A week after the U.S. government’s inaction on cryptocurrency regulation drove Jeremy Allaire to move most of his company out of the U.S., the Circle chairman and CEO told congress why.
SeedCX, a cryptocurrency exchange for large institutional investors, announced on July 15 that it has received a pair of virtual currency BitLicenses from the New York Department of Financial Services.
Just two weeks after IBM’s blockchain ambitions fell into doubt with the mysterious departure of Jesse Lund, Big Blue is set to lose another key advocate for the space. Modern Consensus has exclusively learned that Stanley Yong, the company’s Global Lead on Central Bank Digital Currency Solutions, is leaving the company.
Calling the cryptocurrency trading business ripe with fraud and manipulation, cryptocurrency data and indices provider CryptoCompare has begun rating the reliability of exchanges.