09 | December | 2020

Paxos has filed to become a federally regulated bank with the U.S. Office of the Comptroller of the Currency, joining BitPay and Anchorage.

Jose Angel Aman, charged with operating the fraudulent investment scheme, was sentenced to serve six years in federal prison and pay over $23 million in victim restitution by a federal court in Florida.

Bitcoin fell below $18,000 Wednesday while DeFi closing in on $15 billion locked may have more to do with price than actual cryptocurrency parked there.

Former Quontic Bank executive Patrick Sells will be responsible for developing NYDIG’s white-labeled crypto services for banks.

The French finance ministry is imposing sweeping KYC rules on all VASPs in the country.

The STABLE Act regulating the burgeoning stablecoin industry is misplaced and overly broad, says our columnist.

The Messari CEO goes over the highlights of his just-released annual “Crypto Theses” report.

U.S. lawmakers asked the SEC and FINRA to clarify how crypto firms can become registered broker-dealers and provide custody services for crypto assets.

Bitcoin’s success should force governments to grapple with falling public trust in fiat currencies.

A Bank of America report on a possible mass-adopted digital euro noted that such movement could spell difficulty for commercial banks that could see some of their deposits migrate to the European Central Bank.

Former Quontic Bank executive Patrick Sells will be responsible for developing NYDIG’s white-labeled crypto services for banks.

Source: https://www.bitcoin.name/2020/12/09/

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