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CFTC Hires SEC Crypto Task Force Adviser with Blockchain Forensics Chops
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CFTC Hires SEC Crypto Task Force Adviser with Blockchain Forensics Chops

The Commodity Futures Trading Commission (CFTC) has hired a former SEC crypto task force adviser known for blockchain forensics. This move comes as Congress considers the CLARITY Act to redefine regulators' roles in digital assets. The new hire, Ian Darrow, brings deep experience in tracking illicit crypto transactions and enforcing compliance. The CFTC's decision highlights the growing importance of blockchain forensics in regulating the crypto space. The CLARITY Act, if passed, could significantly reshape how federal agencies oversee digital assets, potentially leading to clearer guidelines and more coordinated enforcement efforts.

via CoinTelegraph#cftc#sec#blockchain
BitGo Joins Fortune 500 with $16.2B Revenue, Marking Milestone for Regulated Bitcoin Infrastructure
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BitGo Joins Fortune 500 with $16.2B Revenue, Marking Milestone for Regulated Bitcoin Infrastructure

BitGo, a regulated Bitcoin custody service, has joined the Fortune 500 list after reporting $16.2 billion in revenue. The company's inclusion highlights the growing institutional adoption of Bitcoin and regulated crypto services. BitGo, now operating as a federally chartered OCC trust bank, powers custody for major Bitcoin ETFs, stablecoins like World Liberty Financial’s USD1, and SoFiUSD, underscoring institutional adoption of regulated crypto infrastructure.

via Bitcoin Magazine#bitgo#fortune 500#bitcoin custody
Spot Bitcoin ETFs Snap Five-Day Outflow Streak with $85.8 Million Friday Inflow as Ether Funds Keep Sliding
bitcoin

Spot Bitcoin ETFs Snap Five-Day Outflow Streak with $85.8 Million Friday Inflow as Ether Funds Keep Sliding

Spot Bitcoin ETFs reversed a five-day outflow streak with $85.8 million in inflows on Friday, led by BlackRock's IBIT with $57.7 million. Fidelity's FBTC added $18.0 million, and no fund reported a net outflow. Meanwhile, Ether funds continued to see outflows, highlighting a divergence in investor sentiment between the two leading cryptocurrencies.

via The Block#bitcoin#etf#inflows