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July 25, 2023
Absent clear, comprehensive regulatory guidance in the U.S., crypto companies would be wise to shore up their accounting systems. The U.S. presents many obstacles to crypto companies, with a multiplicity of federal and state regulatory agencies having real or potential jurisdiction over the industry. Its unique political environment has contributed to more governmental skepticism toward...
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Robinhood has been planning expansion into the United Kingdom since 2019 but the project has faced multiple delays. Cryptocurrency-friendly trading platform Robinhood is moving forward with plans to launch services in the United Kingdom with a new major local appointment. Robinhood has appointed former Barclays executive Jordan Sinclair as the new CEO to run its...
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AI has seen massive growth in recent years, leading to comparisons with the now infamous dot-com bubble and crash of the 1990s. Artificial intelligence (AI) has seen tremendous growth in recent years, exploding into popular culture and industry and leading to comparisons with the now infamous dot-com bubble and crash of the 1990s. During the...
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In light of the Twitter rebranding Elon Musk posted that in the coming months, users can expect to conduct their “entire financial world” via the X platform. Elon Musk posted an update for users with more information on the rebranding of Twitter to X saying it is part of a larger plan to incorporate financial...
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Cointelegraph analyst and writer Marcel Pechman explains why debt might be good for Bitcoin, and discusses JPMorgan’s method for trading debt instruments. In the latest episode of Macro Markets, Cointelegraph analyst Marcel Pechman discusses the United States Federal Reserve’s delicate balancing act of curbing inflation without causing a recession and sheds light on the potential...
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Sky Mavis executive Kathleen Osgood said that the catalyst for the revival of blockchain gaming would be an experience that understands the motivations driving users into Web3. Sky Mavis, the company behind the popular play-to-earn (P2E) blockchain game Axie Infinity, has announced a partnership with the Ethereum-based nonfungible token (NFT) collection CyberKongz to create a...
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The platform is now among the four largest cryptocurrency exchanges by trading volume after integrating with recently acquired wallet service Bitkeep. The firm is currently undergoing a rebranding initiative following its acquisition of Bitkeep, with the latter being renamed as Bitget wallet. The platform has produced some impressive market performance metrics in 2023, ranking as...
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Sotheby’s new generative art program will record all of its sales exclusively on the Ethereum blockchain. Sotheby’s is making moves. The same fine art auction house behind several recent major nonfungible token (NFT) sales has just made the Met Breuer’s old Madison Avenue building its home, and on July 26, it’s launching an on-chain Gen...
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Timothy Massad, the former CFTC chairman, highlighted the benefits of stablecoins and urged regulators not to discredit their utility. The former chairman of the United States Commodity Futures Trading Commission (CFTC), Timothy Massad, highlighted the importance of government attention being paid to the stablecoin ecosystem in an interview with CNBC.  On July 24, Massad told...
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The project has faced criticism from within the fintech world over its dystopian features and privacy concerns. The newly launched controversial crypto and ID project Worldcoin could face inquiries from data regulators in the United Kingdom as it raises concerns over privacy and critical biometric data safety, according to a Reuters report. The Information Commissioner’s...
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