The US government needs to provide a clear regulatory framework for crypto, says Coinbase’s CEO
Brian Armstrong believes that the US government needs to provide a clear regulatory framework for cryptocurrencies. He added that offshoring crypto hurts the American financial system. Armstrong argues that the…
Marinade Finance’s Brandon Tucker says key updates will cut future Solana outages
Solana blockchain went offline for 20 hours last weekend. Marinade Finance’s Brandon Tucker says upcoming updates will significantly reduce futures outages. But technical and human errors remain a concern for…
Analyst says ‘it doesn’t matter’ as Block reports a hit to BTC revenue in Q4
Block reports a 7.0% decline in its fourth quarter bitcoin revenue. Baird analyst David Koning shares his outlook on the Block stock. Shares of the financial technology company are up…
Crypto regulation needs to be more transparent, Blockchain Association CEO says
Kristin Smith, CEO of crypto industry group Blockchain Association is optimistic of crypto regulation this year. She notes that crypto enforcement actions and settlements have been “behind closed doors” affairs.…
Do Kwon withdrew $100M worth of BTC via Swiss bank, SEC says
Do Kwon reportedly held 10,000 BTC in a cold wallet. The now fugitive Terraform Labs founder reportedly cashed out a massive $100 million worth of Bitcoin through a bank in…
Binance CEO says the stablecoin landscape is shifting
The market cap of Binance USD (USD) stablecoin has declined by $2.45 billion. Over $2.37 billion has moved from BUSD to Tether (USDT). USD Coin (USDC) has also seen its…
UK’s digital pound project shows future of money is digital, says HANetf co-founder
HANetf co-founder & co-CEO Hector McNeil was commenting on the UK Treasury and Bank of England’s recent announcement regarding a digital pound. McNeil says “cash is on decline” and that…
Kraken move should put crypto industry ‘on notice,’ says Gary Gensler
Gary Gensler says the agency’s action against crypto exchange Kraken yesterday should put people “on notice. He added that crypto companies should take note and come into compliance. The crypto…
Stablecoin legislation may come this year, Bitwise exec says
Bitwise Chief Compliance Officer Kathrine Dowling is optimistic on stablecoin regulation in the US in 2023. According to Dowling, stablecoins will the first to be regulatory as what needs to…
JPMorgan CEO says Bitcoin is ‘a hyped-up fraud’
JPMorgan CEO Jamie Dimon previously slammed Bitcoin as a “Ponzi scheme”. On Thursday, he told CNBC’s Squawk Box that crypto is a decentralised Ponzi scheme and that Bitcoin is just…