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At Congressional hearing, panelists question why crypto and fintech firms need bank licenses

At Congressional hearing, panelists question why crypto and fintech firms need bank licenses

This may be the first of many hearings on the topic of fintech and bank licensing, according to Rep. Ed Perlmutter.

The post At Congressional hearing, panelists question why crypto and fintech firms need bank licenses appeared first on The Block.

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DeFi Digest: MEV Projects

Quick Take

  • Disclaimer: The Block Research team has, is, and will be experimenting with the various protocols, projects, and applications mentioned in this series. The projects mentioned in our reports are not recommendations from our team and should not be misconstrued as investment advice. Many projects that appear in this series are highly experimental and, as such, will come with risks. Readers should evaluate their own risk tolerance before experimenting with these projects.
  • DeFi Digest is a weekly digest that summarizes recently launched projects and applications that our research team found interesting.
  • This week’s digest looks at MEV projects
  • For more information about MEV please check this list of reading materials

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Coinbase nabs a top 10 slot in Apple’s US App Store for the first time since January

The app for the crypto exchange hasn’t comprised the top 10 apps since January 29 when stock-trading app Robinhood was number one.

The post Coinbase nabs a top 10 slot in Apple’s US App Store for the first time since January appeared first on The Block.

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Edward Snowden is auctioning off a non-fungible token to benefit the Freedom of the Press Foundation

Proceeds of the sale will go to the Freedom of the Press Foundation. Snowden has served as president of the board of directors since 2016.

The post Edward Snowden is auctioning off a non-fungible token to benefit the Freedom of the Press Foundation appeared first on The Block.

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Proposed Miami-Dade crypto task force would explore whether to accept crypto for county payments

In addition to determining the feasibility of crypto payment options, the Miami-Dade Cryptocurrency Task Force will ascertain costs of implementing crypto payments and recommend beneficial policies related to crypto.

The post Proposed Miami-Dade crypto task force would explore whether to accept crypto for county payments appeared first on The Block.

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The legal future of NFTs: A conversation with lawyer Mercedes Turnstall

Quick Take

  • While non-fungible tokens (NFTs) have become popular in the crypto space and are being experimented with by mainstream brands and digital artists, the hype around them is starting to show signs of a slowdown.
  • The legal repercussions of these digital collectibles remain open to debate, particularly when it comes to their regulation and legal ownership. 
  • The Block interviewed Mercedes Turnstall, partner at Loeb & Loeb and a former FTC lawyer, who offered her perspective on the legal nature of NFTs and whether they’re here to stay. 

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[SPONSORED] Taking stablecoins mainstream — Brought to you by GMO-Trust | Full Video

The Block’s research analyst Mike Rogers hosts a panel discussion with leaders driving the growth of stablecoins across the digital asset space.

The post Taking stablecoins mainstream — Brought to you by GMO-Trust | Full Video appeared first on The Block.

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Brevan Howard to start investing in crypto: report

Brevan Howard Asset Management, the British hedge fund, is set to begin investing in digital assets, according to a report by Bloomberg.

The post Brevan Howard to start investing in crypto: report appeared first on The Block.

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Biden calls out crypto’s use in sanctions evasion in executive order response to Russian cyberattacks

Biden’s declaration of a national emergency heavily focused on Russian cyberattacks and money laundering.

The post Biden calls out crypto’s use in sanctions evasion in executive order response to Russian cyberattacks appeared first on The Block.

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Ether futures on CME hit new highs for volumes, open interest

Ether futures traded on CME Group, the derivatives exchange operator, hit record highs in both volumes and open interest in early April.

The post Ether futures on CME hit new highs for volumes, open interest appeared first on The Block.

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