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OCC chief continues push for bank-style regulation for stablecoin issuers in the US

OCC chief continues push for bank-style regulation for stablecoin issuers in the US

The Biden administration’s financial regulators are not backing down from the “insured depository institution” requirement for stablecoin issuance.

The post OCC chief continues push for bank-style regulation for stablecoin issuers in the US appeared first on The Block.

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Binance poaches FCA official as global regulation head

“As a regulator, who would have thought a few years ago that Cloud, AI, DLT, MetaFi, or DAO to name a few would become so topical..?” McWhirter wrote.

The post Binance poaches FCA official as global regulation head appeared first on The Block.

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EU moves to block the provision of ‘high-value’ crypto services to Russia

The EU’s latest sanctions against Russia include a ban on coal and crypto but nothing about oil and gas imports.

The post EU moves to block the provision of ‘high-value’ crypto services to Russia appeared first on The Block.

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Near Protocol is set to launch a stablecoin called USN: Source

According to a source familiar with the situation, the rumor that Near Protocol will be launching a stablecoin is accurate.

The post Near Protocol is set to launch a stablecoin called USN: Source appeared first on The Block.

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Orlando Bravo explains $100bn private equity giant Thoma Bravo’s move into crypto

In this episode of the Scoop, Orlando Bravo, founder and managing partner of Thoma Bravo, explains why the current state of the crypto industry is reminiscent of the early days of the software industry.

The post Orlando Bravo explains $100bn private equity giant Thoma Bravo’s move into crypto appeared first on The Block.

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Former Citi trio launch crypto investment management firm

A trio of former Citi executives have formed a new investment management firm dedicated to crypto named Motus Capital.

The post Former Citi trio launch crypto investment management firm appeared first on The Block.

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Strike CEO Jack Mallers announces Shopify partnership, new payment network

Mobile payment app Strike has partnered with Shopify, alternative payment provider Blackhawk Network and point-of-sale supplier NCR to create a new US payment system that allows merchants to quickly receive payments in dollars after people pay with crypto. The Lightning Network-based system will work with online purchases from merchants using Shopify, as well as point-of-sale […]

The post Strike CEO Jack Mallers announces Shopify partnership, new payment network appeared first on The Block.

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Ukraine’s NFT collection is still far from selling out after a week

The Ukrainian government launched a collection with 2,182 NFTs representing a timeline of the war with Russia. After a week of being out, hundreds of those NFTs haven’t yet sold.

The post Ukraine’s NFT collection is still far from selling out after a week appeared first on The Block.

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Jurisdictions in Honduras, Portugal unveil Bitcoin adoption plans

Samson Mow brought three guests on stage at Bitcoin 2022 to give updates on bitcoin adoption plans in their various countries.

The post Jurisdictions in Honduras, Portugal unveil Bitcoin adoption plans appeared first on The Block.

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Improbable raises $150 million to build an interoperable ‘metaverse’ network

Improbable’s new endeavor MSquared intends to let companies build their own Web3 businesses and virtual experiences.

The post Improbable raises $150 million to build an interoperable ‘metaverse’ network appeared first on The Block.

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