20% of Binance’s new hires this year will be in compliance, says CEO
The company aims to increase its compliance workforce by 200 this year, along with another 800 staff in other departments.
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Coinbase Exec Denies Plans for IPO ‘Any Time Soon,’ Reveals Plans to Add up to 300 Coins
Major U.S. cryptocurrency exchange and wallet provider Coinbase will not perform an initial public offering (IPO) “any time soon,” the company’s President and COO Asiff Hirji told Bloomberg today, Oct. 31.Speaking to Bloomberg TV, Hirji, who himself was the first to hint about the potential for an IPO in 2017, said that while the company…
Ashton Kutcher’s Terrible Artwork Lives on as NFT After Incineration
Celebrity Ashton Kutcher has digitized and incarcerated a drawing that will be auctioned on NFT marketplace Cryptograph to support ecological charities. An ‘artwork’ doodled by famed That 70s Show star Ashton Kutcher has been digitized and will be auctioned on the new non-fungible token (NFT) and digital art marketplace Cryptograph.The auction will raise funds for…
SEC sues Consensys over MetaMask’s brokerage, staking services
The U.S. SEC claims Consensys has been operating as an unregistered broker through MetaMask.
Gubernatorial Candidate Wants to Make Colorado a “Blockchain Hub”
The Democratic candidate for governor of Colorado, U.S Representative Jared Polis, has added a blockchain policy to the list of issues of his gubernatorial campaign this year, according to an announcement on Polis’ website. Having set a goal to establish Colorado as a “national hub for blockchain innovation in business and government,” Polis added a…
Ondo taps LayerZero to take USDY multichain
Ondo is using LayerZero to make its yield-bearing stablecoin fully fungible across multiple blockchain networks.
Draft bill to ban China’s digital yuan from US app stores
Three Republican senators introduced a bill to protect Americans from the "Authoritarian Digital Currencies Act." 225 Total views 4 Total shares Lawmakers in the United States are moving to protect the country from the potential undesirable impacts of the global adoption of China’s national digital currency.Three Republican senators, Tom Cotton, Mike Braun and Marco Rubio, introduced…
Bank of France is Closely Watching Stablecoin Developments, Says Governor
The Bank of France has taken an interest in stablecoins, as indicated by the bank’s governor Francois Villeroy de Galhau in a Bloomberg report on May 14 .Villeroy has said that the bank is “observing with great interest” growing networks that allow members to exchange stablecoins for tokenized securities, goods, and services. He makes a…
VanEck Now Offering Bitcoin Financial Product for Institutional Investors
The CEO of investment management firm VanEck Associates, Jan Van Eck, said that the company is now offering a type financial product with exposure to Bitcoin (BTC).In an interview with CNBC on Sept. 11, Van Eck said that the product offered by the firm is a broker-traded fund and is currently not available to the…