The game retailer recently partnered with Immutable X to build out its NFT initiative. Author: Michael Bellusci Source link
GameStop Says It Plans to Launch NFT Marketplace by End of July
Author: Michael Bellusci
Visa Looking to Hire College Students to Develop In-House Crypto Talent
Hirees will build expertise in areas such as DeFi, NFTs, stablecoins and central bank digital currencies, according to the payment giant’s job listing. Author: Michael Bellusci Source link
SEC Rejects NYDIG, Global X Spot Bitcoin ETF Applications
The move continues a recent string of denials of spot bitcoin ETF applications by a number of financial institutions. Author: Michael Bellusci Source link
US Department of Labor Urges ‘Extreme Care’ Before Adding Crypto to 401(k) Plans
The Labor Department said crypto presents “significant risks and challenges to participants’ retirement accounts, including significant risks of fraud, theft and loss.” It highlighted as reasons speculation and volatility, challenges to making informed investment choices, custodial and record-keeping concerns, the lack of reliability of cryptocurrency valuations and an evolving regulatory environment. Author: Michael Bellusci Source link
FTX Picks Stripe to Build Payments and Risk Mitigation Feature
Stripe’s platform will enable a new fiat-to-crypto on-ramp for the rapidly-growing exchange. Author: Michael Bellusci Source link
FTX.US Derivatives Unit Seeks CFTC Amendment to Clear Margin Trades Directly for Customers
The company says the change would allow customers to transparently assess and respond to derivatives risk in real time. Author: Michael Bellusci Source link
Crypto Miners to Benefit From Biden’s Executive Order: Jefferies
President Joe Biden’s executive order on crypto regulation appears to be broadly supportive of the digital asset industry, including crypto miners, and seeks to put the U.S. “ahead of the curve” as crypto becomes a more important part of the global economy, said Jefferies (JEF) analyst Jonathan Peterson in a note to clients. Author: Michael Bellusci Source link
State Street to Offer Crypto Custody in Pact With Copper
The move follows the custodial banking giant launching its crypto division in June 2021. Author: Michael Bellusci Source link
Crypto Exchange CoinZoom Suspending New Russia-Based Accounts: Report
Existing account holders in Russia won’t be blocked although they will still be screened against sanctions lists, CoinZoom’s CEO said. Author: Michael Bellusci Source link
Coinbase to Label Some Assets as ‘Experimental’ In Bid to Boost Transparency
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