US Federal Reserve Banks say stablecoins could ‘become a source of financial instability’
The report compares stablecoins to money market funds and ultimately concludes they have similar shortcomings.
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US Treasury sanctions Ethereum wallet tied to cartel over ‘illicit fentanyl trafficking’
An ETH wallet tied to Mexican national Mario Alberto Jimenez Castro was allegedly used for illicit fentanyl sales in the United States.
Crypto bills could be delayed as many prepare for US gov’t shutdown
Bills focused on crypto regulation, market structure, and stablecoins could all be put on hold if U.S. lawmakers don't reach a decision on government spending by Sept. 30.
NASA plans to prove its next Moon landing is real using blockchain
The Isle of Man and Florida-based computing startup Lonestar are partnering with NASA to pioneer a blockchain-verified, data storage solution on the Moon.
Ripple Wants to Hire People Primarily in These Countries
Despite the ongoing uncertainty in the cryptocurrency industry and the prolonged bear market, Ripple is among the companies that vowed to increase their headcount by the end of the year.…
Coinbase Intensifies Campaign for Clear Crypto Regulation by Mobilizing 50 Million Investors
US-based cryptocurrency exchange giant Coinbase continues to push forward with its efforts to seek regulatory clarity for the crypto industry, claiming that the current enforcement approach by regulators stifles innovation…
How are crypto firms responding to US regulators’ enforcement actions?
Prometheum was purportedly "purpose-built to comply with federal securities laws" and has avoided lawsuits from the SEC when compared with firms like Binance and Coinbase.
Crypto investment firm CoinShares opens hedge fund division for US investors
CoinShares’ subsidiary and broker-dealer registered with the U.S. FINRA will be conducting marketing activities for the new hedge fund division in the United States.
EU Parliament research recommends non-EU nations tighten crypto regulation
Potential implications around financial stability, lower market appeal and mainstream use of stablecoins were the main concerns highlighted by the author of the report.
Ripple v. SEC Lawsuit Update Sep 22
The legal battle between Ripple and the United States Securities and Exchange Commission (SEC) remains a trend in the crypto space. Both entities have fired multiple shots at each other…
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