Kraken’s Marco Santori points to the adversarial stance taken by some crypto firms toward regulators.
SEC is ‘open to discussion’ when it comes to crypto: Kraken chief lawyer Basel draft rules make crypto too costly for banks to trade, says industry Proposed rules would make “bank involvement in the cryptoasset market cost-prohibitive from a capital perspective,” industry associations have told regulators.
54% of Salvadorans are not familiar with Bitcoin, survey suggests A new survey suggests that most Salvadorans still don't have a clear understanding of Bitcoin or crypto.
MiamiCoin generated $2K every 10 minutes for the city, says mayor Miami’s mayor believes that if city-specific cryptos succeed, it would mean residents “won’t have to pay a cent in tax.”
DCG-backed Korean exchange faces closure if it can’t find banking partner South Korean crypto exchange Gopax has told users if it can’t resolve its banking difficulties before a looming regulatory deadline, it will need to shut down.
EU regulator sees crypto as sign of increased risk-taking in current climate An ESMA report views crypto assets’ volatility in the first half of 2021 as an indication of “possible market exuberance.”
Zip eyes millennials with planned launch of crypto trading in the US next year Aussie "buy now, pay later" fintech found that BNPL users are 67% more likely to trade crypto than non-users.
Colombia uses gamification to teach youth about crypto and stock trading Colombia is investing over $30,000 to develop a gamified app that simulates crypto and stock trading for young learners.
Major UK hedge fund Brevan Howard launches crypto division Brevan Howard also hired former CMT Digital CEO Colleen Sullivan to lead private and venture investments in crypto.
South Korean crypto exchanges face Sept. 24 deadline to submit licence request Failure to meet South Korean regulators’ new requirements is expected to wipe out tens of crypto exchange operators.
Nasdaq to provide price feeds for tokenized stock trades on DeFiChain Nasdaq, alongside Finnhub and Tiingo, will be providing its price feeds to DeFiChain, a DeFi platform built on the Bitcoin network.
Trading Bitcoin’s like trading stamps, says Swedish central bank governor In comments at a Swedish banking conference, Sveriges Riksbank Governor Stefan Ingves warned that private money “usually collapses sooner or later.”
Insiders sold MicroStrategy stock after Bitcoin’s bull run Notorious Bitcoin bull and MicroStrategy CEO Michael Saylor himself hasn’t dumped any company stock since 2012.
One in four US teens would buy crypto if given money to invest, survey finds The results of a new survey suggest teens are still more persuaded that the stock market is where they should invest, yet crypto is more popular than alternatives like real estate.
Report: CoinSwitch Kuber poised to become India's second crypto unicorn Following crypto exchange CoinDCX’s breakthrough to unicorn status this summer, CoinSwitch Kuber is rumored to be next in line — at a valuation close to twice that of its forerunner.
Regulating crypto could give it ‘halo’ of legitimacy, says UK watchdog The chair of the United Kingdom’s Financial Conduct Authority has warned that over-extending the reach of regulators could backfire in the case of some cryptocurrency tokens.
Crypto and blockchain jobs' share grew 118% in 10 months, new data shows Not only has demand for cryptocurrency- and blockchain-related expertise increased, but new data suggests that the kinds of roles being posted have shifted over time.
Nigeria's securities regulator establishes fintech unit to study crypto With much of the Nigerian crypto market underground or peer-to-peer due to government restrictions, the country’s securities regulator is looking into ways to make investors safer.
US postal inspectors need ‘comprehensive crypto training,’ audit finds An internal audit released by the United States Postal Inspection Service has recommended that the agency develop a "comprehensive crypto training program" to reduce risks during its investigations.
BitPay wallet integrates 1inch Network DEX aggregator Decentralized exchange aggregator 1inch has been integrated into the crypto wallet app BitPay, enabling users to access its rates for their crypto swaps.
MUFG boosts its crypto exposure following $41M Zipmex funding round Thailand's Bank of Ayudhya, where MUFG holds a 76.9% stake, has participated in a $41 million raise for Asia-Pacific-focused crypto trading platform Zipmex.
Standard Chartered launches blockchain trade platform with Chinese fintech The joint venture operating the new blockchain-powered platform will be headquartered in Singapore and led by SC Ventures’ Amelia Ng as CEO.
Canadian Bitcoin miner Blockstream joins crypto unicorns with $3.2B valuation Blockstream has secured $210 million in fresh investment from a U.K. private equity firm and crypto exchange Bitfinex’s operator.
Crypto ‘not protected by law,’ rules provincial high court in China A provincial high court ruling in China has set a potential precedent by declining to protect a plaintiff’s $10,000 worth of lost crypto tokens.
Swedish gov’t pays out $1.5M in Bitcoin to convicted drug dealer The Swedish prosecutor had argued in court that the man should be stripped of his illicitly earned Bitcoin at the equivalent value in fiat currency at the time of his conviction.
Analysts warn of ‘acute’ Q3 slowdown in Robinhood’s DOGE-reliant growth Wolfe Research has told investors to consider the “outsized contribution” Dogecoin trading has made to Robinhood’s recent growth.
Wells Fargo files for Bitcoin fund Wells Fargo is offering its wealthy clients indirect exposure to Bitcoin through a new fund issued in partnership with NYDIG and FS Investments.
Thailand's central bank outlines safeguards for a future retail CBDC The results of a new study from the Bank of Thailand point to three key considerations for making sure a retail central bank digital currency doesn't adversely impact financial stability.
People’s Bank of China in Shenzhen ‘cleans up’ illegal crypto firms The Shenzhen branch of the People’s Bank of China has launched a special “rectification” program against illegal crypto-related activities, beginning with a crackdown on 11 emerging companies.
Thiel’s Valar Ventures leads 3rd raise for Bitpanda at $4.1B valuation Vienna-based Bitpanda’s valuation has shot up to $4.1 billion, three times its value during the crypto broker’s last private funding round in March.