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Riot Blockchain to Launch Regulated Crypto Exchange in the US

Riot Blockchain is planning to launch a regulated crypto exchange in the U.S., the CoinDesk writes. The publicly traded U.S. company that has faced regulatory issues for a sudden pivot to blockchain, revealed in a filing with the U.S. Securities and Exchange Commission (SEC) Friday that the new entity will be called called RiotX and will develop three […]

Major US Retailer Kroger Drops Visa, Morgan Creek Digital Suggests Lightning Network

As the CoinTelegraph announced, Morgan Creek Digital founder Anthony Pompliano has suggested that major United States retailer Kroger should deploy the Lightning Network in its stores, following the brand’s decision to stop accepting Visa at some locations. According to Pompliano’s tweet from Mar. 3, the negotiations have already started. On Friday, Mar. 1, Kroger officially announced that its […]

Bloomberg: Crypto Companies Still Run Into Trouble Opening Bank Accounts

Companies in the cryptocurrency industry still have trouble opening bank accounts, major financial publication Bloomberg reported on March 3. The report cites the complaint of Sam Bankman-Fried, CEO of quantitative crypto trading company Alameda Research, that “the standard answer of ‘just go to your local Chase branch’ doesn’t work in crypto.” Bankman-Fried also added that it is not illegal […]

Coinbase: Former Provider Sold User Data to Third Parties, Prompting Neutrino Acquisition

Christine Sandler, Coinbase’s director of institutional sales, has defended the crypto exchange’s controversial acquisition of blockchain intelligence firm Neutrino. In an interview with financial news channel Cheddar on March 1, Sandler said that previous client data providers were selling Coinbase user data to outside sources. As reported, major United States crypto exchange and wallet Coinbase first announced the Neutrino acquisition on Feb. 19, […]

Ordinary Stablecoin or XRP Killer? What We Know About JPMorgan Chase’s New Cryptocurrency

On Feb. 14, United States banking behemoth JPMorgan Chase announced its own cryptocurrency, the CoinTelegraph reported. Significantly, it is the first time a major U.S. bank has tapped into digital assets for direct use in business operations. It is fair to say that move comes unexpectedly for JPMorgan Chase, whose CEO, Jamie Dimon, is famous within the crypto community for his anti-Bitcoin […]

Bitcoin Skeptic, Ex-Starbucks CEO Howard Schultz Considers 2020 Presidential Run

As the CoinTelegraph announced, the former CEO and chairman of Starbucks, Howard Schultz, has announced he is considering an independent run in the forthcoming 2020 United States presidential elections, in a tweet posted on Jan. 27. “I love our country, and I am seriously considering running for president as a centrist independent,” he wrote — prompting a spate of critical […]

McAfee to Lead 2020 Presidential Campaign ‘in Exile’ After Alleged IRS Indictment

United States entrepreneur and serial cryptocurrency advocate John McAfee has fled the country to conduct his 2020 presidential campaign, he said in a video statement Jan. 22.  As the CoinTelegraph announced, McAfee claims he has been indicted by U.S. tax authorities and plans to run his campaign from a boat in international waters. The controversial crypto community figure, who plans to run for president of the […]

MIT Professor: Blockchain Can Allow for More Inclusive, Borderless Economy

Blockchain can allow for the creation of a borderless economy, Massachusetts Institute of Technology (MIT) professor Silvio Micali claimed in a interview on Bloomberg’s Daybreak Asia, Jan. 21. Speaking on the show, Micali outlined three major properties of blockchain systems that must function simultaneously to enable a more inclusive and borderless economy — security, decentralization and scalability. According to MIT’s Ford Professor […]

Oceans Apart: Crypto Regulation in the US and EU

Noelle Acheson is a veteran of company analysis and member of CoinDesk’s product team. The following article originally appeared in Institutional Crypto by CoinDesk, a newsletter for the institutional market, with news and views on crypto infrastructure delivered every Tuesday. Sign up here. Spare a thought for the financial regulators: the American ones, with no paycheck during the […]

Is the Window Closing on US Blockchain Leadership?

The internet “should be a place where government makes every effort … not to stand in the way, to do no harm,” said former President Clinton in 1997. That was a precursor statement to the release of a seminal report by the U.S. government, called Global Framework for Electronic Commerce. Its central thesis was known as […]