SEC Commissioner Caroline Crenshaw believes DeFi has potential, but needs to address transparency and pseudonymity.
Category archives: Cryptocurrency
NYCCoin Launching Following Incoming Mayor’s Pro-Crypto Remarks
CityCoins announced that it would be launching an NYCCoin, following pro-crypto remarks from New York’s incoming mayor.
NYC Mayor-Elect Says He Will Take Three Months Pay in Bitcoin
New York City mayor-elect Eric Adams said he would take the first three months of his pay as mayor in Bitcoin.
Coinbase Allows Users to Borrow up to $1 Million, Using Bitcoin as Collateral
Coinbase users can borrow as much as 40 percent of the value of the Bitcoin in their account, up to $1,000,000, and can use either their bank account or PayPal to access the cash with no fees.
Pair of U.S. Congressmen Advocate for Bitcoin Spot ETF in Letter to SEC Chair
In a letter to SEC Chair Gary Gensler, a pair of U.S. Congressmen argued for the regulator to approve a Bitcoin spot ETF.
How Blockchain-Based Firms Are Taking Over Banking and Public Sector Roles
Private firms taking up roles of firms and bodies initially seen as unshakeable is a sign of change. Blockchain-based firms can now offer banking and public sector roles.
U.S. Regulators Investigating Role That Banks Could Play in Crypto Industry
An interagency team of U.S. banks regulators, namely the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve, and the Office of the Comptroller of the Currency, are putting their heads…
The Crypto Wallet Hustle — What You Need to Know
With the rise of technology, cryptocurrencies, blockchain and NFTs, there are a plethora of new scams and con artists. It pays to ring-fence your assets and operate with caution.
SEC Commissioner Suggests Regulator Should be More Cooperative
An SEC Commissioner believes the agency isn’t doing enough to work with cryptocurrency firms in establishing regulations that they can comply with.
Bakkt Share Prices Backtrack on First Day of Trading
Share prices of Bakkt Holdings Inc. slid below their initial public offering price on the first day of trading.