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Latest from Danny Nelson
SEC Subpoenas USDC Stablecoin Backer Circle
Circle said it is “fully cooperating” with the investigation but has declined to elaborate on its scope.

US Bank Launches Crypto Custody With NYDIG Backing
The service will support private funds holding BTC, BCH and LTC, with an ETH option in the works, a source told CoinDesk.

VC Fund NFX to Go Deeper Into Crypto With $450M Seed Fund
The firm, now home to Libra co-creator Morgan Beller, is looking to fund early-stage crypto companies with billion-user potential.

Grayscale Adds Solana to $494M Digital Large Cap Fund
The asset manager’s bitcoin-heavy fund allocated 3.24% to SOL Friday.

Gensler Reiterates Support for Futures-Based Bitcoin ETFs
The SEC chairman struck a similar tone in August, igniting a rush in tailor-made ETF filings.

Algorand Boosts Smart Contract Performance With ‘Virtual Machine’ Launch
The project is making the development process more in line with that of other networks.

CFTC’s Berkovitz to Become Top Lawyer at SEC
He will join former colleague Gary Gensler as the SEC’s general counsel in November.

Kraken to Pay $1.25M Fine After Settling Charges With CFTC
The CFTC alleged the exchange offered illegal margined crypto products without registering with the agency.
