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Latest from Michael Bellusci
American Express Hints at Metaverse Entry Through Trademark Filings
Traditional finance firms are boosting their metaverse offerings following JPMorgan’s recent foray into Decentraland.
Visa Looking to Hire College Students to Develop In-House Crypto Talent
Program participants will build expertise in areas such as DeFi, NFTs, stablecoins and CBDCs, according to the payment giant’s job listing.
Coinbase Has ‘Hidden Value’ in Ventures Business, Oppenheimer Says
Crypto exchange Coinbase’s stock is undervalued, the investment bank said in a note to clients.
Hedge Fund Fir Tree Makes Big Short Bet Against Tether: Bloomberg
The asymmetric bet limits the downside, but promises big profits if correct, the firm's clients say.
SEC Rejects NYDIG, Global X Spot Bitcoin ETF Applications
The move continues a recent string of denials by the SEC of applications for spot bitcoin ETFs.
US Department of Labor Urges ‘Extreme Care’ Before Adding Crypto to 401(k) Plans
The department warned that cryptocurrency investments present “significant risks and challenges to participants’ retirement accounts.”
FTX Picks Stripe to Build Payments and Risk Mitigation Feature
Stripe’s platform will enable a new fiat-to-crypto on-ramp for the rapidly growing exchange's customers.
FTX.US Derivatives Seeks CFTC Approval to Clear Margin Trades Directly for Customers
The company says the change would allow customers to assess and respond to derivatives risks in real time.
EBay Teases 'Digital Wallet' in Investor Presentation as Crypto Rumors Swirl
CEO Jamie Iannone recently said eBay is studying crypto as a form of payment.
USDF Stablecoin Consortium Adds 3 More Banks
Amerant Bank, ConnectOne Bank and Primis Bank will join the U.S.-based group pushing for blockchain-based payment rails.
