With the clock ticking down on crypto exchanges operating in South Korea, available information on the leading financial regulator’s website shows that only ten of these crypto firms have been able to successfully register with the authorities.Read more
Earlier this week, crypto exchange FTX announced they successfully registered with the Securities Commission of the Bahamas as a digital assets business under the Digital Asset Registered Exchanges (DAREs) Bill.Read more
The price of Bitcoin fell 8% today following “breaking” (read: weeks old) news that the People’s Bank of China, or PBoC, had declared all cryptocurrency transactions illegal.Read more
Coinbase CEO and founder Brian Armstrong revealed in an interview with TechCrunch that the exchange is preparing a draft regulatory framework for consideration by federal lawmakers.Read more
Stablecoins have emerged as significant players in the crypto market this year, driven by user demand for flexible liquidity in fiat currency times. These currencies are defined as a type of digital currency that can be pegged to underlying real-world assets or backed by them.Read more
The Canadian Securities Administrators, or CSA, and Investment Industry Regulatory Organization of Canada, or IIROC, have issued guidelines for crypto trading platforms operating in the country to avoid “advertising and marketing materials that could mislead investors.”
In a Sept.
Coinbase is looking for a new hire to manage the exchange’s sour relationship with policymakers.
The United States-based crypto exchange aims to swell its legal and compliance team ranks. The company is looking for more than 350 new hires, with 24 job openings within the legal and compliance team.
Speaking on CNBC, SEC Chair Gary Gensler responds to claims made by Coinbase CEO Brian Armstrong that his organization refused to provide clarity and threatened legal action.
Armstrong’s allegations were in relation to the launch of Coinbase Lend, a yield earning program paying 4% on USDC deposits.
In his latest remarks about cryptocurrencies, the United States Securities and Exchange Commission chair, Gary Gensler, has compared stablecoins to instruments for gambling at old-timey casinos.Read more
Bloomberg Intelligence Commodity Strategist Mike McGlone believes it is only a matter of time before the U.S. Securities and Exchange Commission (SEC) approves the country’s first Bitcoin exchange-traded fund (ETF).
In an interview with Stansberry Investor host Daniela Cambone on Sept.