Coinbase Expands in Brazil, Allows Crypto Purchases With Brazilian Reals

Robinhood is the latest firm to draw the ire of the U.S. Securities and Exchange Commission (SEC). This weekend, it reported receiving a Wells notice – an announcement that the securities watchdog is building a case and intends to sue. In an 8-K filing, the fintech firm revealed it received the letter from the SEC’s

Decentralized AI is regaining prominence in recent months as more people start to explore the intersection of Web3 and generative AI. While most people agree that decentralization can have positive benefits for AI, the specific technical paths run into major roadblocks.For instance, while we all think that decentralized compute networks (DePIN) can help counterbalance the

Feb 13, 2020 at 00:15 UTCJerome Powell image via Federal ReserveCould a Digital Dollar Compete on Privacy? Fed Chairman Powell Hints It MightFederal Reserve Chairman Jerome Powell has given advocates of financial privacy a glimmer of hope – and hinted at how the U.S. might competitively position a future digitized dollar.In testimony before Congress this…

news Pakistan is putting in place regulations for the cryptocurrency industry. The Express Tribune, citing finance ministry sources, reported Monday that the nation’s federal government has decided to bring in Electronic Money Institutions (EMIs) regulations following recommendations from the Financial Action Task Force (FATF). While the new framework has not yet been made public, draft regulations from the country’s…

Mar 27, 2020 at 10:00 UTCUpdated Mar 27, 2020 at 10:03 UTCUK Counties Warn of Bitcoin Scams Using Coronavirus as a Hook U.K residents are being warned against scammers claiming to offer information on locals infected with coronavirus for payments in bitcoin.Local councils from the counties of Pembrokeshire, Manchester and Norfolk have issued warnings to…

news Lending protocol Compound Finance just raised $25 million in a round led by Andreessen Horowitz’s a16z crypto fund, marking one of the largest venture capital investments in a decentralized finance (DeFi) startup to date. According to DeFi Pulse, Compound has nearly $103 million worth of crypto locked up in its automated system, which can…

markets Bitcoin, the world’s largest cryptocurrency by market capitalization, has once again hit a fresh 2018 low amid a greater crypto market sell-off. On Dec. 7 around 1:00 UTC, bitcoin (BTC) dropped by 11.46 percent to find a bid below $3,500 at $3,306 surpassing the prior low of $3,640, according to CoinMarketCap and CoinDesk data.…

The gap between prices for BTC and ETH's "next month" and "front month" futures surged last week to the highest since 2021.The so-called contango indicates bullish sentiment in the market.A rare pattern recently emerged in the Chicago Mercantile Exchange's (CME) futures market tied to bitcoin (BTC) and ether (ETH), signaling a strong investor inclination to

news The former head of the Securities and Exchange Commission’s (SEC) Cyber Unit is moving to private practice. Robert A. Cohen will join the corporate law firm Davis Polk & Wardwell LLP as partner. The firm is known for representing several crypto firms including Coinbase, as well as large legacy financial institutions, according to a…