That had been a point of disappointment for some participants in past events: While Trump briefly appeared, they didn’t get a chance to meet him. Since his memecoin’s launch in the days before he took office again, investors have lost billions of dollars, and those… Read More
According to the 760-page proposal, the SEC will allow for self-custody by advisers seeking to hold their clients’ funds. The agency is using the term “self-custody” as an asset management firm practice, not how crypto companies typically use the term. It would first require that… Read More
There is nothing so powerful as an idea whose time has come. For now, that time has not arrived. But as Congress closed a door, regulators opened a window. Both the SEC and CFTC moved with remarkable speed. Just two days after CLARITY failed, the… Read More
MetaMask is pulling Ethereum staking systems out of service after a security incident, with Lido warning of lost rewards and a security researcher reporting that payments from producing blocks were diverted to another wallet. The cryptocurrency wallet provider, which also operates staking services, disclosed Wednesday… Read More
That’s where Abrams sees an opening. Open USD, he said, is designed for banking, cross-border payments, card settlement, institutional trading and lending, with an economic model built to reward the companies that drive supply and activity. “When are stablecoins successful? It’s when they recede into… Read More
Coinbase spent enough to make the top-ten in the overall category of securities and investment lobbying, according to OpenSecrets.org, above even Goldman Sachs Group Inc. and Andreessen Horowitz. In U.S. law, lobbying must be legally disclosed through federal filings (though plenty of soft lobbying happens… Read More
