The U.S. Securities and Exchange Commission (SEC) is launching a new division with the goal of making it simpler for fintech startups – including those launching initial coin offerings – to navigate the legal implications of their products. Announced Thursday, the Strategic Hub for Innovation and Financial Technology (FinHub) will act
The U.S. Marshals agency has announced plans to auction $4.2 million worth of bitcoin (BTC) in November 2018. The sealed bid auction is for nearly 660 bitcoins which were seized in a series of federal criminal, administrative and civil cases over the years. The haul comes from cases against convicts like Thomas Mario
On Monday the cryptocurrency payment processor Bitpay announced the company is now supporting settlement options using two stablecoins — the Gemini dollar and the Circle Centre coin. Not only can Bitpay merchants settle in BTC, BCH, and local fiat currencies, but they can also utilize a U.S dollar-equivalent digital currency.
Kenya’s government plans to deploy blockchain technology to manage a government housing project of half a million units, Kenyan news outlet the Star reported Oct. 15th. Within the affordable housing program the government of Kenya reportedly aims to build half a million units by 2022, and assist contributors earning less than 100,000 Kenyan Shillings ($998) as they cannot afford mortgages.