Following Goldman Sachs’s moves to begin trading Bitcoin, the New York Stock Exchange’s parent company is said to be in talks to open a virtual currency exchange.
Nathaniel PopperThe parent company of the New York Stock Exchange has been looking at setting up a new exchange that would allow big banks and investors to buy and hold Bitcoin -- a significant step beyond the Bitcoin futures contracts that exchanges have so far offered.
Some think the technology that was introduced with Bitcoin has enormous potential. That has a number of countries looking to influence its future.
Nathaniel Popper“Look, the internet belongs to the Americans — but blockchain will belong to us," a Russian member of the FSB told delegates to an international body trying to create blockchain standards.
Nathaniel PopperWhy did the Russian spy show up at the ISO group creating international standards for blockchain technology?
Gary Gensler, who once led the Commodity Futures Trading Commission, has joined M.I.T., where he is warning about potential problems for virtual currencies.
Nathaniel PopperGensler, who used to lead the CFTC, says that Ether and Ripple -- but particularly Ripple (XRP) -- should likely be categorized as unregistered securities based on the way they were created and sold
Nathaniel PopperOne of Wall Street's former top cops, Gary Gensler, is getting into the blockchain at MIT, but he says there is likely pain ahead for some of the biggest virtual currencies, Ether and Ripple
A group led by the venture capital firm Andreessen Horowitz is proposing that some virtual currencies not be regulated as securities.
Nathaniel PopperThe Venture Capital Working Group led by Andreessen Horowitz quietly met with the S.E.C. and suggested that some virtual currencies be protected from the dreaded status of being a security
The data firm was hoping to do its own so-called initial coin offering and quietly helped promote other companies in the unregulated industry.
Nathaniel PopperDragon Coin raised $300m last year with the help of Cambridge Analytica. Since then Dragon Coin has sponsored a race car team and an Everest climb but they have repeated delayed launching the product they promised last year.
Nathaniel PopperCambridge Analytica made a big but very quiet push into the virtual currency industry over the last year and planned to launch its own initial coin offering before the Facebook scandal hit