I teach cryptocurrency at NYU and was a visiting scholar at the Federal Reserve Banks of New York and Philadelphia. These are the 3 things every new crypto investor should know

MarketWatch has highlighted these products and services because we think readers will find them useful. We may earn a commission if you buy products through our links, but our recommendations are independent of any compensation that we may receive. Since 2014, Harvard-educated David Yermack, ...Read More

Robinhood’s Crypto Unit Hires New Chief Compliance Officer From Grayscale

The cryptocurrency unit of popular trading platform Robinhood Markets Inc. has hired a new chief compliance officer, a move that comes as the company faces regulatory scrutiny. Benjamin Melnicki joined Robinhood Crypto LLC this week, a Robinhood spokesman said. Mr. Melnicki was most recently chief compliance officer ...Read More

Bitcoin sinks after China says all cryptocurrency-related transactions are illegal and must be banned

China’s central bank said all cryptocurrency-related transactions are illegal and must be banned, sending the strongest signal yet on its determination to crack down on the industry. All cryptocurrencies, including Bitcoin and Tether, are not fiat currency and cannot be circulated on the market, ...Read More