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New Partnership Allows TrueUSD Traders to Audit The Coin’s Backing Assets

A new partnership between stablecoin TrueUSD (TUSD) and accounting firm Armanino purportedly allows traders to conduct instant audits of the token’s backing. The news was announced by TrueUSD in a blog post on Mar. 5. The dashboard developed…
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Widow of QuadrigaCX CEO Denies Hiding Assets from Crypto Creditors

Jennifer Robertson, widow of QuadrigaCX CEO Gerald Cotten, has asked a judge to put a restructuring specialist in charge at the failed crypto exchange, saying her management role has brought unwanted public attention. In an affidavit filed…
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Japan’s Number Two Bank by Assets Completes R3 Blockchain-Based Trade Finance Trial

Japan’s second-largest bank by assets, Sumitomo Mitsui Banking Corporation (SMBC), has completed a proof-of-concept (PoC) using blockchain consortium R3’s Marco Polo trade finance platform. A press release confirmed the PoC completion on…
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Crypto Assets to Be Regulated Differently in the US, Potential Impact on Industry

The United States government could regulate crypto assets and tokens differently than stocks and traditional assets by altering the existing regulatory framework on securities. On Dec. 22, CNBC reported that two congressmen — Warren Davidson…
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Coinbase Considers Adding 30 New Crypto Assets to Its Exchange

After adding support for several new tokens over the past months, Coinbase has revealed more than 30 crypto assets it is considering for listing. However, the San-Francisco-based exchange is not adding the 31 tokens to its platform just yet,…
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Hacked Japanese Crypto Exchange Zaif Releases Financial Support Plan for Customer Assets

Hacked Japanese cryptocurrency exchange Zaif has announced an official plan to provide financial support for affected customers’ assets, in an official notice posted today, October 10. As previously reported, the exchange suffered a security…
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Money or Assets? How World Governments Define Cryptocurrencies

Cryptocurrencies — what are they? Money? Commodities? Securities? Utility tokens? Or something else? Few national governments seem to be in any kind of agreement on this question, and for now, at least, their divisions have given such currencies…
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Coinbase Custody Considers Addition of 37 New Assets Including XRP, EOS and XMR

San Francisco-based exchange and wallet service Coinbase announced today, Aug. 3 that it is exploring the addition of 40 new assets to its custodial service, Coinbase Custody. The blog post stresses that the crypto assets may be added “for…
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Among Digital Assets, Only Digital Currencies ‘Can Really Be Used at Present’

A PwC Switzerland executive said that among the various types of digital asset, only digital currencies are can reasonably be used at present, according to a post on the PwC website July 31. In the post, Roland Stadler, Senior Manager and Data…
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Coinbase Announces Five Possible New Assets, Makes No Guarantees For Trade Listing

San Francisco-based cryptocurrency exchange Coinbase has announced that it is examining the addition of five new coins, according to a blog post published July 13. The trading platform is exploring the possibility of adding new assets to its…