Boyaa Interactive unveiled plans this week to potentially buy up to $100 million worth of cryptocurrencies, mostly bitcoin [BTC] and ether [ETH] within a year.
As FTX showed, operators in digital asset markets need to improve corporate governance standards. Here are the key components as the industry readies for another possible bull run.
The SEC’s Custody Rule requiring advisors to safeguard digital assets has big implications for advisors working in the crypto industry, says Nathan McCauley, CEO and Co-Founder of Anchorage Digital.
The number of digital collectible collections targeting super fans of sports and entertainment increases with NHL’s new platform.
The International Monetary Fund’s planned CBDC handbook offers guidance for policymakers on how to explore digital versions of sovereign currencies.
U.S. regulators don’t have any more authority now to head off another major crypto collapse than they did when FTX imploded and took much of the industry with it, said Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam.
Another FTX-like situation is possible, said CFTC Chair Rostin Behnam on Wednesday during a conference hosted by Georgetown University.
Circle Ventures, the venture arm of the stablecoin issuer Circle, invested in Sei to expand the USDC ecosystem.
In Europe and the U.S., there are a host of initiatives placing new requirements on participants in digital asset markets to report on transactions and meet other new provisions.
Game developers can build, launch and update their games on the platform — and include web3 elements such as NFTs.
