Bitcoin miner Genesis Digital Assets raises $431M
Genesis Digital previously raised $125 million in an equity funding round led by Kingsway Capital in July 2021. Go to Source Powered by WPeMatico
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CFTC commissioner: agency doesn’t have enforcement resources without Congress
“We’re not necessarily looking for more authority without more resources,” said Dan Berkovitz in regards to crypto markets. Go to Source Powered by WPeMatico
SEC chair compares stablecoins to casino poker chips
“We’ve got a lot of casinos here in the Wild West, and the poker chip is these stablecoins at the casino gaming tables,” said Gary Gensler. Go to Source Powered by WPeMatico
US Treasury Dept sanctions crypto OTC broker Suex for alleged role in facilitating transactions for ransomware attacks
The government agency hinted at possible additional sanctions for “financial institutions, cyber insurance firms, and companies involved in digital forensics and incident response” that facilitated ransomware payments. Go to Source Powered by WPeMatico
Monero’s former maintainer released from US custody
“I am actively working with my attorneys on a way to return to South Africa as soon as possible so I can address this matter and get it behind me once and for all,” said Riccardo Spagni. Go to Source Powered by WPeMatico
Adapt or die: Payments giants partner with crypto firms to ensure security
Mastercard’s upcoming acquisition of CipherTrace demonstrates the need for payments giants to partner with crypto firms to enable digital asset innovation. Go to Source Powered by WPeMatico
MiamiCoin generated $2K every 10 minutes for the city, says mayor
Miami’s mayor believes that if city-specific cryptos succeed, it would mean residents “won’t have to pay a cent in tax.” Go to Source Powered by WPeMatico
CFTC renewed: What Biden’s new agency picks hold for crypto regulation
The three officials tapped by the Biden administration for CFTC roles come with promising crypto credentials, but can they live up to the promise? Go to Source Powered by WPeMatico
Crypto and DeFi disintermediate banking in new ways, says OCC head
The head of the body in charge of overseeing U.S. banks named cryptocurrency and decentralized finance (DeFi) activity among factors contributing to disintermediation of the banking system. Go to Source Powered by WPeMatico
Morgan Stanley launches cryptocurrency research team
After launching a Bitcoin investment tool for millionaires earlier this year, Morgan Stanley dives deeper into crypto. Go to Source Powered by WPeMatico
