Tags: CoinDesk TV

Anatoly Yakovenko. (Danny Nelson/CoinDesk)

U.S. Rep. Patrick McHenry (CoinDesk TV)

Brett Quick from the Crypto Council for Innovation said the upshot could be clearer rules for digital-asset firms.

The former Silicon Valley Bank holding company needs access to the bank‘s FDIC-controlled funds to pay creditors and support two other operations, says Kleinberg, Kaplan partner Dov Kleiner.

But Stephan Lutz says the trading platform is now reaping the benefits of the current crypto market.

Carole House, co-author of President Biden’s executive order on crypto, said keeping crypto in the country is a matter of national security.

The bank did not provide reliable and consistent data, said Maria Vullo, a former superintendent of the New York State Department of Financial Services.

The computer gaming firm supports royalties. Removing them would only "send the industry backwards," said Yat Siu.

Efforts to keep crypto companies from the U.S. banking system may have been taking place even before the recent bank collapses, Jason Brett told CoinDesk TV‘s "First Mover."

Brian Brooks, once the acting head of the OCC, said federal regulators are working together to keep crypto assets out of the U.S. banking system.

The outcome of the New York Attorney General‘s lawsuit against KuCoin could prompt federal regulatory action against the second-largest crypto asset, says Penn State University Dickinson Law professor Tonya Evans.

Crypto adoption by TradFi companies “got just that much harder in the last 24 hours,” said Jim Bianco, president of Bianco Research LLC.

Craig Salm discusses what happens next after a court acts on its lawsuit against the SEC, and whether this regulator should even be involved with bitcoin products.

Greg Solano said the company’s use of the Bitcoin blockchain and its strategic bidding process could only be done because Yuga Labs is a “trusted party.”