Multi-chain transaction network Biconomy has raised $11.5 million through the public sale of its native token BICO on CoinList. Biconomy, which raised $9 million in July from investors including Coinbase Ventures and Huobi Innovation Labs, follows projects such as Solana, Mina, Algorand and Flow in turning to CoinList to help sell their native tokens. The […]

Global anti-money laundering (AML) agency the Financial Action Task Force (FATF) has released its updated guidance for firms that handle cryptocurrency and virtual assets. It appears designed to corral much of the nascent industry into the existing regulatory framework for banks. After incorporating industry feedback from April 2021, the updated rules for so-called virtual asset […]

For years fintech leaders, investors and technologists in the cryptocurrency space have whined about the lack of regulatory clarity coming from the U.S. Securities and Exchange Commission (SEC). It was only in February 2020, amended in April of this year, that SEC Commissioner Hester M. Peirce proposed her forward-thinking safe harbor rules providing a three-year […]

The Commodity Futures Trading Commission (CFTC) is ready to be the main federal regulator for crypto, its acting head said Wednesday. Rostin Behnam, the acting chairman of the CFTC, told the Senate Agriculture Committee that the commodities regulator is ready to become the primary federal regulator for digital assets, should Congress expand the agency’s remit. […]