Anthony Scaramucci Speaks on Sam Bankman-Fried’s Actions
Anthony Scaramucci, former White House communications director, stated that disgraced crypto executive Sam Bankman-Fried hurt the industry At the Collision 2023 Panel in Toronto, Anthony Scaramucci, founder of Skybridge Capital and former White House communications director, stated that disgraced crypto executive Sam Bankman-Fried “really hurt the industry in the United States from a regulatory perspective.” Scaramucci […]
U.S. House Committee Chairs Increase Pressure on SEC Chief
U.S. House Committee sent a letter regarding recordkeeping, FOIA. And an industry advocacy group advised Wells notice recipients to request his recusal. Three committee chairs in the United States House of Representatives have sent a letter to U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler demanding a more satisfactory response to their letter dated […]
Chris Maurice Declares Africa as Crypto Continent
Chris Maurice, CEO of crypto exchange Yellow Card, remarked that in Africa, crypto is not the “casino” it can feel like in the West. Executives reported that blockchain technology solves “real-world problems” in Africa, such as hyperinflation and “corruption.” While many investors in the West may conjecture that cryptocurrencies will be the next big thing, […]
Six Clovers Rolls Out Versal Network for International Payments
Six Clovers, a fintech company founded by ex-PayPal employees in 2021, has introduced the Versal Network. The Sui blockchain is the foundation of this network, which aims to enhance the speed, security, and efficiency of cross-border payments . Borderless Capital, BCW Group, and Grupo Supervielle have made investments in Six Clovers. The Six Clovers API […]
Mastercard To Build Blockchain App Store for Financial Apps
Mastercard plans to launch a “Multi Token Network” (MTN) in beta, offering developers access to powerful tools for creating innovative payment applications. Raj Dhamodharan, the Executive Vice President and Head of Cryptocurrency and Blockchain at Mastercard, described MTN as an “app store powered by blockchain technologies for building regulated financial applications.” The developers will build […]