Why Crypto Adoption Still Lags Despite SEC and GENIUS Act Wins

The cryptocurrency industry has argued that hostile regulation has been the main barrier to mass adoption. But as Congress advances cryptocurrency-friendly legislation and the SEC backs away from major enforcement battles, this explanation is losing credibility. Unsplash+ For many years, the cryptocurrency industry has had a ready explanation for poor mainstream adoption: Washington. Executives cited … Read more

Kraken Becomes First Crypto Firm With Direct Fedwire Access

By securing direct access to the Federal Reserve’s payment system, Kraken Financial, led by co-CEO Arjun Sethi, may have solved one of crypto’s longest-standing structural problems. Photo by Paul Morigi/Getty Images for Semaphore For more than a decade, every cryptocurrency exchange has moved dollars in the same way. The funds passed through a partner bank … Read more

Crypto torture case: Suspect waives court appearance as 2nd man arraigned in alleged kidnapping, beating of Italian victim

Soho, Manhattan – An investor of cryptocurrencies gave in detention to the alleged kidnapping and torture of a man in New York before the court on Wednesday morning. John Wellz, 37, was expected to represent his first court appearance in a court hall in Manhattan after he was detained on Friday and was charged with … Read more