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.
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CryptoCompare starts ranking good, bad, and ugly exchanges
Top 10 cryptocurrency exchanges announced after grading after the data and indices provider studied more than 100 trading platforms worldwide
Calling the cryptocurrency trading business ripe with fraud and manipulation, cryptocurrency data and indices provider CryptoCompare has begun rating the reliability of exchanges.
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Trading crypto in New York isn't as easy as this picture makes it seem (composite image via Shutterstock).Robinhood adds ‘fee-free’ crypto trading for users in New York and 38 other states
Millennial trading app is all grown up now with their BitLicense.
In April 2018, Millennial trading app Robinhood announced it would soon be available in a handful of states. Complex banking regulations in each state meant that they had a lot of hurdles to get over before they could offer their free crypto and stock trading services in all 50 states. But in January RobinHood announced they had finally gotten a New York State “Bitlicense”, one of fintech’s highest hurdles. Users in New York State can now trade on Robinhood as of May 23.
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Where the magic happens: The Securities and Exchange Commission's Washington, DC headquarters (via Shutterstock).SEC’s long-awaited ICO guidance didn’t change anything, says Wall Street Blockchain Alliance’s Joshua Klayman
Crypto investors who thought the agency’s plain English guidance would suddenly free them from securities laws were unrealistic
The Securities and Exchange Commission’s much heralded “plain English” guidance on what makes an ICO a security wasn’t the good news many people thought it was. That is, wrapped in nicer language, the conclusion reached on May 16 by the Wall Street Blockchain Alliance, which had 11 attorneys and its chairman, Ron Quaranta, studying the document for nearly six weeks.
