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Bitcoin Daily: Crypto Industry Stocks Jump With Bitcoin’s Rise; Cashaa Teams To Build Crypto-Friendly FI

PYMNTS

Blockchain industry stocks are on the rise as bitcoin reaches new heights, Seeking Alpha reported. UNICAS, as the joint venture is known, will create the first “crypto-friendly financial institution” with brick-and-mortar buildings and operations. 27) afternoon Eastern Time. Bitcoin reached higher than the $13,600 level intraday.

Bitcoin 267
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Crypto industry masters Washington’s ‘revolving door’ as its influence grows

BankInovation

People are increasingly moving between jobs in crypto and the government agencies that police the industry, raising potential conflicts of interest that could undermine efforts to rein in the sector, according to a watchdog group.

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Can Crypto Change The Music Industry?

PYMNTS

Others, however, have complained that a million listens on a streaming service are worth about $100 to the writer of the song, once the music industry has taken its cut. Musicians are paid with the funds from the crypto offering (minus Vezt’s cut, of course), and the digital rights to the song move to the buyer’s Vezt digital wallet.

Industry 167
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Report: Crypto industry divides over 5AMLD

Bobsguide

Crypto businesses face a wake-up call following the European Union’s fifth Anti-Money Laundering Directive’s (5AMLD) January 10 deadline, with market participants raising questions over the future function of digital currencies. While some welcome the directive, others fear rule.

Industry 175
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FTX fallout spurs regulatory fears

Payments Dive

Payments industry professionals, including at the software security firm Fireblocks, worry that the crypto exchange’s downfall could trigger a regulatory backlash against digital assets.

Software 273
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Becoming a “Bahama Mama” Crypto-Style: A Closer Look at The Digital Asset Landscape in The Bahamas

Perficient

Some of these online articles can be found here: OCC Provides Roadmap for National Banks and Savings Associations To Conduct Crypto Activities – Perficient Blogs. Given the uptick in activity in the digital assets space in the Bahamas, we thought we would take a moment to explore crypto “Bahama Mama” style.

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Prioritizing 6 crypto solutions for institutional investors as the industry resets from the FTX collapse

CB Insights

The FTX bankruptcy was a reckoning for the crypto industry. ” Asset manager and well-known crypto investor Ark Invest stated the event could “delay institutional adoption by years.” ” Given the turmoil of 2022, institutional investors in crypto have two major priorities: quality and trust. .”