KYC tools can minimize hassle for US crypto market, FTX CEO says
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
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2 Senators introduce pro-crypto amendment to infrastructure bill; industry says it’s not enough
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
Crypto community in shock over Brian Brooks’ resignation from Binance.US
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
Crypto space weighs in on proposed amendments to US infrastructure deal
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
SEC claims first enforcement action in $30M fraud case involving DeFi project
“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
Treasury Secretary reportedly against amending crypto language in infrastructure bill
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
Lead Republican behind infrastructure bill negotiations supports crypto amendment
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
Fed governor says CBDCs remain ‘a solution in search of a problem’
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
Copper.co expands to US market following Alan Howard investment
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
Coinbase acquires crypto exchange data aggregator Zabo
Zabo’s API integrations include more than 50 crypto exchanges and wallet services, including Coinbase’s rival Kraken. Go to Source Powered by WPeMatico