(source: en.wikipedia.org)
If Congress doesn’t pass the CLARITY Act, the Commodity Futures Trading Commission (CFTC) will use its existing authorities to begin establishing a crypto asset market regime, CFTC Chairman Michael S. Selig said Thursday (Aug. 20). In remarks delivered at the Innovation Advisory Committee Conference in...
The Securities and Exchange Commission’s (SEC) proposed Regulation Crypto Assets, which the regulator announced Tuesday (Aug. 18), could facilitate token-based fundraising in the United States, Grayscale Head of Research Zach Pandl said in an article published Wednesday (Aug. 19). Token-based fundraising, in turn, could bring...
Social media platform X is reportedly exploring the use of stablecoins to pay influencers. That’s according to a report Thursday (Aug. 20) by CoinDesk, citing a source who also works with other social media companies testing the use of stablecoins to pay commissions to influencers who post content on...
The Securities and Exchange Commission (SEC) proposed new rules that it said in a Tuesday (Aug. 18) press release would create a clear framework for certain investment contracts involving crypto assets. Dubbed “Regulation Crypto Assets,” the proposed rule will be open for a 60-day public...
Kraken has launched its multi-asset debit card, Krak Card, in the United States, about eight months after introducing the card in the United Kingdom and the European Economic Area (EEA), the company said in a Tuesday (Aug. 18) press release. The Krak Card allows customers to store...
MoonPay says it is the first/only platform offering Cash App Pay for digital asset purchases. That means eligible U.S. customers can now use their Cash App balance to buy digital assets on MoonPay and via select partners on its network, the company announced Tuesday (Aug. 18). “Cash App is where...
The Blockchain Association is urging the Supreme Court to take up Custodia Bank’s long-running fight for access to the Federal Reserve’s payment system, warning that a lower-court ruling could give federal regulators broad power to shut lawful digital asset businesses out of banking. In an...
A Fortune 500 treasurer considering whether to leave $100 million in stablecoins overnight would probably ask a different set of questions than a payments executive deciding whether to use them to settle a transaction. Who legally owes the company the money? What assets stand behind...
Visa is reportedly searching for a new stablecoin settlement partner that offers multi-regional licensing capabilities. That’s according to a report Tuesday (Aug. 18) from CoinDesk, which says that this partner would replace BVNK, the stablecoin company Mastercard acquired earlier this month. The report cites a request for product (RFP)...