Blockchain Smart Contracts Subject to Financial Laws, Says CFTC Primer

Blockchain Smart Contracts Subject to Financial Laws, Says CFTC Primer
The Commodity Futures Trading Commission says smart contracts are covered under financial rules in its new primer on the technology.

Canadian Jewelry Retailer Birks Now Accepts Bitcoin Payments

Canadian Jewelry Retailer Birks Now Accepts Bitcoin Payments
Birks Group, one of the oldest luxury jewelry retailers in Canada, is now accepting bitcoin payments at eight of its stores.

Goldman, Morgan Stanley Go Live With CLS’ IBM-Powered Blockchain

Goldman, Morgan Stanley Go Live With CLS’ IBM-Powered Blockchain
CLS, the bank-owned currency trading utility, and IBM have gone live with their blockchain-based payment netting service after more than two years in development.

Nasdaq, VanEck Partner to Launch ‘Crypto 2.0’ Futures Contracts

Nasdaq, VanEck Partner to Launch ‘Crypto 2.0’ Futures Contracts
The second largest stock exchange in the world - NASDAQ - is partnering with investment management firm VanEck to bring to market a new generation of cryptocurrency futures products.

SEC Chair Clayton: Crypto ETF Needs Exchanges ‘Free From Manipulation’

SEC Chair Clayton: Crypto ETF Needs Exchanges ‘Free From Manipulation’
Token issuers looking to fund their businesses with the proceeds should "start with the assumption that it's a securities offering," according to the SEC's Jay Clayton.

El-Erian: Crypto Will Become ‘More Widespread’ But Not ‘Dominant’

El-Erian: Crypto Will Become ‘More Widespread’ But Not ‘Dominant’
Mohamed El-Erian, the chief economic advisor for Allianz, said Tuesday that he believes cryptocurrencies will become more “widespread” but as part of a broader ecosystem.