Powerful blockchain lobby group urges Washington not to overregulate stablecoins
The stablecoin market is valued at over $130 billion and growing rapidly, putting federal regulators on high alert over systemic risk. Go to Source Powered by WPeMatico
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Coinbase announces multiyear partnership with NBA and WNBA
The deal comes as the NBA prepares to start its 2021–2022 season, marking the association’s 75th anniversary. Go to Source Powered by WPeMatico
Facebook pilots Novi crypto wallet with Coinbase, Paxos
The social media giant still intends to launch Novi along with its Diem payment network once regulatory approval is granted. Go to Source Powered by WPeMatico
ProShares Bitcoin-linked ETF launches on NYSE as BTC price rises above $63K
The price of Bitcoin rose to a five-month high of $63,293 following shares of ProShares’ ETF opening for trading. Go to Source Powered by WPeMatico
Crypto lender Nexo confirms NYAG order, calls it a ‘mix up’
Nexo Financial confirms to be one of the two crypto lending firms to receive the cease and desist order from Attorney General James’ office. Go to Source Powered by WPeMatico
US Treasury says it must ‘modernize and adapt’ to digital currencies
“Digital assets and payments systems could harm the efficacy of our sanctions” if left unchecked, the Treasury said. Go to Source Powered by WPeMatico
Interactive Brokers launches crypto trading in US for four tokens
U.S.-based financial advisers with Interactive Brokers are now able to recommend cryptocurrency investments to their clients. Go to Source Powered by WPeMatico
NY AG directs 2 crypto firms to shut down, investigates 3 others
NY AG “will not hesitate to take whatever actions are necessary against any company that thinks they are above the law,” said Letitia James. Go to Source Powered by WPeMatico
ProShares Bitcoin ETF to debut on NYSE on Oct. 19
The first Bitcoin futures-linked ETF is finally launching in the United States after years of effort. Go to Source Powered by WPeMatico
BREAKING: ProShares follows Valkyrie in approval for listing Bitcoin Strategy ETF
Bloomberg analyst James Seyffart reported the crypto futures ETF would be listed with the ticker symbol BITO possibly as early as Oct. 18. Go to Source Powered by WPeMatico