Brian Brooks, the acting head of the U.S. Office of the Comptroller of the Currency, said crypto regulation could either focus on safety for participants or could undo all progress. The latter half of 2020 has seen record Bitcoin (BTC) prices and a number of key regulatory developments, such as the Office of the Comptroller […]
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“A DAO is merely a formalizing of very deep and instinctive human bonds that I think have been suppressed.” One morning in July of 2019, Kain Warwick awoke at 6:30 to a grim phone call from his co-founder and CTO, Justin Moses. We have a problem, said Moses. Synthetix, the synthetic asset protocol that Warwick, […]
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The CFTC’s fintech wing has published its fourth primer, this time on digital assets. LabCFTC, the fintech-focused office of the Commodity Futures Trading Commission, has published a new intro to digital assets. The “Digital Assets Primer” is dated Dec. 15 but was announced Dec. 17. It includes basic definitions and overviews of digital asset markets, […]
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The SEC says the trading app misled users by claiming to be commission-free, while charging extra on execution prices that it got back from the market makers. Robinhood has staved off a suit from the Securities and Exchange Commission by agreeing to pay $65 million. The trading app, which takes its name from the English […]
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Turkey started off strong in crypto and blockchain in 2020 — then the pandemic happened. Turkey’s crypto and blockchain ecosystem welcomed 2020 with big ambitions and a strong track record from 2019, which was its best year ever in terms of adoption. Following the release of Statista’s “Global Consumer Survey 2019,” which lists Turkey as […]
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Banca Generali will introduce crypto to its customers in 2021 following a partnership with an Italian custody service provider. Major Italian private bank, Banca Generali, is planning to introduce cryptocurrency services in 2021. According to a Dec. 15 announcement, Banca Generali has entered a corporate and commercial partnership with Conio — a fintech company providing traditional […]
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The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much […]
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Over the course of his 18-month term, Tarbert has been a consistent advocate for principles-based regulation of crypto. In a Dec. 10 public statement, Chairman Heath Tarbert announced that he will be leaving the Commodity Futures Trading Commission early next year. In listing accomplishments over the course of his term, Tarbert included that: “we have […]
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Regulators around the globe are increasingly turning hostile to the social media behemoth. The United States Federal Trade Commission has filed a lawsuit against Facebook, Inc., where it alleges that the corporation has been engaging in anti-competitive practices ever since acquiring a dominant global position at the turn of the 2010s. According to public case […]
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SI stock has plunged over 16% from its recent all-time high. Shares of Silvergate Capital (NYSE:SI) are in freefall this week, while the U.S. Securities and Exchange Commission, or SEC, has revealed a large liquidation of company stock by board member Thomas Dircks. The security regulator’s Form 4 documentation shows Dircks sold 60,000 Class A Common […]
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