Opinion by: Temujin Louie, CEO of Wanchain Institutional capital is not crossing the bridge — it’s waiting for the compliance gatekeeper. While crosschain transactions promised a seamless, borderless crypto economy, regulatory walls are rising on every chain. Emerging standards like Markets in Crypto Assets (MiCA) in Europe and the Financial Action Task Force (FATF) Travel…
US Securities and Exchange Commission (SEC) Chair Paul Atkins said that “most crypto tokens are not securities,” while outlining a sweeping plan to integrate crypto activities like trading, lending and staking under a unified regulatory framework. “It is a new day at the SEC,” Atkins said during a keynote address at the Organization for Economic…
US crypto exchange Kraken is the latest platform to introduce tokenized securities in Europe, following an initial rollout in June. Kraken has officially launched Backed’s tokenized securities offering, xStocks, to eligible European investors, the exchange told Cointelegraph on Wednesday. The European expansion comes months after Kraken teased its tokenized stocks integration with Backed on the…
US crypto exchange Kraken is the latest platform to introduce tokenized securities in Europe, following an initial rollout in June. Kraken has officially launched Backed’s tokenized securities offering, xStocks, to eligible European investors, the exchange told Cointelegraph on Wednesday. The European expansion comes months after Kraken teased its tokenized stocks integration with Backed on the…
US crypto exchange Kraken is the latest platform to introduce tokenized securities in Europe, following an initial rollout in June. Kraken has officially launched Backed’s tokenized securities offering, xStocks, to eligible European investors, the exchange told Cointelegraph on Wednesday. The European expansion comes months after Kraken teased its tokenized stocks integration with Backed on the…
The attorney general’s office in Washington, DC, has sued crypto ATM operator Athena Bitcoin, claiming that it charged undisclosed fees on deposits the company knew were tied to scams and failed to put sufficient anti-fraud protections in place. DC Attorney General Brian Schwalb alleged on Monday that 93% of deposits on Athena in its first…
Crypto exchange Gemini has upped its initial public offering ahead of its debut on Friday and is now aiming for a valuation exceeding $3 billion, showing growing investor interest in crypto-related companies. The updated prospectus, filed with the Securities and Exchange Commission on Tuesday, said that the Cameron and Tyler Winklevoss-founded firm now intends to…
The attorney general’s office in Washington, DC, has sued crypto ATM operator Athena Bitcoin, claiming that it charged undisclosed fees on deposits the company knew were tied to scams and failed to put sufficient anti-fraud protections in place. DC Attorney General Brian Schwalb alleged on Monday that 93% of deposits on Athena in its first…
Voters in the US state of Virginia’s 11th congressional district will choose a replacement for late Representative Gerry Connolly in a special election that could be influenced by money from the cryptocurrency industry. On Tuesday, Virginia residents who haven’t voted early head to the polls to decide whether to elect Democrat James Walkinshaw or Republican…
A group of Democratic US senators has released its own version of guidelines to influence legislation to establish a crypto market structure, focusing on taking time toward a “strong, bipartisan outcome.” In a Tuesday notice, 12 Democratic senators, several of whom are on the banking committee, unveiled a framework for market structure legislation in response…