Legal Expert Katharina Pistor Weighs in on Facebook’s Libra

Legal Expert Katharina Pistor Weighs in on Facebook’s Libra

“You can’t put the genie back into the bottle,” said Katharina Pistor at our exclusive event in DC during the Libra hearings. Pistor, the Edwin B. Parker Professor of Comparative Law at Columbia Law School, explored the legality – and importance – of corporate tokens like Libra in a world that seems reticent to adopt them. “Facebook’s […]

Goldman Sachs Predicts US-China Trade War to Continue into 2020, Will It Benefit Bitcoin?

Goldman Sachs Predicts US-China Trade War to Continue into 2020, Will It Benefit Bitcoin?

Economists at global investment bank Goldman Sachs believe there to be no end in sight to the ongoing US-China trade war. Although damaging to economic interests in both nations, the lack of resolution may well be bullish for Bitcoin. The cryptocurrency has historically performed well at times of heightened geopolitical tension. This is due to […]

IRS Warnings to Bitcoin Traders Offer Clues to Coming Tax Guidance

IRS Warnings to Bitcoin Traders Offer Clues to Coming Tax Guidance

As U.S. cryptocurrency users eagerly await tax guidance from the Internal Revenue Service (IRS), they can find hints of what may come in the agency’s recent warning letters. The tax collector said earlier this year that its first guidance on crypto since 2014 is coming, but it’s not clear what information will be provided or when it will […]

IBM Files Patent for a Blockchain-Based Web Browser

IBM Files Patent for a Blockchain-Based Web Browser

A new patent application from IBM describes a blockchain-based web browser. Filed on August 6 by the United States Patent and Trademark Office, IBM’s patent is for a web browser backed by a peer-to-peer network. The browser collects pre-specified information from web browsing sessions, according to the patent. The information is then transferred to a network of […]

How Ray Dalio-And A Politicized Fed-Could Catalyze A New Generation Of Bitcoin Investors

How Ray Dalio-And A Politicized Fed-Could Catalyze A New Generation Of Bitcoin Investors

Yesterday, President Trump took to Twitter to castigate the U.S. Federal Reserve for not cutting rates swiftly enough. Noting that three countries—New Zealand, Thailand and India—each announced surprise rate cuts on Wednesday, Trump said the Fed was not keeping pace: [The Fed] must Cut Rates bigger and faster, and stop their ridiculous quantitative tightening NOW… We […]

South Korean Fintechs Are Creating a Blockchain for Trading OTC Securities

South Korean Fintechs Are Creating a Blockchain for Trading OTC Securities

A blockchain platform for the trading of unlisted securities is being developed in South Korea, according to a report in the Chosun Ilbo. The goal is to take transactions that are now expensive, slow and insecure and make them efficient and accessible to a wider range of investors. Six local participants are involved in the project, including […]

California Couple to Forfeit Cryptocurrency Riches After Drug Bust

California Couple to Forfeit Cryptocurrency Riches After Drug Bust

A California couple has pleaded guilty to a series of crimes related to darknet cryptocurrency deals, according to a Department of Justice filing on August 6. Jabari and Saudia Monson are required to forfeit an undisclosed sum of bitcoin and bitcoin cash they acquired from selling illicit goods on Dream Market, a prominent anonymized marketplace. Between July 2018 through January 2019 […]