Business

Amazon’s grip on the internet economy appears to be coming for currency next, with the e-commerce giant preparing to launch a “digital currency” project in Mexico.The yet-to-be-announced project, which Amazon sketched out across a series of…

Crypto exchange BitMEX has published a framework of principles for how best to store additional batches of transactional provenance data, a requirement exchanges face as part of new anti-money laundering (AML) rules.In order to fall in line…

Miller Value Funds–run by veteran hedge fund manager and bitcoin bull Bill Miller–may invest in the Grayscale Bitcoin Trust through its flagship fund, the Miller Opportunity Trust. “The Fund may seek investment exposure to bitcoin…

Michael Saylor, the MicroStrategy CEO-turned-king of bitcoin treasuries, called upon fellow business executives Wednesday to avoid the path of financial “serfdom” at his virtual WORLD.NOW bitcoin-themed conference.In his solo address,…

The new military government in Myanmar has reportedly ordered telecommunications companies to temporarily block access to Facebook citing the platform is a threat to the restoration of stability in the country, as part of a broader effort…

Long in the making, Zurich’s Crypto Broker AG announced Monday it has been granted a securities house license by the Swiss Financial Market Supervisory Authority (FINMA). Crypto Broker AG is part of a digital assets conglomerate that…

Visa CEO Al Kelly said the payments giant is in a position to make cryptocurrencies more “safe, useful and applicable” and may add them to the company’s payments network. Speaking on the company’s fiscal first-quarter 2021 earnings call,…

Stani Kulechov used to think angel investing would distract him from leading his company, Aave, one of the top money markets in decentralized finance (DeFi).Attention on Aave proved to be well spent: This time last year, Aave only had a few…

It’s the debate the Federal Reserve isn’t ready to have yet: How to keep inflation from spiraling out of control once the economy opens back up. Considering the devastating toll from the coronavirus and the trillions of dollars of…

Coinbase saw whopping growth in 2020 as bitcoin rallied to close out the year.New numbers published on the Coinbase “About” page Friday show the exchange now has over $90 billion in assets on platform and over 43 million registered users.…