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...
Blog
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...
Hillary Clinton’s new tech agenda mentions blockchains.
The extent of the mention in the factsheet on her "Tech & Innovation Agenda" is this: We must position American innovators to lead the world in the next generation of...
Let’s take a deep breath on the FSOC report’s ‘warning on Bitcoin’
Neither Bitcoin nor digital currencies are the subject of the warnings. As the authors say, their concern is “migration” of existing financial systems to distributed ledgers.
The Financial Stability Oversight Council yesterday released its annual report and in it noted “distributed ledger technology” in its discussion of “potential emerging threats and vulnerabilities” to the U.S. financial system. The...
How to improve North Carolina’s digital currency bill
Recently some have hailed North Carolina’s Senate Bill 680 as very friendly to cryptocurrency innovators. This is sadly not the case.
North Carolina’s Senate Bill 680, which seeks to cover virtual currency under the state’s money transmission law, has been making its way through the state legislature. Recently some have hailed...