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CFTC Chair Says Regulator Is 'Behind' on Blockchain
The U.S. Commodity Futures Trading Commission is "falling behind" in understanding blockchain technology, chairman Christopher Giancarlo said.

Crypto Security Startup BitGo to Custody Zcash
Cryptocurrency security startup BitGo says it is adding privacy coin zcash to its supported crypto assets.

Singapore Airlines' Blockchain-Based Loyalty Program Takes Off
Singapore Airlines has officially launched its blockchain-based loyalty program for frequent customers.

BlockFi Raises $52.5 Million in Round Lead by Novogratz's Galaxy Digital
Crypto-lending firm BlockFi raised $52.5 million in a fundraising round led by Mike Novogratz's Galaxy Digital.

SEC Delays Decision on Asset Manager's Bitcoin ETFs Until September
The SEC has delayed a decision on whether to approve five bitcoin-related ETFs, public documents reveal.

UK Central Bank Says New Payments System Will Be Blockchain Friendly
The Bank of England confirmed it is going to update its Real-Time Gross Settlement system to potentially interact with blockchain-based forms.

Crypto Stock Exchange Operator Pleads Guilty to Fraud
Jon Montroll, who ran the now-defunct bitcoin investment platform BitFunder, has pled guilty to securities fraud and obstruction of justice charges.

US Chamber of Commerce Calls for Clarity on ICOs
The U.S. Chamber of Commerce urged the SEC and CFTC to provide clear guidance on initial coin offerings to encourage more token sales to launch.

Google Cloud Inks Deal With Blythe Masters' Blockchain Startup
Google Cloud is teaming up with distributed ledger startup Digital Asset to provide development tools for blockchain apps.

Mastercard Had An Outage, So Crypto Had a Field Day
Mastercard suffered an outage last week that led to a hold-up for some transactions – and crypto supporters on social media quickly pounced.
