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Posts by ccwadmin

G20 Finance Leaders: Stablecoins Present Serious Regulatory Risks

G20 Finance Leaders: Stablecoins Present Serious Regulatory Risks

The G20 finance chiefs of the world agree that global stablecoins give rise to a set of public policy and regulatory risks. On Oct. 18, Reuters reported that the G20, an international forum for the governments and central bank governors from 19 countries and the European Union, have called upon the International Monetary Fund to…

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Crypto Markets Turn Red Once Again, Bitcoin Price Hovers Under $8K

Crypto Markets Turn Red Once Again, Bitcoin Price Hovers Under $8K

Friday, Oct. 18 — Bitcoin (BTC) is suffering from further downward selling pressure and continues to trade below the $8,000 price mark. Cryptocurrency market daily overview. Source: Coin360 Bitcoin traded below the $8,000 price mark for most of the day. The world’s largest cryptocurrency traded at an intraday high of around $8,135, with a sudden…

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6 Darknet Markets for the Crypto Curious – Bitcoin News

6 Darknet Markets for the Crypto Curious - Bitcoin News

If you’ve got a few thousand satoshis burning a hole in your wallet, the darknet beckons. There’s no obligation to spend a single sat while scouring the darker recesses of the web, but it’s nice to know that should you get the urge, your crypto’s good. There are few certainties when shopping on darknet markets…

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Fidelity Investments Fully Rolls Out Crypto Custody Service, Exec Says

Fidelity Investments Fully Rolls Out Crypto Custody Service, Exec Says

American financial services company Fidelity Investments has fully launched its cryptocurrency custody service. Abigail Johnson, CEO of Fidelity Investments, revealed the development in an interview with the Financial Times published on Oct. 18. Johnson said that the company is ready to roll out its crypto custody business following a year-long preparation and accumulation of clients.…

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Craig Wright: Either I’m Satoshi Nakamoto, or He Plagiarized Me

Craig Wright: Either I’m Satoshi Nakamoto, or He Plagiarized Me

Australian computer scientist and tech entrepreneur Craig Wright has asserted that Satoshi Nakamoto, the author of the Bitcoin (BTC) white paper, plagiarized him. Speaking at the CC London Investment in Blockchain and AI Forum 2019, which took place from Oct. 14 to Oct. 16, Wright claimed that he was about to reveal the ultimate proof…

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FATF Joins BIS in Calling Stablecoins 'Global Risk,' Citing Money Laundering Concerns – CoinDesk

FATF Joins BIS in Calling Stablecoins 'Global Risk,' Citing Money Laundering Concerns - CoinDesk

Stablecoins pose a money laundering and terrorist financing risk to the world, the Financial Action Task Force (FATF) said Friday. In documents released after its latest meeting, the intergovernmental organization referred to cryptocurrencies as a “major strategic initiative,” and said cryptos whose values are pegged to fiat currencies could have a particularly big impact. Some…

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Kik Sells Messaging App, Reaffirms Kin Crypto Integration – CoinDesk

Kik Sells Messaging App, Reaffirms Kin Crypto Integration - CoinDesk

The Kik messaging platform has been bought by MediaLab, a holding company which operates Whisper and a number of other apps, the company announced Friday. Kik Interactive, the company behind the messaging platform, previously announced that it would be shutting the app down in October, though CEO Ted Livingston announced last week that a company…

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