Decentralized, Yet Somehow Also Custodial, Finance
Columnist Jon Reiter analyzes a fundamental contradiction in the cryptocurrency/DeFi space regarding custody and regulatory exemptions.
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Kraken Parent Payward Delays IPO Again
The postponement, the company's second in six months, lands as BitGo, the only digital-asset custodian to go public this year, trades near a third of its IPO price.
Singapore is Now BitGo's Largest Trading Desk
The expansion arrives as the newly public custodian works to show that revenue growth, up nearly 80 percent last quarter, can translate into profit.
Sberbank's $46 Billion Bet: Russia's Regulated Crypto Market Takes Shape
Russia has opened its crypto market to regulated trading, with Sberbank forecasting $46.4 billion in first-year volume as Moscow brings digital assets deeper into its financial system.
SEC Proposes Overhaul of Transfer Agent Rules, Naming Blockchain Directly
The proposal stops short of creating a separate category for onchain transfer agents, opting instead to write blockchain recordkeeping into the existing rulebook that has governed the role since paper stock certificates were standard.