A resolution calling for a pro-bitcoin national policy was just introduced in Congress.
A resolution isn't binding, but we love this bi-partisan pro-innovation, pro-fintech, and pro-cryptocurrency statement.
The bi-partisan H.R. 835 was introduced by Rep. Adam Kinzinger and co-sponsored by Rep. Tony Cardenas. Its preamble cites bitcoin and blockchain innovation: Whereas emerging payment options, including alternative non-fiat...
A law firm just filed a petition with the CFTC asking for a “comprehensive rulemaking” on Bitcoin.
Actual delivery of a commodity after an exchange exempts you from commodity futures regulations, so what the heck counts as "actual delivery" of bitcion?
Steptoe and Johnson, which has many Bitcoin industry clients, is asking that the commission clarify what constitues as “actual delivery” of bitcoins after a transaction. As Houman Shadab, Andrea Castillo,...
Is your crypto-crowdsale a security?
Peter Van Valkenburgh went on The Ether Review podcast to discuss the work we have done in educating securities regulators about the finer points of DAOs and other cryptotoken based crowdfunds.
The legal test for what is and is not considered a security is pretty flexible. Beyond the financial instruments that obviously fit the bill, things as weird as orange groves...
What does Coin Center actually do day-to-day, anyway?
That’s a question we’re frequently asked, and the reason we’re asked this so often is because we rarely talk about what we actually do day-to-day. We don’t talk about it...
Maybe the EU’s proposed new AML rules are not so clear after all.
While they distinguish between custodial and non-custodial wallets, what custodial means is not defined.
While I think it’s very heartening they seem to draw a distinction between custodial and non-custodial wallet services, Bitcoin Magazine reports that some in the Netherlands are unsure what would...
The UK’s new blockchain welfare benefits trial has privacy advocates freaking out.
But the larger concern here is that governments should avoid using proprietary software for "blockchain" initiatives; that's how you ensure privacy.
Representatives from the Open Data Initiative say: Experimenting with putting highly personal data in immutable data stores is fraught with danger. To avoid undermining trust in government’s use of data, DWP should...
The OCC’s new banking risks report mentions “virtual currency” twice.
In context, the risks the report identifies are not as dire as they might seem at first blush.
The first mention is: Banks and other businesses continue to receive extortion demands to be paid in virtual currency in exchange for preventing or stopping distributed denial of service attacks...
A new NYSE-traded Bitcoin ETF is about to give the Winklevoss Bitcoin Trust a run for its money.
The just-announced SolidX Bitcoin Trust, which is backed by New York Mellon Bank, has secured insurance for loss or theft of its bitcoins while the Wiknlevoss trust would be uninsured.
It’s called the SolidX Bitcoin Trust and its S–1 was filed with the SEC today. The most interesting contrast between the two proposed funds is what happens if their bitcoins...
Coverage of the EU’s new digital currency AML rules missed the most interesting bit.
While there was plenty of reporting this week about the fact that the European Commission proposed new EU-wide rules with somewhat stricter requirements than have been applied to date, the fact that these rules would only be applicable to exchanges and custodial wallet providers went largely unremarked.
While there was plenty of reporting this week about the fact that the European Commission proposed new EU-wide rules with somewhat stricter requirements than have been applied to date, the...
DTCC backs Coin Center, Mark Wetjen joins our advisory board
The Depository Trust & Clearing Corporation, the premier post-trade market infrastructure for the global financial services industry, has become of a supporter of Coin Center.
Today I’m happy to announce that the Depository Trust & Clearing Corporation, the market leader in financial clearing and settlement services, has become of a supporter of Coin Center, and...