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Ex-CFTC Chairman to Promote Blockchain-Based USD in New Think Tank

News J. Christopher Giancarlo, former chairman of the Commodity Futures Trading Commission (CFTC), plans to promote the blockchain-based United States dollar with a new think tank. Giancarlo, who earned the “Crypto Dad” moniker for advocating a “do no harm” approach to blockchain regulation, is no..

Bitcoin and ETH Are Commodities, While XRP’s Status Is Unclear, CFTC Says

News Bitcoin (BTC) and Ether (ETH) are commodities, while the status of XRP is still unclear, the chairman of the Commodity Futures Trading Commission (CFTC) said. CFTC Chairman Heath Tarbert has reiterated the regulator’s stance on both Bitcoin and Ether in an interview with online news outlet Ch..

SBI Partners With Stock Exchange Boerse Stuttgart to Drive Crypto Adoption

News Japanese financial services giant SBI has partnered with Germany’s second-largest stock exchange Boerse Stuttgart Group to promote the adoption of digital assets. Specifically, SBI will invest an undisclosed amount in two digital asset-focused subsidiaries of Boerse Stuttgart Group — Boerse S..

Fidelity-Backed Startup Fireblocks Is Now Certified Secure by Ernst & Young

News New York-based digital asset security firm Fireblocks has successfully completed a major examination carried out by Big Four auditing firm Ernst & Young (EY). Fireblocks, which provides an institutional-grade platform for secure transfer of blockchain-based digital assets, received the Servic..

South Korea Progresses Bill to Provide Legal Foundation for Cryptocurrencies

News South Korea’s National Assembly is progressing a bill that will provide a legal basis for cryptocurrencies in the country. The bill categorizes virtual currencies as digital assets and intends to bring regulatory clarity and transparency to crypto markets in South Korea, English-language news..

CFTC Chair on Crypto Regulation: We Don’t Want to Snuff out Innovation

News The chairman of the United States Commodity Futures Trading Commission (CFTC) has called for “principles-based regulation” for cryptocurrencies. Heath Tarbert, who assumed his post following former Chairman J. Christopher Giancarlo in July 2019, stated that taking such an approach in regulat..

US CFTC Turns Its Fintech Lab Into an Independent Office in D.C.

News The United States Commodity Futures Trading Commission (CFTC) gives its fintech research unit LabCFTC status as an independent operating office. Blockchain and digital assets are an important part of developmentEstablished by the CFTC in 2017 with the goal of engaging with the fintech communi..

Security Numbering Association to Consider Standards for Digital Assets

News A global association of national numbering agencies has set up a new task force to assess the adoption of name standards for digital assets. All types of tokens to be consideredThe Association of National Numbering Agencies (ANNA) will examine the identification of digital assets such as toke..

Hybrid AI Firm Cindicator Launches Tracking App for 150 Digital Assets

News Hybrid intelligence firm Cindicator launched Edge, a new web app for receiving and tracking indicators for over 150 digital assets. Estimating probability in the marketAccording to a blog post on Sept. 11, the new product called Cindicator Edge targets holders of Cindicator (CND) tokens and i..

Report: No Bank Account Needed to Transfer China’s Upcoming CBDC

News Binance Research, the research arm of the major crypto platform Binance, has reported that no bank account will be necessary to use China’s Central Bank Digital Currency (CBDC). Loose coupling and anonymityBinance Research shared its findings on Aug 28. According to the report, China’s CBDC w..

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