RSK Launches Interoperability Bridge Between Bitcoin and Ethereum – CoinDesk

The parent company behind the bitcoin-based smart contract platform RSK has launched a token bridge joining it to ethereum. Gibraltar-based developer IOV Labs said this week its newly released interoperability bridge would allow users to cross RSK- and ethereum-based digital assets, including ether and ERC-20 tokens, across the different protocols. When a user transfers tokens, […]

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ICE CEO: New Acquisition Opens Trillion-Dollar Market for Bakkt – CoinDesk

Bakkt’s acquisition of a loyalty rewards company will “expand Bakkt’s presence across an asset class that today spans over $1 trillion in value,” its parent company’s CEO said Thursday. Speaking during Intercontinental Exchange’s Q4 earnings call Thursday, Jeffrey Sprecher said the company’s pending acquisition of Bridge2 Solutions, which will ultimately be acquired by the bitcoin […]

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Telegram Drops Technical White Paper for Blockchain SEC Is Trying to Halt – CoinDesk

Telegram, the messaging app company currently facing a legal fight with the U.S. Securities and Exchange Commission over its $1.7 billion token sale, revealed more details about the technical specifications underpinning its TON blockchain Wednesday. A new white paper details the block validation process for its blockchain, describing it as a Byzantine Fault Tolerant protocol […]

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Financial Firm SBI Holdings to Offer XRP Cryptocurrency as Shareholders’ Benefit – CoinDesk

Japan’s crypto-friendly financial services company SBI Holdings will give shareholders the option to receive the XRP cryptocurrency as a benefit. SBI announced on Friday shareholders could either take the benefit in XRP or another product offered by health food and cosmetics subsidiary SBI Alapromo. Under the scheme, new shareholders on the company’s registry as of […]

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UK Financial Service Provider to Coinbase, Bitstamp Awarded FCA Payments License – CoinDesk

A company that provides financial services for cryptocurrency companies including Coinbase, Bitstamp and Galaxy Digital has been awarded a payments license by the U.K.’s Financial Conduct Authority (FCA). London-based BCB Group announced the news Wednesday, saying its subsidiary, BCB Payments Ltd., is now the “first and only crypto-focused” company to have be registered as an […]

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Why Compliance Is the Biggest Team at Bitcoin ATM Startup Coinsource – CoinDesk

Coinsource, a well-known bitcoin ATM company, purchased a booth at this year’s Consumer Electronics Show (CES) in Las Vegas. Given increased interest from the IRS in bitcoin ATMs, we were especially curious about how users reacted when Coinsource increased its know-your-customer (KYC) requirements. “Our compliance department is actually the largest department in our entire company,” […]

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