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SEC faces criticism from five investment firms over custody rule proposal

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bain Capital Crypto and other prominent investment firms voice concerns over the proposed SEC custody rule change. Representatives from Bain Capital Crypto, Electric Capital, Haun Ventures, Dragonfly Digital and Ribbit Capital have joined other industry voices in opposing the Securities and […]
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Societe Generale’s crypto division launches euro stablecoin amidst criticism from Stasis CEO

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied STASIS CEO comments on the launch of Societe Generale’s competing stablecoin EUR CoinVertible, questioning its viability due to the “single point of failure” problem. Societe Generale’s Crypto Division, SG-FORGE, has announced the launch of EUR CoinVertible, a euro-denominated stablecoin, which aims […]
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Kraken CEO’s criticism of regulators gains momentum

Jesse Powell, CEO of crypto exchange Kraken scrutinized by the US regulators, expressed his regrets by urging Congress to protect the domestic crypto industry. Kraken, the popular cryptocurrency exchange, recently reached a $30 million settlement with the US Securities and Exchange Commission (SEC), which forced it to shut down its crypto staking feature following the […]
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