Investments under custody are usually very safe, until the accountability of the custodian is called into question.
Decentral Block Post
ECB exclusive: Crypto payments 'not currently cost effective,' Amex exec says
The American Express executive said that their firm is bullish on crypto and is actively working to incorporate more crypto-related services in the future.
Not the best week for crypto lending: Law Decoded, June 20-27
The Celsium failure continues to draw attention to the lending issues from regulators and community.
Uzbekistan warms up to Bitcoin mining, but there’s a catch
The executive order spares all the mined assets from taxation and bans mining anonymous currencies.
Celsius denies allegations on Alex Mashinsky trying to flee US
Celsius CEO Alex Mashinsky wasn't trying to leave the U.S. last week but has continued to work on recovering liquidity and operations, the company has claimed.
Community reacts after SEC’s Gensler affirms BTC’s commodity status
Gensler said he saw many crypto assets having attributes of a security, adding that Bitcoin is the only crypto he was comfortable publicly labeling as a commodity.
Central African Republic president launches crypto initiative following Bitcoin adoption
The Sango project’s plans include building a "legal crypto hub," expanding the adoption of Bitcoin, and creating a “crypto island” — a special economic zone in the metaverse.
Educating regulators will help mitigate risks, says Figment exec
Robert Ellison noted that a regulatory framework for staking is achievable because the concept is very easy to understand.
Swiss National Bank exec: Regulators may favor centralized stablecoins after Terra crisis
Thomas Moser hinted that regulations might take time as the current regulations would wipe out the decentralized ecosystem like DeFi.
China’s BSN chair calls Bitcoin Ponzi, stablecoins 'fine if regulated'
Stablecoins like USDT and USDC would be doing just fine if properly regulated, while Bitcoin is a "Ponzi scheme" in any case, China's BSN chair told Cointelegraph.
Catalonia is building its own metaverse, says innovation minister
The government is hoping to make Barcelona a digital hub by offering various skills programs to university students and boot camps to cultivate talent.
Crypto conspiracy theories abound, but prop traders are just doing its job
FTX founder Sam Bankman-Fried and Alameda Ventures made recent headlines for bailing out a handful of CeFi crypto platforms this week, but what exactly do market makers do?
Gensler appeals for ‘one rule book’ in negotiations with CFTC over crypto regulation
In an interview with The Financial Times, SEC chair Gary Gensler said he is working on a memorandum of understanding with the agency’s digital asset market co-regulator.
CBDC may threat stablecoins, not Bitcoin: ARK36 exec
A state-backed digital currency like the U.S. dollar doesn’t necessarily have to be a competitor to a decentralized cryptocurrency, one industry exec believes.
'Brutal and unrelentingly hard': Singapore regulator's clampdown on crypto
The remarks from the regulator's chief fintech officer could see the city-state lose its perception as one of the most crypto-friendly countries in the world.
Hoskinson pitches software-enabled crypto self-regulation to Congress
Hoskinson feels regulations for the crypto industry should be defined better, but that compliance should come from the industry itself, not from regulatory authorities.
Former Chancellor says UK is falling behind on crypto opportunity
The former chancellor said there was a particular lack of regulatory structure in regards to digital asset trading.
Chainalysis tips Australia will crack down on misleading crypto ads
Chainalysis’ head of international policy Caroline Malcolm explained this means bringing crypto-assets into a similar regulatory regime to financial products as occurred in the United Kingdom.