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Bitstamp CEO on Regulatory Implications of Ethereum’s Proof-of-Stake Transition
“We feel that the marketplace is quite comfortable with the currency treatment of ETH as not a security,” Bitstamp USA CEO Bobby Zagotta says. He adds that staking shouldn’t affect that equation.

Celsius Asks for Court’s Permission to Sell Stablecoin Holdings
According to new court filings, Celsius Network has asked the court for authorization to sell its stablecoin holdings in order to generate liquidity to help fund its operations. The troubled crypto lender owns 11 forms of stablecoins totaling approximately $23 million, according to disclosures.

Ethereum Merge was ‘Anticlimactic,’ Better Than Expected: Product Lead
“The fact that it was almost a non event is just a huge success for the community,” ConsenSys Product Lead Sajida Zouarhi tells “First Mover,” adding that the Ethereum Merge had gone better than the community had expected.

Gensler Hearing a ‘Wild Card’ for Ethereum Moving Forward: Trading Veteran
IG North America CEO JJ Kinahan joins “First Mover” to discuss the ether (ETH) price actions after the network’s historic upgrade. Plus, why SEC Chair Gary Gensler’s hearing on the Hill will be a “wild card” for Ethereum’s future development.

Crypto Oversight Remains Unclear Despite Biden’s Executive Order
The series of reports from the Treasury Department provided rather limited clarification on what the Biden administration and regulators intend to do about digital assets. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what this means for the construction of a regulatory framework.

Ethereum Merge’s Impact on Crypto Exchanges
Bitstamp USA CEO Bobby Zagotta discusses the impact of the Ethereum Merge on crypto exchanges and how Bitstamp has been doing after the upgrade. Plus, insights into the volume increase led by institutions.

A Closer Look Behind the Ethereum Merge
ConsenSys Besu Product Lead Sajida Zouarhi shares her experience working on the implementation of the Ethereum protocol specifications. Plus, why centralization might become a concern for the diversity of the network and how Zouarhi plans to take on the challenge.

Busan’s Big Blockchain Plans
Could Busan be the next crypto hub? Will help from Binance and FTX finally establish South Korea’s second largest city as the crypto haven it’s trying to be? Answers to those questions and other news shaping the cryptocurrency world in this episode of “The Daily Forkast.”

Ethereum PoW Network Sees User Complaints on Chaotic First Day
Ethereum PoW, the version of the Ethereum blockchain that continues to run on a proof-of-work (PoW) system, ran into technical problems a day after its launch.

CFTC Chair Talks Ethereum Merge’s Impact on Crypto Sustainability, Energy Usage
Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam discusses the appropriate approach to cryptocurrency's energy consumption concerns, citing the successful Ethereum Merge as a "step in the right direction."
