Partnerships
Citadel Securities business development head to lead the new crypto venture firm
Citadel Securities' business development head Jamil Nazarali left his position to lead a crypto venture firm.
Zeynep Geylan 3 min read
North America News
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Stablecoins
Circle inks custody deal with New York Community Bancorp
This partnership will see New York Community Bank become a custodian of Circle’s USDC stablecoin.
Lending
BlockFi wins money services license in Iowa
The money services license will enable BlockFi to offer Iowa residents stablecoin trading services and instant fund transfers.
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People
Rumors circulate that Celsius CEO Alex Mashinsky attempted to flee the U.S.
Twitter is awash with reports Mashinsky was stopped from leaving the U.S. However, at this stage, there are no confirmed reports of this happening.
Exchanges
Goldman Sachs says Coinbase may need to sack more workers; downgrades its stock rating to sell
Goldman Sachs predicts that Coinbase revenue could decline by 61% because of the current market conditions that have affected retail traders.
Adoption
SEC Chairman Gary Gensler calls Bitcoin a commodity
The Chairman of the SEC said that Bitcoin is the only cryptocurrency he was ready to call a commodity.
Partnerships
NHL enters the NFT space partnering with Marketplace Sweet
The NHL partnership with Sweet will offer a variety of digital collectible experiences to its fans, tradable in the marketplace
Rumors
Goldman Sachs looks to buy Celsius’ assets for $2B as it is advised to file for bankruptcy
Goldman Sachs is seeking investors to raise $2B to buy Celsius assets if it files for bankruptcy following recent liquidity issues
Regulation
Cardano founder steals the show at Congressional hearing on crypto regulation
In front of a Congressional hearing, Hoskinson spoke cogently, and appeared relaxed, in making a case for more equitable regulatory treatment for the cryptocurrency industry.
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Regulation
Proposed Gillibrand-Lummis crypto Bill uploaded to GitHub for recommendations
Adoption
Ripple opens crypto hub in Toronto with intentions to employ 50 developers
Regulation
Max Keiser suggests corruption could be at play over SEC’s denial of spot Bitcoin ETF
Exchanges