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Blockchain Australia says gov’t still dismissing industry as a ‘wild west’

August 9, 2021 by DIGIT

The industry body has accused the government of leaning into narratives about malicious actors and scams, rather than engaging with the blockchain space to establish fit-for-purpose regulation. Go to Source Powered by WPeMatico

Categories Australia, Cryptocurrencies, Government, ICO, United States

KYC tools can minimize hassle for US crypto market, FTX CEO says

August 9, 2021 by DIGIT

FTX will now use phone numbers to confirm user’s jurisdiction and names in addition to testing new KYC tools. Go to Source Powered by WPeMatico

Categories Cryptocurrency Exchange, KYC, Sam Bankman-Fried, United States

2 Senators introduce pro-crypto amendment to infrastructure bill; industry says it’s not enough

August 7, 2021 by DIGIT

Perianne Boring, the founder and president of the Digital Chamber of Commerce, provided details about the proposed amendment Saturday afternoon. Go to Source Powered by WPeMatico

Categories Coin Center, Law, Senate, United States

Crypto community in shock over Brian Brooks’ resignation from Binance.US

August 7, 2021 by DIGIT

Changpeng Zhao said Brooks stepping down would not “impact Binance.US customers in any way.” The cryptocurrency community has different thoughts. Go to Source Powered by WPeMatico

Categories Binance, Bitcoin Regulation, brian brooks, Cryptocurrency Exchange, United States

Crypto space weighs in on proposed amendments to US infrastructure deal

August 6, 2021 by DIGIT

Some are urging U.S.-based crypto users to contact their representatives in support of the amendment from Wyden, Lummis and Toomey. Go to Source Powered by WPeMatico

Categories Cryptocurrencies, Government, Law, Regulation, Taxes, United States

SEC claims first enforcement action in $30M fraud case involving DeFi project

August 6, 2021 by DIGIT

“The labeling of the offering as decentralized and the securities as governance tokens did not hinder us from ensuring that DeFi Money Market was immediately shut down and that investors were paid back,” said the SEC. Go to Source Powered by WPeMatico

Categories Crimes, defi, Regulation, SEC, Securities, United States

Treasury Secretary reportedly against amending crypto language in infrastructure bill

August 6, 2021 by DIGIT

Janet Yellen’s position on a “compromise” amendment proposed yesterday is unclear, but she reportedly raised objections to the language on crypto put forth by Senators Wyden, Lummis, and Toomey. Go to Source Powered by WPeMatico

Categories Cryptocurrencies, Government, Janet Yellen, Regulation, Taxes, United States

Lead Republican behind infrastructure bill negotiations supports crypto amendment

August 5, 2021 by DIGIT

The senator’s stance is somewhat surprising, given that he previously called the section on brokers in the proposed bill a “common-sense provision.” Go to Source Powered by WPeMatico

Categories Cryptocurrencies, Government, Law, Regulation, rob portman, United States

Fed governor says CBDCs remain ‘a solution in search of a problem’

August 5, 2021 by DIGIT

Chris Waller’s comments come after Jerome Powell said the Federal Reserve would be issuing a discussion paper on CBDCs. Go to Source Powered by WPeMatico

Categories CBDC, Central Bank, Digital Currency, Federal Reserve, Regulation, United States

Copper.co expands to US market following Alan Howard investment

August 5, 2021 by DIGIT

Copper.co has raised a total of $84.3 million through funding rounds, with the latest being a Series B investment that helped the company raise $50 million. Go to Source Powered by WPeMatico

Categories Adoption, United Kingdom, United States
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  • bitcoinBitcoin(BTC)$96,692.001.75%
  • ethereumEthereum(ETH)$3,363.791.98%
  • tetherTether(USDT)$1.000.02%
  • rippleXRP(XRP)$2.12-0.24%
  • binancecoinBNB(BNB)$941.390.86%
  • solanaSolana(SOL)$144.660.05%
  • usd-coinUSDC(USDC)$1.000.00%
  • staked-etherLido Staked Ether(STETH)$3,362.461.90%
  • tronTRON(TRX)$0.3077571.82%
  • dogecoinDogecoin(DOGE)$0.144235-1.43%