digital assets

This Week Web3: Scams, Payments and Stablecoins
This Week Web3: Scams, Payments and Stablecoins
September 04, 2024  |  Blockchain

A lot can change in five years, particularly when it comes to fast-moving innovations like blockchain technology. Back in 2019, the crypto landscape was marked...

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Lawmakers Say Crypto Bill Passage Would Be Long Shot for 2024
Lawmakers Say Crypto Bill Passage Would Be Long Shot for 2024
September 01, 2024  |  Cryptocurrency

Will this year see a cryptocurrency bill make it through Congress? There’s a chance, according to a Sunday (Sep. 1) report by Coindesk, though it’s...

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Citi Digital Assets Exec Shobhit Maini Reportedly Leaving Bank’s Market Unit
Citi Digital Assets Exec Shobhit Maini Reportedly Leaving Bank’s Market Unit
August 13, 2024  |  News

The head of digital assets for Citi’s markets unit is reportedly stepping down. Shobhit Maini, who has held that job since 2021, is leaving the...

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SEC Alleges NovaTech Ltd Ran Fraudulent Crypto-Centered Scheme
SEC Alleges NovaTech Ltd Ran Fraudulent Crypto-Centered Scheme
August 12, 2024  |  Cryptocurrency

The Securities and Exchange Commission (SEC) charged NovaTech Ltd, its operators, Cynthia and Eddy Petion, and the company’s top promoters with running a fraudulent scheme centered on...

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Fed Action Against Customers Bank Underscores Crypto’s Challenges
Fed Action Against Customers Bank Underscores Crypto’s Challenges
August 12, 2024  |  Cryptocurrency

Despite the decentralized nature of cryptocurrencies and other digital assets, Web3 businesses need banking partners. But on Thursday (Aug. 8), news broke that Pennsylvania-based Customers...

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Fed Enforcements Now Focus on Instant Payments and Tokens
Fed Enforcements Now Focus on Instant Payments and Tokens
August 09, 2024  |  Bank Regulation

A recent enforcement action by the Federal Reserve taken against Customers Bancorp and its Customers Bank subsidiary has taken note of the risks and challenges...

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Corporate America Moving On-Chain and Regulatory Clarity Propel Coinbase Earnings
Corporate America Moving On-Chain and Regulatory Clarity Propel Coinbase Earnings
August 02, 2024  |  Earnings

The crypto industry is an unpredictable one. For years it has been defined by giant surges in value, as well as equally momentous drops. And...

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DraftKings Shutters NFT Marketplace Amid Legal Headaches
DraftKings Shutters NFT Marketplace Amid Legal Headaches
July 30, 2024  |  Cryptocurrency

Online betting service DraftKings said is closing down its three-year-old non-fungible token (NFT) marketplace. The company announced Tuesday (July 30)  it was shuttering the marketplace,...

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Swiss Lenders Aim to Fill Crypto Payment Gap
Swiss Lenders Aim to Fill Crypto Payment Gap
July 23, 2024  |  Cryptocurrency

Following the collapse of two crypto-friendly American banks, European lenders are reportedly filling that space. As Bloomberg News reported Tuesday (July 23), two Swiss banks...

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