Notably, Levey recently served as chief legal officer of HSBC, as well as Under Secretary of the Treasury for Terrorism and Financial Intelligence through multiple administrations, including both G.W. Bush and Obama.

The Chiliz platform is making their blockchain-based app Socios available to UFC fans... Using Chiliz’s signature CHZ coin, holders can exchange tokens on the platform for tickets to UFC events, experiences, and related rewards.

The COVID-19 lockdown means power plants around the world are producing excess electricity... In response, Ukraine’s acting energy minister is encouraging the country’s state-owned operator of nuclear power plants to take advantage and consider mining cryptos.

A higher hash rate indicates more computing power in the bitcoin network (in other words, high participation from miners), and rates around previous halvings have shown similar trends to price in the months and years that followed.

CEO Jeffrey Sprecher said the company had “opportunistically repurchased shares,” spending $300 million at $92 per share during the recent quarter while maintaining the company’s leverage, as measured by EBITDA...

In terms of monthly transfer volume, Fireblocks said it had surpassed more than $7 billion from over 40 institutional customers, including a number of Asian firms, fueling expansion to Singapore and Hong Kong.

According to its April 29 earnings report, Silvergate Bank added 46 new crypto customers in the first quarter and saw fee income and deposits increase from those customers due to COVID-19 crypto volatility...

Matrixport users from around the world can now buy cryptos via Visa or Mastercard using the platform’s website or app, which currently accepts over 20 fiat currencies as payment...

The explosive growth of security tokens shows investors want to trade private securities... The PPEX offers a means to responsibly develop protocols and systems for trading these securities on secondary markets.

Digital securities are here... We know what they can do, and the opportunities that they can open up. All that is needed now is a good sales pitch, and adoption will come... and Vertalo is leading the charge.

The move signals China’s wider efforts to test out the digital currency project, with state-owned commercial banks already developing wallet applications in anticipation of widespread adoption...

The approval means that Gemini’s financial operations and customer reporting controls are capable of mitigating the risk of significant error, omission, and data loss, per guidelines set by the American Institute of Certified Public Accountants.

The trade was settled in less time than usual (just five days) and with increased security and transparency... The transaction also reduced the need for paperwork and otherwise complex trade settlement processes.

Central banks are concerned about the widespread adoption of stablecoins threatening the global financial system... And as some make recommendations to heavily regulate or even ban them, the crypto markets are preparing for the worst.

Bitcoin advocates are warning of money losing all sense of value as the U.S. weighs a new $400 billion stimulus measure to pay every adult $2,000 a month for half a year...

The record-keeping platform will store mortgages, warranty deeds and titles, as well as providing provenance on land ownership in the small county of less than 15,000 people...

Bitcoin miners currently make about $13.4 million a day in terms of revenue... But after next month’s halving, miner revenue will drop by nearly 50% and make mining unsustainable for many smaller, inefficient operations.

A Deutsche Bank analyst reports that a group of central banks have formed a think tank to explore digital currencies with a focus on addressing the economic impact of COVID-19.