Crypto’s Transition: Bringing Capital Onshore
Today, offshore firms dominate the list of the biggest cryptocurrency exchanges. Expect the center of gravity to come onshore going forward, says Paul Brody, head of blockchain at EY.
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Today, offshore firms dominate the list of the biggest cryptocurrency exchanges. Expect the center of gravity to come onshore going forward, says Paul Brody, head of blockchain at EY.
There was a lot of news last week, but maybe the biggest news came Wednesday when the U.S. Department of Justice arrested two co-founders of Samourai Wallet, a bitcoin wallet that offered mixing services. The arrest ramps up the federal government’s efforts to tamp down on what it sees as money laundering enabled by privacy tools, and sets up a continuation of that broader conversation on where the right to transact in privacy fits within national security interests.
All 20 assets in the gauge posted declines over the past week, led by Solana, Cardano, and Aptos.
In a significant development for blockchain applications in enterprise finance, Ripple has formed a strategic partnership with HashKey DX, a … Continue reading
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Shrapnel, a blockchain-infused first-person shooter game, is expected to be released in 2025. Its creator gives a preview to Jeff Wilser ahead of his appearance at Consensus 2024.
Rodrigo Seira has rejoined Cooley LLP, the law firm where he worked previously, according to his LinkedIn profile.
BlackRock’s first tokenized offering, created with Securitize, has captured almost 30% of the $1.3 billion tokenized Treasury market in just six weeks.
After months of rallying and predominantly trading in the green zone, Bitcoin (BTC) faces a new sobering reality, with the … Continue reading
The post Bitcoin price red alert as 7-month green streak ends; How bad is it? appeared first on Finbold.
Backed Finance AG, a leading issuer of tokenized real-world assets and tokenization services, announced a successful Series A funding round, … Continue reading
The post Backed Finance AG secures $9.5 million in a Series A funding round appeared first on Finbold.
With a young population, enormous government funding and the hope of favorable regulation, expectations are high that Saudi Arabia will become a hub for crypto in the Middle East. But will the hype match reality?