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Latest from Michael Bellusci
JPMorgan Sees More Crypto Adoption in 2022, Debates Bitcoin’s Status as Store of Value
The investment bank also continues to rate crypto exchange Coinbase as a buy.

SEC Charges Founder of Crypto Startup Crowd Machine With Fraud
Australian Craig Sproule is accused of misleading investors about how he was going to use the proceeds of a $41 million initial coin offering back in 2018.

NYDFS Hires New Deputy Superintendent of Virtual Currency
Peter Marton will join the regulator’s research and innovation group, with a special focus on digital currencies and blockchain.

MoneyGram Takes 4% Stake in Coinme, Building on Existing Partnership
MoneyGram’s strategic investment will help the crypto cash exchange company to expand globally and in other areas.

Blockchain Firm BTCS to Offer Dividend in Bitcoin; Shares Surge
Investors who choose not to receive the so-called “bividend” will receive a regular cash payout.

Bitcoin Can Reach $100K in ‘Hypothetical’ Store of Value Boost, Goldman Sachs Says
The firm assumes a scenario where bitcoin adoption increases as a store of value for investors versus gold.

Kevin O’Leary-Backed DeFi Platform WonderFi to Purchase Bitbuy for $162M in Cash, Shares
The deal gives WonderFi one of Canada’s fastest-growing crypto platforms, adding 375,000 registered users.

Binance Held Talks With Ontario Securities Commission, Says Restrictions on Users Remain
Binance’s Ontario users still face account restrictions.

Binance Still Not Authorized to Operate in Ontario, Securities Commission Says
The regulator’s statement on Thursday comes after Binance said on Wednesday it had worked with regulators to ensure continued operations.

Binance to Continue Operating in Ontario After Cooperating With Canadian Regulators
The crypto exchange originally told its users in Canada’s most populous province they would need to close their accounts by Dec. 31.
