U.S. President Donald Trump has signed an executive order creating a cryptocurrency working group to advance digital asset regulations in the United States. Announced on January 23, this initiative underscores the administration's intention to position the U.S. as a global leader in the evolving digital economy. It follows Trump's promise on the campaign trail and Tuesday's SEC … [Read more...] about Trump establishes cryptocurrency working group to shape U.S. policy
U.S. bank and Hong Kong crypto platform to launch MCO Visa card in U.S.
New York-based Metropolitan Commercial Bank and Foris Inc., an affiliate of digital asset wallet provider, Crypto.com, are planning to launch prepaid MCO Visa cards in the United States. … [Read more...] about U.S. bank and Hong Kong crypto platform to launch MCO Visa card in U.S.
US authorities to regulate crypto market in ‘balanced way’
William Hitman, Director at the Division of Corporation Finance of SEC (Securities and Exchange Commission), sees blockchain as a promising technology of the future. The initial coin offering, he notes, is a vital alternative way of doing business. … [Read more...] about US authorities to regulate crypto market in ‘balanced way’
Crypto news in brief (March 19, 2018): Twitter, Donald Trump, Petro, Coincheck
- Twitter may soon prohibit cryptocurrency advetisements - Donald Trump banned U.S. citizens from using Venezuelan cryptocurrency Petro - Coincheck is expected to stop operations with three anonymous cryptocurrencies … [Read more...] about Crypto news in brief (March 19, 2018): Twitter, Donald Trump, Petro, Coincheck
A sigh of relief after US Senate hearing on cryptocurrency
Bitcoin recovered yesterday from its lowest since November amid the hearing in the US Senate on cryptocurrency market regulation, where Jay Clayton, chairman at the Securities and Exchange Commission (SEC) and Christopher Giancarlo, chairman of the Commodity Futures Trading Commission (CFTC), testified before the Senate Banking Committee. … [Read more...] about A sigh of relief after US Senate hearing on cryptocurrency
SEC stands in the way of cryptocurrency ETFs
The US Securities and Exchange Commission (SEC) has blocked the way to approving several exchange traded funds (ETFs) whose assets include bitcoin and other cryptocurrencies. The regulators believe such financial products do not conform to rules, aimed at protecting ordinary investors. … [Read more...] about SEC stands in the way of cryptocurrency ETFs