In an interview with Blockworks, Clayton said that the government will have to look at the function that crypto-assets are providing and “they will be regulated in the same way as the incumbent assets that serve a similar function are.”
Open-source blockchain ecosystem Celo announced it’s digital wallet Valora will now operate as an independent company amidst the close of the Series A round.
Venture capitals and investors alike have announced that they have fundraised millions of dollars to crypto-based companies this week.
DeFi has taken the world by storm, but there are a few more steps until it’s ready for institutional finance, Galaxy Digital’s Mike Novogratz and others argued on a recent Blockworks webinar
The integration will allow for an increase in the company’s institutional trading volume.