EY Executive Says Bitcoin Has No Practical Use in India

An EY executive who recently visited India and met with a number of government agencies has voiced his opinion about the future of cryptocurrencies in the country. He believes that bitcoin has no practical use, is just another “foreign” currency, and its widespread adoption could be “very damaging to the global economy.” Also read: SEC … Read more

In the Daily: Opera Browser, EY Tax Tool, Elliptic, Cryptopia Exchange

In this edition of The Daily we cover the next step in the crypto strategy of the Opera browser, a new tax reporting tool for major cryptocurrency investors from EY, a response from Coinbase’s former surveillance partner Elliptic, and an update on hacked New Zealand exchange Cryptopia. Also Read: Gibraltar Exchange to List Bitcoin Cash … Read more

In the Daily: Quadrigacx Transfer, Tokenized Bonds, Beam Investment, Rakuten Pay

In this edition of The Daily, Canadian exchange Quadrigacx has transferred its remaining crypto funds to the court appointed monitor Ernst & Young. In Germany, the federal securities regulator Bafin has authorized an STO. Also, Beam has found a new investor and Rakuten plans to integrate cryptocurrencies into its mobile app. Also read: Sirin Labs … Read more

In the Daily: Quadrigacx Losses, Bithumb UAE, Coinbase Cloud Backup, Chainalysis Funding

In this edition of The Daily we cover a number of developments related to different cryptocurrency exchanges. A report shows that Quadriga has “lost” another half a million dollars, Bithumb is expanding its reach to the UAE, and Coinbase has launched a controversial new cloud backup service. Additionally, Chainalysis has raised further funding to help … Read more

PR: Last Chance to Contribute to Modex Tech ICO

The Modex ITO closes this Monday, on September 24t (6:00 pm CET). This is your chance to sign up and support the company developing the world’s First Multi-Protocol Smart Contract Marketplace with comprehensive dev tools, meant to help developers make smart contracts event smarter. The post PR: Last Chance to Contribute to Modex Tech ICO … Read more

The Daily: Coinbase Forms Political Action Committee, EY Acquires Crypto Patents

In The Daily on Saturday, crypto exchange Coinbase has formed a political action committee to raise funds for US elections. Also, Ernst & Young has announced the acquisition of crypto technology and patents, and Indonesian crypto POS terminal maker Pundi X is looking to expand in South Korea with a new partnership. Also read: Minsk … Read more