Bank of China invests $28 million in Ethereum-based tokenized securities in Hong Kong, marking a significant milestone for the adoption of blockchain technology in traditional finance.
Former CFTC Chairman Heath Tarbert joins Circle as Chief Legal Officer, guiding the stablecoin issuer's global expansion amidst shifting regulatory attitudes towards the crypto industry.
The SEC has sued both Binance and Coinbase - these cases may define how cryptocurrencies are regulated in the US, making this a must-read for anyone interested in the future of crypto.
Investment bank Berenberg warns that Coinbase shares are uninvestable in the near term due to weak trading volumes and the SEC lawsuit, creating uncertainty for investors.
SEC's recent crackdown on crypto firms may drive them out of the U.S, but could result in regulatory clarity in the long run, according to industry experts.