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SEC set to spend up to $238,787 annually on cryptocurrency financial analyst

The SEC is looking to bolster its cryptocurrency chops by hiring a “Financial Analyst Cryptocurrencies.” According to the job listing, posted in early April, the analyst will have a robust set of responsibilities: “The Crypto Specialist provides expertise and coordinates TM activities regarding crypto and…

Digital Asset Partners With Cloud Software Giant VMware

Digital Asset has partnered with cloud computing giant VMware. Digital Asset, the firm that created the DAML smart contract programming language, has partnered with major cloud computing company VMware, according to an announcement on April 11. According to the press release, Digital Asset will integrate…

Digital Asset smart-contract language to be used to standardize derivatives trading

Blockchain company Digital Asset is working to boost adoption of a derivatives-management tool developed by the International Swaps and Derivatives Association (ISDA), ISDA announced in a press release. ISDA’s Common Domain Model (CDM) is said to facilitate automation of the complex process of scheduling derivatives payment,…

Digital Asset picks new CEO after Blythe Masters’ exit

Digital Asset, the New York-based blockchain company, has found a new chief executive officer to replace Wall Street veteran Blythe Masters, who stepped down from the position at the end of 2018, the company announced Tuesday. Yuval Rooz, the firm’s former chief operating officer, was…

Digital Asset exodus continues as senior board member and exec depart

Sallie Krawcheck, former CFO at Citi, has stepped down from Digital Asset’s board of directors, alongside exec Sofus Mortensen, CoinDesk reported Thursday. The industrial blockchain-provider declined to comment but the article pointed to the disappearance of Krawcheck’s name on the company’s website as well as to…

SEC Chairman Confirms Cryptocurrencies Like Ethereum Are Not Securities

On March 12, the cryptocurrency and blockchain legislative advocacy group Coincenter published correspondence between the Securities and Exchange Commission (SEC) chairman Jay Clayton and representative Ted Budd. The letter explains that Clayton and the SEC’s staff analysis confirms that Ethereum and similar cryptocurrencies are not…

Medici Portfolio Firm Partners with Caribbean Bank to Pilot Digital Currency

Eastern Caribbean Central Bank to issue Digital Eastern Caribbean Dollar in partnership with Medici portfolio firm Bitt. Bitt, a portfolio firm of Overstock’s blockchain firm Medici, has partnered with the Eastern Caribbean Central Bank (ECCB) to pilot central bank digital currency (CBDC). Overstock announced the…