Friday, January 4, 2019
CryptoCurrency News: Stablecoin Issuers May Need Licenses in Texas, Unlike Most Crypto Startups
A new memo by the Texas Department of Banking notes that stablecoins may fall under the state's definition of "money" and therefore would be subject to money transmission laws.
via CoinDesk
CryptoCurrency News: Overstock Makes Key Executive Change at Blockchain Subsidiaries
Medici Ventures, the blockchain investment arm of Overstock, is reassigning a top executive to focus on revenue generation at its most prominent portfolio company, tZERO.
via CoinDesk
CryptoCurrency News: Ethereum Studio ConsenSys Teams Up With Chip Manufacturer AMD
ConsenSys is partnering with AMD to provide a new cloud computing blockchain infrastructure aimed at large companies and government agencies.
via CoinDesk
CryptoCurrency News: Ethereum Developers Give ‘Tentative’ Greenlight to ASIC-Blocking Code
Members of ethereum’s open-source development community tentatively agreed Friday to implement a new algorithm that would block specialized mining hardware, or ASICs, pending further testing on the proposed code. If accepted by the network of users that run the ethereum software, the code change, dubbed “ProgPoW,” would block ASICs, such as those made by major […]
via CoinDesk
CryptoCurrency News: Chinese Bank Giants Tap Blockchain in Trade Finance Efficiency Boost
The China Banking Association, the country’s self-regulatory organization for the banking sector, has launched a new blockchain-based platform for trade finance.
via CoinDesk
CryptoCurrency News: $4K Ahead? Bitcoin’s Low-Volume Price Pullback Could Be a Bear Trap
Bitcoin's recent pullback from highs above $4,200 could trap the bears on the wrong side of the market, the price-volume analysis indicates.
via CoinDesk
CryptoCurrency News: Coinbase Exec Leaves Crypto Exchange for Stablecoin Issuer
Vaishali Mehta, a senior compliance manager at Coinbase from November 2017 to November 2018, has joined TrustToken as head of compliance.
via CoinDesk
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