United States $7 trillion investment firm Fidelity will reportedly roll out bitcoin (BTC) trading for institutional clients in the coming weeks, Bloomberg reported on May 6. Citing a source who asked to…
Tag: US financial technology
FinCEN Takes First Enforcement Action Against P2P Cryptocurrency Exchanger
The United States Financial Crimes Enforcement Network (FinCEN) has assessed a civil money penalty for a California resident accused of wilfully violating money transmission laws in his work as a peer-to-peer…
US Legislators Reintroduce Token Taxonomy Act to Exclude Crypto From Securities Laws
Representatives in the United States House of Representatives have reintroduced the Token Taxonomy Act, according to a press release shared with Cointelegraph on April 9. The bill would exclude cryptocurrency from being classified as…
FEDERAL RESERVE SYSTEM BRIEFLY GOES DOWN AS BITCOIN BOASTS 99.98% UPTIME
FEDERAL RESERVE: FEDWIRE GOES DOWN According to several users on different social media, Fedwire, the real-time gross settlement system, owned and operated by the 12 Federal Reserve banks in…
CBOE Re-Applies With US SEC to List Bitcoin Exchange-Traded Fund
The Chicago Board Options Exchange’s (CBOE), along with investment firm VanEck and financial services company SolidX, has re-applied with the United States Securities and Exchange Commission (SEC) for a rule change…
US Credit Union Blockchain Consortium Joins R3’s Global Ecosystem
CULedger, a blockchain consortium and credit union service organization (CUSO), has joined enterprise software firm R3’s global blockchain ecosystem. The partnership was officially revealed in a press release published Dec….
US CFTC Asks for Comments to Improve Understanding of Ethereum Blockchain, Altcoin
The United States Commodity Futures Trading Commission (CFTC) is seeking public comments and guidance on the Ethereum (ETH) blockchain, according to an official press release published Dec. 11. In…
State Farm Tests Blockchain Solution to Speed Up Auto Insurance Claims
U.S.-based insurance company State Farm is testing a blockchain-based solution to speed up the subrogation process for auto claims, according to an announcement published Dec. 10. State Farm is…
US SEC Chairman Jay Clayton: ICOs Can Be Effective, But ‘Securities Laws Must Be Followed’
United States Securities and Exchange Commission (SEC) Chairman Jay Clayton has said that Initial Coin Offerings (ICOs) “can be effective” but that “securities law must be followed.” Clayton spoke…
