FinCEN: Stablecoin Issuers Are Money Transmitters, No Matter What

news Cryptocurrency exchange services provider Kraken has officially acquired regulated futures trading startup Crypto Facilities in an undisclosed deal valued at least $100 million. Announced Monday, the “nine-figure” acquisition, the largest seen in the industry so far in 2019, will enable Kraken customers to trade spot, as well as open positions offering exposure to the…

Aligned Layer aims to help engineers avoid bottlenecks when proving their code.The $20 million Series A was led by Hack VC.Aligned Layer is an EigenLayer "actively validated service" (AVS).05:25What Does State Inquiry Mean for Ethereum?01:15Solana Passes Ethereum on DEX Volume02:09Bee Movie Script Buzzing on Ethereum; Robinhood Benefits From ‘Monster’ Crypto Cycle01:59Spot Bitcoin ETFs See Record

Sep 9, 2020 at 13:00 UTCUpdated Sep 9, 2020 at 13:38 UTC(Getty Images, modified by CoinDesk)‘High’ Severity Bug in Bitcoin Software Revealed 2 Years After FixA previously undisclosed vulnerability in the Bitcoin Core software could have allowed attackers to steal funds, delay settlements or split the largest blockchain network into conflicting versions had it not…

So, there was a deal resolving the U.S. debt ceiling battle in Washington, D.C. Now what? First, let’s look at where we are.The words “crypto” and “cryptocurrencies” don’t appear at all in the initial version of the deal. I wrestle with whether that’s good or bad. The Digital Asset Mining Energy (DAME) excise tax wasn’t…

Decentralization theater is a term that emerged in the early days of decentralized finance (DeFi) that suggests a project is pretending to be more decentralized than it actually is. One example is a DeFi protocol establishing a non-profit foundation to hold its native tokens, write governance proposals and advise the project – often confusing users…

Valkyrie Investments’s bitcoin futures exchange-traded fund (ETF) has won the blessing of the U.S. Securities and Exchange Commission.The new ETF is set to start trading on Friday, after the bitcoin-linked fund cleared the final regulatory hurdles, a Valkyrie spokesperson said. It will trade on Nasdaq under the ticker BTF on Nasdaq, despite short-lived plans to…

Lisa Neigut is a bitcoiner's bitcoiner. First of all, she's from the maverick state of Texas. She uses the Lightning Network, which she helped build. She's teaching people the world over how to sync a node, and raising funds in sats to do it. And she's writing a textbook about bitcoin transactions.The first time I

The U.K. government expects to see stablecoin and staking services legislation for the crypto sector within six months, according to Economic Secretary to the Treasury Bim Afolami.In October 2023, The Bank of England and the Financial Conduct Authority (FCA) announced broad plans for overseeing the crypto sector in a coordinated fashion, revealing a similar timeline.A

Single-issue crypto voters overwhelmingly support Donald Trump for good reason. The Biden administration’s hostile stance on digital assets is now being attributed to Kamala Harris, and Trump has overwhelmingly embraced the industry in recent months. If you are purely looking at what the candidates publicly say (or don’t say), it is logical to believe Trump