Turnover at SEC continues as Lizárraga announces January exit
On the heels of Chair Gary Gensler’s resignation, SEC Commissioner Jaime Lizárraga has also decided to step down from his role at the agency.
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BitGo seeks to become a qualified crypto custodian in New York state
Digital asset financial services firm BitGo has formally applied for a New York Trust Charter from the NYDFS. Digital asset financial services firm BitGo is applying to become a qualified cryptocurrency custodian in New York state.In its announcement on Aug. 25, BitGo said its decision was spurred by fresh regulatory developments in the United States…
Are Bitcoin traders losing hope? Top traders' metric hits two-week low
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Crypto asset investment in Latvia declines by 50% over past year, per central bank
According to Latvijas Banka, 4% of the population bought crypto assets in February, down from 8% in 2022, while payments “continue to prevail.” 195 Total views 1 Total shares The number of people buying crypto assets in Latvia is declining, Latvijas Banka said in its 2023 “Financial Stability Report."The central bank attributed the falling interest…
How Cryptocurrency Funds Work
Cryptocurrency funds are a new type of investment vehicle that parallels traditional portfolio investments, like hedge funds, but are composed entirely out of digital assets. Because of this, they play by slightly different rules than their legacy counterparts. Knowing how they differ and where to get involved is key for those who want to jump…
Crypto market cap hits $3.1T high, could soon surpass France’s GDP
If the crypto market were a country, it would be the eighth largest in GDP terms behind the United States, China, Germany, Japan, India, the United Kingdom and France. 481 Total views 3 Total shares Crypto market capitalization has reached a new all-time high of $3.12 trillion — and is now close to surpassing France’s
US lawmakers question federal regulators on banks’ ties to crypto firms
“FTX’s collapse shows that crypto may be more integrated into the banking system than regulators are aware,” said Senators Elizabeth Warren and Tina Smith. 301 Total views 14 Total shares Own this piece of crypto history Collect this article as NFTTwo members of the United States Senate have called on the heads of federal financial…
Maple Finance cuts ties with Orthogonal Trading over alleged misrepresentation of finances
Maple’s decision comes after Orthogonal Trading admitted on Dec 3 that it was unable to meet loan repayments following the collapse of FTX and its partner Alameda. Own this piece of crypto history Collect this article as NFTBlockchain-based institutional capital marketplace Maple Finance announced on Dec 5 that it plans to cut all ties with Orthogonal…