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US Lawmakers Want Stablecoin Issuers To Get Bank Charters As Cryptos Enter Wall Street
On December 2, 2020, US Representatives Jesús “Chuy” García (D-Ill.), Rashida Tlaib (D-Mich.), together with Stephen Lynch (D-Mass.) introduced a comprehensive version of the Stablecoin Tethering and Bank Licensing Enforcement (STABLE) Act.…
Are Companies Like Voyager the Future of the Cryptospace?
In this exclusive interview, Steve Ehrlich, CEO of Voyager bared his mind on everything cryptocurrency. He provided insights that will serve as the foundation for progress within the cryptospace.
The Prospect of Building a New International Monetary System Is Getting Real
This is part of a series of op-eds previewing the World Economic Forum in Davos, Switzerland. CoinDesk will be on the ground in Davos from Jan. 20–24 chronicling all things crypto at the annual gathering of the world’s economic…
Circle Pivots to Stablecoin Platform as More Execs, Teams Depart
Payments startup Circle is pivoting its business to solely offering stablecoin services with the sale of its over-the-counter (OTC) trading desk. As part of the move, the firm confirmed the departure of additional executives, just weeks…
Circle Confirms New Round of Layoffs Following Co-CEO Departure
Circle laid off about 10 employees in its latest effort to cut costs. The move follows a round of 30 layoffs in May.
Circle Co-Founder Sean Neville Steps Down as Co-CEO
“I also expect to propel the mission forward through CENTRE and other new complementary paths that traverse worthwhile challenges in infrastructure, regulatory policy, economics, and product design,” he wrote. “As always, I remain…
Poloniex Expands Margin Trading Offering For Non-US Customers
Ethereum Classic (ETC) is now available for margin trading on crypto-to-crypto exchange platform Poloniex for non-US customers. ETC joins other cryptocurrencies already available for margin trading on the platform including ether, dash,…
Crypto Exchange Circle Partners With Financial Surveillance Provider Nice Actimize
On Feb. 27, Boston-based cryptocurrency finance firm Circle announced a partnership with Nice Actimize financial crime detection and prevention technologies unit. Circle follows other large cryptocurrency exchanges that have opted to add…
US Crypto Industry Vets Form Blockchain Association Lobbying Group
Some of the largest United States-based players in the cryptocurrency space, together with tech industry veterans, are forming the Blockchain Association to better lobby for crypto-related policy changes in Washington D.C.