Latest from Michael Bellusci
El Salvador Purchases 410 More Bitcoins Amid Market Drop, President Bukele Says
The nation now has over 1,500 bitcoins and plans to issue a $1 billion, 10-year bitcoin bond this year.
SEC Objects to MicroStrategy’s Accounting Adjustment for Its Bitcoin Holdings
The software firm said in a filing it would revise its future reports to reflect the SEC’s concerns.
Crypto-Exposed Stocks Sink Amid Bitcoin’s Decline, Broader Market Rout
The stock declines come as the price of bitcoin has fallen almost 11% in the past 24 hours, trading below $40,000 for the first time in months.
FTX Readies Visa Debit Card for Users to Spend Crypto Balances
The card is currently unavailable in certain countries – including the U.S.
Robinhood Begins Testing Crypto Wallet
Robinhood selected 1,000 customers from a waitlist to test the beta version of the wallet.
FINRA Considering Changes to Crypto Regulations to Better Protect Investors: Report
The self-regulatory body is primarily concerned with rules around advertising and disclosure to customers.
Google Hires PayPal Veteran as Part of Crypto Push
The move to hire Arnold Goldberg to run its payments division comes after Google previously abandoned a push into banking, according to Bloomberg.
FTX US Derivatives Names Former LedgerX Chairman Larry Thompson as Board Chair
FTX US purchased LedgerX in a move to develop its crypto options business.
Crypto Exchange Bitfinex Tells Ontario Customers to Close Accounts
Bitfinex customers in the Canadian province should withdraw all their funds on or before March 1, the exchange said.
Coinbase Tries to Catch Up to Foreign-Based Rivals With Move Into Derivatives
With its acquisition of derivatives exchange FairX this week, Coinbase is seeking to gain traction in a market that’s dominated by its foreign-based competitors.
