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Crypto Regulations

cryptocurrency February 9, 2024

Prometheum, an “alternative” trading platform for crypto “securities” assets, has recently announced the launch of its custodial services for Ethereum (ETH). This move has significant implications for the legal status of the second-largest cryptocurrency by market capitalization.  Advertisements Fortune Magazine reported that the company’s strategy is to compel regulators, particularly the Securities and Exchange Commission […]

cryptocurrency August 24, 2022

Bitcoin fundamentalist Samson Mow criticized Ethereum (ETH) as a “shitcoin” that is prone to capture by regulators. Advertisements In a series of tweets, Mow attacked what he called Ethereum’s “atrocious design choices,” saying the cryptocurrency was “engineered for the sole purpose of pumping the token.” Regulatory capture “ETH’s problems are caused by constantly optimizing for […]

cryptocurrency July 23, 2020

Advertisements Quick take: The OCC has formally given the green light for US banks to offer crypto custody solutions for their customers. Bitcoin (BTC) and Ethereum (ETH) have rallied as a result. US Banks being allowed to offer crypto custody is bullish for they will provide faster fiat onramps. Bitcoin and Ethereum have reacted positively […]