Non-U.S. investors were subject to local regulations before being whitelisted, founders Zachary Folkman and Chase Herro said on the spaces call. Several notable crypto figures attended the spaces including Stani Kulechov, founder of Aave, Sandy Peng, co-founder layer-2 network Scroll and Luke Pearson, senior research cryptographer, Polychain Capital.

One of Scroll’s core contributors, named sandyzkp on X, responded to criticism by saying, “Binance is more than just a listing, it’s the best channel to reach global distribution, it will open the on-ramp and off-ramp channels and help us grow to the next stage, especially in emerging markets.”

During his time in prison Gambaryan has developed malaria, pneumonia and tonsillitis and suffers from complications tied to a herniated disc in his back, which left him in need of a wheelchair – though in a video from his last court appearance, Gambaryan did not have a wheelchair, and instead had to struggle on a single crutch.

“I don’t think that folks who are paying attention should be much distracted by these efforts to create confusion, because I think the judge got it right, and I think they should welcome the opportunity for the court of appeals to roll on this issue and finally, bring the clarity that we need,” Alderoty said about the appeals court taking up the case – though, he added, the U.S. “really needs a policy solution” from legislators rather than court rulings.

The minutes from the September Fed meeting, released Wednesday, showed policymakers were divided on how aggressive the central bank should be. “A substantial majority of participants” favored cutting the interest rate by half a percentage point, though some expressed misgivings about going that large, the minutes said. “Crypto sentiment has moved back into the fear zone (39), reinforcing the contrast with 72 (greed) in equities,” said Alex Kuptsikevich, a senior analyst at FxPro. “This dynamic is easily explained by the appreciation of the dollar and the increased attractiveness of bonds, which reduces institutional traction in bitcoin.” The dollar index (DXY), rose to 102.97, the highest since Aug. 16, taking the cumulative gain since the Sept. 30 low of 100.18 to 2.7%, according to data source TradingView.

“But I did teach this stuff up at MIT and so forth, so I’m just going say this – these debates literally go back to Plato and Aristotle,” he said. “This is 3,000 years of history. Hundreds of great nations, thousands of nation-states – we tend to have one currency per geographic economic state. We tend even not to have bimetallism.”

Traditional finance heavyweights and global banks are getting increasingly involved in the tokenization of traditional financial instruments, or real-world assets (RWA), placing bonds, funds, credit or commodities onto blockchain rails. The process promises operational benefits such as increased efficiency, faster and around-the-clock settlements and lower administrative costs.

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.

VanEck Ventures, with $30 million in assets under management (AUM), marks a strategic expansion for the firm into the venture capital space, it said in a press release. It will be led by Wyatt Lonergan and Juan Lopez, who both previously led Circle Ventures, the venture arm of stablecoin issuer Circle.