digital

Coinbase unveils lobbying push for a brand new US regulator focused on digital assets

Coinbase unveils lobbying push for a brand new US regulator focused on digital assets

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Coinbase has put out a sweeping proposal for a new regulatory regime over digital assets in the United States.  Released on October 14, Coinbase’s plan at its core proposes a drastic reconfiguration of U.S. financial regulation. Most notably, that includes establishing a brand new regulator with control over marketplaces for digital assets, which the firm …

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Coinbase Has Received the Third-Most Complaints Among Digital Wallet Firms

Coinbase Has Received the Third-Most Complaints Among Digital Wallet Firms

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Coinbase’s digital wallet has received the third-most complaints among companies operating such wallets over the past four years. Coinbase received 755 complaints from 2017 through April 2021, according to the Massachusetts Student Public Interest Research Group (MASSPIRG), the consumer research and consumer advocacy group that reviewed complaints filed with the Consumer Financial Protection Bureau (CFPB). …

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Grayscale Adds Solana to $494M Digital Large Cap Fund — CoinDesk

Grayscale Adds Solana to $494M Digital Large Cap Fund — CoinDesk

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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. @2021 CoinDesk …

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US Fed on Digital Dollar - 'More important to do this right than to do it fast'

US Fed on Digital Dollar – ‘More important to do this right than to do it fast’

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Countries around the world are scrambling to launch their CBDC projects as cryptocurrencies continue to become part and parcel of the financial system. The United States Federal Reserve seems to be in no rush, however, with the same sentiment shared by Jerome Powell during a recent press conference. Right now, the Fed is working on …

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Deposit crypto and manage digital assets with Huobi Earn

Deposit crypto and manage digital assets with Huobi Earn

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Crypto trading platforms like Huobi Global are making trading more accessible to everyday investors, providing a wide range of educational content, products, and tools.  Especially since Bitcoin topped $60,000 in March after rebounding from the year’s low of $27,734 on Jan. 4, more and more investors are looking to add digital assets to their portfolios.  …

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NASCAR links partnership with the startup behind a blockchain-based digital horse racing game

NASCAR links partnership with the startup behind a blockchain-based digital horse racing game

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Can’t make it to a horse race in person? Have no fear, because you could soon be able to attend one in the metaverse. American auto racing company NASCAR has partnered with the developers behind the blockchain-based digital horse racing game ZED RUN to create a “brand new, futuristic fandom experience,” the Virtually Human Studio …

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Galaxy Digital launches fund of funds backed by Franklin Templeton

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Galaxy Digital’s asset management business seems to be heating up after a recent acquisition. “It’s going to be a diversified asset management platform…the Blackstone of crypto,” Galaxy’s Scott Army said, referring to the $600 billion alternative investment management giant.  On Tuesday, the firm made one of its first steps towards that goal, announcing the launch …

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Fidelity Digital Assets plans big headcount boost in response to institutional interest in crypto

Fidelity Digital Assets plans big headcount boost in response to institutional interest in crypto

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Fidelity Digital Assets, the crypto-focused arm of the asset manager Fidelity, plans on hiring as many as 100 employees to bolster cryptocurrency projects in response to institutional demand in crypto, reports Bloomberg.  Fidelity Digital Assets president Tom Jessop told Bloomberg that the firm intends on hiring employees in its Dublin, Boston and Salt Lake City …

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Beijing, Suzhou enable China's digital yuan payments for subways

Beijing, Suzhou enable China’s digital yuan payments for subways

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The Chinese capital city of Beijing has extended the testing of China’s central bank digital currency, dubbed the e-CNY, to its railway system. The municipal government of Beijing said in an announcement Wednesday that users who have activated the standalone digital yuan mobile app via the Industrial and Commercial Bank of China (ICBC) are now …

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