The United Kingdom’s Financial Conduct Authority (FCA) selected four companies to join a dedicated stablecoin cohort within its long‑running Regulatory Sandbox. In …
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Markets
Crypto execs Armstrong, Garlinghouse among many named to U.S. CFTC advisory group
by shayaanby shayaanThe Commodity Futures Trading Commission’s new chief, Mike Selig, repurposed the agency’s previous CEO innovation council, almost tripling its members. www.coindesk.com
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The move came as bitcoin briefly rose over $70,000 in U.S. morning hours, reversing Thursday’s sharp declines ahead of the weekend. www.coindesk.com
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Analysis
Coinbase Crosses $420,000,000,000 in Assets As CEO Brian Armstrong Ranks Crypto Exchange Among Top US Banks
by shayaanby shayaanWith Coinbase crossing $420 billion in assets, CEO Brian Armstrong is comparing the top US-based crypto exchange to leading US banks. In …
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Argentina and Mexico are among the nations with the highest levels of crypto adoption in the world, according to the latest report …
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We all know how utility and credentials make or break cryptocurrencies, but is that all there is to it? A meme coin’s …
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This is a segment from the Empire newsletter. To read full editions, subscribe. Disrupting money and finance is big business. And business …
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Mining
African crypto revolution continues as Ethiopia ranks among global BTC mining leaders
by shayaanby shayaan2024 was a pivotal year for Ethiopia as it generated around $1 billion in BTC mining profits due to its access to …
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Finance
GameStop, MicroStrategy, and Coinbase stocks among top performers today
by shayaanby shayaanThe US stock market seems to be reviving after a period of intense sell-off, courtesy of the Federal Reserve. GameStop (GME) popped …
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Regulation
Consensys CEO Joe Lubin Says SEC’s Abuse of Power Among Reasons Blockchain Firm Laying Off 20% of Staff
by shayaanby shayaanThe CEO of blockchain software firm Consensys says the company is terminating 20% of its workers as the crypto industry faces a …