It was one of the most tumultuous weekends in the history of fintech, as federal regulators and government agencies took swift action to stop the bleeding after Silicon Valley Bank suddenly collapsed.
The proper definition of cryptocurrencies has stumped US regulators, many believe it has affected development. This year could bring clarity.
In March 2022, the SEC released a proposal for mandatory climate reporting regulations which was met with mixed views. If Europe is anything to go by, it could create significant opportunities in the fintech sector.
Avanti now needs FDIC insurance and acceptance into the Federal Reserve payments system to function as a bank and offer stable coin services.
Investors will be able to gain exposure to bitcoin through the fund, without direct exposure to the volatile currency that traded over $62,000 over the weekend alongside this and other pro-crypto news. On Tuesday morning, the ProShares ETF went live under the ticker BITO at around $40.
The DeFi regulatory landscape is experiencing a shift, and it seems, no-one is safe. Compliance is becoming ever more challenging.
The crypto world was buzzing with the news of ethereum's successful shift to PoS. But what actually is staking? And why is it significant?
On Monday, BlockFi agreed to pay $100 million to settle SEC allegations; a couple of hours after the Super bowl ran with so many crypto ads, media began calling it the 'crypto bowl.'
The paper, published by the President's Working Group on Financial Markets, argued that regulation must address defi money laundering and terrorism financing to create broader investor protection.
In this conversation, we chat with Tim Frost, CEO and Co-Founder of Yield App, a fintech app making DeFi accessible to everyone. Prior to founding Yield, Tim helped build 2 previous digital banks, Wirex and EQIBank. Tim has also helped accelerate early-stage blockchain startups QTUM, NEO, Paxful, Polymath, and many others.
More specifically, we touch on all things crypto banking and debit cards, crypto onramps, juristictions and regulation, defi banking, yield generation mechanisms, and so much more!