Month: November 2023

Crypto startup MoonPay has named former Coinbase and Andreessen Horowitz (a16z) executive Mike Lempres to its board of directors as regulatory scrutiny intensifies in the United States. Lempres has joined MoonPay USA LLC’s board, a wholly owned subsidiary of MoonPay’s parent company MoonPay Inc., the company said Thursday. Lempres was previously Coinbase’s chief policy officer…

The open interest in bitcoin long futures held by asset managers on the Chicago Mercantile Exchange (CME), has reached an all-time high. Open interest of CME bitcoin long futures by asset managers increased from $1.04 billion at the end of October, to a current value of $1.98 billion, according to The Block’s Data Dashboard. The…

Chipper Cash co-founder Ham Serunjogi topped the Forbes “30 Under 30” list of finance professionals for North America this year.Fourteen slots were occupied with people who have ties to crypto or blockchain.While down from the number of leaders and founders celebrated during the last crypto bull run, Forbes did not shy away from honoring crypto…

The Treasury Department sent recommendations to lawmakers, including one that calls for new sanctions tools to fight bad actors in crypto, according to prepared remarks from Deputy Treasury Secretary Wally Adeyemo ahead of the Blockchain Association’s Policy Summit. The U.S. Treasury Department is asking Congress to give it more authority to go after illicit actors…

Swiss asset manager Pando Asset became the latest firm to seek approval for a spot bitcoin ETF, filing an S-1 form with the Securities and Exchange Commission on Wednesday. Pending approval, the Pando Asset Spot Bitcoin BTC -0.13%Trust would trade on the Cboe BZX Exchange, with Coinbase as a custodian. For bitcoin pricing, the filing…

“This is a field that is rife with bad actors and rife with fraud and manipulation and money laundering,” SEC Chair Gary Gensler said on Wednesday, without specifically addressing questions about applications for spot bitcoin ETFs.Securities and Exchange Commission Chair Gary Gensler stayed mum on Wednesday when asked by journalists if the industry could soon…

K33 Research: Crypto markets remain steady despite Binance-DOJ settlementThe crypto market, led by Bitcoin and Ether, has shown resilience following the U.S. Department of Justice’s $4.3 billion settlement with Binance, amidst varied reactions across different crypto assets and exchanges. In a Nov. 27 development, the cryptocurrency market has shown resilience despite the U.S. Department of…