a16z Urges UK Government to Take More Nuanced Approach to Crypto Regulation
A16z crypto has urged the UK to take a “more nuanced approach” to the regulation of digital assets as the country considers a new framework for both trading and lending.
Ark Invest Spends $8.4M to Buy Coinbase Shares
US investment management firm Ark Invest added yesterday 129,604 Coinbase shares worth over $8.4 million.
Poloniex Will Pay $7.6M in Settlement with OFAC
The Office of Foreign Assets Control (OFAC) has determined that the platform had conducted 66,000 transactions worth more than $15.3 million in “prohibited jurisdictions.”
SEC Fines Crypto ATM Provider Coinme Almost $4 Million
Coinme, Up Global, and Neil Bergquist, CEO of both firms, have settled a dispute with the US Securities and Exchange Commission (SEC).
Block Develops Prototype Chip for Crypto Mining
Jack Dorsey’s Block has announced the completion of a prototype open source Bitcoin mining ASIC chip.
Genesis Lenders Don’t Agree with Current Restructuring Plan
A group of creditors for Genesis have rejected the restructuring deal that had been agreed to in February.
CoinShares: Weekly Investment in ETH-based Products Increases Following Shapella Upgrade
Last week saw Ethereum-linked digital asset investment products experience net inflows of around $17 million.
