IBM Corp., one of the leading technology providers for creating crypto, revealed that two bullish U.S. banks are gauging the benefits of following JPMorgan’s position in issuing a stablecoin. JPMorgan is the biggest U.S. bank in terms of assets, it moves over $5 trillion in wholesale payment daily. The move by IBM threatens Ripple in one way or another.
The entire crypto community is waiting for the approval of Bitcoin exchange-traded funds (ETFs). Since last year, more than 9 ETFs have been rejected by the United States (U.S) Securities and Exchange Commission (SEC).
Frenchman whistleblower Hervé Falciani, the ex-mole of tax evaders, officially presented his blockchain-based project aiming to fight fraud and money laundering. The former UBS senior system engineer, who published the 'top secret' list of tax evaders that had financial accounts at the branches of the Swiss bank in the 2008 Valencia Polytechnic University bang, went in exile in the city of Madrid, Spain. Falciani became famous as the HSBC former employee.
The world’s second-biggest stock exchange, the Nasdaq, has integrated the long-awaited Ethereum and Bitcoin liquid indexes into its GIDS (Global Index Data Service), which offers data receivers either directly or via a third-party supplier, the chance to decrease network, administrative and data center costs by considering one data feed, instead of many.
Regardless of the unswerving rejections of Exchange-Traded Fund (ETF) applications set forth up to the present time, optimism is still high amongst some cryptocurrency users, that the imminent ETF decision may eventually be the one that is approved. That was until Jay Clayton, the U.S. Securities and Exchange Commission (SEC) chairman reassured those hopes again when he presented in a speech at Coindesk’s Consensus Invest Conference in New York.
As February approaches its end, the cryptocurrency ecosystem is expecting two hard forks from Ethereum (ETH) this week: Constantinople and St. Petersburg upgrades. A TRON hard fork will also occur at the end of this month.
The U. S. Security and Exchange Commission announced on February 20, 2019, that cryptocurrency startup Gladius Network LLC had formally settled charges of functioning on unregistered securities offerings.