foxley

Only 1 Crypto Fund Has Passed Hong Kong’s SFC Regulatory Hurdles in First Year – CoinDesk

CoinDesk

A year after the Hong Kong Securities and Futures Commission (SFC) published initial regulations for funds investing in crypto, only one firm has successfully passed that gauntlet. Hong Kong-based Diginex remains the sole crypto fund to pass the regulatory hurdles Read More

New Blockchain Tool Promises Verifiable Audits in 30 Seconds – CoinDesk

CoinDesk

Accounting and business consulting firm Armanino launched a new blockchain-based tool Wednesday promising firm-originated financial audits in seconds. Called TrustExplorer 2.0, the product is one of several promising to overturn how accounting is done within companies. Which is hardly surprising: by Read More

Crypto Capital Principal Indicted on Fraud, Confirming Bitfinex Allegations – CoinDesk

CoinDesk

Crypto Capital principal Oz Yosef was indicted on three criminal counts by the U.S. Attorney’s Office of the Southern District of New York Wednesday, Oct. 23, confirming statements made by Bitfinex’s general counsel Stuart Hoegner Friday. According to court documents, Read More

President Xi Says China Should ‘Seize Opportunity’ to Adopt Blockchain – CoinDesk

CoinDesk

Xi Jinping, President of the People’s Republic of China and General Secretary of the Communist Party of China, said the country needs to “seize the opportunity” afforded by blockchain technology. Speaking as part of the 18th collective study of the Read More

‘Hell No’: Jack Dorsey Says Twitter Won’t Be Joining Libra Association – CoinDesk

CoinDesk

Twitter will not be joining the Libra Association, according to CEO Jack Dorsey. Dorsey replied with an conclusive “Hell no” to the question of his firm’s potential membership of the Facebook-led crypto payments scheme at a New York City-based Twitter Read More

Crypto Extortion on the Rise, Says Academic Study – CoinDesk

CoinDesk

Crypto-based extortion –  basically the process of using spam-flinging botnet armies to “ransom” dirty pictures and compromising information in exchange for bitcoin  –  has turned virtual crime into child’s play. Speaking this week at the Advances in Financial Technology conference Read More

WATCH: MyCrypto CEO Taylor Monahan on Crypto Adoption and Ethereum – CoinDesk

CoinDesk

At Devcon 5 last week, CoinDesk’s Leigh Cuen sat down with MyCrypto CEO Taylor Monahan to chat about user adoption and the state of ethereum. [embedded content] Founded in 2015, MyCrypto makes the blockchain more accessible through customer-first products for Read More

Libra is ‘Catalytic Event’ for Central Banks, Says Head of Sweden’s Riksbank – CoinDesk

CoinDesk

The Libra cryptocurrency payments project is shaking up central banking, according to the head of Sweden’s central bank. Speaking on CNBC’s “Squawk Box Europe,” Riksbank governor Stefan Ingves said the Facebook-led project has been an “incredibly important catalytic event” forcing Read More

CoinShares, Blockchain Launch Gold Token Network on a Bitcoin Sidechain – CoinDesk

CoinDesk

Digital asset manager CoinShares is putting gold on the bitcoin blockchain. Working with wallet provider Blockchain and precious medal trader MKS (Switzerland) SA, the U.K.-based firm announced Tuesday a gold-backed network for trading tokens representing digitized physical gold, a project Read More