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Posts published in “Digital Asset”

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…

Russian President Putin Orders Government to Adopt Crypto Regulation by July 2019

The President of Russia Vladimir Putin has issued another deadline for the legislature to adopt digital asset regulation. Russian President Vladimir Putin has issued another deadline for the government to adopt regulations for the digital assets industry, according to instructions for the Federal Assembly. The document…

Digital Asset loses CTO as executive exodus continues 

More bad news for Digital Asset, the blockchain financial technology provider. The firm’s CTO and Chief Information Officer, James Powell, has left after only six-months, reports CoinDesk. The departure comes two months after Digital Asset’s announcement that its former CEO Blythe Masters stepped down from her role at…