Regulation


Tech

Lightning Wallet Zap Launches in-App OTC Desk for Bitcoin Buyers

With new features from Zap, people can now buy bitcoin using the Lightning Network and reduce their reliance on centralized crypto exchanges.

Zap founder Jack Mallers speaks at Bitcoin 2019 in San Francisco.

Markets

SEC Chair Clayton: Bitcoin Needs 'Better Regulation' Before Major Exchange Listing

Better regulation is needed around bitcoin markets before they can be traded on major exchanges, the head of the SEC said on Thursday.

SEC Chairman Jay Clayton

Finance

Binance Is Pitching Its Stablecoin as a Government-Friendly Libra Competitor

Binance is now positioning its Venus stablecoin project as an alternative to Facebook's Libra, a month after downplaying any suggestions of rivalry.

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Markets

Germany Passes National Policy to Explore Blockchain But Limit Stablecoins

Germany's cabinet has passed a national strategy for exploring blockchain tech, while limiting the threat of stablecoins like Facebook's Libra.

Reichstag, Berlin

Markets

BIS Paper Makes Case for 'Embedded' Regulation in Blockchain Markets

An economist at the Bank for International Settlements has come out in favor of building regulation into blockchain-based financial markets.

BIS' headquarters building in Basel, Switzerland.

Markets

Facebook's David Marcus Responds to Critics Over Libra 'Threat'

The head of Facebook's Calibra has spoken out to "debunk" allegations that the Libra project poses a threat to nations' fiscal sovereignty.

David Marcus is the co-creator of the Facebook-backed libra stablecoin. (CoinDesk archives)

Markets

OKEX Korea Drops 5 Privacy Cryptocurrencies Citing FATF Rules

The Korean arm of the exchange has dropped support for privacy-enhancing cryptocurrencies including monero, zcash and dash.

Monero

Markets

Central Banks to Question Facebook-Led Libra Over Financial Risks

The Libra Association is to be grilled by 26 central banks over the perceived risks to financial stability posed by the crypto project.

Benoit Coeure ECB

Markets

US Sanctions Three Alleged Crypto Hacking Groups From North Korea

The U.S. Treasury mentioned cryptocurrency thefts as one of the reasons for the action against the Lazarus Group, Bluenoroff and Andariel.

North Korea military parade

Markets

Facebook's Libra Pushes Back at Claims Project Is Threat to Financial Stability

The head of the Facebook-led Libra Association has responded to claims that the cryptocurrency project threatens financial stability.

Facebok libra coins