Coinbase is said to be preparing to go public, CENTRE blasklisted a decentralized address and U.S. sanctions on China could trickle down to crypto brokerages.
You're reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they're significant.
Coinbase Listing?Coinbase is reportedly preparing to list on the U.S. stock market sometime in early 2021, according to a Reuters report.
Rather than spawning a Bitcoin Utopia, so far the cryptocurrency trend has further aligned Brazil with the U.S. dollar, in part due to the faltering Brazilian real, which hit a record low against the dollar in May 2020.
The U.S. Senate passed the Hong Kong Autonomy Act on Thursday that could, if enacted, restrict foreign banks and subsidiaries of U.S. banks in Hong Kong from accessing the U.S. dollar system.
China's Ministry of Public Security said Wenzhou police arrested 10 individuals suspected of advertising a blockchain smart contract that claimed to generate Huobi Tokens, Huobi exchange's own crypto, that promised returns of 8%, one victim said.
The CFTC will develop a "Holistic framework" for crypto assets by 2024.The London Stock Exchange Group added 169 digital assets to its SEDOL Masterfile service, a global database used to tag and track securities and other investable assets.
"The developing world has produced a wealth of community-based systems that rely on shared values to achieve economic empowerment on their own terms. By studying these informal systems of cooperation, we may uncover opportunities for blockchain to improve on existing practices or help to scale positive impact," she writes.
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.
CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
Blockchain Bites: CENTRE's Blacklist, Brazil's Stablecoin Boom and Coinbase Is Going Public?
gepubliceerd op Jul 9, 2020
by Coindesk | gepubliceerd op Coinage
Chainlink rallies to fresh highs of $16, but data reveals mounting selling pressure
Chainlink's price has flashed signs of intense strength in recent weeks, with each pullback being aggressively bought by bulls.
The Linux Foundation Wants Open-Source Tech to Address Future Pandemics
The LFPHI's goal is to promote the use of open source by public health authorities, which can be scrutinized by anyone, to fight not just COVID-19 but future pandemics as well.
Grayscale Tells SEC Its Bitcoin Trust Rose $1.6B Over Six Months
The total value of Grayscale's flagship Bitcoin Trust increased over $1.6 billion in the first six months of 2020.The New York-based crypto investment firm said the dollar value of total assets in GBTC went from $1.87 billion at the end of 2019 to $3.5 billion by the end of Q2 2020 - an increase of 90%.The disclosure came in a quarterly report filed with the Securities and Exchange Commission last Friday.
Russian Financial Crime Agency Plans AI Tool to Link Crypto Transfers to Users
The Russian agency charged with collecting data to counter financial crimes has proposed building its own software to track cryptocurrency transactions and link them to users.