MicroStrategy, a major backer of bitcoin, has said as of this week that its non-employee directors will now get fees for their services in bitcoin, Reuters reported. MicroStrategy said the fees for directors will be converted from the U.S. dollar to bitcoin via a payment...
The Commodity Futures Trading Commission has issued a judgment against a Ponzi scheme operator, David Gilbert Saffron, and a Nevada corporation, Circle Society, a press release says, to pay together the amount of $14,841,280 to defrauded pool participants, disgorgement of $15,815,967, and a civil monetary...
Bitcoin exchange Kraken is looking at going public via a direct listing next year, CNBC reported. The recent surge in bitcoin’s value has contributed to Kraken’s plans, as the company is one of the biggest crypto exchanges and now boasts over 6 million clients, according...
South African cryptocurrency exchange ICE3X is closing down its operations almost a month after suspending deposits and trading when the platform discovered “discrepancies” in its Bitcoin and Litecoin holdings, according to a status update published Tuesday (April 6). The exchange has been advised to begin...
Paxos, a cryptocurrency firm, said it will apply for a formal clearing agency license from the U.S. Securities regulator now that a pilot test has been completed, Reuters reported. In the pilot test, Credit Suisse and Instinet had used the platform for same-day trade settlements,...
The cryptocurrency market capitalization has hit a new peak of $2 trillion as of Monday (April 5), with numbers from CoinGecko and Blockfolio reporting strong gains as institutional and retail investors pile on, Reuters reported. The crypto market was sitting at $2.02 trillion as of...
Former SEC chair Jay Clayton has warned of new bitcoin regulations possibly coming soon, CoinDesk reports. He said that while the crypto is currently considered a non-security at the SEC, that doesn’t mean it should go without regulations. Clayton, who was speaking as a citizen,...
Morgan Stanley has registered to add bitcoin exposure to a dozen investment funds, according to a company filing with the Securities and Exchange Commission (SEC). The filing stated that certain funds might have been exposed to bitcoin “indirectly,” through cash settled futures or investments with...
RocketFuel Blockchain, which works on one-click online payments with bitcoin and other cryptocurrencies, has rolled out a blockchain-based payment solution, according to a press release. The service lets customers pay via 43 different cryptocurrencies or through a direct transfer, the release stated. RocketFuel does away...