As crypto markets tumbled, strict US regulatory rules on risky assets mostly insulated Wall Street from the chaos, while retail investors had no such safeguards
As cryptocurrency prices plunged and funds failed, strict rules on risky assets helped Wall Street companies sidestep the worst. Tweets: @drewharwell , @ianguider , @tphillips , @glastris , @drfarls ,...
Experts say Russia could use cryptocurrency tools to lessen the impact of US sanctions, including a forthcoming digital ruble and spoils from ransomware attacks
or Russia Allison Morrow / CNN : Financial sanctions are easier than ever for Russians to evade. Thank Bitcoin Jessica Sier / Australian Financial Review : Russia could use crypto to evade sanctions B...
After downplaying cryptocurrencies early on, banks are experimenting with them more and lobbying regulators for rules to deny crypto lenders “unfair” advantages
Emily Flitter / New York Times :
Profile of BlockFi, which says it has $10B+ in assets, 450K+ clients, licenses in 28 states, and uses digital assets as collateral to provide loans in minutes
The boom in companies offering cryptocurrency loans and high-yield deposit accounts is disrupting the banking industry and leaving regulators scrambling to catch up. Tweets: @rebeccaspang , @flitteron...