United States

Bitcoin Hits All-Time High Versus Argentine Peso Amid Presidential Election Risks

May 27th, 201953 The biggest cryptocurrency, bitcoin (BTC), has hit an all-time high versus the Argentine peso amid the ongoing decline of the currency, Financial Times (FT) reports on May 27.According to the report, the bitcoin price has soared to as high as 394,000 pesos ($8,762.95 at press time) per coin, exceeding prices versus the Argentine peso not...

United States

Kik CEO Says Firm Spent $5+ Million on Negotiations With US SEC: Report

May 19th, 201946 Ted Livingston, the CEO of Canadian-based messaging startup Kik, told cryptocurrency news outlet Coindesk that the company spent over $5 million on ongoing negotiations with the United States Securities Exchange Commission (SEC). The news was revealed in a report published on May 16.As Cointelegraph reported at the end of January, the...

United States

Insurance Broker Marsh Rolls Out Proof of Insurance Blockchain App to US Clients

April 26th, 201937 Canada-based global insurance broker Marsh will soon roll out its proof of insurance (POI) blockchain platform to American commercial clients, the firm announced in a press release on April 25.First launched as a Proof of concept (PoC) in April 2018, Marsh’s POI platform will purportedly provide more certainty of insurance coverage as...

United States

Insurance Broker Marsh Rolls Out Proof of Insurance Blockchain App to US Clients

April 26th, 201943 Canada-based global insurance broker Marsh will soon roll out its proof of insurance (POI) blockchain platform to American commercial clients, the firm announced in a press release on April 25.First launched as a Proof of concept (PoC) in April 2018, Marsh’s POI platform will purportedly provide more certainty of insurance coverage as...

United States

Hodler’s Digest, April 15–21: Top Stories, Price Movements, Quotes and FUD of the Week

April 21st, 201962 Top Stories This WeekFinCEN Takes First Enforcement Action Against Peer-to-Peer Cryptocurrency ExchangerIn an apparent first, the United States Financial Crimes Enforcement Network (FinCEN) has given a penalty to a California resident who has been accused of wilfully violating money transmission laws as a peer-to-peer virtual currency...

United States

Institutional Investment in Bitcoin Futures Drops as Price Settles: CFTC

April 13th, 201953 The overall institutional investment in Bitcoin (BTC) futures on the Chicago Mercantile Exchange (CME) decreased this past week, according to data published by the United States Commodity Futures Trading Commission (CFTC) on April 9.The data shows that as of April 9, institutional investors and asset managers had 244 open long positions,...

United States

Universal Protocol Alliance to Launch Euro-Pegged Stablecoin in April

March 29th, 201972 The Universal Protocol (UP) Alliance, a coalition of blockchain firms including crypto exchange Bittrex and decentralized browser Brave, will launch its own euro-pegged stablecoin in April, according to a press release on March 28.The UP’s stablecoin, dubbed the Universal Euro (UPEUR) will be pegged to the euro on a 1:1 basis and will...

United States

Argentina’s Dep. Finance Minister: Crypto Adoption Could Reduce Demand for US Dollar

March 29th, 201967 Huobi Group CEO Leon Li met with senior Argentinian finance officials this week to discuss the role of blockchain and crypto in the country’s economy, according to a press release shared with Cointelegraph on March 29.In a meeting in Beijing, Argentina’s Deputy Minister of Finance, Felix Martin Soto, claimed that the government...

United States

US Institutional Crypto Exchange Seed CX Expands to Asia With New Partnership

March 24th, 201958 United States-based institutional cryptocurrency exchange Seed CX has partnered with Singapore-based fintech company Hydra X to offer its trading service in Asia. Seed CX announced the development in a press release published on March 21.Per the announcement, Seed CX will join the list of supported digital asset trading venues available...

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Full House: Crypto Cards Show a Strong Hand in 2019