Does Crypto Winter offer entry points for Wall Street businesses? Here are the key factors that shape institutional adoption

Hello! Welcome back to Distributed Ledger, our weekly cryptocurrency newsletter that hits your inbox every Thursday. I’m Frances Yue, a cryptocurrency journalist at MarketWatch, and I’ll walk you through this week’s latest and best digital assets so far. Find me on Twitter at @FrancesYue_ to send feedback or tell us what you think we should … Read more

Cryptocurrency firms step up lobbying effort as regulators tighten oversight. Here’s how much Coinbase, Ripple and Binance paid in 2021

As US regulators tighten oversight of the digital asset space, cryptocurrency companies are doubling down on their lobbying efforts. Companies engaged in cryptocurrency businesses spent at least $ 4.9 million on lobbying in 2021, up 116% from 2020, according to a recent study by crypto intelligence site Crypto Head. According to the study, cryptocurrency lobbying … Read more

Scammers use automatic calls to drain accounts

Last month Dr. Anders Apgar was out for dinner with his family and his phone kept ringing. It looked like a robocall, so he tried to ignore it. But the calls didn’t stop. Then his wife’s phone started ringing too. “When he collects it, a banner has appeared, a notification that says, ‘Your account is … Read more

The cryptocurrency pair had Russian bank accounts and traveled to Ukraine to collect fake IDs, Feds say: “Excerpt from the pages of a spy novel”

The New York hipster couple accused of one of the biggest cryptocurrency thefts in the world had quietly opened bank accounts in Russia and traveled to Ukraine to obtain fake IDs, authorities said. Federal prosecutors exposed the new details of the couple’s financial and travel movements as part of the government’s appeal against a judge’s … Read more

crypto | NFT | Cryptocurrencies: Cryptocurrency exchanges are betting on NFTs amid regulatory concerns

Mumbai: Indian cryptocurrency exchanges seem to have taken over non-fungible tokens (NFTs). At least half a dozen crypto platforms are making forays into the NFT space, assuming it wouldn’t be illegal as NFTs hold an underlying asset that is traded in digital form. In fact, cryptocurrency exchanges offering NFTs grew 40-50% month-over-month, albeit on a … Read more

Cryptocurrency: Subscriptions are delayed on cryptocurrency exchanges as the government postpones the bill

Mumbai: Cryptocurrency exchanges that experienced double-digit growth until recently are seeing a slowdown in their new registrations in December after New Delhi postponed discussions on the cryptocurrency bill until the budget session. New signups, across all platforms, increased 10% month-over-month through October-November in anticipation of a legal framework that is expected to be put in … Read more

Foggy regulations challenge cryptocurrencies, says Gemini’s head of compliance

Opaque regulations remain a major challenge for the cryptocurrency industry, according to Elena Hughes, chief compliance officer of the cryptocurrency exchange Gemini Trust Co. She joined NYC-based Gemini in May 2020 after more than a decade of compliance work for traditional financial institutions such as Morgan Stanley and Goldman Sachs Group Inc. Gemini was launched … Read more