FINRA Approves Prometheum for Crypto Securities Services
Prometheum, a digital asset firm, has received approval from FINRA to offer clearing and settlement services for crypto securities. The firm claims to be the only federally-registered platform for crypto trading and custody in the U.S. Prometheum, a digital asset firm that aims to bridge the gap between traditional and crypto finance, has obtained approval […]
Haun Ventures Expands Its Policy Advisory Network for Crypto Founders
Haun Ventures, a leading digital asset investment firm, has added three new policy experts to its Founder Advisory Network. The move comes as the crypto industry faces increased pressure from lawmakers and regulators. The digital asset investment firm led by former U.S. federal prosecutor Katie Haun, has announced the expansion of its policy-focused advisory network […]
Argentina Opens Doors for Bitcoin Contracts After Economic Reforms
Argentina’s new President, Javier Milei, has issued over 350 economic deregulations, including allowing Bitcoin and other cryptos to be used for contracts, as part of his libertarian agenda to revive the country’s economy. Javier Milei, who took office on December 10, 2023, has announced a radical economic policy based on libertarian principles. He has issued over […]
Coinbase and Circle Get Licenses from French Regulators
Coinbase and Circle have received licenses from the French authorities to operate as virtual and digital asset service providers, respectively. Coinbase, a leading crypto exchange, has been authorized by the Autorité des Marchés Financiers (AMF), the French financial watchdog, to operate as a virtual asset service provider (VASP). This means that Coinbase can take custody of […]
BlockFi’s Bankruptcy Case Rewards Lawyers with $21 Million in Fees
The law firms representing BlockFi, a failed crypto lender, have earned a staggering $21 million in fees for their work in the Chapter 11 proceedings, which involved complex and unprecedented legal issues. BlockFi, a cryptocurrency lending platform that offered high-interest loans and deposits, filed for Chapter 11 bankruptcy protection in July 2023 after suffering massive […]