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“#NYSE flipflops again on plan to delist Chinese telecom giants” The New York Stock Exchange is reversing course on its own course reversal and will delist three Chinese telecommunications companies after being pressured by outgoing Treasury Secretary Steven Mnuchin. After announcing on New Year’s Eve that it would honor President Trump’s executive order banning Americans…
“# Trump bans Chinese payment apps, including AliPay and WeChat Pay ” With just two weeks left in office, President Donald Trump has sent out a new executive order targeting Chinese payment apps. The Tuesday order bars United States citizens or people located in the U.S. from using nine Chinese payment apps. It continues the White House’s…
“# Japanese telecoms giant Softbank Corp joins crypto regulatory group JSTA ” Softbank Corp, the telecoms arm of the Japanese conglomerate Softbank Group, has confirmed its membership of the Japanese Security Token Association. The company now joins other firms like Mitsui Trust and Qunie — the consulting subsidiary of NTT Data — as members of…
“# Blockchain.com follows other exchanges in delisting XRP ” Popular wallet provider and crypto trading platform Blockchain.com has announced it will be delisting XRP and suspending its trading next week, following in the steps of Coinbase, Binance.US, OKCoin and others. Although, as of press time on Jan. 6, Blockchain.com’s information on supported crypto assets continues…
“# Kyrgyzstan’s central bank opens up crypto draft laws to public discussion ” Kyrgyzstan’s central bank has completed the drafting of two bills designed to recognize and regulate the country’s emerging crypto sector. According to an official announcement, the National Bank of the Kyrgyz Republic has opened up the two bills, “On the Processing of Cryptocurrencies” and “On…
“# Dem candidate beats former Bakkt CEO Kelly Loeffler in tight senate race ” Senator Kelly Loeffler, formerly the CEO of Bitcoin (BTC) futures exchange Bakkt, will not be returning to Washington, at least not as a legislator. According to AP News on Jan. 6, Democratic candidate Raphael Warnock has won one of the tightly…
“# XRP sinks below LTC again after new lawsuit from major investor ” XRP has once again lost its place as the fourth-largest cryptocurrency, with lawsuits mounting against Ripple after one of its major investors followed the SEC in filing a complaint against the project. According to a Jan. 6 report from Bloomberg, Tetragon, one…
“# Slot machine manufacturer gets patent for crypto payment options ” The largest manufacturer of slot machines in the world has just received a patent that would allow customers to access crypto payments for gambling. According to records from the United States Patent and Trademark Office, International Game Technology, or IGT, received a patent today…
“# States sue the OCC and Brian Brooks for overriding their controls on predatory lending ” Eight states and the District of Columbia are suing the national bank regulator over a rule change that just came into effect. Per a Jan. 5 filing, New York’s attorney general is leading the charge against the Office of…
“# Andreessen Horowitz joins push against FinCEN’s 11th-hour crypto rules ” Major venture capital firm Andreessen Horowitz, also known as a16z, is the latest crypto-related form to oppose a recently proposed regulation in the United States. According to a blog post by a16z general partner Kathryn Haun, the Financial Crimes Enforcement Network has issued “a…