A week after the U.S. government’s inaction on cryptocurrency regulation drove Jeremy Allaire to move most of his company out of the U.S., the Circle chairman and CEO told congress why.
Gaming startup Pocketful of Quarters (PoQ) was issued a no-action letter by the SEC’s Division of Corporation Finance (DCF) on July 25 for its plan to sell Ethereum-based Quarters tokens. These tokens will be used as in-game currencies on gaming platforms, and will be transferable from one game to another, even across platforms.
A leading attorney in the blockchain and cryptocurrency business, Klayman has joined Linklaters as the U.S. Head of FinTech and Blockchain & Digital Assets, the firm announced on July 18. Linklaters ranked 12th in Law.com’s 2018 Global 200 survey of the highest grossing law firms in the world. Headquartered in London, it has a strong practice in the finance and banking, and the technology market, among other areas.
On Tuesday, NYU Professor and prominent cryptocurrency critic Nouriel Roubini penned a column titled “The Great Crypto Heist,” in which he savaged a frequent target, cryptocurrency derivatives platform BitMEX, as both corrupt and crooked.