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Apple to Allow External App Stores in Major Overhaul Prompted by EU Regulations – NFT Boom Incoming?
14.12.2022
Tech giant Apple will reportedly allow iPhone and iPad users to install non-App Store apps next year, in its effort to comply with the incoming strict European Union requirements....
Read More: Apple to Allow External App Stores in Major Overhaul Prompted by EU Regulations – NFT Boom Incoming?
Australian 'token mapping' consultation paper to release in early 2023: Treasurer
14.12.2022
The consultation paper will give an insight into how certain crypto assets should be regulated alongside frameworks for company licensing, asset custody and consumer protections under token mapping
US Lawmaker Calls on SEC Chair Gensler to Testify About His Crypto Regulatory Failures
14.12.2022
U.S. Congressman Tom Emmer has called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to testify before Congress and “answer questions about the cost of his regulatory failures.” The lawmaker stressed: “Gensler has repeatedly dodged Congress at...
'You can commit fraud in shorts and T-shirts in the sun,' says SDNY attorney on SBF indictment
13.12.2022
Damian Williams called on individuals who may have been involved in alleged illegal actions at FTX and Alameda to “come see us before we come see you,” hinting at future arrests
FTX hearing: US lawmakers criticize use of Quickbooks, creepy dough, and 'conscientious stupidity'
13.12.2022
Some members of the U.S. House of Representatives questioned whether Sam Bankman-Fried’s actions at FTX and Alameda may have been willful or due to gross incompetence
Today in Crypto: Binance Introduces 'Pay', Law Firm Announces Lawsuits Against Yuga Labs (and Kevin Hart, Justin Bieber, Serena Williams...)
13.12.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Binance Introduces 'Pay', Law Firm Announces Lawsuits Against Yuga Labs (and Kevin Hart, Justin Bieber...
'Old money has all but fled,' Huobi co-founder discusses challenges of running $400M VC fund
13.12.2022
Jun launched the fund amidst the bear market this year and continues to invest in Web 3.0 companies
CFTC files lawsuit against Sam Bankman-Fried, FTX, and Alameda for fraud
13.12.2022
According to the federal regulator, SBF and FTX companies "used FTX customer funds for a variety of personal expenditures" including real estate and private jets
FSB to lay out global standards for crypto regulation: Reports
13.12.2022
Dietrich Domanski, the outgoing secretary general of the FSB, said that recent events highlighted that it's "urgent to address risks" within the space
Fugitive Do Kwon Now Staying in Serbia Report Says — Terraform Labs CEO Suggests SBF Is to Blame for UST Depeg
12.12.2022
A new report has claimed that Do Kwon, the fugitive CEO of Terraform Labs, is currently staying in Serbia. The report added that the South Korean government has engaged the Serbian government regarding the matter. Meanwhile, Kwon has accused Sam Bankman-Fried and Alameda Research of orchestrating...
FTX was an 'utter failure of corporate controls at every level of an organization', says CEO
12.12.2022
Countering some of SBF's claims, John Ray said that “FTX US was not operated independently of FTX.com” and a Chapter 11 filing was necessary to avoid a bank run
Bitcoin’s bear market is far from over, but data points to improving investor sentiment
12.12.2022
Crypto investor sentiment saw a slight upswing, but the potential of a deep liquidity crisis in the sector could keep investors at bay
NYC Mayor stands by Bitcoin pledge amid bear market, FTX: Report
12.12.2022
During Eric Adams’ time in office, the NY state government passed a law which will implement a two-year moratorium on proof-of-work mining, and the crypto market turned bearish
Crypto 2023: It's Sanctions Season
12.12.2022
With state governments increasing financial sanctions in 2022, crypto services might become as cautious about "risky" users as banks have been traditionally, says Anna Baydakova
How Crypto Can Repair Its Reputation in Washington
12.12.2022
Trust in the industry is at an all-time low, but key stakeholders can still rebuild relationships with regulators and politicians by focusing on what makes crypto unique: trustlessness
US Senator Jon Tester Sees ‘No Reason’ Why Cryptocurrencies Should Exist – Regulation Coming?
12.12.2022
United States senator Raymond Jon Tester came after the crypto industry yet again in a Sunday interview, arguing that there is no reason for it even to exist.
Tester is the senior senator from the US state of Montana and the dean of Montana's congressional delegation.
In an interview for NBC’s...
Full Ban on Crypto in Russia Would Be Counterproductive, Rosfinmonitoring Says
11.12.2022
Russian citizens and businesses already own cryptocurrencies, which is why a complete crypto ban would be counterproductive, according to a top executive of Rosfinmonitoring, Russia’s financial intelligence agency. At the same time, the regulator supports prohibiting payments with digital coins...
FTX Co-Founder Sam Bankman-Fried Agrees to Testify Before US Congress
10.12.2022
The co-founder of collapsed crypto exchange FTX, Sam Bankman-Fried (SBF), has agreed to testify at one of the two congressional hearings set for next week. “I had thought of myself as a model CEO, who wouldn’t become lazy or disconnected,” Bankman-Fried claimed. Sam Bankman-Fried...
Sam Bankman-Fried Finally Agrees to Testify Before House Committee Next Week – This is What Happened
10.12.2022
Sam Bankman-Fried, founder and former CEO of FTX, has eventually agreed to participate in the upcoming U.S. House committee’s hearing and testify on the collapse of his crypto empire.
In a Friday tweet, Bankman-Fried said he still does not have access to much data regarding his crypto empire...
Bank of Russia Backs Crypto Mining Bill But Insists Minted Coins Should Be Exported
10.12.2022
The monetary authority in Moscow has expressed support for the latest legislative attempt to legalize cryptocurrency mining. However, the regulator wants the extracted digital currency to be sold outside the country or only under special legal regimes in Russia, as an exception. Russia’s Central...