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Coinbase Confident Japanese Crypto Exchange License Arriving in 2019
A senior executive of the U.S.-based crypto exchange Coinbase has said he is confident the firm will receive an operating license in Japan next year, even while regulators in the country are stepping up scrutiny of crypto exchanges. Mike Lempres, chief policy officer of Coinbase, said that the process of getting a license is "going…

Yields of 25% to 42% Lure Lenders Back to DeFi Platform bZx
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ENCORE: Luke Gromen on the History and (Declining) Future of the Global Dollar System
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House Republicans Demand SEC Explain What’s Up With Crypto Platform Prometheum
Influential House Republicans are demanding answers from Gensler on how ETH could legally be treated as a security by Prometheum.A total of 48 members of Congress signed a letter to Gensler, expressing concerns about how listing ETH as a security could threaten the crypto industry. As Prometheum Inc. nears an unprecedented moment in U.S. crypto

US Lawmakers Seek Sanctions Against Iran’s Cryptocurrency Efforts
news A bill introduced this week in Congress takes a hard line on Iran’s efforts to develop its own cryptocurrency. U.S. regulators have warned in recent months that Iran’s government wants to use a sovereign cryptocurrency, similar to the petro in Venezuela, to evade economic sanctions. Portions of the Blocking Iran Illicit Finance Act, introduced…

Steve Kokinos, Creditors Named to Run Celsius 2.0
Steve Kokinos, the former chief executive officer of Algorand, is set to become CEO of the company that will take over Celsius’ operations, serving on a board that includes two members of the bankrupt crypto lender's own creditor committee, according to Friday court filings.Celsius filed for bankruptcy in July last year as the crypto crash

The Stolen Binance Bitcoin Is On the Move Again
news Hackers are now accessing wallets containing cryptocurrency stolen from Binance in May. Coinfirm, the company that tracked the original few moves in early May has spotted a massive outflow from the original hoard of wallets created on May 7, 2019. Coinfirm’s CEO, Grant Blaisdell, wrote: The attack was conducted using diversified techniques including viruses and…

Sam Bankman-Fried Used Mackerel to Pay For a Haircut in Brooklyn Detention Center: WSJ
Bankrupt crypto exchange FTX founder Sam Bankman-Fried is adjusting to life behind bars where mackerel has replaced cigarettes as currency, the Wall Street Journal (WSJ) reported on Thursday.With smoking now banned, the age-old practice of paying for certain goods and services with cigarettes in prisons has given way to trading preserved fish. Bankman-Fried traded some