Tether, the company behind the world's most popular stablecoin, is doing its best to assure us that it is legitimate—and nobody is using tethers for any kind of funny business.
Banking giant JPMorgan is said to be in talks with ConsenSys to merge the Ethereum venture studio with its in-house blockchain unit Quorum, according to a report in Reuters.
Telegram has been locked in a fierce legal battle with the Security and Exchange Commission, which wants to block the company’s initial coin offering and halt the launch of its Telegram Open Network, or TON, blockchain. But that hasn’t stopped the messaging app company from pushing forward with the technical details of its project. On Feb. 3, Telegram issued the latest version of its technical whitepaper for its TON blockchain—a key piece in actually launching its gram tokens and fulfilling the promises it made to its investors.
The Swiss Financial Market Supervisory Authority, or FINMA, said Friday that it will propose an ordinance for stricter anti-money laundering laws for cryptocurrency businesses. The proposal calls for reducing the threshold for reporting cryptocurrency transactions from the current limit of 5,000 Swiss Francs (roughly $5,120) to 1,000 Swiss francs (roughly $1,025).