Blockchain & Digital Assets

July 20, 2024 @ 5:35 am By Omar Faridi  |  

Blockchain Coinvestors, a blockchain venture fund-of-funds and co-investment program with a combined portfolio of more than 1,250 blockchain enterprises and projects, including 95 blockchain unicorns, announced its bi-annual Meet the Blockchain Unicorns report which includes the most comprehensive list of blockchain unicorns globally – “including… Read More

July 19, 2024 @ 8:41 pm By Omar Faridi  |  

Copper, a firm focused on digital asset custody, collateral management, and prime services, has secured a Trust or Company Service Provider (TCSP) license in Hong Kong. This license, granted by Hong Kong’s Companies Registry, “represents a key milestone in Copper’s global market expansion and its… Read More

July 19, 2024 @ 2:47 pm By JD Alois  |  

The approval of spot Bitcoin ETFs helped to fuel a bull run in Bitcoin. Ethereum (ETH) ETFs will start trading next week as several spot funds have received regulatory approval. As of today, ETH is trading at around $3500 – having risen by over 10%… Read More

July 19, 2024 @ 12:40 pm By Omar Faridi  |  

The Laboratório de Inovações Financeiras e Tecnológicas (LIFT), a joint initiative of Banco Central do Brasil (BCB) and Federação Nacional de Associações dos Servidores do Banco Central, announces the resumption of activities following a hiatus in 2023. Since its inception bac in 2018, the laboratory… Read More

July 19, 2024 @ 12:13 pm By Michael Wong  |  

Allium, a blockchain data platform for enterprises, has raised $16.5 million in a Series A funding round led by Theory Ventures, with participation from seed investors Kleiner Perkins and Amplify Partners, according to an announcement. As part of the investment, Tomasz Tunguz, Founder of Theory… Read More

July 19, 2024 @ 7:04 am By Michael Wong  |  

The Hong Kong Monetary Authority (HKMA) has revealed the participants of its stablecoin issuer sandbox, marking a significant step in the city’s drive to foster a regulated and sustainable stablecoin ecosystem. Earlier this week, the results of a consultation by the HKMA on stablecoins were… Read More

July 18, 2024 @ 11:43 am By JD Alois  |  

Senator JD Vance is an investor in crypto, specifically Bitcoin. This week, Vance was announced as former President Donald Trump’s running mate, so he could potentially become the Vice President of the US if Trump wins the election. According to a report in Barrons, Vance… Read More

July 18, 2024 @ 10:26 am By Omar Faridi  |  

State Street (NYSE: STT) is currently examining various options for settling payments on blockchain, according to a report from Bloomberg. State Street, which is focused on the financial services and banking sector, is assessing if it should introduce its own stablecoin, issuing its own deposit… Read More

July 18, 2024 @ 9:12 am By Omar Faridi  |  

Arca Labs, the innovation division of one of the leading digital assets investment managers, Arca, and Securitize, a key player focused on tokenizing real-world assets (RWA), have “unlocked liquidity for investors and achieved a significant milestone for registered, tokenized funds.” Arca received SEC exemptive relief… Read More

July 17, 2024 @ 1:12 pm By JD Alois  |  

A consultation on the regulation of stablecoins in Hong Kong was announced in December of 2023. Stablecoins typically refer to digital assets referencing fiat currency and may be viewed as updated payment rails. Today, the Hong Kong Monetary Authority (HKMA) has revealed the results of… Read More

July 17, 2024 @ 12:38 pm By Omar Faridi  |  

Bankrupt virtual currency exchange FTX and the US Commodity Futures Trading Commission (CFTC) have reportedly agreed to a $12.7 billion settlement. The said agreement between FTX and the CFTC is currently awaiting approval from a Delaware Judge. The parties have been actively engaging in discussions… Read More

July 17, 2024 @ 7:55 am By Omar Faridi  |  

The three European Supervisory Authorities (EBA, EIOPA, and ESMA – the ESAs) published a consultation paper on Guidelines under Markets in Crypto-assets Regulation (MiCAR), establishing templates “for explanations and legal opinions regarding the classification of crypto-assets along with a standardized test to foster a common… Read More

July 16, 2024 @ 8:30 pm By JD Alois  |  

  On June 30, 2024, the Markets in Crypto-Assets (MiCA) regime went into effect in the EU. MiCA regulates non-security digital assets, including stablecoins. The EU legislation aims to create an environment where digital asset innovation may take place while providing a compliant ecosystem to… Read More

July 16, 2024 @ 11:00 am By JD Alois  |  

Mira, a decentralized infrastructure platform focused on artificial intelligence (AI), is reporting receiving $9 million in seed funding. According to a release, BITKRAFT Ventures and Framework Ventures led the funding round. Other investors include Accel, Crucible, Folius Ventures, Mechanism Capital, SALT Fund, and angel investors…. Read More

July 16, 2024 @ 8:22 am By Omar Faridi  |  

Talos, a provider of institutional technology for trading digital assets, announced the establishment of its new European entity in the Netherlands. This marks a significant growth milestone for Talos’s global footprint and “underscores its commitment to enhancing its services for clients in the EU region.”… Read More

July 15, 2024 @ 4:46 pm By Tony Zerucha  |  

Mina Foundation, a public benefit corporation servicing zero-knowledge (ZK) blockchain Mina Protocol, has appointed deep-tech lawyer and senior legal executive Daniel Schoenberger as its general counsel, effective immediately. Schoenberger brings more than two decades of legal and policy experience from across Web2 enterprise, Web3, and education. He joins… Read More

July 15, 2024 @ 11:00 am By Omar Faridi  |  

At Tether, they remain dedicated to fostering a robust and innovative blockchain ecosystem for USD₮ and all other tokens we issue. This commitment drives Tether to continuously “assess their transport layers, ensuring a balance between maintainability and usage while prioritizing community interest.” Community input is… Read More

July 14, 2024 @ 8:04 pm By Omar Faridi  |  

Paxos, the regulated blockchain & tokenization infrastructure platform, announced that it received a formal termination notice from the US Securities and Exchange Commission (SEC) on July 9, 2024, stating that it will “not recommend enforcement action against Paxos Trust Company in the investigation of Binance… Read More

July 14, 2024 @ 7:38 pm By Michael Wong  |  

Singapore’s latest blockchain initiative, Net Zero-X, launched this week, introducing a specialized exchange platform for institutional and accredited investors focused on green, clean, and climate tech projects. The platform aims to address the critical financing gaps that are impeding global efforts to transition to a… Read More

July 14, 2024 @ 7:04 pm By Omar Faridi  |  

Elliptic, a provider of crypto compliance solutions, is working with VASPnet, the “assured” source of regulatory reference data on virtual asset service providers (VASPs), to integrate real-time, high-quality data on the regulatory status of VASPs into its product offering. Sourced directly from 92 regulators in… Read More