A thin regulatory tightrope that is getting thinner. The costs of developing a compliance regime to satisfy market regulators is not small. If the SEC for example adopts an approved persons regime for crypto exchanges the whole board dynamic will…
$320 million in stolen crypto funds have been replaced by Jump trading following last weeks hack. I have asked this question before, where do you get the crypto from to replace the lost funds and who accounts for the loss?…
Looking for innovative uses of blockchain and crypto, no doubt one of many that are out there that no one here’s about. Building a network of connected devices, its own currency and enabling secure connectivity for devices. Lateral thinking applied…
Crypto and NTFs are walking a tightrope at the moment. There’s allot of innovation opportunity ahead for crypto, smart contracts, ownership of unique digital assets and a move away from centralised platforms under block chain. There is a balance to…
Unfortunately if it looks like an ATS, smells like an ATS and tastes like an ATS I suspect the SEC will aim to treat it like an ATS. It may not just impact crypto systems, but with recent market volatility…
A strong view on crypto currencies from JPM CEO. Getting behind the regulatory curve, a little jaded on crypto or just being realistic? ¢â‚¬Å“Currencies have rules of law behind them, central banks and tax authorities,¢â‚¬Â Dimon said‚ in an interview‚ with the…
This is a twist, reportedly not stolen from a wallet, but minted and stolen from an exchange. Converting 80,000 to Ethereum (wEth). It maybe the second-largest at $326million on DeFi services, with the largest being Poly Network, hacked in August…
Along with the general move to regulate crypto markets, the Indian Government announced that it will Tax Crypto and NFT income at a flat rate of 30%. In reversing previous statements it aims to create a digital rupee, in line…
The political divide between Democrats and Republicans maybe showing in the crypto regulation debate. Following the release last week of a proposal to provide oversight of platforms that trade government securities could allow the oversight of digital asset platforms. With…
Crypto innovation is a good thing, the use of block chain for smart contracts and the development of frictionless payments mechanisms that are not tied to a single currency, has enabled smoother financial transactions. Block Chain has enabled the creation…
