This Week in Crypto
BitMEX launches an XRP quanto swap, the World Economic Forum develops a CBDC framework, and Amun launches an Inverse Bitcoin ETP.
Bakkt plans to launch a consumer app, bitcoin cash miners plan to roll out a soft fork, and Binance invests in open-data framework provider Numbers.
Vodafone drops out of the Libra Association, Square Crypto launched a Lightning Development Kit, and Huobi launched a brokerage platform for institutional investors.
South Korean regulators review a crypto taxation plan, Raiz Invest was granted approval for a retail bitcoin fund, and a Bitfinex-backed startup yielded $1.4 million in revenue last quarter.
KyberSwap leaves the EU due to new regulations, Grayscale surpasses $1 billion in total investments, and Libra launches a technical development committee.
Gemini launches an in-house insurance company, former CFTC Chair Giancarlo forms the Digital Dollar Foundation, and Bithumb seeks to nullify a $70 million tax bill.
The Enterprise Ethereum Alliance (EEA) launches a TestNet, Bitwise withdraws its bitcoin ETF application, and Anchorage acquires data analytics firm Merkle Data.
Chainalysis lays off 39 employees, Shanghai police allegedly raid Binance offices, and Silvergate Bank announces plans to launch crypto lending and custody services.
Polymesh migrates from Ethereum to Parity’s Substrate, the U.S. Federal Reserve responds to a letter in regards to a Central Bank Digital Currency, and ShapeShift launches its “FOX” exchange token.
The IRS investigates Bitcoin ATMs, Fidelity Digital Asset Services has been granted a trust license, and Grayscale Investments seeks SEC reporting company status.
© 2020 This Week in Crypto.
Get to the latest crypto news.