• Jay Clayton’s leaving the SEC
    Bitcoin,  Cryptocurrencies,  Regulation,  United States

    Jay Clayton’s leaving the SEC. Could this be crypto’s big break?

    There are hopes that his successor as SEC commissioner will increase the likelihood of a Bitcoin exchange-traded fund finally being approved

    SEC chairman Jay Clayton has been nominated as high-powered position as the U.S. Attorney for the Southern District of New York. Now, nerves are growing as to who will be tapped to take on his regulatory role, where he has been a persistent thorn in the side of Bitcoin and cryptocurrency boosters.

  • Bitcoin

    It’s difficult to know Bitcoin’s actual price. Could this benchmark index change that?

    The new Bitcoin Benchmark Rate is designed to pave the way for new derivatives, but there’s a catch: the index is only updated once an hour

    A new benchmark index is trying to cut through market manipulation and inaccurate data to offer a “robust” insight into Bitcoin’s actual price. The Bitcoin Benchmark Rate is the brainchild of MV Index Solutions, which develops a range of indices for investors, along with the digital asset data platform CryptoCompare.

  • Wall STreet
    Cryptocurrencies,  Regulation

    Coinbase completes two security audits to woo institutional investors

    Grant Thornton conducted rigorous evaluations for the crypto exchange’s custody solution, certifying it SOC1 and SOC2 compliant

    In a move to lure more institutional money into the space, U.S. crypto exchange Coinbase just completed two major security audits for its custody solution. 

  • Regulation

    Gemini launches captive insurance firm

    The Winklevoss-owned crypto trading platform has launched its own in-house insurance unit, which will allow it to transfer some risk to reinsurance companies

    Winklevoss-owned Gemini Trust Company has launched its own in-house insurance unit to protect client’s funds against loss.