NYDFS chief’s advice for crypto firms: ‘Never surprise your regulator’
Adrienne Harris, the head of the New York State Department of Financial Services, has been called the most powerful crypto regulator in the United States.
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Top Shot creator unveils $725M fund to support Flow ecosystem
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Economic Historian Niall Ferguson: Crypto ‘Won’t Turn Out to Be a Complete Delusion’
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Egyptian National Bank Turns to Blockchain to Boost Remittance Business
Another major financial institution has partnered with blockchain-based payments firm Ripple.The National Bank of Egypt has signed a cooperation agreement with Ripple to establish new channels for inward remittances, according to a Feb. 11 report from local daily news site Youm7. The agreement reportedly makes the National Bank the country’s first to venture into the blockchain…
Galaxy Digital co-president explains two things deterring institutional crypto buying
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Fir Tree fund sues Grayscale in effort to force changes to Bitcoin Trust
Fir Tree Capital Management has filed a lawsuit against Grayscale Investments demanding information that could be used to force changes to the way it runs its flagship Bitcoin Trust. According to Bloomberg, a Dec. 6 complaint was filed against Grayscale at the Delaware Court of Chancery and seeks to have Grayscale lower its fees, start redemptions…
Decentralized Crypto Exchange Disables Trading Due to ‘Critical Security Vulnerability’
The developers behind the peer-to-peer cryptocurrency trading platform Bisq have temporarily disabled services after discovering a critical security vulnerability.Formerly known as Bitsquare, Bisq is a decentralized exchange (DEX) that facilitates crypto-to-fiat trades without a formal intermediary. In a community announcement posted on April 8, the developers said that they were investigating the security issue, telling…