Warren, Deaton spar over crypto in first debate for US Senate seat

The United States Financial Crimes Enforcement Network (FinCEN) has issued new guidance that contains its financial regulation policies concerning Decentralized Applications (DApps) on May 9.In the introduction to the guide, FinCEN notes the guide serves to clarify and provide examples to make compliance easier for entities whose activities fall under the purview of the Bank…

Former SEC lawyer says OpenSea insider trading case could end with NFTs labeled as securities 257 Total views 20 Total shares Former Securities and Exchange Commission lawyer Alma Angotti says this week’s news about an OpenSea employee being charged with insider trading could open the doors to non-fungible tokens being labeled as securities. On Wednesday, in…

The uncertainties outlined in the document may offer significant insights for Grayscale's investors. 1204 Total views 4 Total shares According to the latest SEC disclosure by the Grayscale Ethereum Trust, or ETHE, the impending transition of Ethereum (ETH) to the proof-of-stake consensus represents a risk that could have a “material adverse effect” on its shares.The…

Paradigm has been discussing its new crypto fund for the past few months as markets rebounded.

Ahead of the major GBTC unlocking event, it seems institutions and retail alike have cold feet about $34,000 Bitcoin. 2224 Total views 4 Total shares Institutions are holding their breath when it comes to buying more Bitcoin (BTC), even at $34,000.According to data covering BTC balances on major exchange Coinbase, little mass buying has occurred…

Japan’s central bank has examined the role of central bank digital currencies (CBDCs) in the current monetary system in a report released on Feb. 19.In the document, the bank describes the possible ways to implement a CBDC and the hypothetical consequences of different approaches. The report divides possible CBDCs in two categories, the first being…

The Federal Financial Supervisory Authority (BaFin), Germany's financial regulator, has issued a public warning about cryptocurrency exchange CoinBene on May 28.The watchdog says that CoinBene has been recruiting freelance crypto traders who get paid on commission. BaFin states that since crypto assets are financial instruments, trading them requires authorization under Germany’s Banking Act, or Kreditwesengesetz…

Bitcoin (BTC) might have recovered from the $47,000 low seen on April 25, but the subsequent 15% bounce was not enough to bring optimism to the BTC options markets. Even at the present $54,000 level, the price remains 17% below the $64,900 all-time high reached on April 14.The popular Crypto Fear & Greed Index reached…