# Wells Fargo files for Bitcoin fund

# Wells Fargo files for Bitcoin fund

“# Wells Fargo files for Bitcoin fund ” Wells Fargo – one of the oldest banks in the United States – has registered a new, pooled investment fund that offers its wealthy clients indirect exposure to Bitcoin (BTC). Fargo’s filing of a “Notice of Exempt Offering of Securities” — also known as a Form D…

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# 0M funding round for Binance.us falls through on regulatory concerns

# $100M funding round for Binance.us falls through on regulatory concerns

“# $100M funding round for Binance.us falls through on regulatory concerns ” Regulatory concerns surrounding Binance.us and its owner, Changpeng Zhou (CZ), have reportedly culminated in investors backing out of a $100 million funding round. The failed funding round also prompted Binance.us CEO Brian Brooks’ surprise decision to step down after serving as its executive for just…

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# Former SEC Chair Jay Clayton joins Fireblocks advisory board

# Former SEC Chair Jay Clayton joins Fireblocks advisory board

“# Former SEC Chair Jay Clayton joins Fireblocks advisory board ” Jay Clayton, the former chair of the United States Securities and Exchange Commission, has accepted an advisory role with blockchain infrastructure provider Fireblocks — marking a significant addition to a company that only recently achieved unicorn status.  In joining Fireblocks’ advisory board, Clayton acknowledged…

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# Former US Treasury official joins Binance to lead AML efforts

# Former US Treasury official joins Binance to lead AML efforts

“# Former US Treasury official joins Binance to lead AML efforts ” Former United States Treasury Criminal Investigator Greg Monahan joined major cryptocurrency exchange Binance to oversee the company’s international Anti-Money Laundering (AML) efforts, the exchange announced on Aug. 18. Before replacing Karen Leong as the global money laundering reporting officer at Binance, Monahan worked…

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# Treasury Dept. wants to ‘capture DeFi’ with infrastructure bill: Jake Chervinsky

# Treasury Dept. wants to ‘capture DeFi’ with infrastructure bill: Jake Chervinsky

“# Treasury Dept. wants to ‘capture DeFi’ with infrastructure bill: Jake Chervinsky ” The last-minute cryptocurrency provisions added to the U.S. infrastructure bill sought to “capture DeFi,” argues Compound’s general counsel Jake Chervinsky. Appearing on the Bankless State of the Network podcast on August 17, Chervinsky — who is also DeFi Chair of the Blockchain…

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# Inching closer to global agreement on taxing the sustainable digital economy

# Inching closer to global agreement on taxing the sustainable digital economy

“# Inching closer to global agreement on taxing the sustainable digital economy ” In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain. Since 2013, the Organization…

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