Paxos acquires Membrane Finance for EU stablecoin expansion
Membrane Finance is the issuer of US dollar and euro stablecoins and has a passportable Finnish license.
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Massachusetts regulator seeks to revoke Robinhood’s broker-dealer license
State regulators claim that Robinhood has targeted inexperienced investors. 3459 Total views 19 Total shares Massachusetts' securities regulator is seeking to revoke the broker-dealer license of cryptocurrency-friendly stock trading app Robinhood in the state.William Galvin, the head of the state’s securities division, said in a new administrative complaint that Robinhood has “continued a pattern of…

Microsoft wants to use Ethereum blockchain to fight piracy
The major software developer’s new plan to combat piracy relies on the transparency of blockchain technology. 327 Total views 95 Total shares Windows operating system and Office productivity suite have always been top performers on any software piracy platforms. So, it’s no wonder that Microsoft, the developer of both products, works hard to establish anti-piracy…

Blockchain Association files brief in Tornado Cash case
The advocacy group was joined by the DeFi Education Fund in arguing that the crypto mixer has important social functions and OFAC could set a dangerous precedent. Own this piece of history Collect this article as an NFTCrypto advocacy groups Blockchain Association and DeFi Education Fund filed a brief in United States District Court in…

X halts ads for Premium+ users as Musk lawsuit challenges First Amendment
Musk may finally be acknowledging the sun has set on X’s ad sales, but he isn’t going quietly into that good night.

Abra CEO: SEC Denies Bitcoin ETFs Because Applicants Do Not Fit Industry Archetype
The reason the U.S. Security and Exchange Commission (SEC) has insofar denied crypto exchange traded funds (ETFs) is because the crypto industry does not fit the applicant archetype, according to the CEO of crypto payment startup Abra, CNBC reported September 4.Speaking in an interview with CNBC’s “The Coin Rush,” Bill Barhydt suggested that the SEC…

Singapore bolsters fintech hub with Global Finance Technology Network
The GFTN is established as the second phase of Singapore’s fintech growth initiative, which focuses heavily on payments, asset tokenization, AI and quantum computing.

IBM unveils new air-gapped cold storage solution for digital assets
The new system works a lot like a time delay safe for digital assets with a policy engine to broker communications. 488 Total views 4 Total shares IBM announced the launch of IBM Hyper Protect Offline Signing Orchestrator (OSO), an air-gapped cold storage solution for digital assets, on Dec. 5. Working with digital asset manager Metaco

Google Play Store Takes Down Crypto News Apps, Including Cointelegraph’s
Google’s Play Store for Android smartphone apps seems to have taken an issue with reporting on cryptocurrencies and blockchain news, taking down several notable apps, including ours. The newest block?As of 2:00 PM EST, apps of crypto news sites including Cointelegraph and Coindesk were unavailable on the Play Store.Screenshots of results returned for Cointelegraph and CoindeskGoogle…