Fiserv aims to launch its own stablecoin by the end of 2025 and partners with PayPal and Circle to develop new products for financial institutions and merchants
Emily Mason / Bloomberg :
US SEC Chair Paul Atkins says blockchains could enable novel use cases for securities and “policymaking will no longer result from ad hoc enforcement actions”
Blockchain technology could enable “a broad swath of novel use cases for securities” and foster …
The US OCC says banks can engage in some crypto activities, rescinding prior guidance that told them they should clear such activities with regulators first
The U.S. regulator overseeing national banks clarified Friday that banks can engage in some crypto activities …
Gemini says the SEC closed its investigation into the crypto exchange and won't pursue an enforcement action, after Gemini received a Wells notice in May 2024
Olga Kharif / Bloomberg :
CoinGecko: Trump's memecoin, with a ~$7.5B market cap, is around the 28th most valuable cryptocurrency; some in crypto call Official Trump a “horrible look”
Survey Bloomberg : What Are Memecoins and Why Did Trump Launch One? Callum Jones / The Guardian : Experts alarmed by Trumps' crypto meme coins: ‘America voted for corruption’ Micha...
How purchasing Trump's memecoin, of which he reportedly holds $50B+ at January 19 prices, could be used to buy favors without actually transferring him funds
Crypto is, in fact, about sending people money. — Financial disclosure: I hold a modest amount of BTC and ETH.
CoinGecko: Trump's memecoin, with a $9B+ market cap, is still in the top 25 most valuable cryptocurrencies; some in crypto call Official Trump a “horrible look”
Trump's memecoin has taken off since debuting late Friday night. Not everyone in crypto is thrilled.
Ex-Meta crypto chief David Marcus says there was no legal or regulatory angle for the government to kill its Libra project and “it was 100% a political kill”
For reasons you can guess at, debanking has been the topic du jour in my Twitter feed. Tyler Durden / ZeroHedge News : FinTech CEOs Expose How Feds Colluded In ‘Debanking’ Schemes ...
Ex-Meta crypto chief David Marcus says there was no legal or regulatory angle for the government to kill its Libra project and “it was 100% a political kill”
How Libra Was Killed. I never shared this publicly before, but since @pmarca opened the floodgates on @joerogan's pod, it feels appropriate to shed more light on this. As a reminde...
On Joe Rogan's podcast, Marc Andreessen criticizes the “raw administrative power” of US agencies like the CFPB, SEC, and FTC, talks Elon Musk and DOGE, and more
- Marc Andreessen discussed Elon Musk and the Department of Government Efficiency on Joe Rogan's podcast.
The CFPB will supervise tech companies with digital wallets, like Apple Pay, Google Pay, and Venmo, with 50M+ annual transactions, treating them more like banks
the Biden/Warren crew just enacted this to stop @X from becoming a payments juggernaut. Wow, a whole new 259-page rule aimed at X...yet more lawfare against you.👊 (Congress can & p...
At a Crypto4Harris online event, Mark Cuban, Anthony Scaramucci, and other crypto advocates supporting Kamala Harris urged a reset in Democratic crypto policy
even as Trump goes all-in. Here's why MacKenzie Sigalos / CNBC : Schumer says a crypto bill can pass Senate this year; key Dems join ‘Crypto4Harris’ call Bloomberg : Schumer Target...
The US Treasury warns that DeFi services that aren't compliant with AML and terrorist financing rules pose “the most significant current illicit finance risk”
US Treasury Damilola Lawrence / Cryptopolitan : U.S Treasury report reveals how North Korea and criminals use DeFi services to facilitate money laundering Florence Muchai / Cryptop...
The US Treasury warns that DeFi services not compliant with AML and terrorist financing rules pose “the most significant current illicit finance risk”
The department's first analysis of illicit finance risks associated with DeFi recommends the U.S. look at enhancements to its existing anti-money laundering regime.
Filing: Coinbase received an SEC notice warning the exchange of potential US securities law violations that could lead to enforcement actions; COIN drops 10%+
Filing: Coinbase received an SEC notice warning the exchange of potential US securities law violations that could lead to enforcement actions; COIN drops 10%+
Coinbase says it received an SEC notice warning the exchange of potential US securities law violations that could lead to enforcement actions; COIN drops 10%+
- The SEC issued crypto exchange Coinbase a Wells notice, warning the exchange that it identified potential violations of U.S. securities law.
Coinbase says it received an SEC notice warning the exchange of potential US securities law violations that could lead to enforcement actions; COIN drops 10%+
- The SEC issued crypto exchange Coinbase a Wells notice, warning the exchange that it identified potential violations of U.S. securities law.
Silicon Valley Bank launches a $2.25B share sale after losing ~$1.8B on its ~$21B of US Treasuries and mortgage-backed securities
Technology-focused lender suffered loss on $21bn portfolio of Treasuries and mortgage-backed securities — Silicon Valley Bank has launched a $2.25bn share sale …
Silvergate Capital plans to wind down operations and voluntarily liquidate Silvergate Bank, including “full repayment of all deposits”; SI drops 40%+ to ~$5
- Silvergate Capital Corporation said it will wind down operations and voluntarily liquidate Silvergate Bank in accordance with applicable regulatory processes.