Coinbase Taps Regulation Veteran for First-Ever Crypto Compliance Chief
Coinbase has announced the appointment of its first-ever chief compliance officer as it moves to become a licensed broker-dealer.
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U.S. House Committee Plans for Heap of Crypto Hearings in September
The U.S. House of Representatives' financial-services committee is said to be tackling a ton of crypto issues next month, including DeFi and Securities and Exchange Commission matters. Digital assets will likely be a hot topic for SEC Chair Gary Gensler, who is said to be scheduled to face the entire committee later in September. The
‘Don’t Hold Your Breath:’ Australia’s Central Bank Chief Bearish On Libra
news The Reserve Bank of Australia (RBA) Chief, Philip Lowe, declared himself to be profoundly skeptical on the impact of Facebook’s new cryptocurrency. The goal of Libra as a massively adopted digital currency might look good on paper for some, but the regulator doesn’t see it as much of a possibility in the short run.…
Pennsylvania Clarifies That Crypto Exchanges Are Not Money Transmitters
news Pennsylvania’s Department of Banking and Securities (DoBS) has clarified that crypto exchanges and service providers do not require a money transmission license to operate in the state. The DoBS published the new guidance for the local crypto industry on Wednesday, following a number of enquiries from businesses, it said. The department explained that as bitcoin and other cryptocurrencies…
Namibia Sets the Stage for National Crypto Strategy With New Law
Namibia’s new crypto law sets out licensing requirements for firms and mandates the appointment of a regulator to oversee the sector.Although the law lacks clarity on how crypto will be treated by regulators, the framework will help usher in more comprehensive laws, lawyers in the country say.Namibia has a new law for crypto and while…
Bitcoin’s Huge Surge Pushes Crypto Market Cap to $1.19T, the Highest Since June
Alex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.Alex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds bitcoin, ether and small amounts of…
Wrapped Bitcoin ‘Burns’ Outpaced Minting for the First Time in December
Jan 9, 2021 at 6:40 p.m. UTCWrapped Bitcoin mints and burns in December Wrapped Bitcoin ‘Burns’ Outpaced Minting for the First Time in DecemberTraders are swapping their tokenized bitcoins for the real thing more than ever.BitGo saw a record 11,613 wrapped bitcoin (WBTC) swapped for real bitcoin (BTC) in December, with only 2,731 BTC exchanged…
New Emerging Markets Fund Targets Blockchain, DeFi Startups
The Arcanum Emerging Technologies Fund will start in India, but its founders plan to expand to other regions.James McDowall, Founding Partner at Arcanum CapitalFeb 15, 2021 at 2:00 p.m. UTCNew Emerging Markets Fund Targets Blockchain, DeFi StartupsAsset management firms Alpha Innovations and Arcanum Capital have launched a $10 million venture capital fund focused on driving…
Early Shiba Inu Holder With 10% of Supply Moves $30M in SHIB Tokens
An early shiba inu (SHIB) investor holding 10% of the token’s total supply today moved some $30 million worth of their stash to eight wallets, on-chain analytics tool Lookonchain tweeted Thursday.A giant whale with 101.47 trillion SHIB, valued at over $756 million at current prices, transferred 4 trillion SHIB, or $30 million, to eight fresh…