Tags : Valley

Bitcoin

Silicon Valley VCs and BNY Mellon announce $170 million investment

The Bank of New York Mellon, known as BNY Mellon, is one of several investment firms investing in Fireblocks, a startup platform for digital asset custody. Fireblocks will raise  $170 million in its Series C venture capital investment, according to Forbes. BNY Mellon plans to use Fireblocks’ technology for its custodian services, in an attempt […]Read More

Regulation

Top Silicon Valley VC defends crypto amid proposal of controversial

Yesterday, the U.S. Treasury’s FinCEN branch confirmed that it is working on cracking down on crimes enabled by Bitcoin and other cryptocurrencies. A to-be-published document from the Financial Crimes Enforcement Network indicated that the rule will force virtual asset service providers to verify the name and address of non-custodial wallet users for any transaction exceeding […]Read More