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” Decentralized finance to be examined at inaugural CFTC tech advisory meeting “ The United States commodities regulator is set to take a close look at the decentralized finance (DeFi) space at an upcoming meeting of its tech committee, where it has also invited crypto industry executives to present. The Commodities Futures Trading Commission (CFTC)…
” United States CBDC would ‘crowd out’ crypto ecosystem: Ex-Biden adviser “ The creation of a United States digital dollar would “crowd out” the cryptocurrency ecosystem and protect the national security of the U.S., according to a former top adviser in president Joe Biden’s administration. Daleep Singh — a former deputy national security adviser for…
” Coinbase hit with proposed trademark lawsuit over Nano derivative products “ Crypto exchange Coinbase has been named as a defendant in a legal complaint brought by NanoLabs — the company behind the digital currency Nano (NANO) — over alleged trademark infringement. In the Feb. 24 filing with the California Northern District Court, NanoLabs alleged…
” Texas objects to Voyager-Binance.US deal, court filing shows “ Texas’ State Securities Board and the Department of Banking are objecting to a proposed deal between Binance.US and bankrupted crypto lender Voyager Digital, shows a court filing from Feb. 24. According to the document, Binance.US’s terms of service and restructuring plan contain a number of “inadequate”…
” GBTC approval could return a ‘couple billion dollars’ to investors: Grayscale CEO “ Grayscale Investments CEO Michael Sonnenshein stated he “can’t imagine” why the United States Securities and Exchange Commission (SEC) “wouldn’t want” to protect Grayscale investors and return the true asset value to them, in a recent podcast interview. In an interview with…
” US agencies recommend old risk management principles for crypto liquidity “ In a joint statement released by three United States federal agencies, the banking sector was advised against creating new risk management principles to counter liquidity risks resulting from crypto-asset market vulnerabilities. The Board of Governors of the Federal Reserve, the Federal Deposit Insurance…
Pence hints at spring decision on 2024 bid in NBC interview Former Vice President Mike Pence told NBC News’ Ali Vitali that he believes that by spring his “family expects to have a very clear sense of [their] calling,” hinting at an announcement for a 2024 election bid. Pence also took aim at former President…
” Man faces arrest over alleged crypto mine hidden under a school “ A former facilities worker who allegedly set up a secret cryptocurrency mining operation inside a Massachusetts school’s crawl space is due for arrest after missing a scheduled court hearing to answer to charges. Nadeam Nahas was scheduled to be arraigned on Feb….
” US Federal Reserve denies Custodia Bank’s request for Fed supervision “ The United States Federal Reserve has denied a request from cryptocurrency bank Custodia Bank to reconsider its membership application to the Federal Reserve System. The Fed announced its denial on Feb. 23 saying the Federal Reserve Board previously decided that Custodia’s application “was…
” SEC files objection to Binance.US bid for Voyager assets “ The United States Securities and Exchange Commission (SEC) has objected to Binance.US’ move to acquire over $1 billion of assets belonging to the defunct cryptocurrency lending firm Voyager Digital. According to a Feb. 22 filing submitted to the U.S. Bankruptcy Court for the Southern…