• United States

    Seed CX exchange wins New York BitLicense

    The digital asset exchange focuses on institutional investors, not the retail clients fueling the current cryptocurrency boom

    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.

  • People,  Technology

    EXCLUSIVE: Stanley Yong, IBM CTO, departs Big Blue

    After Jesse Lund exit, a blow to IBM blockchain ambition and Stellar partnership

    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.

  • Where the magic happens: The Securities and Exchange Commission's Washington, DC headquarters (via Shutterstock).
    United States

    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.