SEC to up scrutiny of firms offering or giving advice about crypto
8.2.2023
Registered crypto brokers and advisors may need to be on edge when giving advice this year, after a recent warning from the SEC
South Korean officials traveled to Serbia to find Do Kwon
8.2.2023
The South Korean prosecutor's office reportedly admitted that the reports one of its team visited Serbia “aren’t false.”
DCG offloads Grayscale shares to raise capital: Report
8.2.2023
The purported sales are the latest measures the embattled firm has taken following moves in recent months to raise capital and preserve liquidity
North Korea Stole Record Amount of Crypto Assets in 2022, UN Report Unveils
8.2.2023
The regime in North Korea has managed to steal more cryptocurrency last year than in previous years, according to a draft U.N. report. Despite the difference between quoted estimates, the authors conclude that 2022 was a record-breaking year for crypto theft, to be blamed on the hermit state....
BIS to launch stablecoin monitoring project and up focus on CBDC experiments
8.2.2023
The bank for central banks is expanding its CBDC research while developing a platform to monitor stablecoin balance sheets
Voyager subpoenas FTX and Alameda execs as judge orders fee examiner
8.2.2023
On behalf of Voyager, law firm Kirkland & Ellis subpoenaed four executives from FTX and Alameda requesting an enormous array of documents
US Dollar to Keep Losing Its Appeal as Safe-Haven Currency of Last Resort, Says Strategist
8.2.2023
Pacific Investment Management Company (PIMCO) expects the U.S. dollar to “continue to lose its appeal as the safe-haven currency of last resort.” The $1.74 trillion asset management firm added that the USD “is likely to fall further in 2023 as inflation falls, recession risks...
Bank of England thinks digital pound can co-exist with private stablecoins
8.2.2023
The central bank wants an e-GBP to be retail-focused and could form part of a "mixed payments economy" alongside cryptocurrency stablecoins
Unpacking India's CBDC Pilots as Country Prepares for Digital Rupee
8.2.2023
India wants to launch its central bank digital currency at a national level by the end of 2023, but early into its pilot, the Reserve Bank of India has identified challenges
Nokia uses the metaverse to connect remote breweries, train aircraft techs
8.2.2023
Once known as a manufacturer of hardy mobile phones, Nokia has been working on developing industrial use cases for the Metaverse
Bank of America Is Preparing for Possible US Debt Default, Says CEO Brian Moynihan
8.2.2023
Bank of America is preparing for a possible U.S. debt default, says CEO Brian Moynihan. He is not a fan of eliminating the debt ceiling altogether as some lawmakers have proposed. Meanwhile, Treasury Secretary Janet Yellen says “every responsible member of Congress must agree to raise...
SBF’s lawyers move to block release of bail guarantors' identities
8.2.2023
The appeal, filed on the last possible day, prevents the names of two bond guarantors for SBF from being revealed until at least Feb. 14