Coinbase’s Entry Into Cryptocurrency Custody Could Be A Game Changer

Philosophical arguments about the nature of money apart, one of the biggest stumbling blocks to adoption of bitcoin as an investment vehicle is the absence of a cryptocurrency custody solution. Institutional investors have largely stayed away from the cryptocurrency as an increasing number of hacks and scandals at crypto exchanges, which are responsible for a bulk of bitcoin trading, have roiled its ecosystem. At a … Continue reading Coinbase’s Entry Into Cryptocurrency Custody Could Be A Game Changer

Bitcoin Has Elements Of Different Asset Classes: CFTC Chairman

In his conversation with CNBC, Chairman Giancarlo alluded to the possibility of a novel set of regulations for cryptocurrencies. “There’s a growing appetite among several Congress men and Senators that I have spoken to..to approach this with new eyes and some new thinking,” he said. Continue reading Bitcoin Has Elements Of Different Asset Classes: CFTC Chairman

Former CFTC Chair Gensler Ratchets Up Controversy In Cryptocurrency Ecosystem

Former CFTC Chairman Gary Gensler dialed up the conversation on cryptocurrencies this week at the MIT Business of Blockchain conference by wading into contentious topics related to cryptocurrency regulation. His talk spanned a broad range of topics but the most controversial aspect of his speech related to the status of Ethereum’s ether and Ripple’s XRP as securities. Continue reading Former CFTC Chair Gensler Ratchets Up Controversy In Cryptocurrency Ecosystem