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Quick Take

• The Financial Action Task Force says it will publish its final cryptocurrency guidance by November.
• Two controversial pieces — the so-called travel rule and the definition of a “virtual asset service provider” — have the potential to transform the industry.

Like Chairman Gensler, Commissioner Crenshaw wants more of the crypto industry coming in to the SEC.

The post SEC commissioner comes out against colleague Peirce’s safe harbor, ICOs in general appeared first on The Block.

The recent surge in VC funding for crypto firms is drawing some concern from the U.S. capital markets regulator.

The post Rise in privately funded crypto unicorns worries SEC commissioner appeared first on The Block.

The move comes two years after Stripe’s CEO Patrick Collison said he was “very skeptical” of cryptocurrency.

The post Stripe is creating a crypto-focused engineering team to ‘build the future of Web3 payments’ appeared first on The Block.

Yuga Labs has signed on with the media management firm Maverick – further evidence that NFTs are moving into mainstream acceptance.

The post Bored Ape Yacht Club creators just signed with the same talent manager that represents Britney Spears and The Weeknd appeared first on The Block.

Coinbase is throwing its hat into the NFT arena.

The post Coinbase announces NFT waitlist, following lead of rivals Binance and FTX appeared first on The Block.

SheeldMarket, a licensed crypto prime broker based in France, has raised $10 million in a Series A funding round.

The post Crypto prime broker SheeldMarket raises $10 million in Series A funding appeared first on The Block.

WestCap is leading the round which will value the firm at $3 billion.

The post Celsius raises $400 million amid mounting regulatory pressure appeared first on The Block.

Hammond has warned that the nation’s financial services sector is at risk of falling behind global rivals if it does not do more to help firms embrace digital assets.  

The post Former Chancellor Philip Hammond: UK’s treatment of digital assets is a ‘huge risk’ for finance sector appeared first on The Block.

Crypto exchange operator Binance has launched a $1 billion fund for growing the Binance Smart Chain (BSC) ecosystem.

The post Binance launches $1 billion growth fund for Binance Smart Chain appeared first on The Block.