• FATF stablecoin report
    Regulation

    FATF calls for clampdown on ‘so-called stablecoins’ in new report

    The Financial Action Task Force warns stablecoins have a ‘propensity for mass adoption makes them more vulnerable to be used by criminals and terrorists’

    When a powerful international financial oversight body releases a report on “so-called stablecoins,” you just know it isn’t going to be comfortable reading.

  • Nonprofit decentralized platform launches
    Technology

    Dazaar offers content creators decentralized payment with no cut at all

    Dazaar says those who create and monetize content on its platform will keep 100% of their profits—and they can be paid in a crypto or fiat of their choice

    The peer-to-peer, open-source protocol said it wants to help individuals and organizations monetize ideas and data by allowing them to reach their desired audience without relying on a middleman. In a twist from rival platforms, users will be able to choose exactly how they get paid rather than relying on a platform-specific token.

  • JPMorgan Chase banks Coinbase Gemini
    Cryptocurrencies,  People,  Regulation

    Major bank haul: Coinbase, Gemini break into JPMorgan Chase

    By taking on the regulator-friendly Coinbase and Gemini as clients, JPMorgan Chase has become the first large bank to knowingly agree to do business with cryptocurrency exchanges in years.

    Two major U.S. cryptocurrency exchanges known for aggressively seeking regulatory approval, Coinbase and Gemini, have been accepted as JPMorgan Chase customers, breaking through an important glass ceiling in the financial industry.

  • Bitfinex launches social network
    Cryptocurrencies,  Education

    Bitfinex launches social network for crypto traders

    Bitfinex CTO Paolo Ardoino tells Modern Consensus its Pulse platform’s goal is to foster a sense of community while providing “niche” and “high-quality” content

    Embattled cryptocurrency exchange Bitfinex has launched Pulse, a new social network aimed at helping its traders exchange ideas and share their insights.

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