Gary Gensler used examples of SEC enforcement against BlockFi and a former Coinbase employee in justifying the agency’s approach to violations of U.S. securities laws. United States Securities and Exchange Commission Chair Gary Gensler cited major enforcement actions against crypto firms as part of the “economic realities” of securities regulation. In written remarks for the...Continue Reading

FOMC-induced volatility is impacting BTC price, but bulls are still aiming for a win in this week’s $640 million options expiry. The past few months have been painful for Bitcoin (BTC) bulls, but they are not alone. The United States Federal Reserve’s tightening economy policy has led investors to seek protection in cash positions and...Continue Reading

The centralized financial institution says the automated market making technology in DeFi can serve as a ‘basis for a new generation of financial infrastructure.” According to a new announcement on Wednesday, the Bank of International Settlement, or BIS, along with the central banks of France, Singapore, and Switzerland, will be embarking on a new initiative...Continue Reading

“The global South is where we should be looking” for Bitcoin adoption, Paxful CEO Ray Youssef told Cointelegraph in an interview at the gym. Cointelegraph hit the gym with Ray Youssef, co-founder and CEO of Paxful, to tackle Bitcoin adoption in the Global South. In between sets and a little out of breath, Youssef told...Continue Reading

UnionBank, one of the largest universal banks in the Philippines, debuts cryptocurrency trading via a partnership with a Swiss crypto firm. The Union Bank of the Philippines, or simply UnionBank — one of the largest universal banks in the Philippines — has launched a pilot program for Bitcoin (BTC) and Ether (ETH) custody and trading...Continue Reading

Binance CEO CZ talked about some of the latest crypto trends, why crypto is still a stable investment, Binance’s Twitter deal and more. Disclaimer: This article is updated all day long. All time codes are in the UTC time zone, and updates are in reverse order (the latest update is placed at the top). Web...Continue Reading

Crypto payments are taking off in a big way in Lugano, Switzerland with 60 merchants and counting. Over the weekend, thousands of Bitcoiners and crypto enthusiasts descended on the small, sleepy Swiss town of Lugano. More specifically, they piled onto a McDonald’s restaurant.  Perched on Lake Lugano, Mcdonald’s Lugano received countless visits from Bitcoiners keen...Continue Reading

Mike Belshe, CEO and co-founder of BitGo, explains how decentralized finance will disrupt traditional finance through use cases like automated market makers. The global decentralized finance (DeFi) market size was valued at $11.78 billion in 2021. This number is expected to increase as DeFi advances, yet it is still in its infancy. Therefore, a number...Continue Reading

Bitcoin’s long-term holders’ NUPL metric has dropped to levels that coincided with market bottoms thrice since November 2011. Bitcoin (BTC) and the rest of the crypto market have been in a bear market for almost a year. The top cryptocurrency has seen its market valuation plummet by more than $900 billion in the said period,...Continue Reading

Through a recent partnership with NFTBank, a new MetaMask wallet utility will allow users to track the value of their NFT collections. MetaMask users will now have the ability to track the value of their nonfungible token (NFT) portfolio through its latest product. The wallet provider announced a new feature on Nov. 2, which will...Continue Reading