Track the latest developments in the regulatory landscape.
Digital Securities Receive Red Carpet Treatment in Wyoming
Check out our deep dive into Wyoming’s SF0125, a bill designed to legitimize cryptocurrency by granting legal status to digital currencies throughout the state, becoming the first state to do so if passed. The bill has bipartisan support in the legislature and proponents are excited about its potential for expanding the use of digital currencies within the state. (Jobs Act Lawyer)
Genesis Global Capital Announces $1.1B in Lending in 2018
Crypto loan firm Genesis Global Capital says it processed more than $1.1B in lending and borrowing in 2018, doubling their loan originations in the last three months of the year compared to the first six months of 2018. (Coindesk)
Binance Now World’s Largest Crypto Exchange
Binance, now the world’s largest crypto exchange, has enabled users to buy cryptocurrency via credit card on their trading platform in attempts to widen fiat on-ramps. (CCN)
Merck Patents AI System to Increase Blockchain Security
Pharmaceutical giant Merck won a blockchain patent that uses Artificial Intelligence and blockchain technology to “identify and record any unique feature of a physical object as its so-called ‘fingerprint’”. The technology was created to increase security of supply chain systems and eliminate counterfeit, amongst other uses. (Coin Telegraph)
TRM Labs Closes $1.7M Seed Round
Crypto compliance startup TRM Labs just closed a $1.7M seed round, with VC firm Blockchain Capital leading the way. TRM’s token relationship management platform is designed to streamline AML and KYC efforts for crypto companies. (Coindesk)
?? B2C2 OTC Ltd. Receives Approval from UK Regulators
Crypto liquidity startup B2C2 OTC Ltd. received approval from UK regulators and can now offer “contracts for difference” to counter-parties and professional clients. Investors can gain exposure to crypto markets while avoiding risks using the over-the-counter trading platform provided by B2C2. (Coin Telegraph)
2018 Numbers Show Reg CF Gaining Steam
Regulation Crowdfunding numbers are in for 2018 and Reg CF is gaining steam, with the number of unique offerings increasing 144%. Read all about 2018’s crowdfunding success here!