Cryptocurrency services financial services provider Bitcoin Suisse claims to have conducted a Bitcoin (BTC) trade at the highest altitude ever in a promotional stunt that took place on July 13. A YouTube video proving this achievement was published on July 19.
New Bitcoin “all-time high” trade

According to the firm’s claims, the trade carried out by its staff took place on the summit of Breithorn mountain range in the Pennine Alps, located ... read more

Chinese Bitcoin mining giant Canaan Creative has allegedly filed a $200 million initial public offering (IPO) request with United States regulators.
Report: Canaan ‘beats Bitmain’ to IPO filing

That was according to a report which appeared on local social media platform WeChat on July 31, which claimed the application was already sitting before the U.S. Securities and Exchange Commission (SEC).

Despite being less known in the West than ... read more

ahrain-based cryptocurrency exchange Rain has become the Middle East’s first exchange to receive a regulatory license.

In a blog post from July 31, Rain confirmed it had received a Crypto-Asset Module (CRA) license from the Central Bank of Bahrain.

The license came the same week Rain announced successful closure of a $2.5 million funding round backed by partners including the V.C. arm of crypto derivatives giant BitMEX. Kuwaiti blockchain fund Blockwater also ...

During today’s United State Senate Banking Committee hearing on the regulatory framework for cryptocurrencies and blockchain, Cointelegraph will be updating live with the most important developments. 

The July 30 hearing, titled “Examining Regulatory Frameworks for Digital Currencies and Blockchain,” follows the previous hearings in mid-July that examined the regulatory hurdles surrounding Facebook’s Libra.

Circle CEO Jeremy Allaire will be a ... read more

Blockchain payment network Ripple signed an open letter to United States regulators on July 28 ahead of fresh hearings on cryptocurrency regulation this week. 

In the wake of mixed feelings from Congress on both Facebook’s Libra digital currency and crypto more broadly, Ripple CEO Brad Garlinghouse appealed to Washington to be lenient in its future approach.

The letter, which follows other recent concerns from Garlinghouse, begins:

“Many in ... read more