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Gensler says he wants to work with Congress to regulate crypto exchanges

Gensler says he wants to work with Congress to regulate crypto exchanges

SECchair Gary Gensler thinks crypto exchange regulation is the way to shore up investor protection gaps, and he wants help from Congress.

The post Gensler says he wants to work with Congress to regulate crypto exchanges appeared first on The Block.

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Fidelity’s bitcoin fund has raised more than $100 million from investors

In August 2020, the Fidelity-backed Wise Origin Bitcoin Index Fund I went public, providing a means for the Boston-based asset management giant’s clientele to gain exposure to bitcoin.

The post Fidelity’s bitcoin fund has raised more than $100 million from investors appeared first on The Block.

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Rep. Soto prepares suite of crypto legislation for return to Congress

Legislation governing blockchain and crypto in the U.S. is set to return to the congressional agenda.

The post Rep. Soto prepares suite of crypto legislation for return to Congress appeared first on The Block.

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PayPal exec says payments giant is working on crypto withdrawal capability

A PayPal executive said Wednesday that the payments giant is working on a way to allow its customers to withdraw their cryptocurrency holdings.

The post PayPal exec says payments giant is working on crypto withdrawal capability appeared first on The Block.

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As Washington weighs crypto, ethics concerns crop up over ‘revolving door’ industry hires

Quick Take

  • New interest in cryptocurrencies and blockchain from U.S. regulators and legislators have opened up the doors to a great deal of new hiring between industry and government.
  • The crypto industry has generally greeted these new hires as a sign of acceptance, which it is, but it also sets new ethical expectations on an industry that hasn’t had much time to get used to them. 

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Apple cites cryptocurrency experience in job post for alternative payments biz dev role

Apple is currently seeking an individual with over five years of experience working with alternative payments, such as digital wallets and cryptocurrency, to become a Business Development Manager leading the company’s Alternative Payments Partnerships, according to a job post published on Tuesday.

The post Apple cites cryptocurrency experience in job post for alternative payments biz dev role appeared first on The Block.

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DeFi Alliance backs Mercurial Finance, its first Solana project

Accelerator DeFi Alliance, which has notable mentors including Coinbase, has backed the first Solana-based project — Mercurial Finance.

The post DeFi Alliance backs Mercurial Finance, its first Solana project appeared first on The Block.

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Nebraska bill creating bank framework for digital asset firms signed into law

These entities will be regulated by the state’s Department of Banking and Finance, similar to the framework already established in Wyoming.

The post Nebraska bill creating bank framework for digital asset firms signed into law appeared first on The Block.

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Crypto lender Ledn raises $30 million Series A from investors including Alan Howard and Alexis Ohanian

The funding brings Ledn’s valuation to $230 million, co-founder Mauricio Di Bartolomeo told The Block.

The post Crypto lender Ledn raises $30 million Series A from investors including Alan Howard and Alexis Ohanian appeared first on The Block.

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WAX token investors on MoonPay spend days in limbo after technical glitch

Those buying WAX tokens on the crypto app MoonPay have finally seen their tokens come through, after waiting for days.

The post WAX token investors on MoonPay spend days in limbo after technical glitch appeared first on The Block.

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