Anchorage Digital co-founder and president Diogo Mónica believe there is immense opportunity in Asia’s institutional investors, with the digital asset infrastructure provider on Oct. 5 announcing a “major expansion” of its platform into the region. Speaking to Cointelegraph, Mónica said the company chose Singapore as a “jump point” into the wider Asia market as the country has become a hub…
A common refrain in the blockchain industry is that regulators do not provide clear guidelines or useful regulatory frameworks for digital assets. John Belitsky, a co-founder of real estate DAO Balcony DAO, disagrees. “There are regulations in place to do this,” Belitsky told Decrypt at Chainlink SmartCon. “Private placement offerings exist, Regulation D and CF offerings exist. You follow those…
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reiterated that most crypto tokens are securities, emphasizing that “the law is clear on this.” However, the Commodity Futures Trading Commission (CFTC) has asked Congress for authority over crypto spot markets and several bills have been introduced in Congress this year to provide the CFTC with the…
Are regulators with the U.S. Securities and Exchange Commission gearing up to take down Ethereum? Given the saber-rattling by officials — including SEC Chairman Gary Gensler — it certainly seems possible. The agency went on a crypto-regulatory spree in September. First, at its annual The SEC Speaks conference, officials promised to continue bringing enforcement actions and urged market participants to…
This is an opinion editorial by Jaime Gutierrez, a bitcoin financial strategist and founder of Bitcoin Embassy on YouTube. This article is part of a series written by Jaime Gutierrez entitled “The Influence Of The U.S. In Central America Then And Today.” The military, today, is not considered an important element of society by the public. Why should it? It…
Starry Night Capital, a nonfungible-token (NFT)-focused fund launched by the co-founders of the now-bankrupt hedge fund Three Arrows Capital (3AC), has moved over 300 NFTs out of its address, according to reports. The Starry Night Capital was founded last year by Su Zhu and Kyle Davies, and pseudonymous NFT collector Vincent Van Dough. At the time, the fund planned to…
The U.S. Financial Stability Oversight Council (FSOC), a group of the country’s top financial regulators, has urged Congress to pass legislation for the regulation of crypto assets. Treasury Secretary Janet Yellen said: “Crypto-asset activities could pose risks to U.S. financial stability if their interconnections with the traditional financial system or their overall scale were to grow without adherence to or…
This is an opinion editorial by Mason Price, an emerging number cruncher, meme maker and aspiring writer. This article was originally published here. Stackheight 1762 Almost two months before he deleted his account, @ArizonanHODL tweeted an unassuming screenshot of a $5 Bitcoin purchase. Any regular person — and by “regular” I mean not a psychopathic, dark tetrad Bitcoin fanatic —…
In recent times, non-fungible tokens (NFTs) and their physical counterparts have started to debut at well known retail stores and luxury boutiques. On October 4, the NFT project called Veefriends revealed that the team is launching its limited edition series of collectible characters exclusively at Macy’s and Toys”R”Us. Veefriends holds the 20th position in terms of all-time NFT collection sales,…
In brief NFTs belonging to Starry Night Capital, the NFT collecting fund from Three Arrows Capital, have been moved into a new wallet. The fund collected hundreds of valuable NFTs last year, with aims to raise $100 million to invest in NFT artwork and collectibles. Among the many questions still surrounding insolvent crypto hedge fund Three Arrows Capital, one pertains…
