Coinbase asks Congress to grant CFTC spot market authority
The crypto industry has been lobbying Congress to wrestle regulatory oversight of digital assets from the SEC to the CFTC.
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Fintech Company Launches Crypto Exchange Platform Integrated Into Social Investing Network
Hamburg-based fintech company Naga has released its new exchange platform, Nagax, after an intensive beta testing period. The developer promises a user-friendly interface and “super-fast execution,” as the system supports more than 10 million transactions per second.The new platform is integrated into the social investing network — also known as Naga Trader. According to the…

Spanish central bank official talks about private payment services in era of digital euro
Banco de España deputy governor Margarita Delgado voiced concern about financial stability issues but painted a rosy picture for nonbank financial services providers. 89 Total views 2 Total shares Deputy governor of the Bank of Spain Margarita Delgado spoke to university students and others about the introduction of the digital euro in Pamplona on Aug.…

Warren Buffett pivots to U.S. Treasuries — a bad omen for Bitcoin’s price?
Warren Buffett has put most of Berkshire Hathaway's cash in short-term U.S. Treasury bills now that they offer as much as 3.27% in yields. But while the news does not concern Bitcoin (BTC) directly, it may still be a clue to the downside potential for BTC price in the near term.Berkshire Hathaway seeks safety in…

Alchemy Pay reveals plans to launch layer-1 blockchain
Alchemy Pay said that users would have the option to pay their gas fees with fiat or its native ACH token.

Uniswap deploys V3 contracts to four Ethereum testnets
The world’s leading DEX has taken a big step toward launching its third iteration by deploying its contracts to all four of Ethereum’s testnets. 3786 Total views 24 Total shares Leading decentralized exchange Uniswap has taken a step closer to launching its highly anticipated “V3” iteration, announcing the successful deployment of V3’s smart contracts to…

Alphabet jumps 6% on Q3 earnings as CEO says AI bet is ‘paying off’
Alphabet and Google CEO Sundar Pichai said its AI business is “paying off” as the tech giant’s share price surged after the bell as it beat Wall Street estimates.

Twitter chases Citadel’s founder, Binance in a race of subpoenas
The company is gathering all the possible information on Elon Musk's private claims about its number of fake accounts. 126 Total views 3 Total shares As the failed acquisition of social platform Twitter by one of the world's richest men, Elon Musk, turned into a protracted court conflict, both sides are filing subpoenas to gather…

Coinbase asks appeals court to rule crypto trades aren’t securities
Coinbase wants the Second Circuit Appeals Court to address whether crypto transactions are investment contracts, calling the matter of “immense importance to the crypto industry.”