Search
Brazilian Chamber of Deputies Approves Bill Regulating Crypto Transactions
30.11.2022
The bill still requires the approval of the executive branch before it becomes law
Crypto Exchange Bitfront Shuts Down Amid Industry Challenges
29.11.2022
Cryptocurrency exchange Bitfront has announced its intention to cease operations in the coming months, citing challenges facing the industry. The U.S. trading platform, backed by Japan’s social media giant Line, indicated the decision is unrelated to the collapse of FTX. Line-Supported Digital...
Blockchain Pilgrimage: Regulating Crypto ‘Should Be Combined With Education’ Says Top Wadzpay Executive
29.11.2022
The collapse of Do Kwon’s Terra empire in May, and Sam Bankman-Fried’s FTX in early November 2022, will be remembered as two incidents that put the crypto industry on the back foot. It is now widely expected that regulators around the world will use the two incidents to justify...
JPMorgan Expects Major Changes Coming to Crypto Industry and Regulation Post FTX Collapse
29.11.2022
JPMorgan has outlined key changes it expects in the crypto industry and its regulation following the collapse of crypto exchange FTX. The global investment bank envisages several new regulatory initiatives, including those focusing on custody, customer asset protection, and transparency. JPMorgan...
FTX fall was ‘incredibly damaging,’ crypto must foster real utility: Ripple policy lead
28.11.2022
Ripple’s APAC policy director said the collapse of FTX is exactly why crypto needs to move away from "hype cycles" and towards "real utility."
Billionaire Bill Ackman Discusses Crypto Regulation — Says Industry Must Self-Police or Risks Being Shut Down
28.11.2022
Billionaire Bill Ackman has warned that the crypto industry needs to self-police or it risks being shut down. He added that regulators need more resources to police the bad actors in the crypto space and will likely take years to catch up. Bill Ackman on Crypto Regulation and the Need for Industry...
Binance CEO: Most Governments Understand Crypto Adoption Will Happen Regardless
27.11.2022
Binance CEO Changpeng Zhao (CZ) says that most governments know that crypto adoption will happen regardless of what they do. “It’s better to regulate the industry instead of trying to fight against it,” the Binance executive emphasized. Binance’s CEO on Crypto Regulation...
Crypto Winter No Longer Has Big Impact on Long-Term Industry Growth, EY Executive Says
26.11.2022
EY’s global blockchain leader says that for the first time ever, crypto’s price swings do not have that big of an impact on the long-term growth of the industry. Nonetheless, he stressed: “It is also important that regulators crack down on obvious Ponzi schemes faster and with...
FTX’s collapse could change crypto industry governance standards for good
25.11.2022
Following FTX’s downfall, experts believe that centralized exchanges will be faced with increased regulatory scrutiny, potentially eliminating a lot of players from the fray
Binance Launches Billion-Dollar Crypto Industry Recovery Fund to Restore Confidence After FTX Meltdown
25.11.2022
Binance has committed $1 billion to a crypto industry recovery initiative to restore confidence following the collapse of crypto exchange FTX. Several other crypto companies have joined Binance’s efforts and committed capital for the recovery fund. Crypto Industry Recovery Initiative Launched...
Binance welcomes Web3 leaders to lead Web3 industry recovery
25.11.2022
The major cryptocurrency exchange, Binance, recently announced a collaboration with Web3 leaders. The integration will place them at the helm of Web3 IRI (Industry Recovery Initiative). IRI will create co-investment opportunities for companies trying to build and support Web3. To help users...
IMF calls for tighter crypto regulation in Africa as the industry unfolds
24.11.2022
FTX's collapse is one of the reasons why countries in the region should adopt regulation, noted the monetary fund
Binance says its Industry Recovery Initiative has 7 enrollees, 150 applicants
24.11.2022
The initiative was announced Nov. 24 by CEO Chengpang Zhao (CZ) as an effort to “protecting consumers and rebuilding the industry.”
Deloitte Report: Metaverse Could Be $13 Trillion Industry by 2030 – Here’s What You Need to Know
24.11.2022
The metaverse has the potential to generate an additional $800 billion to $1.4 trillion to Asia’s gross domestic product (GDP) per year by 2035, growing into a market worth up to $13 trillion annually by 2030, according to a recent report by international consultancy Deloitte. ...
Read More:...
Argentine Crypto Exchange Lemon Sheds Roughly 100 Jobs, Citing Challenging Industry Conditions
24.11.2022
Reasons for the 38% cut also include uncertainty in the venture capital market, CEO Marcelo Cavazzoli said
Binance aims to allocate $1 billion for crypto recovery fund
24.11.2022
Binance CEO Changpeng Zhao is aiming to stockpile $1 billion for an industry recovery fund
NYC Mayor Undeterred by FTX Collapse — Insists Crypto Is an Industry ‘We Must Embrace’
24.11.2022
The mayor of New York City, Eric Adams, is not discouraged by the collapse of crypto exchange FTX and heavy market sell-offs. Noting that crypto is coming whether we like it or not, he stressed the importance of moving into this space. NYC’s Mayor on FTX Collapse and the Importance...
Industry confident in NFTs amid FTX collapse: Nifty Newsletter, Nov. 16–22
23.11.2022
Despite the effects of the FTX debacle, many industry players remain positive and hopeful that NFTs will recover
MEXC Global Vice President Andrew Weiner Explains the Appeal of Futures Trading
23.11.2022
A 6-year veteran of the crypto industry, Andrew Weiner serves as the Vice President of MEXC Global. As the former executive of RegTech and digital identity pioneer iComplyKYC, he worked with notable brands that include Thomson Reuters, ComplyAdvantage, IBM, Mastercard, Deloitte, and KPMG to deliver...
US Senators Urge Fidelity to Stop Offering Bitcoin in 401(k) Plans Citing FTX Collapse, ‘Serious Problems’ in Crypto Industry
23.11.2022
Several U.S. senators have called on Fidelity Investments to reconsider allowing bitcoin in 401(k) retirement plans. “The recent implosion of FTX, a cryptocurrency exchange, has made it abundantly clear the digital asset industry has serious problems,” the lawmakers told Fidelity...