Rapper Snoop Dogg has released new NFTs that evolve in utility throughout his tour this summer, while Sotheby’s concluded a successful second 3AC NFT auction, including $6.2M for Dmitri Cherniak’s “The Goose.”Source
Self-styled crypto skeptic Michael Hsu, the acting head of the U.S. Office of the Comptroller of the Currency (OCC), said tokenization of assets is a serious advance into the future of finance, but decentralized blockchains may be too problematic to handle that movement.Source
Nomura’s global survey shows that commitment to digital assets remains strong outside the U.S., offering a way forward for the sector, says Michael Casey.Source
If U.S. policymakers want to help direct crypto, benefitting consumers an innovation, they will need to learn to compromise, says John Rizzo.Source
Blackrock’s (BLK) iShares Bitcoin Trust application to the U.S. Securities and Exchange Commission (SEC) this week might stand a better chance than previous attempts by other fund managers thanks to the promise of a “surveillance-sharing agreement” between exchanges.Source
Tether’s banking relationships were detailed in a rare but limited window into the reserves behind USDT, the crypto market’s largest stablecoin, in documents obtained by CoinDesk under a Freedom of Information Law request.Source
The European Union’s intellectual property office EUIPO wants traders and customs authorities to use open-source tools to authenticate branded goods.Source
crypto traders flock to OTCSource
The latest price moves in bitcoin (BTC) and crypto markets in context for June 16, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source