FinCEN Says It Now Receives 1,500 Crypto Complaints a Month
FinCEN receives more than 1,500 reports every month from financial institutions regarding cryptocurrencies, a top official said Thursday.
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Franklin Templeton Takes Its Tokenized Treasury Fund to Base, Becomes First Asset Manager on the Layer 2
Franklin Templeton's OnChain U.S. Government Money Market Fund can now be traded on Coinbase's Base blockchain. This marks the first time an asset manager is building on the layer-2 blockchain. The fund, which has a $410 million market cap, is available on five other blockchains, with Stellar being the primary network. 02:19 Spot Bitcoin ETFs

Bitcoin’s Rise to $52K Is Driven by Strong U.S. Demand, the Coinbase Price Premium Suggests
Bitcoin's price premium on Coinbase hit a 9-month high, indicating demand from U.S. investors, CryptoQuant data showed.The recent price rally to $52,000 occurred mostly during U.S. trading sessions, with modest price appreciation during Asian and European hours, 10xResearch's Markus Thielen noted.Bitcoin's (BTC) latest surge to $52,000 was mainly driven by U.S. investor's strong demand for

Bitcoin Onchain Data Show Bullish Undercurrents
Bullish bitcoin (BTC) undercurrents lurk below the boringly calm crypto waters, setting the stage for a potential outsized price rally.The percentage of bitcoin's circulating supply active onchain within the last month fell to a record low of 5.4% early this week, according to Blockware Solutions and Glassnode. In other words, fewer coins are changing hands

A Regulatory Reckoning for the Crypto Industry?
Oct 10, 2020 at 13:00 UTC(simpson33/iStock via Getty Images Plus)A Regulatory Reckoning for the Crypto Industry?Between BitMEX action, the U.K.’s derivative ban and the new U.S. Department of Justice enforcement framework, regulations are coming for crypto.For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.This episode is sponsored…

Coinbase Must Face Shareholder Lawsuit Over Regulator Risk Concerns, Judge Rules
A federal judge ruled that Coinbase shareholders brought plausible allegations about how the exchange portrayed the chances the U.S. Securities and Exchange Commission might sue it. The judge dismissed most of the other allegations brought in the shareholder lawsuit. A U.S. judge denied in part last week Coinbase's request to dismiss a class action lawsuit

First Mover Americas: Crypto Market Little Changed as U.S. Votes
This article originally appeared in First Mover , CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day . Latest Prices 00:52 Ether ETFs Saw Biggest Outflows Since July 01:01 Bitcoin Breaks $64K While Gold Soars 00:56 ETH/BTC Ratio Slid to Lowest Since April

BitFlyer, Sumitomo Aim to Wrap up the Property Rentals Business With a Blockchain App
news BitFlyer Blockchain and Japanese business giant Sumitomo Corporation have joined forces to develop a blockchain service that allows users to sign rental contracts over a mobile app and more. The project appears to be an attempt to tie up almost the whole rental business in one smartphone app. CNET Japan reported Tuesday that the firms plan to…

Solana Leapfrogs XRP as Fifth-Largest Crypto, Spurred by Meme Coin Mania
Solana (SOL) has overtaken XRP as the fifth-largest cryptocurrency, with its market cap hitting a 20-month high of $33.7 billion, according to CoinMarketCap.This week, total value locked (TVL) on Solana topped $1 billion for the first since FTX's collapse in November last year, spurred by rising asset prices and consistent inflows to DeFi protocols.Decentralized exchanges