Kraken will suspend XRP trading for the U.S. users
Given the recent SEC filing against Ripple Labs Inc, Kraken is halting XRP trading for U.S. users. The restriction is only for U.S. users and they have time until Jan...
January 16, 2021
Market News
2021
Miami mayor considers diversifying city’s treasury reserve into Bitcoin
Miami’s mayor is considering diversifying the city’s treasury reserves into Bitcoin. In an interview with FOX Business on Thursday, Major Francis Suarez said, Bitcoin price started 2020 at $7,200 and...
January 15, 2021
Crypto-friendly OCC head steps down
Acting Comptroller Brian Brooks will step down today, according to a statement from the Office of the Comptroller of the Currency (OCC). Current Chief Operating Officer – Blake Paulson, will...
January 14, 2021
ECB’s Survey Participants Desire For Privacy And Security In Digital Euro
The public consultation for the digital euro has been concluded. The online survey which was launched on 12 Oct 2020 and concluded on 13 Jan 2020 was responded by more...
January 14, 2021
Visa-backed Anchorage becomes the first federally chartered crypto bank
Visa-backed Anchorage announced on Wednesday that it has become the first-ever cryptocurrency firm to receive a federal charter from the Office of the Comptroller of the Currency. In a statement,...
January 14, 2021
Bakkt is going public at a $2.1 billion valuation
Bakkt, a crypto trading platform is going public at a roughly $2.1 billion enterprise value by merging with a blank-check company called VPC Impact Acquisition Holdings. The deal was guided...
January 12, 2021
UK regulator warns consumers about risks in crypto investment
UK financial services regulator – FCA has gotten tougher on crypto recently – banning the sale of crypto derivatives to retail investors and warns firms operating in the UK without...
January 12, 2021
Purported Crypto Trader Should Pay more than $100M, CFTC Says
The U.S. Commodity Futures Trading Commission asked a Manhattan federal judge to enter a final judgment against a purported cryptocurrency trader Michael Ackerman and his two companies Q3 Holdings LLC...
January 11, 2021
2020
BitGo settles with U.S. Treasury over violations of the sanction program
BitGo, a U.S. based crypto firm that offers both custodial and non-custodial digital wallet management services has agreed with OFAC to remit $98,830 towards the settlement of a violation of...
December 31, 2020
VanEck makes another attempt for a Bitcoin ETF approval
Asset manager VanEck has filed for a new Bitcoin exchange-traded fund (ETF). After Bitwise’s ETF rejection by the SEC last year, VanEck withdrew its application and now has filed for...
December 31, 2020