The cryptocurrency markets remain unphased after an ETF withdrawal announcement on Wednesday did little to affect bitcoin’s price. Reported to CoinDesk.
The U.K.’s Financial Conduct Authority (FCA) has set out proposed guidance for how crypto assets should be regulated in the country. Reported to CoinDesk.
Pennsylvania’s Department of Banking and Securities (DoBS) has clarified that crypto exchanges and service providers do not require a money transmission license to operate in the state. Reported to CoinDesk.
Ripple has partnered with a top Chinese university for a blockchain research program. Reported to CoinDesk.
Financial authorities in the Netherlands are planning a licensing scheme for crypto exchanges and wallet service providers to prevent money laundering and terrorism financing. Reported to CoinDesk.
The proof-of-work (PoW) algorithm used by bitcoin and some other cryptocurrencies is not viable in the long-term and needs to be replaced, argues a new study from the Bank of International Settlements (BIS). CoinDesk reports research.
Bitcoin (BTC) is witnessing the longest stretch of range-bound price activity in three months. Reported to CoinDesk.
An arm of Tokyo-listed internet group Digital Garage is working with bitcoin infrastructure startup Blockstream to test the issuance of a Japanese yen-pegged stablecoin. Reported to CoinDask.
Switzerland-based Cryptocurrency ‘smart card’ wallet manufacturer Tangem has secured $15 million in funding from Japanese finance giant SBI Group, the company confirmed in a press release Jan. 21. Reported to Cointelegraph.