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To properly regulate stablecoins in the U.S., look at e-money abroad, says Marcelo Prates, a speaker at Consensus 2024.

Critics of SAB 121, introduced in March 2022, have called the rule “obscure,” a “diktat” and a “pernicious weed.”

Since the Uniswap Labs fee hike, the developers have made over $145,000 per day from their frontend on Ethereum alone.

WisdomTree’s digital asset app on Thursday became available to customers in New York, even as CEO Jonathan Steinberg is under pressure from shareholders as a result of the investment company’s push into decentralized finance.

Paid shills are nothing new to crypto. Now they’re on the cap table, driving growth for protocols and leaving retail traders in the dark.

Hyperbolic, the two-year-old startup focused on decentralized AI computing, said that it is introducing a protocol called “Proof of Sampling (PoSP),” aimed at addressing challenges with trust in decentralized AI networks.

FINTRAC said the firm failed to register as a foreign money services business and failed to report a virtual currency transaction surpassing $10,000 in a single trade. 

Crypto conglomerate Digital Currency Group (DCG) saw its consolidated revenue grow amid a recent run-up in cryptocurrency prices.  

Much of the crypto sector has been apprehensive about the ribbon cutting on Prometheum’s custody and trading operations, which the firm said will fully comply with U.S. Securities and Exchange Commission (SEC) demands. The doors have so far stayed shut well past the target date, but the company explained it’s still finishing a process for auditing smart contracts.