Blockchain & Digital Assets

February 8, 2024 @ 10:11 pm By JD Alois  |  

The Digital Assets, Financial Technology and Inclusion Subcommittee, part of the House Financial Services Committee, has scheduled a hearing entitled, “Crypto Crime in Context Part II: Examining Approaches to Combat Illicit Activity.” The hearing is scheduled for Thursday, February 15, 2024, at 2 PM ET…. Read More

February 8, 2024 @ 9:56 pm By Omar Faridi  |  

Copper, an institutional digital asset infrastructure provider, has joined forces with Hashnote, the on-chain first digital asset manager, built with the support of Cumberland and DRW, and will be providing custody support for Hashnote’s USYC on the Copper platform. USYC, a Hashnote Short Duration Yield… Read More

February 8, 2024 @ 3:01 pm By JD Alois  |  

Earlier this week, the Secretary of the Treasury, Janet Yellen, testified in front of the House Financial Services Committee. The hearing was scheduled to review the Financial Stability Oversight Council (FSOC). This is a group of federal financial regulators, and others, gathered to address risks… Read More

February 8, 2024 @ 10:56 am By Omar Faridi  |  

Digital asset firm BitGo is moving into the more traditional securities sector. According to a corporate release, Bitgo has acquired Brassica – a Fintech providing digital infrastructure services to facilitate private securities and other alternative investments. Details of the transaction were not immediately available. Focusing on institutions,… Read More

February 8, 2024 @ 9:42 am By Omar Faridi  |  

B2C2, the crypto liquidity provider servicing institutional clients globally, has obtained regulatory approval to operate in Luxembourg and expand its EU presence. B2C2 has become the 12th virtual asset service provider (VASP) to “be officially registered on the Commission de Surveillance du Secteur Financier’s (CSSF)… Read More

February 7, 2024 @ 7:02 pm By JD Alois  |  

Institutional digital asset infrastructure firm Paxos is integrating Chainlink’s PayPal USD price feed to accelerate the tokenization economy. Paxos also wants to boost the adoption of PYUSD – a dollar-based stablecoin powered by Paxos and issued by PayPal. At the same time, Chainlink and Paxos… Read More

February 7, 2024 @ 1:48 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has filed another enforcement action targeting a digital asset firm. The SEC has filed charges against TradeStation Crypto, alleging an unregistered offering of a “crypto asset lending product.” TradeStation Crypto has settled the charges without admitting or denying the… Read More

February 7, 2024 @ 10:41 am By JD Alois  |  

Anchorage Digital, an institutional digital asset platform, and FusionIQ say they can now offer crypto investments for financial advisors and institutions. Going forward, financial advisors and institutions will be able to access regulated digital assets alongside more traditional asset classes. The two firms describe the… Read More

February 7, 2024 @ 10:28 am By Omar Faridi  |  

Bybit, which claims to be one of the largest crypto exchanges by volume, has polled its internal professionals and created a free toolkit that allows investors to find undervalued crypto projects. The Crypto Investment Analysis Toolkit stems from Bybit‘s mission “to be the world’s Crypto… Read More

February 7, 2024 @ 9:14 am By JD Alois  |  

The Hashgraph Association (THA) has announced a partnership with the Ministry Of Investment Of Saudi Arabia (MISA) to launch a DeepTech Venture Studio. The entity aims to help local Saudi firms, as well as other portfolio companies, establish operations in the country while leveraging technology… Read More

February 7, 2024 @ 7:53 am By Omar Faridi  |  

Obligate has formed a strategic partnership with Archax, a digital asset services provider based in London. Through this partnership, Obligate provides its platform “for on-chain capital markets, while Archax contributes its extensive service offering in digital asset management.” As a first service, Obligate clients will… Read More

February 7, 2024 @ 7:50 am By Omar Faridi  |  

Binance announced that it will delist several crypto tokens, including privacy coin Monero. The list includes ANT, MULTI, VAI, and XMR, which will be removed on February 20th, 2024. Binance claims it regularly reviews each digital asset it lists to ensure that it “continues to… Read More

February 6, 2024 @ 8:04 pm By Omar Faridi  |  

CLST, a full-service institutional lending and borrowing platform, has partnered with institutional digital asset infrastructure provider Copper. This alliance resulted in the joint development of Copper Pledge, “a deployable tri-party collateral management solution for digital asset markets.” This partnership provides digital asset lenders “with much-needed… Read More

February 6, 2024 @ 3:48 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) continues to issue new rules at a breakneck pace. Today, the Commission has adopted new rules that impact “market participants who engage in certain dealer roles.” These market participants who shoulder significant liquidity roles in markets must soon register… Read More

February 6, 2024 @ 10:56 am By JD Alois  |  

Institutional digital asset firm Fireblocks says it has added support for five new fiat currencies with plans to add 25 more in the coming months. Fireblocks as added support for the Euro (EUR), Swiss Franc (CHF), British Pound (GBP), Singapore Dollar (SGD), and Japanese Yen… Read More

February 6, 2024 @ 9:01 am By Omar Faridi  |  

Tether, which claims to be the largest company in the cryptocurrency industry, has announced its investment in Oobit, a mobile payment application. The Series A investment round has concluded “with $25 million raised for Oobit’s ongoing development, supporting its goal of mainstream cryptocurrency adoption.” This… Read More

February 6, 2024 @ 8:50 am By Omar Faridi  |  

The Wormhole Foundation, a research and development organization dedicated to cross-blockchain communication, is pleased to announce a Contributor Grant to Lurk Lab. This marks a pivotal advancement in the evolution of the Wormhole platform, which, in collaboration with Lurk’s engineering team, will be “incorporating trustless… Read More

February 5, 2024 @ 11:24 pm By Omar Faridi  |  

Binance, which agreed to a massive $4.3 billion+ settlement with US regulators yet continues to face major operational challenges globally,  is pleased to welcome back their former Senior Vice President of Compliance Steve Christie, who is taking on the role of Deputy Chief Compliance Officer… Read More

February 5, 2024 @ 11:04 pm By Omar Faridi  |  

Nansen announces their partnership with the Aptos Foundation in order to bring advanced on-chain analytics and data to the Aptos ecosystem. The teams are pleased to announce their new partnership with the Aptos Foundation, which is dedicated to providing best-in-class onchain data and analytics to… Read More

February 5, 2024 @ 10:59 pm By Omar Faridi  |  

Digital asset financial instruments require regulated custodians to secure the underlying assets. BitGo’s support underscores the growing industry-wide call “for institutional-grade custody-first solutions.” BitGo has been a long-time collaborator with Valkyrie Investments, a global crypto-focused asset manager with $220 million in AUM. BitGo is the… Read More