Crypto Broker Genesis Cutting 20% of Workforce as CEO Michael Moro Exits
Michael Moro, the CEO of crypto broker Genesis has quit as the company cuts 20% of jobs. Source
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Broker
Behind Voyager’s Fall: Crypto Broker Acted Like a Bank, Went Bankrupt
In an industry where counterparties are tightly bound together by a weave of debt and leverage, dominoes can fall fast and hard. Original Source
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Crypto broker goes bankrupt, Bitcoin miner capitulates and China VC funding soars
Those of us anxiously awaiting a summer relief rally for Bitcoin (BTC) may have to wait a little while longer. The bear market is still cleansing us of our excess — and revealing the most toxic players in our industry. I’ve talked to you about Terra (LUNA) — now renamed Terra
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Crypto Broker Voyager Claims It Was FDIC Protected Draws Regulatory Scrutiny: Report
The FDIC – a federal regulator tasked with overseeing bank stability in the U.S. – protects customers from losing their funds in the event of a bank collapse, insuring up to $250,000 per account. This insurance, however, usually only applies to an actual bank failure, not upon failure of the
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US govt delays enforcement of crypto broker reporting requirements: Report
The provision in the U.S. infrastructure bill signed into law in November, which will require financial institutions and crypto brokers to report additional information, could reportedly be delayed.According to a Wednesday report from Bloomberg, the United States Department of the Treasury and Internal Revenue Service may not be willing to
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Crypto Derivative Traders Can Access TradingView With Broker Eightcap – Sponsored Bitcoin News
sponsored Australian FX and CFD provider Eightcap has recently announced that it has partnered with TradingView, allowing crypto derivative traders to trade directly from TradingView’s charts into their Eightcap trading accounts. Crypto derivative traders will access Eightcap’s full suite of crypto derivatives, including altcoins, crypto-indices and crypto-crosses. Eightcap’s integration with
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Lloyd’s-Licensed Broker Launches Crypto Insurance Product
“As well as protecting the actual physical digital assets, there’s a whole other world of risk that also needs to be covered,” said Superscript digital assets lead Ben Davies in an interview. “So, if a platform goes down, or there are privacy breaches, ransomware attacks, breaches of contract, copyright and
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Australian Crypto ETF Launch Delayed Due to Pressure From Unidentified Broker: Report
The launch of three crypto ETFs in Australia has been blocked less than 24-hours before it was due to be listed on CBOE Australia. Original Source
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Six senators urge Treasury Secretary to clarify definition of broker in infrastructure law before 2022
A bipartisan group of U.S. senators have called on Treasury Secretary Janet Yellen to clarify the language in the infrastructure bill signed into law by President Joe Biden around the tax reporting requirements on crypto.In a Tuesday letter, Senators Rob Portman, Mike Crapo, Pat Toomey, Mark Warner, Kyrsten Sinema, and Cynthia
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US Lawmakers Ask Janet Yellen to Define ‘Broker’ for Infrastructure Bill
A bipartisan group of U.S. Senators want Treasury Secretary Janet Yellen to specify how the finance ministry will define a “broker” for crypto tax reporting purposes.In an open letter published Tuesday, Senators Rob Portman (R-Ohio), Mark Warner (D-Va.), Mike Crapo (R-Idaho), Kyrsten Sinema (D-Ariz.), Pat Toomey (R-Pa.) and Cynthia Lummis
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