Lessons from New York for California’s New Crypto Licensing Regime
Linda Lacewell, who helped modernize New York’s regime for crypto startups, offers advice to California regulators about setting up a similar scheme there.
Read MoreU.S. CPI Unexpectedly Flat in October; Bitcoin Adds Nearly 1%
In addition to the headline beat, core CPI unexpectedly declined last month.
Read MoreCircle to Enable Cross-Chain USDC Transfers With Cosmos’s Noble Later This Month
Decentralized exchange dYdX will be the a user of CCTP, as the project expands beyond Arbitrum, Base, Ethereum and Optimism.
Read MoreBitcoin Miner Hut 8 Q3 Net Loss More Than Doubles as Production Slumps
The firm said it mined fewer coins due to a higher network difficulty, operational issues and the suspension of some operations.
Read MoreOMG Token Surges 16% as Vitalik Buterin Hails the ‘Return of Plasma’
OMG, the native token of the OMG Network, surged 16% to a six-month high of $0.77 after Ethereum creator Vitalik Buterin published a blog post on how Plasma, the technology
Read MoreCryptocurrency Exchange OKX Coming Out With Layer 2 ‘X1’ Built on Polygon Technology
The OKB token will be used for gas fees on the new chain, which comes as rival crypto exchanges including Coinbase and reportedly Kraken are pursuing their own layer-2 projects.
Read MoreWhat the IRS Gets Wrong About DeFi and Crypto in Its Latest Tax Reporting Proposal
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Read MoreCathie Wood Speculates Gary Gensler’s Political Ambitions Are Affecting Spot BTC ETF Judgement
Wood said Gensler’s concerns that bitcoin is prone to market manipulation, one of the barriers to the approval of a spot BTC ETF in the U.S., belie his perfectly sound
Read MoreThe IRS and the Rising Cost of Crypto Tax Compliance
David Kemmerer anticipates the unintended consequences of proposed new regulations on brokers reporting crypto transactions. Expensive “tax experts” are set to benefit financially, he says, even if ordinary investors won’t.
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