• Former CFTC Chairman Chris Giancarlo and SEC Commissioner Hester Peirce
    People,  Regulation

    Crypto Mom tells SEC to go easy on her ICO offspring

    SEC Commissioner Hester Peirce wants to give initial coin offering projects a three-year grace period before securities laws kick in

    SEC Commissioner Hester Peirce has unveiled her proposal to implement a "safe harbor" for crypto startups, allowing them a three-year grace period after their initial coin offerings to achieve a level of decentralization sufficient to pass the Howey test. 

  • Bakkt wallet on mobile phone
    Bitcoin,  Technology

    Bakkt to acquire loyalty program provider Bridge2 Solutions

    The bitcoin futures exchange wants to incorporate rewards points into a consumer app for everyday spending

    Bakkt, the bitcoin futures exchange that launched last year, wants to integrate reward points, game tokens, and cryptocurrency into a mobile wallet that will allow consumers to spend them as dollars.

  • That XRP logo is moving very fast (via Shutterstock).
    Ripple,  Technology

    Ripple, Intermex pen Mexican remittances deal

    International Money Express will use the blockchain payments company’s XRP-powered On-Demand Liquidity service to cut costs and reduce wait times

    In an announcement Tuesday, Ripple said that its technology will be used for a new XRP-based remittance service from Intermex, a money remittance services company focused primarily on the Latin America and Caribbean corridor.

  • Joseph Lubin ConsenSys dividing in two
    Ethereum

    ConsenSys splits in two, cuts 14% of staff

    The once-sprawling Brooklyn-based Ethereum incubator is turning itself into a software company and an investment firm

    The Ethereum-focused startup incubator founded by Joseph Lubin is undergoing another contraction. According to an announcement Tuesday, the Brooklyn, NY-based company will divide itself into two parts, with a core software business retaining the ConsenSys name while a venture arm operates as ConsenSys Investments.

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