Jack Dorsey Aims to Create Anti-Censorship Bitcoin Mining Pool With New Startup
The company said has it created “only non-custodial” mining pool where miners get the new bitcoin block reward directly from the network.
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Digital Finance Firm SoFi Hands Its Crypto Business to Blockchain.com
Blockchain.com President Lane Kassleman said in an interview that his firm’s SoFi partnership equates to hundreds of thousands of users and hundreds of millions of dollars.
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Crypto Firms That Act Like Banks Should Be Regulated Like Them, ECB Official Says
But supervision of bank-like crypto firms could be a pain for regulators, said Andrea Enria, chair of the supervisory board at the European Central Bank.
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Aave’s GHO Stablecoin Nears Elusive Dollar Peg
A “benevolent temporary dictator” is helping the not-so-stablecoin get on track.
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Coinbase CEO Says Binance Settlement Will Turn the Page on Crypto’s ‘Bad Actors’
Armstrong said the recent enforcement action against bad actors such as Binance or former crypto exchange FTX could “close the chapter” on that part of crypto’s history.
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Hong Kong Chief Says Regulators May Get Powers to Crack Down on Unlicensed Crypto Exchanges: Report
The Securities and Futures Commission said it does not have the power to close unlicensed crypto exchanges.
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Bitcoin Pushes Above $37.7K on Dovish Comments From Fed’s Waller
The typically hawkish Fed governor said rate cuts could be on the agenda if inflation continues to decline.
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Central Banks Have No Interest in Personal Data, BIS Official Says While Promoting CBDCs
The Bank for International Settlements has been calling on countries to prepare for CBDCs as governments face backlash over privacy concerns.
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Digital Euro Can End Bank Crises, Is Better Than Deposits, Ex-Bank of Spain Chief Says
A central bank digital currency (CBDC) could also be used to deregulate banking activities and help the banking sector grow, Miguel Fernández Ordóñez said during a European Parliament hearing on a digital euro.
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Coinbase Is Dominating a Key Bitcoin ETF Service. Can Anyone Else Join the Race?
Brian Armstrong’s exchange is so far the only outside crypto custodian listed in the ETF applications, meaning a famous name in custody, BitGo, has been missing from the conversation.