The House of Representatives has passed a bill that aims to get the SEC and CFTC working together on digital asset rules. The Eliminate Barriers to Innovation Act of 2021 passed the House on April 20. Ranking Member Patrick McHenry (R-NC) first introduced the bill to the Financial Services Committee...
Coinbase is taking a new approach to innovation, according to an announcement from its chief product officer Surojit Chatterjee. In a Medium post published today, Chatterjee said the exchange would dedicate 10% of its resources to supporting "disruptive innovation bets." The plan is titled "Project ...
RIT Capital Partners, a British investment trust managed by J. Rothschild Capital Management Limited, has acquired a stake in the cryptocurrency exchange Kraken. Investors in the trust were told about the stake during a webinar hosted by Numis Securities in late March, according to a note published ...
German telecommunications company Deutsche Telekom has invested in the public blockchain network Celo, the firm announced Tuesday.  Deutsche Telekom purchased an undisclosed amount of CELO tokens and plans to stake them. Through doing so, the company's subsidiary T-Systems MMS will operate as a vali...
Tech giant IBM and global patent marketplace IPwe plan to turn patents into non-fungible tokens (NFTs). Announcing the news on Tuesday, the two companies said NFTs would make patents more easily saleable, tradeable and monetizable, and bring liquidity to this asset class. "Think of an NFT as a certi...
Three ether (ETH) exchange-traded funds (ETFs) began trading on the Toronto Stock Exchange on Tuesday. The ETFs are by Canada-based asset managers: Purpose Investments, CI Global Asset Management, and Evolve Funds Group. The three firms received the green light from the Ontario Securities Commission...
Quick Take Visa recently became the first major payments network to use a stablecoin to settle a transaction. Now it has its sights set on facilitating central bank digital currency payments. The Block sat down with Cuy Sheffield, Visa’s head of crypto, to discuss the firm’...
An array of crypto industry investors led by a16z has backed the $28 million funding round for Aleo, a platform designed to support decentralized, private applications. The project is aimed at making it easier for developers to create applications that employ blockchain tech and zero-knowledge crypt...
Decentralized derivatives exchange Injective Protocol has raised $10 million in a new funding round. Several investors, including billionaire entrepreneur Mark Cuban, Pantera Capital, BlockTower, Hashed Ventures, CMS Holdings, and QCP Capital, participated in the round. "This was a private placement...
J. Christopher Giancarlo, the former Commodity Futures Trading Commission chairman who left office in 2019, is joining the board of directors of BlockFi. BlockFi is a crypto neobank that allows users to earn interest on deposited crypto funds, which BlockFi lends out to institutions to use for arbit...

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