Circle CFO says USDC is operating ‘as expected’

Circle’s Chief Financial Officer Jeremy Fox-Geen has released an update on the operations of the company’s stablecoin USD Coin (USDC). Fox-Geen’s statement is a response to the market turmoil following the collapse of crypto exchange FTX.

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New CEO of FTX Outlines Significant Near-Term Goals

John Ray, the new chief executive officer and chief restructuring officer of FTX, has revealed steps being taken by the beleaguered crypto exchange to secure assets in the near term amid conducting bankruptcy proceedings.

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Former SEC Official Doubts FTX Crash Will Prompt Congress to Act on Crypto Regulations

Lisa Braganca, former SEC enforcement branch chief, discusses why regulation for crypto is likely to come from the SEC or CFTC rather than Congress and why SBF’s lawyers are “apoplectic.”

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Crypto asset management firm Ikigai ‘caught up in the FTX collapse’

Crypto asset management firm Ikigai Asset Management is among the companies to get caught up in the FTX collapse as it had a large portion of its assets on the collapsed exchange, according to the firm’s founder and chief investment officer, Travis Kling.

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Elon Musk: Bitcoin Will Survive The Crypto Winter

The chief of Twitter and Tesla said that bitcoin ‘will make it’, but the financial winter may last quite some time following recent events in the ecosystem.

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Polkadot Crypto DOT No Longer Security: "Token Has Morphed"

Web3 Foundation chief legal officer announces that DOT should be treated as software after three years of discussions with SEC

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Get Your Crypto Taxes in Order, Warns IRS as It Announces Investigations Into ‘Hundreds’ of Evaders

The tax collection agency of the United States is doubling down on tackling cryptocurrency tax evasion. The IRS’s Criminal Investigation division said it is preparing “hundreds” of cryptocurrency tax evasion cases, according to chief Jim Lee.

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Billionaire Changpeng Zhao Says Binance Is Interested In Buying Banks

Binance, the world’s largest crypto exchange by volume, is considering adding banks to its shopping spree, according to an interview the company’s chief Changpeng ‘CZ’ Zhao recently did with Bloomberg.

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Crypto Exchange Coinbase's Chief Product Officer Steps Down Amid Restructuring

Chatterjee will continue to serve Coinbase in an advisory role through at least February 3, 2023.

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First Mover Asia: Ripple's APAC Policy Chief Sees Hopeful Shift in Hong Kong Crypto Statement; Dogecoin Soars Again

But Rahul Advani told CoinDesk the industry needs more details about the city’s plans.

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Crypto Exchange Binance to Use Twitter as Web 3 ‘Sandbox,’ Help Musk Fend Off Bots: Exec

Patrick Hillman, chief strategy officer at Binance, discusses the crypto exchange’s goals to help new boss Elon Musk fend off internet bots on Twitter and why the crypto exchange sees the potential for Web3 innovation following its $500 investment in the social media company.

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Crypto Regulation Will Be a Priority for G-20 Under India Presidency, Official Says

Crypto regulation would be a priority during India's year-long presidency of the G20 which begins next month, according to India's Chief Economic Advisor V. Anantha Nageswaran.

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Crypto Regulation Will Be a Priority for G20 Under India Presidency, Official Says

Crypto regulation would be a priority during India's year-long presidency of the G20 which begins next month, according to India's Chief Economic Advisor V. Anantha Nageswaran.

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Embattled Crypto Platform Freeway’s ‘Billion-Dollar Man’ Isn’t the Insurance Titan He Claims to Be

Joel Krueger, a Freeway adviser, called himself the “Global Chief Investment Officer” of Aon — but the British insurance giant told CoinDesk that is not true.

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Austrian Police Chief Says Investigations By Indian Agencies Reduced Crypto Scams

Investigations by Indian law enforcement agencies helped reduce cryptocurrency scams in Austria and other European countries. Austria’s Federal Police and Director of Criminal Intelligence Service, General Mag Andreas Holzer, told this and complimented the representatives of India’s Central Bureau of Investigation (CBI) on the sidelines of the Interpol general assembly held during October 18-21 in […]

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Gavin Wood Resigns From Parity CEO Role as Crypto Exec Departures Continue

Polkadot and Ethereum co-founder Gavin Wood resigns from his role as CEO of Parity Technologies to pursue Chief Architect role. The post Gavin Wood Resigns From Parity CEO Role as Crypto Exec Departures Continue appeared first on BeInCrypto.

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Turkish Authorities Seize Crypto Worth $40M in Illegal Gambling Sting

A crackdown on illegal gambling in Turkey has led to the seizure of $40 million in crypto, according to the Ankara Chief Public Prosecutor's Office.

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IOSCO Taps Belgian Regulator Servais as Chair, US CFTC Chief as No. 2

The global standard setter for the securities sector has been amping up its work efforts around the crypto space lately.

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Crypto is ‘an important part of how customers transact’, Walmart CTO says

Walmart Chief Technology Officer Suresh Kumar expects “a lot of the disruption” around crypto “in terms of different payment methods, and different payment options. ” Crypto adoption across the payments industry continues to gather speed, with major financial institutions adding various cryptocurrencies to payment methods for merchants and other online platforms.

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Walmart CTO Says Crypto and Blockchain Will Take Center Stage in Digital Strategy

The chief technology officer of Walmart has said that digital assets will play a central role in the company’s forthcoming digital strategy. The post Walmart CTO Says Crypto and Blockchain Will Take Center Stage in Digital Strategy appeared first on BeInCrypto.

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FCA's Crypto AML Compliance Chief Steps Down

Mark Steward, who led the enforcement of anti-money laundering measures for crypto in the U.K., is stepping down after seven years with the Financial Conduct Authority.

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Long-term investors to boost crypto holdings despite bear market, says deVerge Group CEO

The Chief Executive Officer of deVerge Group believes that long-term investors are crucial to the performance of the crypto market in the long run. The CEO of deVerge Group, Nigel Green, discussed the importance of long-term investors in the cryptocurrency market in a recent interview.

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Crypto Exchange Kraken Appoints Peer Gemini's Former UK Head as Its New UK Managing Director

Crypto exchange Kraken has appointed Gemini's former UK chief Blair Halliday as its new UK managing director.

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Kraken Appoints Former Gemini UK Head as Its New UK Managing Director

Crypto exchange Kraken has appointed Gemini's former UK chief Blair Halliday as its new UK managing director.

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Binance Exec: BNB Smart Chain Hack Could Have Been Worse if Validators Hadn’t ‘Sprung Into Action’

Patrick Hillmann, chief communications officer at crypto exchange Binance, joined “First Mover” to discuss last week’s $100 million exploit and how validators prevented the worst case scenario.

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OpenSea CFO Joins Crypto Executives Exodus, Leaves Position

OpenSea Chief Financial Officer Brian Roberts has resigned ten months after assuming the position and will remain an advisor for the company. The post OpenSea CFO Joins Crypto Executives Exodus, Leaves Position appeared first on BeInCrypto.

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BNB network on standstill amid $100M exploit - Everything unheard

Binance CEO, Changpeng Zhao (CZ), confirmed that the BNB chain was suspending transactions at 11:51 pm UTC on 6 October. According to the crypto exchange chief, the decision was necessary following a The post BNB network on standstill amid $100M exploit - Everything unheard appeared first on AMBCrypto.

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Crypto Lender Celsius Co-Founder, Chief Strategy Officer Leon Resigns: Report

Crypto lender Celsius's co-founder and CSO S. Daniel Leon resigned Tuesday, becoming the second company executive to depart in recent weeks.

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Kim Kardashian's EthereumMax Promotion Was a 'Gift' to the SEC

Lisa Braganca, former SEC enforcement branch chief, joined “First Mover” to discuss the implications for celebrities after reality TV star Kim Kardashian was fined over $1 million for promoting a crypto token.

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Checkout Crypto Strategy Chief Talks About Crypto Payments Space

Jess Houlgrave, head of crypto strategy at fintech Checkout.com, shares her perspective on the payment processing space in the bear market. The post Checkout Crypto Strategy Chief Talks About Crypto Payments Space appeared first on BeInCrypto.

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Interview: How is blockchain gaming surviving the bear market? Zilliqa Chief of Staff

One area I have perhaps somewhat neglected in my ongoing analysis of the crypto industry is that of blockchain gaming. I’ve long thought the area is ripe for blockchain integration, so I’m not really sure why I have been slower to dive in.

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Ripple Bags Crucial Win In SEC Case; XRP Soars 15% After The Decision

Ripple chief executive officer, Brad Garlinghouse, stated in July that the crypto company will relocate if it loses its legal dispute with the U. S. Securities and Exchange Commission. Well, it looks like Garlinghouse will just have to stay put and not go anywhere.

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Crypto Investment-Product Firm 21.co Hires Former Goldman Alum as Chief Technology Officer

David Josse led Goldman Sachs’ business intelligence and engineering efforts for the bank’s Marcus product.

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Genesis Sales, Trading Chief Ballensweig Joins Exodus From Crypto Lender

The crypto firm has hemorrhaged top-level talent in the wake of massive losses this year.

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Chief Executive Of Distressed Crypto Lender Celsius Alex Mashinsky Resigns

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‘Crypto Lender of Last Resort’ FTX Still Has Enough Cash to Deploy in Industry Bailouts

Sam Bankman-Fried, the chief executive of crypto exchange FTX, has stated that the Bahamas-based company still has enough capital to continue its backstopping activities in the crypto market to benefit the entire ecosystem.

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Jesse Powell Will Step Down As Kraken CEO But Remain As Board Chair

Jesse Powell is stepping down as the chief executive officer of Kraken, the crypto exchange he helped co-found in 2011. Powell will transition to a new role as chairman of the company’s board of directors.

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CFO of Insolvent Crypto Lender Voyager Resigns

Ashwin Prithipaul joined Voyager as its chief financial officer in May of this year.

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Crypto Is Capitol Hill’s Last ‘Bipartisan Issue,’ Coinbase Exec Says

Faryar Shirzad, chief policy officer at Coinbase, joined CoinDesk TV’s “First Mover” to discuss the state of crypto in the U.S. and a need for clear regulation.

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Tornado Cash saga left a void, says Chainalysis chief scientist: Finance Redefined

A new report suggests the Ethereum staking ecosystem could become a formidable industry impacting a wider crypto economy.

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Wall Street Bank CEOs Tell Congress They’re Unlikely to Finance Crypto Miners

The chief executives of Citigroup, Bank of America and Wells Fargo were questioned Wednesday at a congressional hearing.

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Kraken’s Jesse Powell will step down as CEO, stay on as board chair

Jesse Powell will be succeeded as CEO by chief operating officer Dave Ripley, who has been with the crypto exchange since 2016.

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Where Is Do Kwon? Terra Chief Reportedly Flees Singapore

According to Reuters, Terra’s founder, Do Kwon, is reportedly not in Singapore, citing the Singapore Police Force. According to local media reports, Singapore Police stated that “the wanted crypto developer Do Kwon was not currently in the city-state.

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South Korea: Financial Watchdog Chief Says Crypto Can Be Subject to Capital Markets Law

The governor of the South Korea Financial Supervisory Service (FSS), Lee Bok-Hyun, has indicated that virtual assets could form part of the country's securities and capital markets law. The post South Korea: Financial Watchdog Chief Says Crypto Can Be Subject to Capital Markets Law appeared first on BeInCrypto.

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IMF Chief Says Her Thoughts Align with India on the Need for Global Crypto Regulation

International Monetary Fund’s (IMF) Managing Director Kristalina Georgieva said that she shares India’s sensibilities on crypto regulations. She said that the IMF will “dedicate a team to work on it to balance the pros and cons of cryptos.

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Elon Musk Joins Dogecoin Designer in Addressing Twitter CEO About Crypto Bots

Elon Musk and Dogecoin designer call on Twitter chief for action against Musk-impersonating bots

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SEC won’t give ‘crypto a pass,’ agency’s enforcement chief says

SEC enforcement unit director Gurbir Grewal non-enforcement would be “betrayal of trust.” The US… The post SEC won’t give ‘crypto a pass,’ agency’s enforcement chief says appeared first on CoinJournal.

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SEC Chairman Gensler Wants Disclosures From Crypto Issuers, Lawyer Says

0x Labs Chief Legal Officer, Ashley Ebersole, joined CoinDesk TV’s “All About Bitcoin” to discuss what the SEC could do in order to make platforms more “comfortable,” as the agency calls on crypto exchanges to register.

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SEC Enforcement Chief: We Can't Ignore Crypto Law-Breaking

Gurbir Grewal, director of enforcement at the Securities and Exchange Commission, said his agency can’t look the other way as the cryptocurrency industry violates securities laws.

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Polygon CSO blames Web2 security gaps for recent spate of hacks

Polygon’s chief of security says his department now employs 10 experts to ensure top-notch cybersecurity practices are adopted, recommending other crypto firms do the same.

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