The US Treasury and IRS issue guidance allowing Wall Street crypto products to offer staking rewards under a new safe harbor, easing institutional participation
Sander Lutz / Decrypt :
Solid, which offers APIs for banking, payments, cards, and crypto products and had raised nearly $81M, files for Chapter 11 after a “costly” FTV Capital lawsuit
Mary Ann Azevedo / TechCrunch :
Huione Guarantee, a Telegram-based marketplace that enables “pig butchering” and other scams, recently debuted a few crypto products, including a USD stablecoin
- Huione Guarantee is a Telegram-based marketplace serving fraudsters in South East Asia, including those responsible for so-called “pig butchering” scams.
CoinShares: US bitcoin ETFs had $871M of net inflows in the first three days of trading, including $723M inflows at BlackRock and $1.18B outflows at Grayscale
Grayscale has outflows of $579mn as investors turn to BlackRock and Fidelity for new crypto products
FDIC issues cease-and-desist letters to FTX US and four other crypto firms over making “false representations” that their crypto products might be FDIC-insured
- The Federal Deposit Insurance Corporation (FDIC) said Friday that it sent cease-and-desist letters to five crypto companies …
FDIC issues cease-and-desist letters to FTX US and four other crypto firms over making “false representations” that their crypto products might be FDIC-insured
- The Federal Deposit Insurance Corporation (FDIC) said Friday that it sent cease-and-desist letters to five crypto companies …
CFTC fines Kraken $1.25M for illegally offering margined crypto products from June 2020 to July 2021 and not registering as a futures commission merchant
“Margined, leveraged or financed digital asset trading offered to retail U.S. customers must occur on properly registered …
Square purchases $50M worth of bitcoin, becoming the second publicly listed company after MicroStrategy to invest in the cryptocurrency
Revolut, the London-based fintech firm, has enlisted crypto security firm Fireblocks to lay the foundations for new crypto products.