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USA: Regional Blockchain Groups Join Blockchain Association in Telling Congress Infrastructure Bill Threatens Emerging Digital Asset Sector

USA: Regional Blockchain Groups Join Blockchain Association in Telling Congress Infrastructure Bill Threatens Emerging Digital Asset Sector
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Washington state launches center to cater to — and potentially regulate — crypto and fintech companies

Washington state launches center to cater to and potentially regulate crypto and fintech companies
May 23, 2021 at 7:34 pm
Facing explosive growth in NFTs and cryptocurrencies coupled with vague regulations for the wave of new financial technology and investment startups in Washington, the state recently announced a new Center for FinTech Information to warehouse in one place licensing guidelines and regulations.
Contained within the umbrella of the Washington State Department of Financial Institutions, the center will provide information about working in the state as a regulated business; list the financial laws, rules, and regulations related to money transmission, securities, lending, or banking; and assist applicants the licensing process, according to its website. ....

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Crazy for crypto — or not: Seattle VCs sound off on tech's hottest topic following Coinbase IPO

Crazy for crypto or not: Seattle VCs sound off on tech’s hottest topic following Coinbase IPO
April 15, 2021 at 11:58 am
Sometimes, making an exception can pay off.
That’s what happened to Version One Ventures, which typically invests in early-stage startups but veered off course to make a bet on a fast-growing cryptocurrency company four years ago.
That investment in Coinbase “ended up as a multiple fund maker,” noted Version One General Partner Boris Wertz, who started the firm out of Vancouver, B.C. in 2012. Verison One invested in Coinbase partly because it believed blockchain/crypto would be the next computing platform. ....

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