A French central banker is calling for a global regulatory framework on crypto assets. In a speech at an Official Monetary and Financial Institutions Forum (OMFIF) meeting in London on Tuesday, Denis Beau, a deputy governor of Banque De France,…
Two former heads of the Commodity Futures Trading Commission (CFTC) are offering up a plan for a government-sanctioned, blockchain-based digital dollar. In an op-ed for the Wall Street Journal published Oct. 15, J. Christopher Giancarlo, former CFTC chair, and Daniel Gorfine,…
A U.S. federal grand jury indicted a South Korean citizen for operating the largest child porn site by volume, where visitors spent millions of dollars worth of bitcoin to pay for the illegal content. Jong Woo Son, 23, the owner…
The Oxford English Dictionary, published by the Oxford University Press, has added “satoshi” to its compendium of the English language. First used less than seven years ago, satoshi is the newest word added to the dictionary. The addition was made as…
At Devcon 5 last week, CoinDesk’s Leigh Cuen sat down with MyCrypto CEO Taylor Monahan to chat about user adoption and the state of ethereum. [embedded content] Founded in 2015, MyCrypto makes the blockchain more accessible through customer-first products for…
Trade finance in Korea is headed to the blockchain according to a CoinDesk Korea story and other local press reports. The transition could be completed by 2021, while foreign-exchange transactions are set to be conducted using the technology within months. In…
U.S. Treasury Secretary Steven Mnuchin said backers of Facebook’s cryptocurrency Libra dropped out of the project over concerns that the stablecoin project would not meet regulatory standards. Speaking on CNBC, Mnuchin said that if Libra wouldn’t meet US money-laundering standards…
A group of major automakers are about to hit the road with the first field testing of a blockchain-based vehicle identification network next month in the U.S. As reported by Nikkei Asian Review, BMW, General Motors, Honda, Ford and Renault are…
Investors who trade cryptocurrency also tend to take bigger risks in the stock market, suggesting they are seeking dopamine more than diversification, according to a recent study. The paper, titled “Are Cryptocurrency Traders Pioneers Or Just Risk-Seekers? Evidence From Brokerage…
When cryptocurrency fans gathered in Osaka, Japan, this week for the Devcon developer conference, the halls were filled with buzz about smaller projects seeking access to ethereum’s decentralized finance smorgasbord, especially loans and financial products, via interoperability. “Connecting to other…