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“Imagining a scenario in which a large retailer would enable crypto-assets as a payment option, or a leading tech company would introduce crypto-asset based peer-to-peer payments, consumer exposure could soar in a short period of time, strengthening the link” between the crypto and conventional financial realms, the document said. Source
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This is the second part of my column about the crackdown on insider trading involving crypto. In the first part, I discussed the criminal indictment of Nathaniel Chastain, a former product manager at the OpenSea NFT marketplace. I also discussed the SEC’s allegations against former Coinbase employee Ishan Wahi, his
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It took a few years, but government crackdowns on “insider trading” involving digital assets have finally arrived. It’s about time! Insider trading occurs often in our securities markets, so it was only a matter of time before crypto and other digital assets would be exploited improperly by miscreants for financial
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Powers On... is a monthly opinion column from Marc Powers,
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Thailand is reportedly preparing to amend its law on digital assets to tighten the oversight of the crypto sector and empower the Thai central bank to oversee the sector. “Right now, the central bank has no room to enter into the regulatory framework except for notifying that cryptos are not
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The dollar value of open positions in Binance-listed FLOW futures has increased by 345%, validating the price rally. Source
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United States Senate Agriculture Committee chair Debbie Stabenow and ranking member John Boozman introduced the Digital Commodities Consumer Protection Act bill on Wednesday. The bill has been expected for several months. Like the Digital Commodities Exchange Act (DCEA) introduced into the House of Representatives by members of the House Agriculture
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Solana DeFi protocol Solend has passed a governance vote that will see voting times increased to one day. Original Source
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“The crazy backlash” on Twitter and in the press forced Solend back to the drawing board, pseudonymous founder Rooter told CoinDesk in a telegram message. SOL price recovery has granted a bit of liquidation wiggle room, Rooter said, but the issue of what to do about the nonresponsive whale wallet
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