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June 26, 2023

Former CFTC Chief Says SEC’s Action Against Coinbase Was Intentional

Former CFTC Chairman Christopher Giancarlo has stated that the SEC’s decision to file charges against Coinbase just hours before the exchange’s Chief Legal Officer Paul Grewal testified before Congress was “deliberate.”

News 36 sec read
June 26, 2023

ProShares’s Bitcoin ETF Weekly Flow Reaches a Yearly High

Over the past week, the ProShares Bitcoin Strategy (BITO) fund has seen cumulative inflows of $65.3 million – its highest value since the beginning of the year.

News 36 sec read
June 23, 2023

Robinhood Will Acquire Fintech Startup X1

Online brokerage firm Robinhood has made a deal to purchase the X1 platform.

News 47 sec read
June 23, 2023

Coinbase CEO: US Election is a Key Moment for Regulation of Crypto Industry

Brian Armstrong, CEO of US crypto exchange Coinbase, believes that the upcoming 2024 US presidential election could drastically change the legal status of the crypto industry.

News 39 sec read
June 23, 2023

Prime Trust Halts Withdrawals Following Nevada Regulator’s Order

Crypto custodian Prime Trust has been issued a directive from the Nevada Department of Business and Industry that requires it to suspend fiat and digital asset deposits and withdrawals.

News 47 sec read
June 22, 2023

US Will Vote on Crypto and Stablecoin Legislation Next Month

The House Financial Services Committee is due to start debating two proposed laws in the second week of July that seek to create a distinct path for digital assets to transition from security investments to commodities with lower reporting and regulatory requirements.

News 44 sec read
June 22, 2023

Fed Chairman Believes Agency Should Regulate Stablecoins

Federal Reserve Chairman Jerome Powell expressed support for a strong federal role in regulating the stablecoin sector on Wednesday.

News 36 sec read
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"A purely peer-to-peer version of electronic cash would allow online
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financial institution."
- Satoshi Nakamoto (Bitcoin White Paper)

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