Fed Reserve Governor Says Libra Lacks Clarity on ‘Opaque’ Basket of Currencies

A governor of the U.S. Federal Reserve has cautioned the Facebook-driven Libra venture has a “core set of legal and regulatory challenges” ahead. 

Iran President Says Muslim World Needs Own Crypto to Fight US Dollar

Iranian President Hassan Rouhani states the Muslim world needs its own digital currency to fight American economic denomination in worldwide trade and cut dependence on the dollar.

US Authorities Arrest Teenage SIM Swapper Over $1M Crypto Theft Charges

A 19-year-old man has been captured and officially charged in a New York Supreme Court indictment over SIM-swapping identity and cryptocurrency theft. 

Fidelity Exec Envisions Future Where Crypto Custodians Will White-Label Their Services

Fidelity Digital Assets (FDAS) imagines a future where custodians work behind the scenes to store digital currency for other company's customers, similar to supermarkets having their brands on third-party products. 

Tokyo to Test Independent Tokyo YUA Loyalty Coin Point System

Tokyo will test an independent Tokyo YUA loyalty coin point framework along the Tokyu Railway toward the advancement of the United Nation's Sustainable Development Goals.

Chinese Crypto Fitness App Purportedly Under Investigation for Financial Fraud

A Chinese digital currency fitness app has purportedly been put under scrutiny for allegedly unlawful fundraising practices and financial fraud.

Lukka to Start Offering TurboTax-Like Service to Retail Crypto Investors

Lukka, one of the first accounting companies for digital assets, is providing a TurboTax-like service of retail crypto investors beginning on January 15. 

Monero’s ‘Fluffypony’ Steps Down After 5 Years of Leading the Project

The lead maintainer of privacy-oriented monero (XMR), Riccardo "Fluffypony" Spagni, has stepped down. 

SEC Wants to Add New Qualifications to Become Accredited Investor

The U.S. Securities and Exchange Commission (SEC) plans to enable more people and entities to invest into regulated financial instruments. 

China’s Local Court Freezes Bitmain’s $514K Worth of Stake in Its Subsidiary

Bitmain's 3.6 million yuan (around $514,000) worth of stake in its subsidiary Fujian Zhanhua Intelligent Technology Co. has been frozen by a local court in China's Fujian province.

Two Canadian Brothers Plead Guilty to Over $150K Bitcoin Scam

Two Canadian brothers pleaded guilty in federal court over a bitcoin scam worth more than $150,000. 

Fidelity to Set Up New Entity to Serve European Institutional Investors

Fidelity Investments, one of the globe's biggest asset managers, is establishing a new entity to serve European institutional investors in digital assets. 

Crypto Exchange Coincheck Halts Leverage Trading

Japanese digital currency exchange Coincheck has unexpectedly chosen to drop leveraged trading only after relaunching the service. 

Venezuela’s Public Employees, Retirees to Receive Half a Petro Each

Venezuelans, including public sector workers, military, and retirees, are set to get a petro token freebee this Christmas.

New Zealand’s ASB Bank Participates in $1.7M Funding Round for TradeWindow

Owned by the Commonwealth Bank of Australia, the New Zealand-based ASB Bank has joined a NZ$2.67 million (around US$1.7 million) seed funding round for trade finance blockchain startup TradeWindow.