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Biden to nominate anti-crypto and anti-big bank law professor to run the OCC

The Biden management reportedly intends to appoint Kazakhstani-American attorney, educational and previous coverage consultant Saule Omarova to move the Office of the Comptroller of the Currency (OCC) — the organization that oversees the U.S. banking zone. Omarova has levied criticisms at each crypto property and the legacy banking zone...

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Crypto asset manager Cobo raises $40M to launch DeFi-as-a-service

Digital asset supervisor Cobo has raised $forty million to strengthen institutional pathways to decentralized finance merchandise, providing compelling proof that extra Asia-Pacific traders are searching for steady get admission to to the DeFi marketplace. The Series B financing could be utilized by Cobo to broaden the primary DeFi-as-a-service, or...

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Additional compensation available for Cryptsy victims, court notice says

Last week, a few former customers of the now-defunct cryptocurrency alternate Cryptsy acquired a observe informing them of a brand new flip withinside the ongoing elegance agreement process. Authorized with the aid of using america District Court for the Southern District of Florida, the record states that folks that...

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eToro commits $1M to GoodDollar universal basic income project

Cryptocurrency funding platform eToro has committed $1 million to the GoodDollar accepted simple profits protocol, assisting the nonprofit’s attempt to bridge the worldwide wealth hole thru DeFi and clever settlement technology. The extra capital will resource GoodDollar in increasing its protocol and introducing greater recipients to cryptocurrency, eToro introduced...

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Binance to cease crypto futures and options in Australia

Binance, the world’s biggest cryptocurrency trade with the aid of using buying and selling volume, maintains restricting its offerings amid the continued worldwide regulatory scrutiny, saying new buying and selling regulations in Australia. Existing Binance customers in Australia can have ninety days to lessen and near their positions for...

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