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Such a move would come five months after Huobiâs San Francisco-based over-the-counter (OTC) brokerage, Huobi US (HBUS), abruptly halted operations, citing unspecified regulatory roadblocks. At the time, Singapore-based Huobi Group said it would return but did not give a timeframe. Now, the exchange aims to relaunch this business in partnership with a local licensed trading platform, said Ciara Sun, Huobi...
Steven Waterhouse is the CEO and co-founder of Orchid, a privacy tool built on Ethereum designed to let people explore the internet freely. With the global coronavirus pandemic confining billions to their homes, masses of workers everywhere are adjusting to remote work for the first time. This shift is forcing us to negotiate a new reality where there is no...
In times of crisis, people look to their government â or, at least, they want to. They may not have actual faith in the stateâs capacity against a pandemic. But many of us want to believe there's someone with a higher plan. Coronavirus is a test of our faith and trust in government. Can we rely on our leaders in...
Speaking at a contentious White House coronavirus news briefing on Sunday that involved testy standoffs with multiple reporters, President Trump declared that "the peak in death rate" in the coronavirus pandemic "is likely to hit in two weeks," and said the federal government will be extending its social-distancing guidelines through April 30. "The modeling estimates that the peak in death...
Maltaâs financial regulator has issued warnings against two crypto websites that falsely claimed to be licensed by the nation. The Malta Financial Services Authority (MFSA) called out the âCOINMALEXâ and âCrypto Foxtradesâ crypto exchanges in twin warnings Wednesday. Both entities had claimed to be licensed, registered or domiciled in Malta, all of which MFSA denied. COINMALEXâs âaboutâ page features a...
Teddy Fusaro is the chief operating officer at Bitwise Asset Management, a cryptocurrency asset management firm in San Francisco. He has held management and leadership positions at alternative asset management companies for the past decade, and began his career at Goldman Sachs. As America battles the invisible enemy of the novel coronavirus (COVID-19), an exponentially growing silent killer, we find...
Hawaiian regulators have launched a digital currency sandbox initiative that exempts participating crypto companies from Hawaiiâs infamous double-reserve requirement. The âDigital Currency Innovation Labâ by Hawaiiâs Department of Commerce, Division of Financial Institutions (DFI), and the Hawaii Technology Development Corporation (HTDC) will give âselectedâ firms a two-year reprieve from Hawaiiâs state money transmitter license requirement, according to a press release...
Bitcoinâs price crash last week has cast a shadow over mining firms, which have spent over half a billion dollars overhauling equipment over the last six months in preparation for the networkâs next so-called halving. Large bitcoin (BTC) mining farm operators in three countries told CoinDesk theyâve been on a buying spree to upgrade or expand facilities since September, reflecting...
Adam Kokesh, the first libertarian candidate of the 2020 U.S. presidential race, has appointed Alastair Caithness as his chief blockchain policy advisor. The purpose of this role will be to work on the development of a sovereign cryptocurrency, known as AmeriCoin. Going forward, Caithness will focus on the development of a cryptocurrency pegged to all the assets of the Federal...
The crypto community continues to help fight the coronavirus outbreak, with Binance Charity donating new batches of medical supplies to hospitals and disease control command centers. On March 9, Binance Charity announced the completion of the second phase of its philanthropic initiative dubbed âBinance for Wuhan,â wherein the company gave 6 new batches of medical supplies to 130 hospitals, medical...
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