Search
Congressional Republicans Criticize SEC Chair Gary Gensler's Crypto Approach Ahead of Hearing
18.4.2023
Republicans on the House Financial Services Committee sent a letter criticizing Securities and Exchange Commission Chair Gary Gensler and his repeated entreaties to crypto companies to "come in and register" moments before a congressional hearing on his agency
UAE Securities Regulator to Start Accepting License Applications From Crypto Firms
18.4.2023
The regime applies to all companies seeking to provide services in the country, unless already licensed in financial free zones in the United Arab Emirates
Israel's Central Bank Outlines Scenarios for Issuing a Digital Shekel
18.4.2023
The bank made it clear that no decision has yet been made on issuing a central bank digital currency
Crypto Exchange Bybit Opens Global HQ in Dubai
18.4.2023
Crypto exchange ByBit has opened its global headquarters in Dubai, nearly an year after it had revealed plans based on an in-principle approval to move its global headquarters to the city
Hong Kong’s Banks Are Taking Lead on What e-HKD Will Look Like: Source
18.4.2023
At least one bank is leaning towards developing it on a permissioned blockchain
Ryuk Ransomware Gang’s Crypto Broker Gets Light Sentence After a Guilty Plea
18.4.2023
Denis Dubnikov, a founder of two OTC trading desks in Russia tied to ransomware attacks, was sentenced to no jail time and forfeiture of $2,000 last week after a guilty plea, court documents show
SEC Lays Its Cards on the Table With Assertion That DeFi Falls Under Securities Rules
17.4.2023
The U.S. Securities and Exchange Commission's (SEC) warning shot last week that decentralized finance (DeFi) could be thrown into its expanding definition of what makes a securities exchange is the latest move to formalize what Chairman Gary Gensler has been saying: Crypto belongs in the securities...
BoE Considers Limits on Stablecoin Payments as Parliament Debates New Crypto Rules
17.4.2023
The Bank of England plans on releasing a consultation proposal by the end of the year, Jon Cunliffe said at Innovate Finance’s annual global summit
NY Financial Regulator Adopts Virtual Currency Assessment Rule
17.4.2023
The New York Department of Financial Services (NYDFS) has adopted a new regulation for how crypto companies will be assessed for costs associated with their supervision
Crypto Exchange Bittrex Violated Federal Laws, SEC Charges in Lawsuit
17.4.2023
The U.S. Securities and Exchange Commission (SEC) alleged that crypto exchange Bittrex simultaneously operated a national securities exchange, broker and clearing agency in violation of federal statutes. Former CEO Bill Shihara and Bittrex Global GmbH are also facing charges
SEC Warned Bittrex of Legal Action Before Firm Announced U.S. Exit: WSJ
17.4.2023
The crypto exchange is set to shut down its U.S. platform on April 30 after nine years in operation
Do Kwon Retained Law Firm in South Korea Before Terra's Collapse: Report
17.4.2023
South Korean prosecutors confirmed a report that Kwon sent $7 million to a local law firm in the months leading up to his venture's dramatic fall
Shaquille O'Neal Finally Served FTX Lawsuit: Lawyers
17.4.2023
Legendary Basketballer Shaquille O'Neal has finally been served a class-action lawsuit against FTX founder Sam Bankman-Fried, lawyers of the plaintiffs tweeted on Sunday
De-Dollarization: China, Brazil Can Be Instrumental in Building Less Centralized World With No Hegemony, Says Lula’s Adviser
17.4.2023
Brazil’s President Luiz Inacio Lula da Silva’s chief adviser on foreign policy, Celso Amorim, says China and Brazil “are coming closer together” and they could play important roles in building a less centralized world with no hegemony. Commenting on de-dollarization, he stressed:...
Bitcoin, Ether are ‘like gold’ says Cathie Wood, but Ray Dalio is skeptical
17.4.2023
Cathie Wood thinks Bitcoin and Ether are acting as “risk-off” assets and as a “flight to safety” for investors amid macroeconomic uncertainty
CBDC Debate Heats Up: BIS Project Sparks Controversy Among Critics; Lynette Zang Warns of Dangers of CBDCs
16.4.2023
During the weekend, discussions about central bank digital currencies, or CBDCs, trended on social media as many people believe the idea will result in increased financial surveillance and a totalitarian monetary system. In a recent interview, Lynette Zang, the chief market analyst at ITM Trading...
G20 Finance Chiefs Agree Global Policy Responses to Crypto Are Required
16.4.2023
The G20 finance ministers and central bank governors have agreed that crypto regulation cannot be confined to one part of the world, said India’s finance minister. “Any action on crypto assets will have to be global,” she stressed, adding that the G20 finance chiefs’...
US House Committee Publishes Draft Stablecoin Bill
15.4.2023
The stablecoin is the first major piece of crypto legislation in 2023
French President Emmanuel Macron on Taiwan: ‘Being an Ally Does Not Mean Being a Vassal’
15.4.2023
French president Emmanuel Macron has decided to double down on his strategic autonomy policy thesis, declaring that Europe should not be forced to side with Beijing or Washington on Taiwan. Macron declared that being a U.S. ally ‘does not mean being a vassal’ in a state visit...
NovaWulf Plans to Tokenize Equity of Celsius’ New Firm With $2B Assets, After Takeover
14.4.2023
Celsius Network contacted 130 interested parties and signed non-disclosure agreements with 40, before choosing NovaWulf