BitGo, one of the largest and oldest custodians for digital assets, is joining the fast-growing business of lending out bitcoin and other cryptocurrencies to big investors. The Palo Alto-based…
Tag: digital
Singapore’s Court of Appeals Rules Against Quoine Exchange in Landmark Crypto Case – CoinDesk
Singapore’s Court of Appeals has ruled against digital currency exchange Quoine in a landmark case relating to a breach of contract that saw the platform unlawfully reverse seven trades….
Secretive Digital Fiat Project Emerges With New Partner as CBDC Chatter Grows – CoinDesk
As central bank digital currencies (CBDCs) march into view, a privately-run version of digital fiat is adding a key tech partner. Utility Settlement Coin (USC), the blockchain-based payments system…
Blockchain Pioneer Caitlin Long to Build Crypto Bank in Wyoming – CoinDesk
The U.S. may soon get its first dedicated bank for digital assets. A Wyoming corporation founded by blockchain legislative champion and Wall Street veteran Caitlin Long is preparing to…
Central Bankers From Canada, Netherlands, Ukraine Call Blockchain Unnecessary for Digital Fiat – CoinDesk
KYIV, UKRAINE — Central bank digital currencies (CBDCs) have been a hot topic in blockchain circles recently, but central banks are lukewarm about blockchains. Representatives of a number of…
Sweden’s Central Bank Finally Embraces DLT, but Only in Simulation Mode – CoinDesk
Sweden’s central bank will soon trial a blockchain-based digital currency – but it’s still in its very early stages, at best. Announced Thursday, Sveriges Riksbank’s e-krona pilot is the…
E-Commerce Giant Shopify Joins Libra Association – CoinDesk
Digital commerce platform Shopify has joined the Libra Association. The company announced the move in a blog post Friday, becoming the latest member of the Facebook-founded stablecoin developer. Shopify…
New Settlement Layer to Offer Asian Crypto Institutions Local Alternative to Silvergate Bank – CoinDesk
Legacy Trust’s digital asset division has plans to create the first settlement layer in Asia for institutional investors trading both fiat and cryptocurrencies. First Digital Trust (FDT) announced Friday…
Why We Should Stop Thinking of ‘Crypto’ as a Single Industry – CoinDesk
Enterprise blockchains, central bank digital currencies, digital collectibles, DeFi and bitcoin. How much do they really have to do with one another? The “crypto” industry is having a hard…
Morgan Stanley Buys E*Trade in $13B Deal – CoinDesk
Investment bank Morgan Stanley is buying digital stock brokerage E*Trade for $13 billion. According to the Wall Street Journal, the consolidation will give Morgan Stanley an inroad with E*Trade’s…