The noted attorney will help defrauded investors recover their wrongfully taken cryptocurrencies as a member of Coinfirm’s board in the U.S.
Biden Confirms Crypto-Savvy Gary Gensler Will Lead Financial Policy Transition Team
Gary Gensler, Simon Johnson and Mehrsa Baradaran are among the policy experts versed in crypto and blockchain issues named to Biden’s transition team.
Kadena Partners With Stablecoin-Maker Terra in Bid to Expand Its DeFi Offering
The hybrid blockchain maker, Kadena, announced on Tuesday that it has partnered with Terra and will be adding Terra’s stablecoin Luna to its decentralized exchange (DEX) Kadenswap.
Beijing Municipal Government Conference Notes Plans to Pilot CBDC in China’s Capital
The discussion of China’s digital yuan at a regional-level conference indicates the pilot is being included in state-level planning.
Visa’s Planned $5.3B Purchase of Fintech Firm Plaid Challenged by US DOJ
The Justice Department alleges Visa’s acquisition of Plaid would eliminate competition in the online debit market, leading to higher prices.
US Prosecutors Seek ‘Substantial’ Prison Sentence for Centra Tech Co-Founder in $25M Fraud Token Sale
According to court documents, U.S. federal prosecutors are asking that one of Centra Tech’s co-founders, Robert Farkas, be sentenced to prison instead of his request for home confinement and community service.
Crypto.com: We Got the Highest Ratings on Privacy, Security Based on US Standards
The crypto exchange and finance platform said it got high ratings for privacy and security using standards developed by a U.S. government agency.
Casa Rolls Out ‘Bank-to-Wallet’ Bitcoin-Buying Services for US Customers
The cryptocurrency custody startup announced on Thursday that users will now be able to buy bitcoin (BTC) on the Casa app using their bank accounts.
New York’s Financial Regulator Wants Firms, Including Crypto Miners, to Look Closer at Climate Change Risks
The New York Department of Financial Services’s letter said that it expects all firms, including virtual currency businesses, to start assessing climate change associated financial risks.
First SEC Official to Say Ether Is Not a Security Is Leaving the Agency Later This Year
William Hinman, the director of the SEC’s division of corporation finance, is planning to conclude his tenure later this year.
PayPal’s Crypto Offering May Be ‘a Huge Headache’ for Taxpayers
PayPal opening its network to cryptocurrencies could create a serious tax headache for users.
Philippines Central Bank Governor: No Digital Peso Before 2023
The central bank won’t pursue a CBDC for the duration of Governor Benjamin Diokno’s term, which ends in 2023.
Villanova University to Send Private Ethereum Blockchain Into Space to Test Inter-Satellite Communication
Villanova’s project is slated for liftoff on Nov. 20 from the Vandenberg Air Force Base in California.
Crypto Options Exchange Deribit to Require ID Verification for All Users by Year End: Report
Popular cryptocurrency options exchange Deribit will require all of its users to be ID verified before the end of this year under its revamped know-your-customer (KYC) policy.
Fiat-to-Crypto Gateway BTC Direct Raises Almost $13M in Series A Funding
BTC Direct said it plans to use the funds to expand its workforce and develop new products, among other things.
Ripple Donates $10M to Mercy Corps for Increasing Financial Inclusion
The donation will be used to support fintech solutions that leverage blockchain technology and digital assets to further financial inclusion.
Bloq Enters DeFi World With Simplified Staking Product ‘Vesper’
Vesper will pool and stake deposited ether (ETH), wrapped bitcoin (wBTC) or tether (USDT) across DeFi protocols selected on the basis of a user’s risk preference starting mid-November.
Paxful, Turkey-Based BiLira, Cointral to Expand Crypto Offerings in Eastern Europe
Paxful said the partnerships will allow users to trade bitcoin and tether using a lira-backed stablecoin.
Amid Confusion About Rules, Indian Crypto Community Pushes for Regulatory Sandbox
India’s crypto businesses are proposing a regulatory sandbox to allow startups to grow while the nation builds rules around the nascent space.
Digital Bank Revolut Taps Fireblocks to Support New Crypto-Based Services
Announced Thursday, Revolut will use Fireblocks’ platform to offer new cryptocurrency services for its retail customers