Coinbase in S&P 500: More crypto firms to come?

Coinbase in S&P 500: More crypto firms to come?

“This normalizes crypto exposure in conservative portfolios that might otherwise avoid digital assets,” said Bitpace’s Meryem Habibi. This past week, Coinbase joined the S&P 500, one of the world’s most elite stock indexes — a triumph for the crypto firm, which spent much of the 2020s battling US government agencies like the SEC and Commodity…

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Canada lags with stablecoin approach, but there’s room to catch up

Canada lags with stablecoin approach, but there’s room to catch up

Crypto industry observers in Canada are concerned that their industry is being left behind without a clear framework for stablecoins. The slow adoption of stablecoins in Canada has some local crypto industry observers concerned that the country is falling behind. The Canadian Securities Administrators (CSA) classified stablecoins as “securities and/or derivatives” in December 2022 after…

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Alarm bells ring in US over OpenAI’s crypto project World

Alarm bells ring in US over OpenAI’s crypto project World

OpenAI’s World project is coming to the US, where a state-by-state approach to privacy could complicate user protections. World Network, the digital identity and crypto project of Sam Altman’s OpenAI, has alarmed privacy activists ahead of its United States launch, with observers concerned over its data collection and protection practices. World “is the opposite of…

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Are layer 2s good for Ethereum, or are they ‘extractive?’

Are layer 2s good for Ethereum, or are they ‘extractive?’

Has Ethereum been too complacent about fees? It no longer has the “luxury of being a peace-time research project,” said one conference panelist. Layer 2s have been a great blockchain success story. They’ve reduced congestion on the Ethereum mainnet, driving down gas fees while preserving security. But maybe they’ve become too successful, drawing chain activity…

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