CryptoCurrency News: Swiss Banks Enter the Age of Bitcoin

An emerging trend in wealth-stashing Switzerland: crypto-friendly banks.

via CoinDesk

CryptoCurrency News: In First ‘Pure Crypto’ Hire, Silvergate Bank Recruits Blockstream Liquid Network Exec

Benjamin Richman, formerly director of business development and partnerships at Blockstream, will help the crypto-friendly bank pursue its ambitious goals for serving the crypto industry.

via CoinDesk

CryptoCurrency News: 3 More Execs Leave Swiss Stock Exchange’s $100M Blockchain Project

Three executives have left SDX, the blockchain-based venue for digital asset trading owned by Swiss stock exchange operator SIX Group, since the year began, including two founding team members.

via CoinDesk

CryptoCurrency News: Kevin Owocki on Gitcoin, Controversy and the Future of Open Source Funding

The founder of one of crypto’s most buzzed about projects discusses the origins of Gitcoin, controversy, and why open source funding needs to evolve.

via CoinDesk

CryptoCurrency News: Vodafone Is the Latest Big Company to Quit Facebook-Founded Libra Association

Telecom giant Vodafone has left the Libra Association, the eighth company to pull out of the Facebook-led digital currency project since the fall.

via CoinDesk

CryptoCurrency News: Huobi Opens Brokerage Platform for Institutional Investors

Huobi is opening a brokerage, headquartered in Gibraltar, to better serve its institutional clients.

via CoinDesk

CryptoCurrency News: Merchants Can Now Accept XRP Via Crypto Payment Processor BitPay

If $XRP is burning a hole in your pocket you can now spend it at retailers served by BitPay (along with $BTC, $BCH or $ETH)

via CoinDesk

CryptoCurrency News: Square Crypto Is Creating a ‘Lightning Development Kit’ for Bitcoin Wallets

Square Crypto is hoping to galvanize Lightning development with a new tool kit, currently under construction.

via CoinDesk

CryptoCurrency News: Crypto News Roundup for Jan. 21, 2020

Join CoinDesk Podcast Editor Adam B. Levine and Senior Markets Reporter Brad Keoun for a daily, time saving rundown of top news impacting crypto markets today.

via CoinDesk

CryptoCurrency News: 6 Central Banks Form Digital Currency Use Case Working Group

The working group will pool research into CBDCs.

via CoinDesk

CryptoCurrency News: Paxos Launches Automatic Conversions Between Bank Deposits and Stablecoins

Paxos is enabling a new auto-transfer feature to streamline the conversion of funds between bank accounts and stablecoin deposits.

via CoinDesk

CryptoCurrency News: Grayscale’s Bitcoin Trust Is Now Open to More Investors as SEC Reporting Company

The trust’s shares are now registered under the Exchange Act of 1934, making the Grayscale Bitcoin Trust the first cryptocurrency investment vehicle to become a reporting company.

via CoinDesk

CryptoCurrency News: Switzerland Softens Tone on Libra After Ex-President Says Project ‘Failed’

Switzerland may be attempting to repair its relations with Libra following a blunt statement from the country's president.

via CoinDesk

CryptoCurrency News: Regulated Fintech Firm Monerium to Issue E-Money on Algorand Blockchain

Monerium, which has a European Economic Area e-money license, will bring fiat currency transactions onto Algorand's protocol.

via CoinDesk

CryptoCurrency News: Bitcoin Price Indicator Eyes First Bullish Turn Since August

Bitcoin's case for a rally to $10,000 over the next few weeks looks stronger with the weekly MACD histogram about to turn bullish for the first time in five months.

via CoinDesk

CryptoCurrency News: India’s Central Bank Explains Why It Blocked Banks From Using Cryptos in Court Filing

The Reserve Bank of India has said in a court filing that it had "ringfenced" financial institutions from dealing with digital assets over perceived risks, but hadn't banned cryptos.

via CoinDesk

CryptoCurrency News: Do Custodians Wield Undue Influence on Crypto Market Prices?

Noelle Acheson warns of the consolidating power of crypto custodians, and the influence this could have on asset prices.

via CoinDesk

CryptoCurrency News: Canada Forges $130,000 Development Deal for Steel-Tracking Blockchain

The Canadian government has awarded enterprise blockchain startup Mavennet a procurement contract for the development of an on-chain steel-tracking platform.

via CoinDesk