The proposal of state-owned cryptocurrency is forwarded to the lower house which will decide any further action.
The exchange has set a seven-day deadline to its users and submit this forms by the 24th of May.
The Department of Financial Services (DFS) of New York has granted Genesis Global Trading a BitLicense making it the fifth firm to get the license in a period of three years as well as the first trading firm which is based in New York to get it.
Jack Ma says that blockchain technology is very crucial for the growth of internet finance systems.
Former Wall Street executive Brian Kelly launches a new fund focused on investments in the blockchain and cryptocurrency industry.
The website aims to educate investors about how investors are likely to get trapped in lucrative fake schemes.
The new ETC Labs incubator platform will help startups to develop new projects while driving further the development of ETC’s blockchain network.
The launch of these two services will give CME Group a lead towards launching Ethereum Futures on its own platform.
Amazon Web Services has formed a partnership with Consensys in order to make enterprise blockchains faster and easier to deploy. The partnership was revealed earlier this week during Consensus 2018.
These institutional products will help Coinbase expands its wings in the crypto business and more importantly, it will lure big financial organizations to enter the crypto space.