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News Bond market veteran Nik Bhatia says that with Lightning, Bitcoin (BTC) has become an unprecedented asset by combining a store of value with medium-of-exchange scale and speed. This recognition prompted him to quit his former work for an institutional asset manager trading United States Treasu..
News A senior United States federal official has argued that Facebook’s Libra highlights the need for the Federal Reserve (Fed) to act urgently and launch its own real-time payments system. In a letter addressed to the Federal Reserve’s Board of Governors on Nov. 7, Rohit Chopra — a commissioner a..
News BlackRock and Goldman Sachs veteran Howard Surloff has joined major crypto wallet provider Blockchain.com as general counsel. Over 25 years in traditional financeAfter serving over 25 years the two of the world’s largest and most respected financial institutions, Surloff will now be responsib..
News The Winklevoss twins — Bitcoin (BTC) bulls and founders of the Gemini crypto exchange — say its retail investors who are still largely reaping the benefits of the crypto market. In an interview with CNN Business on Aug. 22, Tyler and Cameron Winklevoss gave their perspective on Bitcoin as an ..
Unlike the unfounded narrative that cryptocurrency enables crime, big banks are more than happy to serve unsavory clients if it is lucrative enough for them. The latest example of this is a report that Jeffrey Epstein was apparently using his bank accounts to fund sex trafficking and possibly other ..
News Mike Novogratz's crypto investment bank Galaxy Digital hired a former exec at crypto trading giant Cumberland as head of global sales. According to an internal notice to Galaxy Digital’s counterparties, Wall Street veteran David Gross joined the company, crypto media outlet The Block rep..
News Fidelity’s crypto arm Fidelity Digital Assets Services (FDAS) has applied for a license to operate as a trust in New York State. FDAS has filed an application with the New York Department of Financial Services (NYDFS) for a trust license, crypto media outlet The Block reported on July 20, cit..
Major Wall Street bank, Wells Fargo, has come under the wrath of Twitter, following the bank’s response to a customer’s complaint via Twitter about being unable to buy cryptocurrencies like bitcoin. According to the customer, the bank bounced the debit card even after paying some bills.Sorry, Jos..
Follow up Last weekend, Bart Chilton, a former commissioner of the United States Commodity Futures Trading Commission (CFTC) and early advocate for cryptocurrency regulation, died at the age of 58. Apart from his work for the regulator, he was best known as the host of RT (formerly Russia Today) A..
ErisX To CFTC: Ethereum Futures Would Be Positive Last year, as the crypto market stumbled, ErisX, instantly deemed a potential competitor to Bakkt, was unveiled to the desperate Bitcoin community. Yet, since the American upstart first hit headlines, the company, who has strategic partnerships with ..