Alphabet, BlackRock lead public firms investing $6B in blockchain startups
Samsung has invested in the most blockchain firms of all the top 40 public companies at 13, with Alphabet participating in funding rounds that raised $1.5 billion.
Samsung has invested in the most blockchain firms of all the top 40 public companies at 13, with Alphabet participating in funding rounds that raised $1.5 billion.
The Federal Reserve states that the guidelines will establish a transparent, risk-based, and consistent set of factors to be used in reviewing requests for access to its services.
BitMart has lost a bid to stymie a U.S. federal probe into its business practices, including its response to the 2021 theft of $200 million of customer tokens from the digital currency exchange.
SBI Group confirmed that Clear Markets North America Inc., the U.S. subsidiary of Clear Markets, has gotten approval from the CFTC to offer physically settled OTC digital assets derivatives.
The filings also mention M.Y. Safra Bank, which partnered with SFOX in 2019 to offer its customers cash deposit accounts backed by the FDIC.
U.S. Department of the Treasury's Office of Foreign Assets Control said that cybercriminals regularly used Tornado Cash to launder money amounting to more than US$7 billion since 2019.
Tornado Cash is a digital currency mixer that obfuscates transaction history by combining ETH deposits from many users into one pool before paying out Ethereum withdrawals.
PredictIt had been allowed to operate on the condition that it was being used for academic purposes and became hugely popular, which the CFTC said the platform violated.
The new bill, which has been expected for months, is intended to "amend the Commodity Exchange Act to provide the CFTC jurisdiction to oversee the spot digital commodity market."
Alexander Vinnik operated BTC-e exchange from 2011 to 2017, transacting over $4 billion worth of BTC, which U.S. prosecutors allege was from doing business with ransomware gangs, drug dealers, and thieves.
Coinbase has been hit with a class action lawsuit that accuses the struggling digital currency exchange of misleading customers on a number of fronts, including about the safety of assets stored on the site.
The U.S. House Financial Services Committee has singled out 20 firms it believes to be the "largest crypto, Web3, and digital assets companies," as well as venture capital firms in the space.