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Latest from Nikhilesh De
Fed Chair Says Libra 'Cannot Go Forward' Until Facebook Addresses Concerns
Fed Chairman Jerome Powell said Facebook should not be allowed to launch its Libra cryptocurrency until the company details how it will handle a number of regulatory concerns.
Metropolitan Bank Says It Shut Down Tether's Account After 5 Months
Metropolitan Commercial Bank maintained accounts for Tether and affiliated companies for less than half a year before shutting them down.
Facebook to Senators: Libra Crypto Will Respect Privacy
Facebook's David Marcus told lawmakers its new libra cryptocurrency will not store or share personal financial information – with a few caveats.
Investor Fortress Will Buy Mt Gox Creditor Claims for $900 Per Bitcoin
Former Mt Gox customers can recoup $900 per bitcoin owed by selling their claims to Fortress Investment Group.
SEC, FINRA Issue Explanation of Crypto Custodian Approval Delay
In a joint statement Monday, the SEC and FINRA laid out the issues they must examine before approving broker-dealer applications from crypto startups.
Facebook's David Marcus: Libra Crypto Users Won't Have to Trust Us
In a note published Wednesday, Facebook blockchain lead David Marcus pushed back against calls to stop Libra's development.
4 US Lawmakers Join Call to Freeze Facebook's Libra Project
Several House Democrats called for a moratorium on Libra development in a letter to Facebook executives on Tuesday.
Bitfinex Repays Tether $100 Million of $700 Million Loan
Bitfinex said it has paid back $100 million of the $700 million borrowed from stablecoin issuer Tether.
TD Ameritrade-Backed ErisX Gets Green Light to Settle Futures in Bitcoin
The CFTC just granted ErisX a derivatives clearing organization license, green-lighting it to launch physically-settled bitcoin futures contracts.
S&P 500 Gains Can Earn You Bitcoin on New Bain Capital-Backed Exchange
Crypto derivatives exchange EverMarkets is opening its doors to customers worldwide, with trades collateralized in bitcoin.
