CryptoX – Cryptocurrency Analysis and News Portal The announcement coincides with Robinhood Crypto also hiring Benjamin Melnicki as its new chief compliance officer. Melnicki, who was most recently chief compliance officer at digital asset manager Grayscale Investments, joins Robinhood at a time when its crypto arm is dealing with a degree of regulatory scrutiny. (Grayscale and CoinDesk share a parent company, Digital Currency Group.) Original Source The post Robinhood Crypto Appoints New CTO, Hires Chief Compliance Officer From Grayscale โ CoinDesk appeared first on CryptoX. CryptoX Portal
Day: September 24, 2021
Robinhood Crypto Appoints New CTO; Hires Chief Compliance Officer From Grayscale โ CoinDesk
The announcement coincides with Robinhood Crypto also hiring a new chief compliance officer in Benjamin Melnicki. Melnicki, who was most recently chief compliance officer at digital asset manager Grayscale Investments, joins Robinhood at a time when its crypto arm is dealing with a degree of regulatory scrutiny. (Grayscale and CoinDesk share a parent company, Digital Currency Group.) Source
Twitterโs New Crypto Features Are a BFD โ CoinDesk
Itโs true that Twitter, with about 360 million monthly active users, is far from the largest social network in the world โ itโs smaller than even Pinterest, with about 450 million MAU, and canโt hold a candle to Facebook, which is approaching 3 billion MAU. But more important than raw size is that Twitter (though this is subjective) is the social network of choice for influential figures across a variety of fields, and the place where a lot of those leaders talk most impactfully amongst themselves. Further, theyโre surrounded by…
Central Bank of Chile Sets Up Team to Study CBDC Issuance โ CoinDesk
The team, led by central bank board member Alberto Naudon, also plans to generate a medium-term strategy for digital payments in Chile. It will analyze private digital means of payment and crypto assets, retail payments and payment infrastructures, among other topics. Source
Morgan Stanley exec says Bitcoin is the โKenny from South Parkโ of money
Morgan Stanley’s Dennis Lynch shared a light-hearted analogy during a discussion at Morningstarโs yearly investment conference today, claiming that Bitcoinโs insatiable ability to defy the odds and rise from both technical and fundamental adversity portrays that of the South Park cartoon character Kenny. The 24-series show has garnered a global audience base for its weird and wacky sense of humour, epitomised by the long-standing gag that Kenny dies in each episode, only to be rebirthed and gleefully unaware of his brutal demise in the following show. Head of asset management…
SEC Hints at Tether Probe in Records Request Denial โ CoinDesk
โTetherโs competitive advantage, and the area of highest competition between stablecoin platforms, lies not in the operational features of the tether token itself but rather in the liquidity of the tokens in the marketplace, Tetherโs presence on multiple blockchains, and the stability, reliability, and profitability of Tether as an entity,โ Tetherโs petition said. Source
FTX Moves Headquarters From Hong Kong to Bahamas โ CoinDesk
โFTX is committed to maintaining a close working relationship with local regulators to help promote the growth of crypto and is furthering its commitment to providing all our clients with a safe, trustworthy and compliant exchange,โ an FTX spokesperson said when asked why the company had made the move. โAs jurisdictions, like the Bahamas, roll out comprehensive crypto regulatory regimes, we are excited to take part by establishing a local presence.โ Source
Is Bitcoin underperforming compared to altcoins?
The first half of 2021 in the crypto markets brought many comparisons to 2017. Bitcoin (BTC) was on a tear to its all-time high, the new frontier of decentralized finance emerged, and nonfungible tokens were gaining myriad celebrity endorsements.ย But after the initial months of euphoria and a subsequent sell-off, BTCโs performance has been far more lackluster. The recent market sell-off resulting from the Evergrande crisis has compounded fears. However, it canโt be ignored that many altcoins, particularly platform tokens, have undergone impressive runs and, in some cases, even bucked…
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10 Crypto Exchanges File for Registration With Korean Regulators Ahead of Deadline โ Exchanges Bitcoin News
Cryptocurrency exchanges in South Korea have until midnight on Friday to register with financial authorities in order to continue operating legally. Only 10 digital asset trading platforms have already submitted their documents to the Korean anti-money laundering body. Compliance Deadline for New Korean Crypto Regulations Expires Friday Registering with Koreaโs Financial Intelligence Unit (FIU) is a key requirement for both local and foreign crypto exchanges providing services to Korean investors under the tougher new regulations coming into force after Sept. 24. A total of 10 out of dozens of coin…