Month: August 2021

BCX: CoinDesk’s Bitcoin Cash Price Index

The CoinDesk Bitcoin Cash Price Index (BCX) is the world’s leading reference for the price of bitcoin cash (BCH), used by the largest institutions that are active in the crypto market. Asset allocators, asset managers, market participants and exchanges all rely on the BCX to provide a real-time, USD-equivalent spot rate for bitcoin cash. The BCX is one of a suite of single- and multi-asset indices offered by CoinDesk.* !function(){“use strict”;window.addEventListener(“message”,(function(a){if(void 0!==a.data[“datawrapper-height”])for(var e in a.data[“datawrapper-height”]){var t=document.getElementById(“datawrapper-chart-“+e)||document.querySelector(“iframe[src*=’”+e+”‘]”);t&&(t.style.height=a.data[“datawrapper-height”][e]+”px”)}}))}(); Index licensing To inquire about real-time feeds, historical data and benchmark licensing options for…

Blog: As the Children’s code comes in – what’s next?

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A blog by Stephen Bonner, ICO’s Executive Director of Regulatory Futures and Innovation 25 August 2021 The transition year is up and the Children’s code comes fully into force on 2 September. It’s a ground breaking code that creates a better internet for children by ensuring online services likely to be accessed by children, respect a child’s rights and freedoms when using their personal data. As you’d expect it’s already having an impact on these services. Facebook, Google, Instagram, TikTok and others have all made significant changes to their child…

Should You Invest in Bitcoin for Retirement?

As the bitcoin market matures, there is an increasing number of options available to add the digital currency to retirement plans. Bitcoin has been consistently gaining momentum over recent years, despite lingering concerns about its high volatility, energy consumption and risk of fraud. Last year, bitcoin (BTC) – the native cryptocurrency of the Bitcoin network – trounced gold and the S&P 500 with a 164% return. Gold, by comparison, rose 21% last year, and the S&P 500 Index gained 13%. Even with the current rebounding post-pandemic economy, bitcoin continues to…

ICO fines company for illegal pensions calls

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The ICO has fined Halifax-based company Parkin Beacher Ltd (PBL) £50,000 for making illegal marketing calls to people about their pensions. The business, which operates under the trading name ‘Your Pension Options’, called people about their pensions when they were not authorised to do so. This is against the law. The ban on pensions cold-calling came into force in 2019 making it illegal for companies to make nuisance calls to people about their pension schemes except where: the caller is authorised by the Financial Conduct Authority (FCA), or is the…

New certification schemes will “raise the bar” of data protection in children’s privacy, age assurance and asset disposal

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The Information Commissioner’s Office (ICO) has approved the first UK GDPR certification scheme criteria. Certification was brought in under the UK GDPR as a way to help organisations demonstrate compliance with data protection rules and, in turn inspire trust and confidence in the people who use their products, processes and services. Certification works by providing a framework for organisations to follow, which offers clients and customers assurance that they are adhering to strong standards. Organisations with expertise in a particular area can develop scheme criteria. The ICO has approved the…

Could Walmart’s Crypto Expert Vacancy Reveal a Future Crypto Strategy? – Blockchain News, Opinion, TV and Jobs

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Walmart, the largest private employer in the United States, with 2.3 million employees placed a vacancy seeking a crypto expert to oversee, what could be, their upcoming digital currency push. The US supermarket chain has placed the ad for the position of product leader who will have the important task to outline their cryptocurrency strategy. According to the job posting Walmart is looking for a “visionary leader”, with at least 10 years of product management or technology experience to develop its blockchain strategy, preferably someone possessing “significant functional knowledge of…

Evolve Funds Files for Crypto ETF in Canada

Evolve Funds has filed a preliminary prospectus with the Ontario Securities Commission (OSC) for an Evolve Cryptocurrencies exchange-traded fund (ETF). The Evolve Cryptocurrencies ETF gives investors “indirect exposure” to certain cryptocurrencies selected by an investment manager, weighted on a market cap basis and rebalanced monthly, the firm said in a press release. (The ETF began trading Sept. 29 on the Toronto Stock Exchange.) Purpose Investment was the first firm to receive OSC approval and launch a bitcoin ETF in North America. Evolve is Canada’s second ETF issuer to have a…

The First Euro Stablecoin Gets a Boost

There’s a chasm between the fast-developing world of decentralized finance (DeFi) and the old-school world of regulated TradFi, or traditional finance. The core rationale of DeFi is that there is no central entity in charge of authorizing or overseeing transactions. And as more DeFi products come to market, that chasm grows wider, like a centrifugal force pulling the two worlds apart. Luckily, decentralized stablecoins can bridge the divide between DeFi and TradFi. The very idea may sound contradictory, but it’s made possible by using a parallel system. Parallel stablecoins are…

Bitcoin ATMs and the Road to Adoption

Last week, I published a report looking at the resurgent growth of the crypto community in Puerto Rico. Bull markets are a breeding ground for tax minimization strategies and crypto’s wildest ambitious to remake the world. And while there is a crush of rich crypto investors, builders and founders to the island known for its lenient tax code, crypto is just another professional, white-collar industry there. Andrew Barnard, founder and president of Bitstop, one of the largest bitcoin ATM networks, wrote in offering insight into what crypto is like on the ground.…

Crypto Is Moving to Puerto Rico Once More

One element that defines the latest crush of crypto-native emigres to the island is the insistence that the move means business. Pantera, one of the most watched hedge funds in crypto, have relocated to San Juan. So have CoinMint, a large bitcoin miner, SuperRare, a well-established non-fungible token (NFT) platform, and legendary crypto power couple Amanda and Sam Cassatt, ConsenSys alums turned marketing guru and venture capitalist, respectively. Source