In a significant development, the U.S. House Financial Services Committee advanced specific bills focused on crypto for the first time, independent of broader legislation.Continue Reading

In the latest signs that Wall Street is moving towards cryptocurrency, Goldman Sachs has successfully offered its first Bitcoin-backed loan.   The secured lending facility lent cash collateralised by Bitcoin owned by the borrower, a spokeswoman for Goldman Sachs said.    “We recently extended a secured lending facility where we lent fiat collateralized on BTC;...Continue Reading

Australia’s federal government is considering legislation to help Australia play a role in the emergence of Web 3.0, a new form of internet that underpins cryptocurrencies and digital assets.   Web 3.0 refers to the third iteration of the web, succeeding Web 1.0 of the 1990s, and the current version of the internet, Web 2.0....Continue Reading