New Celo Alliance Has Same Aims as Libra – And Some of the Same Partners – CoinDesk

The Silicon Valley crypto startup cLabs, focused on mobile payments and the Celo blockchain project, is following another precedent from Facebook’s Libra playbook by launching an industry association through a separate Celo Foundation. Dozens of blockchain companies and investors – including Libra Association members Coinbase Ventures, Andreessen Horowitz, Bison Trails and Anchorage – are committing […]

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Moonshots Capital, DCG, Tezos Back $2.5M Fundraise for Crypto Software Provider – CoinDesk

Crypto software firm Zabo, which claims it can connect bank accounts directly to cryptocurrency wallets, raised $2.5 million to build out its engineering team and add new customers. The Dallas-based firm announced Thursday it had successfully completed a funding round, with participation from Castle Island Ventures, the Tezos Foundation, CoinShares and Digital Currency Group. The […]

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New Jersey Lawmaker Wants to Create a Crypto License – CoinDesk

A New Jersey lawmaker wants to license crypto exchanges and custodians looking to conduct business in the Garden State. Assemblywoman Yvonne Lopez (D.-19) introduced the Digital Asset and Blockchain Technology Act Friday, putting forth a proposal to license any entity looking to provide digital asset trading, storage, purchase, sales, exchange, borrowing/lending or issuance services. The […]

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Paxos, Credit Suisse Claim First Blockchain-Based Settlement of US Equities – CoinDesk

New York-regulated crypto startup Paxos, in conjunction with Credit Suisse and Nomura-owned broker-dealer Instinet, has claimed bragging rights for the first live blockchain-based settlement of U.S. equities.  Announced Wednesday, the Paxos Settlement Service has gone live, allowing for the simultaneous exchange of cash and a select number of U.S.-listed securities on Paxos’ own private version […]

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