CoinFlash


Finance

Bitcoin Advocate Jack Dorsey to Stay On as Twitter CEO

Dorsey's leadership position had been under scrutiny after activist investor Elliott Management took a major stake in Twitter in February.

CEO Jack Dorsey's company is part of a consortium demanding answers.

Finance

eToro Adds Insolvency Insurance Policy – Crypto Users Not Included

The free insurance scheme covers customers for up to £1 million if the firm should ever become insolvent. But crypto holders are left out in the cold.

etoro, invest

Policy

Cayman Islands Announces Legal Framework in Bid to Attract Crypto Businesses

The Cayman Islands is building a regulatory framework for "virtual asset service providers" with some measures already enacted.

Cayman Islands

Markets

Australia's Central Bank Kicks Off CBDC Research Project With ConsenSys as Partner

The partnership, which also includes top Australian banks, will explore the possible use and implications of a wholesale form of central bank digital currency using distributed ledger technology.

Sydney, Australia

Finance

Swiss Arm of Russia's Gazprombank Launches Institutional Bitcoin Offerings

Gazprombank (Switzerland) has been authorized by FINMA to launch institutional cryptocurrency services in Switzerland.

canadastock/Shutterstock

Finance

Huawei's Mate 40 Phone to Ship With Digital Yuan Wallet

The upcoming Mate 40 line of devices will feature a built-in hardware wallet for China's central bank digital currency.

Huawei Mate 40

Finance

Ripple Keeps Pumping Funds Into MoneyGram

All in, Ripple has funded the money sender to the tune of over $52 million for providing liquidity to one of its payments products.

shutterstock_716391676

Markets

Leaked Docs Reveal How Binance Dealt With US Regulations: Report

Crypto trading colossus Binance created a corporate plan for profiting from the U.S. market while avoiding regulatory scrutiny, Forbes reported Thursday, citing a 2018 document it obtained.

Binance CEO Changpeng "CZ" Zhao says the centralized exchange's BNB tokens might benefit from the decentralization trend.

Policy

Iran Amends Law to Allow Imports to Be Funded With Cryptocurrency

Strapped for international currencies, Iran is turning to cryptocurrency to allow imports to continue flowing.

Tehran, Iran

Tech

Blockchain Firm Figment Raises $2.5M in Funding Round Led by Bonfire Ventures

Figment said the latest round will enable it to continue developing its blockchain staking, governance and developer tools.

Ethereum's London hard fork will burn ether to reduce supply.