Tag: CEO

Coinbase CEO Urges Congress to Pass Clear Crypto Legislation — Warns America Risks Losing Financial Hub Status – Regulation Bitcoin News

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Coinbase CEO Brian Armstrong has called on Congress to pass clear crypto legislation, warning that the U.S. risks losing its status as a financial hub. “Crypto is open to everyone in the world and others are leading,” the executive stressed. Coinbase’s CEO on Cryptocurrency Regulation The CEO of the Nasdaq-listed cryptocurrency exchange Coinbase (Nasdaq: COIN), Brian Armstrong, has called on Congress to pass clear crypto legislation. He tweeted Wednesday: America risks losing its status as a financial hub long term, with no clear regs on crypto, and a hostile environment…

Terraform Labs and CEO Do Kwon Charged by SEC With Multibillion-Dollar Crypto Fraud – Regulation Bitcoin News

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The U.S. Securities and Exchange Commission (SEC) has charged Terraform Labs and its CEO, Do Hyeong Kwon, with fraud, alleging that Kwon and his company orchestrated “a multibillion-dollar crypto-asset securities fraud.” The securities watchdog insists that Kwon raised billions from investors by creating an “interconnected suite of crypto-asset securities,” many of which were involved in unregistered transactions. SEC Charges Terra’s Do Kwon and Terraform Labs With Defrauding Investors Nine months after the entire Terra blockchain ecosystem collapsed, the U.S. Securities and Exchange Commission (SEC) charged the Singaporean company Terraform Labs…

CFTC Charges California Firm and CEO With Fraud, Misappropriation of Digital Assets

According to the complaint, from September 2017 through January 2018, Vista falsely advertised that it would trade customers’ digital assets and earn a 2.5% daily return or “double in just 80 days.” The company said it would trade customers’ bitcoin and ether using “Robot Traders” that the CFTC said it never had access to, and instead engaged in a Ponzi scheme with new and old customer funds. Original Source AssetsCaliforniaCEOCFTCChargesDigitalFirmFraudMisappropriation CryptoX Portal

Interview with Former Chief Financial Officer of Binance, Now CEO of Coins.ph, Wei Zhou – Blockchain News, Opinion, TV and Jobs

Last year former Binance Chief Financial Officer Wei Zhou bought Coins.ph, a mobile wallet and digital currency exchange, from Indonesian technology company Gojek. Coins.ph, also called the Coinbase of Southeast Asia, was founded in 2014 and was one of the earliest crypto wallets and exchanges in the Philippines. It later shifted its focus to providing broader financial services. Zhou had previously left Binance for personal reasons. He had worked there for three years. BCN: How do you feel about governments trying to regulate crypto platforms, which seems to be the…

Signature Bank CEO Joe DePaolo Plans to Step Down Following Transition Period

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Galaxy Digital CEO ‘wouldn’t be surprised’ if Bitcoin hit $30K this quarter

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Galaxy Digital Holdings CEO, Mike Novogratz, believes there’s a chance Bitcoin (BTC) could return to $30,000 or above before the end of March. According to a Feb. 15 Bloomberg report Novogratz spoke at a Bank of America conference the same day and said he would’ve been the “happiest guy” if 2022 ended with BTC at $30,000, but added: “When I look at the price action, when I look at the excitement of the customers calling, the FOMO building up, it wouldn’t surprise me if we were at $30,000 by the…

Former Warner Music CEO Joins Web3 Company OneOf’s Board

“OneOf and many other companies are doing a lot more with [Web3] technology than just PFPs [profile pictures] this year. The work that we are doing with major corporations in banking, travel and entertainment are traditionally noncrypto companies,” Dai told CryptoX. “Having Steve in helping us and guiding us as well as teaching us how to navigate and have those conversations.” Source BoardCEOCompanyJoinsMusicOneOfsWarnerWeb3 CryptoX Portal

DOGE, SHIB Surge as Elon Musk Tweets Dog CEO Pictures – Market Updates Bitcoin News

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Dogecoin rallied on Feb. 15, as Elon Musk tweeted a picture of a Shiba Inu dog, with the caption: “The new CEO of Twitter is amazing.” Following this tweet, both dogecoin and shiba inu surged, extending recent gains. Overall, the global cryptocurrency market cap is 2.42% higher as of writing. Dogecoin (DOGE) Dogecoin (DOGE) rose by as much as 6% on Wednesday, as markets reacted to tweets from Tesla CEO Elon Musk. DOGE/USD surged to an intraday high of $0.08707 earlier in today’s session, which comes a day after trading…

Coinbase Will ‘Happily’ Defend Crypto Exchange’s Staking Services in Court, Says CEO Brian Armstrong

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Coinbase CEO Brian Armstrong says that the staking services offered by the US crypto exchange are not securities. Hot on the heels of the U.S. Securities and Exchange Commission (SEC) shutting down the staking service of rival crypto exchange Kraken, Armstrong says that Coinbase will mount a legal defense of its staking service if the need arises. “Coinbase’s staking services are not securities. We will happily defend this in court if needed.” Last week, following the SEC’s actions against Kraken, Coinbase’s chief legal officer Paul Grewal argued that existing US…