An omnibus bill aimed at comprehensive reform of US cryptocurrency regulation was introduced yesterday by Representative Paul Gosar (R-AZ). It is thought to have little chance of passage at present, but, according to lawyers and backers in the industry, it does provide insight into what a top-to-bottom new...
Circle’s full-tilt pivot into stablecoins is nearly complete. The payments startup intends to sell SeedInvest, the crowdfunding platform it bought a year ago, and focus its remaining assets on developing stablecoin products, said Jeremy Allaire, one of Circle’s co-founders and its remaining CEO (fellow co-founder and one-time co-CEO Sean...
Digital assets spot and derivatives exchange Kraken has made a pledge to rebuild services in India, after the country's supreme court overturned a two-year banking ban for cryptocurrency firms a week ago.In a somewhat vague blog post Monday, the San Francisco-based exchange recommitted to the potentially massive market,...
Boston Options Exchange (BOX) is trying again to calm regulatory concerns about ethereum's role in storing ownership records as it seeks permission to launch a security token platform. To that end, the firm has filed an amended proposal with the U.S. Securities and Exchange Commission (SEC), dated Feb....
Gys Hough is Managing Partner at Coinstone Capital, an Amsterdam-based digital asset investment fund focussed on tokenization. Gys is also a partner at Digital Asset Consulting (DIAC) a consulting firm specialized in asset tokenization. Imagine a web-based taxi company where the drivers are the co-owners: a company that automatically...
Tanvi Ratna is the founder and CEO of Policy 4.0 and works actively with policymakers in India on blockchain initiatives. She was formerly blockchain lead at EY India and a fellow on cryptocurrency regulation at the New America Foundation.Industry watchers cheered on March 6 when the Supreme Court...
While the Indian cryptocurrency industry has won a court battle over a central bank-brought block on banking access, the war may not yet be over.The Reserve Bank of India (RBI) – which issued an order to cut off crypto firms from the country's financial system in April 2018...
INX Ltd. has entered the home stretch for its $130 million initial public offering (IPO), potentially the largest registered securities sale by a company in the blockchain sector.The cryptocurrency and security token exchange startup is targeting an April launch date for the IPO, people familiar with the situation...
South Korean lawmakers voted Thursday to place tough new requirements on cryptocurrency exchanges, adding legitimacy to the country’s sprawling crypto economy – and potentially triggering a market consolidation down the road.As reported by CoinDesk Korea, the legislation – an amendment to Korea’s existing Financial Information Act – shores...
Ajit Tripathi, a CoinDesk columnist, is an entrepreneur and crypto co-host at the Breaking Banks Europe Podcast. Previously, he served as a Fintech Partner at ConsenSys and a co-founder of PwC’s UK Blockchain Practice. On Wednesday, the Supreme Court of India overturned the Central Bank’s ban on trading in...