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SEC faces criticism from five investment firms over custody rule proposal

0xMain
May 10, 2023

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Bain Capital Crypto and other prominent investment firms voice concerns over the proposed SEC custody rule change. Representatives from Bain Capital Crypto, Electric Capital, Haun Ventures, Dragonfly Digital and Ribbit Capital have joined other industry voices in opposing the Securities and Exchange Commission’s...

Societe Generale’s crypto division launches euro stablecoin amidst criticism from Stasis CEO

0xMain
April 22, 2023

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STASIS CEO comments on the launch of Societe Generale’s competing stablecoin EUR CoinVertible, questioning its viability due to the “single point of failure” problem. Societe Generale’s Crypto Division, SG-FORGE, has announced the launch of EUR CoinVertible, a euro-denominated stablecoin, which aims to bridge...

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Michael Saylor stands up for BTC mining amid criticism

0xMain
April 18, 2023

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Michael Saylor, a co-founder of MicroStrategy, responded to a recent article that discussed the amount of power used for bitcoin mining. According to Saylor, the fact that bitcoin miners don’t contribute to pollution means that a significant number of American households can save...

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Kraken CEO’s criticism of regulators gains momentum

0xMain
February 20, 2023

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Jesse Powell, CEO of crypto exchange Kraken scrutinized by the US regulators, expressed his regrets by urging Congress to protect the domestic crypto industry. Kraken, the popular cryptocurrency exchange, recently reached a $30 million settlement with the US Securities and Exchange Commission (SEC),...