Crypto
Regulation
Binance snags former Gemini compliance officer amidst scrutiny over BUSD
Binance has hired a compliance executive who formerly worked for its competitor Gemini, according to a Feb. 14 WSJ report.
Regulation
Senate Banking Committee holds Valentine’s Day hearing on 2022 crypto crash
Several individuals spoke on the matter and urged for greater regulation.
Crypto
CryptoSlate Wrapped: CZ tackles Paxos, BUSD issues; Circle denies getting Wells notice from SEC
Binance CEO Changpeng Zhao addressed issues around Paxos and Binance USD, and Circle denied that it has received notice of an SEC investigation. These and other stories in today's edition of CryptoSlate Wrapped.
Stablecoins
Circle denies that SEC sent any Wells notice
Circle denied that it has received a Wells notice.
Hacks
Blender coin mixer may have rebranded, likely remains in use by Lazarus Group
The laundering tool favored by North Korean groups may now exist as "Sinbad."
Stablecoins
Terra’s classic stablecoin surges on BUSD failure, but is still only worth $0.03
The algorithmic USD stablecoin saw gains of 19% today.
Regulation
Circle reportedly informed NYDFS about Binance’s BUSD
Circle allegedly reported the stablecoin prior to today's NYDFS crackdown.
Stablecoins
PayPal puts its stablecoin project on hold
Changes in the regulatory landscape seem to have stalled the project.
Exchanges
Binance, Coinbase, Kraken, and eToro confirm they have no Super Bowl ads
Two of those companies — Coinbase and eToro — advertised last year.
Staking
Kraken co-founder Jesse Powell comments on staking and SEC settlement
Powell explained why Kraken didn't fight the SEC and expressed hope for the future.
Rumors
Paxos refutes bank charter rejection rumors
Stablecoin issuer Paxos said that it has not been denied a national bank charter from the Office of the Comptroller of the Currency (OCC).
Regulation
SEC chair Gensler spins staking rules positively: “Not your keys, not your crypto”
The regulatory leader said that staking rules will protect investor funds.