Intro Last week, on Wednesday July 10th, 2019, the Financial Transaction and Reports Analysis Centre of Canada (“FINTRAC”) published the long awaited final version of amendments to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (“PCMLTFA”) in the Canada Gazette. The new regulations form part of a larger legislative initiative to strengthen Canada’s […]
As we approach 500 crypto-focused hedge funds and VC firms, and top executives from finance and tech firms flee to build crypto companies and products, the overall cryptocurrency market is slumping. We take a look at why optimism is sky-high, when everything appears red.
Coinbase may soon add five new coins to their trading platform: Stellar, Cardano, Basic Attention Token, Z-Cash, and 0x. They’ve also been approved to acquire three companies that deal with securities trading, setting the stage for Coinbase to sell security tokens.
Digital currencies are attractive to countries with less banking and financial infrastructure. Will any countries adopt a blockchain currency soon? Venezuala, Rwanda and Switzerland may be the closest to having a cryptocurrency.
As Bitcoin prices climb, we take a look at three psychological factors that are affecting investors. Why have investors, especially those with deep pockets, stayed out of virtual currencies? What do the 2013 and 2017 price explosions tell us about the psychology of traders and investors?
I wrote a piece last September titled ‘Why Our Economic Liberty Depends on the Blockchain’, providing an analysis on why I am certain distributed ledger technology is important to securing our rights under the law in the digital age. In an ever-increasing realm of technology that is meant to improve (in positive ways) facets of […]
Bitcoin has a scalability problem. Or does it? The Lightning network could change the game when it comes to scaling the world’s most popular digital currency. How does it work and what does it mean for the crypto markets? We take a look in this article.
The SEC has officially decided that Bitcoin and Ethereum are not to be treated as “securities.” As “commodities,” they do not need to be registered or follow the same regulations that companies do when they sell shares or stocks on the private market.
BlackRock, the world’s largest financial asset manager, has announced that they are looking at creating a new ETF with holdings focused on blockchain technology and cryptocurrencies. We look at how this would open up the digital currency market to a huge inflow of institutional and private investor money.
It’s been a fascinating start to 2018 for Bitcoin and other cryptocurrencies. The end of 2017 saw a massive bull run that carried with it many of the major ‘altcoins’. Ripple surged after (incorrect) rumours surfaced that it was going to be…
The SEC has recently denied 9 Bitcoin ETF proposals, as it wants greater controls on market manipulation and fraud. We look at the interplay between Bitcoin “whales,” investors, regulators and traders, and what it means for the future of cryptocurrency ETFs.
As featured on CoinDesk. In this opinion piece, Goldman argues that no economy is free from the risks of human imperfection and that a ‘trustless’ system like the blockchain is needed in a free-market economy. Milton Friedman once said, “Only government can take perfectly good paper, cover it with perfectly good ink and make the […]
Medici Land Governance was spun out of Overstock.com to use blockchain technology to address problems with land titles and records. They announced their first government partnership with Zambia. We take a look at MLG and Overstock’s history of big bets.
Clearly, financial institutions are taking notice that Bitcoin and other digital currencies are not just part of a passing trend. As these recent announcements highlight, not only are traditional financial institutions entering the digital currency market, they are entering with varying business models. This increase in capital and financial acumen has the potential to push the digital currency industry to new heights.
Facebook has reversed its ban on cryptocurrency advertising. Speculation runs rampant on if the social network will soon be entering the digital currency market. Could facebook create a new bitcoin? Will they buy an exchange? We take a look.
The European Parliament’s report urges regulators to avoid hasty bans on Bitcoin and other digital currencies. The report highlights Bitcoin and Ethereum’s usefulness in smaller “monetary jurisdictions” and in nations or regions of political and economic instability.