As Corporate Crypto Treasuries Boom, So Does Suspicious Trading, Triggering SEC Probe
The booming trend of companies adding cryptocurrency to their balance sheets has attracted a new type of attention: a regulatory investigation.
The booming trend of companies adding cryptocurrency to their balance sheets has attracted a new type of attention: a regulatory investigation.
Naver is strategically positioning itself for the future of finance by moving to fully acquire South Korea’s leading crypto asset, Upbit.
Market-making giant GSR has filed plans for a novel ETF that would track public companies holding digital assets in their corporate treasuries.
Australia has taken a definitive step toward comprehensive crypto regulation by drafting legislation that imposes financial services licensing on digital asset platforms.
Wealth in the crypto sector has skyrocketed in what is being called a “watershed year for institutional adoption.”
Tether, the issuer of the $172 billion USDT stablecoin, is reportedly in talks for a funding round that would redefine its status in the financial world.
The CFTC has officially recognized what crypto advocates have long predicted: the primary use for stablecoins in high finance is as collateral.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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