Banks And Crypto Firms Back At The Table As CLARITY Talks Restart
Washington is trying again to clear a path for federal crypto rules. Talks that had stalled are being pulled back into the open as lawmakers and industry players head to a White House meeting. The plan, based on reports, brings bank executives and crypto company leaders to the same table with officials from the administration of US President Donald Trump. Related Reading: Gold, Silver Steal The Spotlight As Crypto Hype Fades On Social Media: Santiment White House Steps In Reports say the meeting is scheduled on Monday, and is meant to smooth over clashes that have held up a draft known as....
Related News
Talks regarding a possible acquisition by PayPal of bitcoin custodian BitGo have fallen through, Fortune reported, citing multiple sources. Read more: PayPal Said to Be in Talks to Buy Crypto Firms Including BitGo: Bloomberg
Indian exchange WazirX is set to restart crypto trading and withdrawals for the first time since the July 2024 hack. Here’s the full schedule. WazirX Trading Restart Will Begin Rolling Out This Friday As announced in a new blogpost, WazirX is finally gearing up to restart trading. The crypto platform has been inoperational since July […]
While the regulatory environment for cryptocurrencies in India is currently murky, the country has already witnessed an exponential rise in crypto popularity. The Chairman of the Securities and Exchange Board of India (SEBI) Ajay Tyagi urged mutual funds to avoid investing in crypto-related assets as the government considers new cryptocurrency rules. Speaking at a press conference on Tuesday, Tyagi advised firms to refrain from investing in funds linked to crypto assets until there is clarity on the policy and regulatory framework.“Those who have invested in mutual funds, - in companies....
Global accounting firm KPMG yesterday launched a suite of tools designed to help banks and other financial services firms build with blockchain in a compliant way. A formalization of its work with distributed ledgers, the Amsterdam-based accounting firm that last year generated $24bn revenue, in turn, has expanded its partnership with Microsoft to integrate with its blockchain-as-a-service toolkit. But as KPMG just so happens to be one of the four biggest accounting firms in the world, its US and global lead for Digital Ledger Services told CoinDesk that the news is about more than simply....
Crypto exchange Kraken is reportedly in talks with a strategic investor to raise capital that pushes its valuation to $20 billion ahead of a potential initial public offering (IPO). This development comes amid the crypto firms’ IPO frenzy in the US under a rather supportive administration of President Donald Trump. Related Reading: $2-B Crypto Deal […]