Coinbase Shelves ‘Lend’ Amid SEC Pushback
Having to scrap the lending program "is a major blow for Coinbase as the firm tries to diversify revenue beyond its trading fees.”
Mastercard to Buy CipherTrace in Crypto Bet
CipherTrace's blockchain analytics tools will be combined with Mastercard's cybersecurity solutions to help businesses identify crypto risks.
Coinbase Clashing With SEC Over Lending Platform
“If we end up in court we may finally get the regulatory clarity the SEC refuses to provide,” Coinbase CEO Brian Armstrong says.
Crypto Hacker Returns Half of Stolen Assets
The theft from DeFi platform Poly Network "demonstrates that even if you can steal crypto assets, laundering them and cashing out is extremely difficult."
BitMEX Fined $100M in Latest Crypto Crackdown
U.S. regulators alleged the exchange traded digital assets without verifying customer identities and implementing an anti-money laundering program.
DeFi Platform Fined $13M Over Crypto Offerings
The SEC targets decentralized finance in alleging the founders of DeFi Money Market illegally sold more than $30 million in securities.
New SEC Chief Aims to Tame Crypto ‘Wild West’
SEC Chair Gary Gensler says the industry is "rife with fraud" and if Congress doesn't act, "I worry a lot of people will be hurt."
FASB Launches Agenda Consultation Project
The first in five years, the project seeks comments about the Financial Accounting Standards Board's future standard-setting agenda.
Blockchain Strategies Needed as U.S. Clamps Down on Crypto
Now is the time for CFOs to get a handle on their cryptocurrency exposures and start figuring out a blockchain strategy.
S&P Launches Bitcoin, Ethereum, Crypto Mega Cap Indexes
The three indexes will measure the performance of digital assets listed on registered open exchanges.
Holding Bitcoin Still Risky
The cryptocurrency’s price volatility and the lack of accounting guidance on holding digital assets keep Bitcoin off most companies’ balance sheets.