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South Korean Gov't Announces Second Study Group for Blockchain Regulations
The South Korean Ministry of Science and ICT is going to run a follow-up study on blockchain regulations, according to a Yonhap News report on May 21.The study is called the "Blockchain Regulation Improvement Study Group" and is part of an initiative run by the government's science and tech arm to figure out how regulations could be improved so that blockchain tech could achieve widespread institutional adoption.
Owning Bitcoin is legal in China
In a recent report, the Beijing News analyzed a case which involved more than 100 people who were scammed out of 7,000 BTC. Wei Xiao, a council member at the Bank of China Law Research Association, stated that owning bitcoin in China is legal.
Copyright Registrations Do Not Recognize Craig Wright as Satoshi Nakamoto
Copyright registrations for the Bitcoin white paper and the bitcoin source code by the United States Copyright Office do not mean that Australian computer scientist Craig Wright is recognized as Satoshi Nakamoto by the government, the Financial Times reported on May 22.
NYMEX Trader: Bitcoin Soon to Move Back to $7,000, Markets to Consolidate
A cryptocurrency trader at the New York Mercantile Exchange said that bitcoin will likely move back to $7,000 and consolidate soon in an interview with CNBC on May 21.
Switzerland's SIX Stock Exchange Is Working on a Swiss Franc Stablecoin
SIX, the Swiss national stock exchange group, is working on creating its own "Stablecoin" - a cryptocurrency pegged to the Swiss franc - to facilitate transactions on the SIX Digital Exchange, CoinDesk has learned.
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 22
Conversely, if the XRP/USD pair rebounds off the 20-day EMA, it can rise to $0.45 and if this level is crossed, a new uptrend is likely.
The Consensus 2019 Videos Are Live
The official Consensus 2019 videos are now available for public viewing.
Bitfinex and Tether Obtain Stay of Demands From New York Supreme Court
Cryptocurrency exchange Bitfinex and its affiliated stablecoin issuer Tether have been granted its stay of demands for which they applied yesterday May 21, according to a blog post published on May 22.
US Copyright Office Says It Does Not 'Recognize' Craig Wright as Satoshi
Even as bitoin SV enjoyed a Craig Wright/Satoshi bump Tuesday, the U.S. Copyright Office was hard at work dispelling notions that it officially "Recognized" anyone as the inventor of bitcoin.
EU Authorities Shut Down Bitcoin Transaction Mixer
The Dutch Financial Criminal Investigative Service has seized the website of a bitcoin transaction mixer in a crackdown involving Europol and other authorities.
Coinbase Payment Processing Service Now Supports Circle's USDC Stablecoin
Major United States-based cryptocurrency exchange Coinbase announced that its cryptocurrency payment processor Coinbase Commerce now supports Circle's stablecoin USD Coin in a blog post on May 20.
Multicurrency Crypto Wallet Integrates Apple Pay, With Google Pay to Follow Within Weeks
A multicurrency digital wallet that enables consumers to store crypto and spend their funds at more than 40 million outlets worldwide has fully integrated Apple Pay.Spend says the latest version of its Spend Wallet app unlocks instant access to the popular iPhone feature, meaning that more than 20 supported cryptocurrencies can be instantly converted to fiat and used to complete a mobile transaction on demand.
Cryptopia Cracked: Are Centralized Exchanges the Way to Go?
This is why breaches like that of Cryptopia are vital to pay attention to, as they also highlight the often-adversarial role that exchanges play with their customers.
Announcing CryptoSlate Research, an exclusive newsletter delivering thoroughly researched analysis and crypto market insight
Since 2017, CryptoSlate's mission has been to provide high quality and objective analysis of the blockchain and cryptocurrency market.
Europol Shuts Down $200 Million Crypto Mixing Service Bestmixer
Dutch, Luxembourg authorities and Europol have shut down one of the three largest cryptocurrency tumblers, Europol reported on May 22.
Four Banks Successfully Test New Blockchain Platform for Processing Promissory Note Loans
A group of four banks have successfully issued a promissory note - a type of legally binding loan agreement - through a new blockchain platform, a news release on May 21 announced.
Upcoming Supply Cut Will See Bitcoin Prices Rise Further, Brian Kelly Predicts
An upcoming supply cut could help bitcoin prices rise further in the coming months, crypto fund manager Brian Kelly told CNBC on May 21.
Ripple Escrow Reporting: Creative Accounting or Much Ado About Nothing?
On May 16, 2019, Coin Metrics released a report detailing discrepancies in Ripple's escrow reporting system.
Coinbase Now Lets Merchants Accept Payments in the USDC Stablecoin
Coinbase Commerce, the cryptocurrency exchange's merchants payments offering, has added support for the dollar-pegged stablecoin USD Coin.
Central Bank of Russia Expects Crypto Draft Bill to Be Adopted in Spring 2019
The central bank of Russia believes that the draft bill on crypto regulation is prepared enough to be adopted in the spring of 2019, local news agency TASS reports on May 22.
Israeli Court Rules Bitcoin Is Not a Currency in Court Case Over Taxes on BTC Gains
An Israeli judge has ruled that bitcoin is an asset and not a currency, local news site Globes reported on May 21.
Collapsed Cryptopia Founder Wants You to Put Funds on His New Exchange
Because there are, apparently, second acts in crypto, the creator of the defunct Cryptopia exchange is trying again with a new exchange product called Assetylene.
Bitcoin Falls Under $7,900 as US Stock Market Sees Minor Uptrend
Wednesday, May 22 - most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin falls under the $7,900 mark again.
Bitcoin Remains On the Defensive With Price Below $8K
View BTC has traded in a narrowing price range over the last 48 hours, aborting the immediate bullish view put forward by Sunday's double-digit gains.
'Fortnite' Maker Teams Up With Crypto's Steam Competitor to Boost Game Development
A gaming platform built on crypto is teaming up with the creator of "Fortnite."
May to Become Strongest Month for CME's Bitcoin Futures Trading: Report
CME Group, the second global exchange to list bitcoin futures, is about to record the biggest trading month for BTC futures trading, industry news outlet The Block reports May 21.
2 Chinese OTC Traders Accused of Illicitly Raising Bitcoin by Promising Interest
Two Chinese over-the-counter traders have been accused of running an illicit bitcoin loan scheme and collecting bitcoin by promising interest on deposits, Chinese newspaper The Beijing News reports on May 22.
Israeli Court Rules Bitcoin Is an Asset in Feud Over Tax Payment
An Israeli court has ruled that bitcoin is an asset and not a currency, and thus subject to capital gains tax.
Blockchain Credit Union Consortium to Use R3's Corda for Cross-Border Payments Product
CULedger, a blockchain consortium and credit union service organization, has chosen enterprise software firm R3's Corda blockchain to underpin its forthcoming cross-border payments product.
Japan: Crypto Exchanges See Threefold Increase in New Accounts Since March
Japanese cryptocurrency exchanges have seen new account openings increase up to 200% in the past two months, Cointelegraph Japan reported on May 22.
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