Tag: CEO

Stablecoins Behave Like FX Markets as Liquidity Splits: Eco CEO

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Stablecoins behave like a fragmented foreign exchange market, where liquidity is spread across blockchains and pools, creating price differences and uneven access to dollar liquidity. Moving stablecoins looks simple on the surface. But under the hood, it’s often a multi-step transaction routed across chains and pools. “It’s a very special case of a foreign exchange market onchain, and that leads to bad user experience, with unexpected slippage, transaction reversion and unfamiliar information when moving your dollar from point A to point B,” Ryne Saxe, CEO at stablecoin infrastructure company Eco,…

Telegram CEO Warns EU Age Verification App Risks Surveillance

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Telegram CEO Pavel Durov warned Friday that the European Union’s new age-verification app could become a stepping stone toward broader online identity tracking, days after the European Commission said the system was technically ready for rollout. In a Telegram post on Friday, Durov cited analysis from security consultant Paul Moore, who said the app is hackable in “under two minutes” after examining its technical design. “This product will be the catalyst for an enormous breach at some point,” Moore said in an X post on Thursday, adding that the system…

BITCOIN WILL GO TO ZERO

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Steve Keen argues that Bitcoin’s core design depends on massive energy use to secure its network. While that makes it difficult to attack, he says it also creates a long term challenge as global pressure grows to reduce energy consumption. From his perspective, this tension could impact Bitcoin’s future viability. #podcast #money #bitcoin ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Zonda CEO Discloses Bitcoin Wallet Amid Withdrawal Concerns

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Crypto exchange Zonda said a cold wallet holding around 4,500 Bitcoin is currently inaccessible as the platform faces concerns over delayed withdrawals. Zonda CEO Przemysław Kral posted a video statement on Thursday disclosing the exchange’s wallet address, saying the private keys to the wallet were never handed over. In the statement, Kral denied accusations of misappropriating funds, saying the private keys were intended to be handed over by Zonda founder and former CEO Sylwester Suszek, who has been missing since 2022. “So for all those who claim that I had…

China Yuan Stablecoin Could Arrive in 3 to 5 Years, Circle CEO Says – Crypto News Bitcoin News

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Key Takeaways: Circle CEO Jeremy Allaire predicted China could launch a yuan-backed stablecoin within 3 to 5 years. USDC grew 72% year-on-year to $75.3 billion by end-2025, boosted by U.S.-Iran war demand for portable dollars. Hong Kong has already issued stablecoin licenses to HSBC and others, positioning it as a likely launchpad for CNY tokens. Allaire: ‘There’s a Tremendous Opportunity for a Yuan Stablecoin’ Speaking with Reuters in Hong Kong, Allaire said stablecoins have become a mechanism for countries to extend their currencies into global trade and payments. He placed…

eToro Acquires Zengo in Self-Custody Push, CEO Predicts $250K Bitcoin

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EToro said Wednesday it agreed to acquire self-custodial crypto wallet provider Zengo, deepening the trading platform’s push into onchain products as digital assets remain central to its business. The deal will let eToro add Zengo’s wallet technology and broaden its offering in areas such as tokenized assets, prediction markets, perpetuals and yield products, according to the company. Terms were not disclosed. Bloomberg reported the transaction is worth about $70 million, mostly in cash, citing a person familiar with the matter. CEO Yoni Assia said at Paris Blockchain Week during a…

Ripple CEO Says CLARITY Act Window Is Open and Now Is the Moment to Act – Regulation Bitcoin News

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Key Takeaways: Garlinghouse said the industry is closer than ever to securing U.S. crypto clarity. Garlinghouse suggested Washington may be nearing a compromise as frustration builds. SEC and CFTC alignment adds pressure on Congress to turn two-agency signals into law. Regulatory Certainty Remains Central to US Digital Asset Market Regulatory certainty remains one of the most important variables for the U.S. digital asset market as companies press Washington to turn shifting agency signals into durable law. Ripple Chief Executive Brad Garlinghouse renewed that message on April 14 while marking 11…

Singapore is no ‘crypto hub’ — but it is serious about stablecoins: StraitX CEO

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This week’s Asia Express features a Q&A on how Singapore’s crypto landscape has shifted since the licensing deadline. Before the summer of 2025, Singapore was a key base for cryptocurrency companies engaging in regulatory arbitrage. While the city-state barred unlicensed companies from serving local users, many businesses sidestepped the rules by simply blocking Singaporean customers and serving overseas ones. That changed after regulators forced companies to either obtain a license or find a new home. StraitX CEO Tianwei Liu’s company is the major player in stablecoin payments on the island…

Crypto Regulation Heats Up As Coinbase CEO Supports CLARITY Act

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The Office of the Comptroller of the Currency handed Coinbase a national bank trust charter last week — a major regulatory win that came as the crypto exchange’s CEO was ramping up pressure on Congress to finalize long-stalled digital asset legislation. Related Reading Armstrong Reverses Course On Clarity Act Brian Armstrong, who pulled Coinbase’s backing from the Digital Asset Market Clarity Act back in January, is now calling on lawmakers to pass it. In a post on X, Armstrong said the bill, as it stands after months of negotiation, is…

Coinbase CEO Backs US Treasury Secretary‘s Push to pass CLARITY Act

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Brian Armstrong, the Coinbase CEO who withdrew the crypto exchange’s support for the Digital Asset Market Clarity Act in January, said “it’s time” for the legislation to pass after months of delays. In a Thursday X post, Armstrong said that Coinbase agreed with comments from US Treasury Secretary Scott Bessent in a recent Wall Street Journal op-ed, in which he urged Congress to act on the crypto bill soon. According to the CEO, the current version of the legislation, after months of negotiations between lawmakers and representatives from the crypto…