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Binance Labs, the former investment arm of exchange giant Binance, is getting a major overhaul under a new name, YZi Labs, with former Binance CEO Changpeng “CZ” Zhao closely involved in operations, the firm announced Thursday. The reshuffle means the investment firm will go from being the exchange’s venture capital arm to the family office […]

Pakinomist– The Securities and Exchange Commission, under new leadership chosen by President Donald Trump, announced the withdrawal of a controversial framework that outlined strict disclosure requirements for financial firms holding crypto. The SEC issued Staff Accounting Bulletin (SAB) 122, which repeals SAB 121 and allows financial institutions that hold crypto on behalf of their clients

The US Securities and Exchange Commission published a new Staff Accounting Bulletin on Thursday, withdrawing its controversial SAB 121. SAB 121 required banks and other public companies to mark any customers’ crypto assets on their own balance sheets. SAB 122 “repeals the interpretive guidance” and instead requires companies to use Financial Accounting Standards Board rules

Welcome to The Protocol, Coindesk’s weekly summary of the most important stories in the technological development of cryptocurrency. I am Ben Schiller, Coindesk’s editor of meaning and functions. In this number: DAO control tool Fusion Ethereum Foundation drama StableCOin USDH is coming to Bitcoin 25 million dollars grant program to Depin Network news DAO GOVERNANCE

San Francisco, USA, 22 January 2025, Pakinomist Boba Network has announced the integration of Nucleus, a protocol designed for blockchain networks. This collaboration allows users to bridge ETH, Liquidity Staking Tokens (LSTs) or Liquidity Reward Tokens (LRTs) to the Boba Network to engage with mainnet features while accessing various DeFi- protocols, gaming platforms and NFT

Senator Elizabeth Warren is indicting President Donald Trump’s meme coin and pushing for the US Office of Government Ethics and financial regulators to dig into the ethical and regulatory details surrounding the $TRUMP token. Warren, who is the top Democrat on the Senate Banking Committee, which oversees US financial regulators, says the assets, including First

Pakinomist — The prospect of a US strategic reserve appears to be gaining traction, with a nod from Senator Cynthia Lummis and support from Binance founder Changpeng Zhao, known as CZ. On Thursday, it was announced that Senator Lummis will chair the Senate Banking Subcommittee on Digital Assets. Lummis tweeted about her commitment to advancing

Payments remain the big unsolved use of the Internet. When we buy something online, we generally use a traditional payment method, e.g. a credit card that is not “native” to the experience. Your ability to trade with a dealer is verified by a third party (like a bank), which increases costs and adds a lot

Pakinomist – Michael Saylor, maximalist and MicroStrategy’s executive chairman, has previously taken to his account on the social media X platform (commonly known as Twitter in the past) to deliver a Bitcoin-themed MicroStrategy message to his multi-million army of followers. In his traditional style, the MicroStrategy founder shared an AI-generated image depicting Saylor sitting in

US President Donald Trump has come through with a much-anticipated executive order on crypto, directing his administration to establish friendly policies to put the industry on solid American footing and consider establishing a “digital asset repository.” After years of courtroom battles with federal authorities, Trump’s order issued Thursday could allow the digital asset sector to