U.S. lawmakers are asking the nation’s financial guardians to clarify crypto custodianship while France wages war on anonymity.
Quick Take
- The primary challenge for institutions to participate in DeFi is with risk management and KYC/AML requirements. DeFi introduces new challenges in addition to financial risk
- Lending rates on centralized lending desks have been influenced by the demand to generate yield from liquidity mining
- Centralized lending markets work between institutions and DeFi protocols to redirect risk to e.g., crypto funds who are willing to take on protocol risk
BTCUSD is consistently the most popularly viewed symbol in 2020.
The number of developers in crypto is ticking up again, and one network remains a clear winner in attracting coders.
Join Frank Chaparro on December 17th at 12pm ET for a panel discussion on developing a digital asset strategy.
The post The Block Presents: Developing a Digital Asset Strategy — Brought to you by Paxos appeared first on The Block.
The decentralized protocol startup raised $1.15 million in a seed round led by investment firm Multicoin Capital.
The post DeFi lending protocol startup Swivel Finance raises $1.15 million in seed funding appeared first on The Block.
Tarbert firmed up cryto regulation during his tenure by asserting that ether is a commodity and falls under the CFTC’s purview.
The post CFTC chairman Heath Tarbert announces plan to depart ‘early next year’ appeared first on The Block.
A contest for inclusive fintech shows the potential for crypto-related tech to help the world’s poor, but also how much it still needs to develop.
CFTC Chairman Heath Tarbert intends to leave the role early in 2021, opening the door for President-elect Joe Biden to name a new top commodities regulator.
JPMorgan announced on Thursday that it has executed a blockchain-based repo transaction, leveraging its eponymous JPMCoin.
The post JPMorgan just conducted a blockchain-based repo transaction using its eponymous JPMCoin appeared first on The Block.
