Tether launches the US-regulated USAT stablecoin and names Bo Hines, the former Executive Director of the White House Crypto Council, as CEO of its new US unit
from a misunderstood/opaque offshore stablecoin to a $169B market leader, now pioneering financial innovation in the U.S. Excited for the Tether America launch event. [image] @cowboycrypto313 : Cantor...
A UK Treasury Committee crypto report recommends that the government regulate trading and investment in unbacked crypto as gambling and not a financial service
Summary So-called “cryptoassets” span a wide and rapidly evolving range … Ledger Insights : UK Parliament's Treasury Committee wants crypto regulated as gambling Mastodon: Dare Obasanjo / @carnage4lif...
Coinbase launches International Exchange, planning to let international users trade perpetual futures out of Bermuda, as the company tussles with US regulators
Frank Chaparro / The Block :
DeFi proponents criticize Sam Bankman-Fried for a regulatory proposal suggesting websites facilitating trading on decentralized exchanges should be regulated
I probably am wrong about some! But in the end the most important thing is to keep commerce and expression free. Scott / @scott_lew_is : now is the time to get loud and fight Dave Friedman / @friedman...
Libra Association changes its name to the Diem Association, distancing itself from Facebook, plans to launch the “Diem dollar” when the new entity is licensed
the goal from day 1!—and I can't wait to show you what we're building @Novi. https://twitter.com/... Kari Paul / @kari_paul : Remember Facebook's bitcoin project? It is now called Diem, not Libra, in ...
Sources: Facebook led Libra currency could launch as early as January, but in a limited format with a single coin, backed one-for-one by the US dollar
what this means Andrew Morse / CNET : Facebook's controversial Libra cryptocurrency could launch in January Kollen Post / Cointelegraph : Law Decoded: Cents and stability, Nov. 20-27 Vidhi Choudhary /...
Libra scales back ambitions of launching a global currency and will now focus on creating a traditional payment network with coins tied to local currencies
The big news of the week is Libra's announcement. Blockfolio / The Market Refresh : Under Pressure, Libra Ditches The Basket Wanguba Muriuki / coinspeaker.com : Libra Association Abandons Global Curre...
SEC commissioner proposes a three-year grace period from a startup's first token sale to achieving a level of decentralization sufficient to pass SEC evaluation
it wld need coordination w/ states tho, bc SEC has no jurisdiction over property that's not securities—that's states' jurisdiction. During grace period tokens wld be property (not securities necessari...
Coinbase says it has re-enabled cryptocurrency trading after suspending it for several hours due to “high traffic”
Resolved - This incident has been resolved. Frank Chaparro / Business Insider : Trading halted on Coinbase — the largest US crypto exchange — as bitcoin tanks Tweets: @techcrunch : Update: Coinbase up...