At last count, the U.S. Securities and Exchange Commission’s (SEC) enforcement division has singled out at least 68 blockchain tokens as being securities. This is the running tally of cryptocurrencies named in the SEC’s various lawsuits filed against crypto companies,
There are major disruptions and so much noise happening in the crypto/blockchain industry, but now the real serious players are starting to rise to the top.
BitGo, a crypto asset trust and security company, has reached a tentative deal with fellow custody specialist Prime Trust to acquire this firm at an undisclosed price.
Alibaba (NYSE: BABA) said on Tuesday that Joseph Tsai, one of its founders, will step into the role of Chairman come September.This leadership shuffle, which also saw the company name Eddie Yongming Wu as its new CEO, comes as it reorganizes itself into multiple units, separating
If you're nearing retirement age, you might be looking to get out of the United States. People have many reasons for leaving the U.S, whether it's personal affordability, politics, economic fears or...
This morning in a sun-dappled conference room high above the streets of Manhattan, a crowd of lawyers and journalists got a preview of crypto’s coming legal Ragnarok. It was the U.S. Securities and Exchange Commission (SEC) vs. Coinbase, months early – albeit slightly
Amid the angst over crypto U.S. regulation and a revived bear market, an email from the digital assets team of a major international investment bank presented me with a contrarian indicator and a reminder not to solely view this industry with a U.S. lens.Its subject read: “
In the last two weeks, Washington D.C. policymakers presented the American people with two different futures on digital assets. One leads to American innovation and job growth. The other is a dead-end street in a one-road town.Last week, with twin actions against Coinbase and Bin
TDLR;CEXs and DEXs are often seen as competitors, but can be complementary with a CEX running a decentralized backend to guarantee security, transparency and permissionless transactionsCentralized frontends are needed for users that can’t or won’t self-custody. Not ev
In the U.S., the claim that crypto faces "regulation by enforcement" is giving way to a growing and real threat of a "ban by enforcement," all at the cost of protecting American consumers and markets.The overwhelming majority of digital asset players want to be compliant and safe
Proving that economics is more an art than a science, Federal Reserve Chairman Jerome Powell said the central bank will "skip" a round of rising interest rates. This left market analysts to debate the meaning of the word.For the first time in over a year, the Federal Reserve has
The House Financial Services Committee heard testimony from experts and insiders yesterday on the burning question of the best way to regulate digital asset markets. The discussion was specifically focused on a pair of draft bills on crypto market structure and stablecoin regulat
If you're nearing retirement age, you might be looking to get out of the United States. People have many reasons for leaving the U.S, whether it's personal affordability, politics, economic fears or...
The long awaited “Hinman docs” have finally been unsealed, a move that some believe could play a crucial role in the ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple. Ripple is being sued by the securities regulator for an alle
Binance, Binance.US and Changpeng "CZ" Zhao published their first responses to the SEC’s lawsuit against them and, taken at face value, the stakes appear to be dire. But by the end of the day, we may get a better sense of how the case is proceeding and what a judge thinks a
Much of the crypto community believes the SEC recent lawsuits against Binance and Coinbase are arbitrary, unfair and based on shaky legal foundations.Not Joshua Klayman.
A draft bill by House Financial Services Committee Chair Patrick McHenry (R-NC) and Agriculture Committee Chair Glenn "GT" Thompson (R-PA) shows just how impossible it is to write crypto legislation that exempts tokens from securities laws while keeping traditional securities iss
In April, the U.S. Securities and Exchange Commission (SEC) reopened the comment period for proposed set of rules that would redefine various blockchain protocols as U.S. regulated securities exchanges, a second try at reining in decentralized finance (DeFi) from early 2022.The p
After years of grandstanding on crypto, U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has finally put skin in the game.A lot of skin.