The Latest News about Cryptocurrency

NYSE Arca has filed a proposed rule change with the United States Securities and Exchange Commission for an application to list shares in a bitcoin investment trust that would be backed by the cryptocurrency and T-bills.

A fintech research institute set up by the People's Bank of China looks to be widening its blockchain development efforts.

Reports of cryptocurrency and foreign exchange scams in the U.K. grew threefold in the last financial year - spiking to 1,834 from 530 in the previous year, according to the country's financial watchdog.

CryptoCompare, a leading provider of cryptocurrency data and indices, found that the top 15 exchanges all experienced an increase in monthly volume.

The primary financial regulator of the United Kingdom, the Financial Conduct Authority, reports that crypto investors in the country lost over $34 million due to cryptocurrency and forex scams from 2018-2019 the Financial Times reports on May 20.According to the data, which the FCA gathered from the U.K. national fraud and cybercrime reporting center, Action Fraud, individual loss due to scams decreased from $76,000 to $18,500 while total losses fell by $14 million.

Crypto as a method of payment has just gotten easier.

"Then there is the money side to blockchain technology. This is a bit difficult, in terms of regulation, we are not yet clear on this and we do not want to do something where regulation is not clear as an exchange. But the technology side is very good."

The United States Securities and Exchange Commission is "Still in information-gathering mode" regarding a bitcoin exchange-traded fund, the managing director of ETF.com told CNBC on May 20.Dave Nadig, managing director of leading authority on ETFs, delivered his comments on the issue during an interview with the ETF Edge show.

The vote to decrease stability fee for MakerDAO's Ethereum blockchain-based decentralized stablecoin Dai has failed, according to the voting results published on May 20.The vote about whether to decrease the fee by 2% to 17.5% per year started yesterday, May 19.

NYSE Arca has formally applied to the Securities and Exchange Commission for a rule change that would allow it to list shares in a proposed bitcoin investment trust.

Dutch bank ABN AMRO announced that it is launching a blockchain inventory tracking platform dubbed Forcefield in a press release published on May 17.Per the announcement, the platform is an Internet of Things solution that allows the monitoring of physical trade inventories with sensors and near-field communication chips.

The United States Internal Revenue Service has prioritized issuing tax guidance on cryptocurrencies, according to a May 16 letter.

Analysts at JPMorgan Chase have said that, after the rally, Bitcoin is trading above its intrinsic value.

The United States Securities and Exchange Commission has delayed its decision on the VanEck and Bitwise bitcoin exchange-traded fund proposal, according to an official SEC filing on May 20.

The U.S. Internal Revenue Service is working on its first tax guidance for cryptocurrency since 2014, the agency's commissioner told a lawmaker Monday.

The VanEck-SolidX Bitcoin ETF was delayed another five weeks in an order issued by the Securities Exchange Commission.

Major global fiber producer Lenzing will implement blockchain tech to bring more transparency to its fiber supply chain, the firm announced on May 17.

Dragonchain, an enterprise blockchain-as-a-service provider originally developed out of a Disney technology incubator, was awarded a patent for a loyalty system that tracks and monetizes time on the blockchain, according to documents published by the U.S. Patent and Trademark Office.

White hat hackers have earned $32,000 in bounties over the last two months by reporting security holes in crypto and blockchain projects, according to a report by Hard Fork on May 20.

Venezuela and Russia are in talks to use the ruble in mutual trade settlements, thereby abandoning the commonly-used US dollar in country-to-country transactions.

Major automobile manufacturers Honda and General Motors are jointly conducting research on electric vehicle and smart grid interoperability using blockchain tech, Japanese news outlet Nikkei reported on May 20.

The U.S. Securities and Exchange Commission has again delayed a decision on a bitcoin exchange-traded fund proposal.

Even as hacked crypto exchange Cryptopia goes into liquidation, the thieves who cleared at least $16 million in ethereum appear to have begun moving the stolen crypto into multiple wallets.

Recently, blockchain-powered network Stellar stopped confirming transactions for more than one hour, effectively going offline.

Weekly trading volume for the world's second largest cryptocurrency by market value, Ethereum, reached its highest notional value in over 17-months on the popular exchange Coinbase.

A senior official in Russia's parliament, the State Duma, has argued that cryptocurrencies have the potential to ruin governments, Russian financial media agency Rambler reported on May 20.

After an initial round of polling last Thursday, MakerDAO token holders have failed to finalize a decision to decrease fees for users on DAI stablecoin loans taken out through MakerDAO's programmatic lending protocol.

London-based global funds network Calastone announced that it switched its entire system for fund trade clearing services to its blockchain Distributed Market Infrastructure in a press release published on May 20.

WhatsApp, the world's most popular messaging platform, will now allow its users to transfer Bitcoin and Litecoin via the Lite.Im bot.

The South Korean city of Seoul will implement blockchain technology in its citizen cards, Korean publication Queen.