Coinbase is escalating its dispute with US regulators over past communications involving former Securities and Exchange Commission Chair Gary Gensler. Coinbase filed a legal motion on Thursday requesting a hearing to address the SEC Office of the Inspector General’s investigation, which found that the agency deleted nearly one year’s worth of text messages from Gensler…
Coinbase is escalating its dispute with US regulators over past communications involving former Securities and Exchange Commission Chair Gary Gensler. Coinbase filed a legal motion on Thursday requesting a hearing to address the SEC Office of the Inspector General’s investigation, which found that the agency deleted nearly one year’s worth of text messages from Gensler…
United Kingdom trade groups urged the UK government to include blockchain technology in the “Tech Bridge” technology collaboration with the United States. A dozen UK trade groups representing the finance, technology and crypto industries made the request in a joint letter seen by Cointelegraph and addressed to UK Business Secretary Peter Kyle and Economic Secretary…
Dogecoin’s price rose Friday even as the launch of a US exchange-traded fund (ETF) tied to the memecoin was delayed again, according to a Bloomberg analyst. According to CoinMarketCap data, Dogecoin (DOGE) increased by nearly 4% over the last 24 hours — reaching $0.2603 at the time of writing. The rise comes despite Bloomberg’s senior…
Today in crypto, BlackRock is reportedly exploring tokenized ETFs, Chinese regulators move to curb state-owned firms’ crypto activity in Hong Kong, and Goldman Sachs’ CEO says the Fed is unlikely to cut rates by 50 basis points. BlackRock weighs ETF tokenization as JPMorgan flags industry shift: Report BlackRock, the world’s largest asset manager, is reportedly…
Today in crypto, BlackRock is reportedly exploring tokenized ETFs, Chinese regulators move to curb state-owned firms’ crypto activity in Hong Kong, and Goldman Sachs’ CEO says the Fed is unlikely to cut rates by 50 basis points. BlackRock weighs ETF tokenization as JPMorgan flags industry shift: Report BlackRock, the world’s largest asset manager, is reportedly…
Former FTX CEO Sam “SBF” Bankman-Fried, serving a 25-year sentence after his conviction on seven felony counts, will take the next step in his appeals process with a hearing scheduled for November. According to a Wednesday notice in the US Court of Appeals for the Second Circuit, Bankman-Fried’s appeals case has been calendared for arguments…
A public petition calling on the United Kingdom to develop a pro-innovation strategy for blockchain and stablecoins has gained momentum following a push from crypto exchange Coinbase. The petition, hosted on the UK government’s website, calls for a comprehensive framework that includes stablecoin regulation, blockchain adoption and the appointment of a blockchain “czar.” Although launched…
Opinion by: Jamie Elkaleh, chief marketing officer at Bitget Wallet Stablecoins started as a workaround for crypto traders. By pegging tokens to the US dollar, they created liquidity in a market that never closed. In just a few years, however, they have outgrown that role. The result is an onchain financial layer where dollar-pegged coins…
Chinese internet giants, state-owned enterprises and financial institutions operating in Hong Kong may face restrictions on stablecoin and crypto activities. According to a Thursday report by local news outlet Caixin, mainland Chinese firms operating in Hong Kong may be forced to withdraw from cryptocurrency-related activities. The Hong Kong branches of several state-owned enterprises and Chinese…