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