Author: American Coins & Gold

FASB Says Crypto Assets Should Be Marked at Current Values
The first U.S. accounting rule specifically for cryptocurrency will say that companies must use a fair-value approach that would demand certain digital assets be measured at what they would trade for in the markets, according to the Financial Accounting Standards Board (FASB).

Cathie Wood's ARK Invest Files for First Spot Ether ETF
The Ark 21Shares Ethereum ETF is the first attempt to list such a fund in the U.S. that directly invests in ETH, the second largest cryptocurrency by market capitalization.

Cathy Wood's ARK Invest Files for First Spot Ether ETF
The Ark 21Shares Ethereum ETF is the first attempt to list such a fund in the U.S. that directly invests in ETH, the second largest cryptocurrency by market capitalization.

The Protocol: Ethereum Learns of Potential Defector as ‘Supreme Court’ Mooted
What is a blockchain “sequencer?” Here’s why you need to know

Crypto Lenders Caused Crypto Contagion Last Year. How Is the Industry Rebuilding?
After bankruptcies tore apart the crypto lending, the industry is attempting to rebuild in a sustainable and accountable manner.

Ethereum's Vitalik Buterin Argues for Blockchain 'Privacy Pools' to Weed Out Criminals
The paper argues for “privacy pools,” a blockchain tech feature that would enhance the privacy of user’s transactions while also distinguishing criminal activity from innocent funds.

Tornado Cash Developer Roman Storm Pleads Not Guilty to Money Laundering, Other Charges
Tornado Cash developer Roman Storm pleaded “not guilty” to charges of conspiring to operate a money transmitter or facilitate money laundering and sanctions evasion in a court appearance Wednesday.

Coinbase, Framework Venture Funds Invest M in Socket Protocol, in Bet on Blockchain Interoperability
The fundraise comes as interoperability protocols have attracted investors, despite the bear market.

DeFi and Credit Risk
As a potentially disruptive sector, DeFi must set aside some of its lofty ideals, for now, and focus on financial solutions with demonstrable global demand and adoption.

Why Wealth Managers Are Choosing These Crypto Accounts
Separately managed accounts have seen explosive growth in TradFi, and there are benefits in crypto, too.