Prometheum labels UNI, ARB securities in custody expansion
Prometheum is the only SEC-registered crypto custody provider and already treats ETH as a security.
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Robinhood rolls out wallets to 2M waitlisted users, plans to integrate Lightning
The crypto wallet will not support Ethereum-based services like nonfungible tokens and ERC-20 tokens. 489 Total views 4 Total shares Cryptocurrency and stock trading app Robinhood will roll out its digital wallet feature for 2 million additional users.In a Thursday announcement at the Bitcoin 2022 Conference in Miami, Robinhood chief product officer Aparna Chennapragada said…

India demands $86M from Binance in unpaid GST taxes
Binance faces a demand for nearly $86 million in unpaid GST from Indian authorities, aiming to resume operations after a previous ban.

Lithuania’s Central Bank Completes Blockchain Regulatory Research
The Bank of Lithuania finished its research phase on the LBChain’s blockchain project that aims to provide a regulatory infrastructure. 1658 Total views 30 Total shares As of May 27, the Bank of Lithuania, or BoL, has finished the research phase of its blockchain-related project, LBChain. In the next phase, the institution will create a…

Federal Reserve of San Francisco hiring crypto architect for CBDC project
San Francisco's Federal Reserve Bank is seeking a crypto architect for a central bank digital currency (CBDC). 365 Total views 4 Total shares San Francisco's Federal Reserve Bank is seeking a crypto architect for a central bank digital currency (CBDC) project, reveals an Indeed job posting. According to the role description, the employee will work on…

Bitcoin price charts hint at another drop after failing to break $52K
Bitcoin (BTC) has halted its bull run in the past few weeks as the price has corrected from an all-time high of $58,000 to around $43,000. Several arguments were found for the pullback, including a sell-off from miners and whales. The other primary reason for the correction is the sudden surge of yields across the…

Crypto CEOs request Congress provide regulatory clarity at hearing on digital assets
The House Committee on Financial Services heard from several chief executive officers at major crypto firms in the United States, some of whom seemed to present a united front in urging lawmakers to provide a clear regulatory framework for crypto.Speaking at a Wednesday hearing on Digital Assets and the Future of Finance: Understanding the Challenges…

IOSCO demands tighter scrutiny over the ‘finfluencers’
The International Organization of Securities Commissions proposed a set of new measures to address increasing risks in digital marketing. 230 Total views 19 Total shares The Board of the International Organization of Securities Commissions (IOSCO) believes the regulators on both national and international levels need more power to address increasing risks and challenges from the…

Polygon’s Discord channel hacked, team works to regain control
As the value and popularity of digital assets continue to rise, cybercriminals are incentivized to exploit any vulnerabilities they can find.