Author: American Coins & Gold

BitGo Buys Crypto Wealth Management Platform HeightZero
HeightZero handles portfolio rebalancing, statement generation, tax loss harvesting and automated billing for crypto clients.

Binance.US Halts Direct Dollar Withdrawals
Dollar deposits in user wallets are no longer eligible for FDIC insurance protection, according to the updated terms of use.

First Mover Americas: FTX Proposes Returning Up to 90% of Customer Funds
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 17, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Ripple VP: The Policy Considerations 'Justifying the Implementation of CBDCs'
Central bank digital currencies have nearly limitless opportunity but ultimately, mainstream adoption hinges upon usability, Ripple Vice President James Wallis writes.

Pennsylvania Lawmaker Scraps Crypto Mining Ban to Advance Energy Conservation Bill
The state’s Environmental Resources and Energy Committee accepted the amended bill on Monday by a slim margin.

Banks Must Disclose Crypto Exposures, Global Regulator Says
The guidance will ensure transparency and market discipline, the Basel Committee on Banking Supervision said

SBF Trial: FTX Exec Felt ‘Suicidal’ in Crypto Exchange’s Final Days
Nishad Singh told a jury on Monday that his September meeting with Bankman-Fired was the first time he realized that Alameda, FTX’s sister trading firm, had spent billions of dollars of FTX user deposits, and had left a gaping hole in both companies’ balance sheets.

EU Regulator Warns of ‘Opaque’ Crypto Firms as It Seeks to Close MiCA Loopholes
The European Securities and Markets Authority doesn’t want foreign companies operating via EU “letterbox” entities

Protocol Village: Taurus to Integrate Elliptic's Wallet Screening Tool
The latest in blockchain tech upgrades, funding announcements and deals. For the week of Oct. 16-22, with live updates throughout.

Bitcoin Above K Buoyed by California ‘BitLicense’ Bill Being Signed
The broader crypto market returned just over 1.24% on average in the past 24 hours, CoinDesk Market Index shows.