Its new service, Kraken Financial, could make it easier for consumers to pay their bills and even receive their salaries in crypto
Kraken Financial can now battle the banking industry (Photo: Wikimedia Commons/Pierre Denys de Montfort)
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Commodity Futures Trading Commission Chair Heath Tarbert wants to regulate softly and carry a big stick (Photo: Harvard)Opinion | Congress must act now on cryptocurrency regulation
The election hype will soon doom any hope of a clear legal framework being in place by 2020.
Members of Congress love to drag the CEOs of large companies into hearings to show off in front of their constituents. The best recent example is the grilling of Facebook's Mark Zuckerberg over the company's Libra cryptocurrency project. Now, this over-the-top political production is threatening to spoil a good opportunity to provide the regulatory clarity so desperately needed by the cryptocurrency industry...
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Must-reads for August 28, 2018
Here are the crypto stories you should be watching today
Tether (USDT) New Intervention Lifts Bitcoin (BTC) to $6,800 (Cryptovest) In answer to the question, “Why is bitcoin trading above $7,000”, note that $50 million in tethers were sent to Bitfinex just a few hours before the rally, though $30 million went back shortly thereafter. Bill Cosby Using Bitcoin To Keep Creditors, Government & His Wife From $500M Fortune (Radar) This is a kind of weird story that seems to rely on “sources.” Nonetheless, if true, it means the 81 year-old star of “Leonard Part 6,” who made millions of dollars selling sugary snacks like Jell-O and Coca-Cola to children, is hiding his money. Hey, Bill, your money can’t…
