Industry Talk
Industry Talk

Crypto investment products saw $2.2B total inflows in 2023 — CoinShares

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  • January 4, 2024

When viewed year-to-year, cryptocurrency investment products experienced more inflows in 2023, with BTC having over $1.9 billion, representing 86% of the total. Cryptocurrency investment products saw inflows totaling $243 million in the final week of 2023, bringing the total flows of the year to $2.2 billion, according to CoinShares. Bitcoin BTC $43,082 funds saw the […]

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Industry Talk

Which crypto figures might be going to prison in 2024?

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  • December 27, 2023

Many in the space monitored Sam Bankman-Fried’s criminal trial, but there are other figures potentially looking at prison time in the future. N Some people considered titans of the industry before 2022 are facing criminal charges in the United States. Though no one can be certain what courts will determine as to the future of […]

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Industry Talk

Ripple gets approval to operate as digital asset service operator in Ireland

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  • December 20, 2023

Other companies in the CBI VASP register include Coinbase and Gemini exchanges, the payment processor MoonPay, Zodia Custody and others. Cryptocurrency payment network Ripple has reached another regulatory milestone in Ireland, with the Central Bank of Ireland (CBI) approving the firm as a virtual asset service provider (VASP).  Announcing the news on Dec. 19, Ripple […]

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Industry Talk

Palau advances CBDC with Ripple in phase 2 of PSC program launch

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  • December 19, 2023

The second phase of the PSC program will prioritize the development of a digital ecosystem and increased user engagement, emphasizing adherence to regulatory compliance. The Ministry of Finance of Palau officially launched the second phase of its Palau Stablecoin (PSC) program. Jay Hunter Anson, a cybersecurity consultant in Palau and adviser to the Ministry of […]

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Industry Talk

Artists aim to thwart AI with data-poisoning software and legal action

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  • December 12, 2023

With AI-generated content continuing to evolve, the advent of data-poisoning tools capable of shielding an artist’s works from AI could be a game changer. As the use of artificial intelligence (AI) has permeated the creative media space — especially art and design — the definition of intellectual property (IP) seems to be evolving in real […]

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Industry Talk

Did Binance’s CZ predict his own downfall?

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  • December 4, 2023

An exclusive interview with Cointelegraph in 2018 highlighted growing scrutiny of Binance’s meteoric growth. Five years ago, you couldn’t trade with fiat currency on Binance, yet the exchange was already garnering international attention with the highest trading volumes among its competitors. That’s no mean feat in the cryptocurrency industry, even in 2018, with several well-established […]

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DeFi News Industry Talk

Preparing business accounting for the crypto era with advanced tools

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  • December 3, 2023

Cryptocurrencies are becoming increasingly relevant for businesses, but managing and accounting for these digital assets can be challenging. Traditional businesses are hesitant to adopt cryptocurrencies due to the complexities of managing and integrating cryptocurrency transactions into existing accounting systems. The integration of digital assets into financial reporting and tax calculations poses significant challenges. Businesses that […]

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Industry Talk

Paxos to issue USD stablecoin in Singapore, wins initial approval

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  • November 30, 2023

The USD-backed token will comply with Singapore’s upcoming stablecoin laws and be issued through a new local Paxos entity that’s received initial approval. Crypto infrastructure firm Paxos has secured in-principle approval from Singapore’s regulator for a new entity that’s planning the launch of a U.S. dollar-backed stablecoin. In a Nov. 15 statement, Paxos said it […]

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Industry Talk

FCA releases guidance for compliance with new UK crypto asset promotion rules

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  • November 21, 2023

The regulator has made a few efforts to help crypto firms comply with the rules that came into force on Oct. 8. Rules for crypto asset promotion that came into force in the United Kingdom on Oct. 8 have led to some confusion, judging from the low level of compliance. The Financial Conduct Authority (FCA) […]

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Industry Talk

US House Financial Services subcommittee looks for answers on crypto and crime

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  • November 20, 2023

Reports on crypto funding terrorism and blockchain forensics were confusing, but everyone agreed on the need for collaboration and regulation. The United States House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion received an education in the uses of blockchain technology in a hearing titled “Crypto Crime in Context: Breaking Down the Illicit […]

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