Institutional Cryptocurrency Interest Is Booming, Regulations Need to Catch Up

With institutional interest in crypto assets growing, crypto-specific projects and traditional finance companies alike have been ramping up their institutional offerings to cater to the needs of this specific client base. Though a lot of effort has been put into building secure infrastructure and solutions for financial institutions to enter the cryptocurrency field, unclear regulations…

New Research Offers Insight Into Iranian Bitcoiners

Iran has been a mixed environment for Bitcoin lately, with citizens interested in participating in the community, a government hit heavily with economic sanctions and nationally subsidized power that makes it an attractive hub for mining operations. Research announced by analytics firm Gate Trade on September 11, 2019, offered some more insight into the popularity…

CipherTrace Unveils Travel Rule Protocol for Cryptocurrency Businesses

Blockchain security firm CipherTrace has formally announced the release of its Travel Rule Information Sharing Architecture (TRISA); a new way for cryptocurrency businesses to satisfy regulatory pressure to enforce the travel rule, which requires financial institutions to share information of fund transfers. TRISA is described as a reference implementation that can be integrated into cryptocurrency…

The Bakkt Bitcoin Futures Warehouse Is Live

Bakkt has announced that the Bakkt Warehouse, its qualified custodian arm, is now open for business. The company has previously announced that the warehouse is protected by $125 million in insurance and leverages the same protections that are used by the New York Stock Exchange (NYSE). The Intercontinental Exchange (ICE) serves as a parent company…