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First Mover Asia: Here’s What Might Happen to Sino Global’s Liquid Value Fund During FTX’s Bankruptcy Protection Proceedings
8.12.2022
Crypto Twitter wanted to know the potential consequences of having Alameda and Sam Bankman-Fried as partners in a fund. So we asked a Hong Kong-based lawyer who specializes in asset tracing and recovery; bitcoin dips but not much
Crypto consumer protection, proof of reserves bills introduced into US Congress
7.12.2022
New York Democrat Ritchie Torres introduced the short bills, which are meant to supplement more comprehensive legislation, earlier this month with little fanfare
EU Parliament to ‘Vote on Adopting the Regulation on MiCA’ — Expert Says Industry Needs Legal Clarity
3.12.2022
In a recent statement, the European Parliament said its members would shortly “vote on adopting the regulation on markets in crypto-assets (MiCA).” According to the parliamentary body’s think tank, the envisaged regulations are expected to provide “legal certainty...
Crypto Exchange Zipmex Secures Creditor Protection Extension as Court Sets Deal Deadline
2.12.2022
Zipmex, the South Asian exchange that froze withdrawals due to a shortfall in liquidity earlier this year, has secured creditor protection for all of its entities until April next year, according to an update on the company's website
Hong Kong working on investor protection regulations, says central bank exec
2.12.2022
Hong Kong central bank executive looked optimistic about the future of decentralized tech, while the Korean central bank governor has his doubts in the wake of the recent crypto contagion
Crypto Markets Today: CFTC Chair Proposes Pause to Overhaul Digital Commodities Consumer Protection Bill
1.12.2022
Rostin Behnam made the suggestion as regulators and the crypto industry continue processing the implosion of crypto exchange giant FTX. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Compass Mining Launches Bitcoin Miner Protection Plan
1.12.2022
The plan is initially available to customers hosted in Texas, South Carolina, Nebraska and Oklahoma
Report: Nigerian Securities Regulator to Exclude Crypto in its Digital Asset Agenda
30.11.2022
According to Lamido Yuguda, the director general of the Nigerian Securities and Exchange Commission, the regulator does not plan on including cryptocurrencies in its digital asset agenda. Yuguda reportedly said the commission will only change its stance on cryptos when Nigerian regulators agree...
US lawmaker questions major crypto exchanges on consumer protection amid FTX collapse
29.11.2022
Binance, Coinbase, Bitfinex, Gemini, Kraken and KuCoin were targets of one senator's probe into protections the firms had in place if a failure similar to FTX's occurred again
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...
Crypto Markets Today: BlockFi Files for Bankruptcy Protection, MakerDAO Rejects $500M Proposal to Invest in Bonds and BTC Slides
28.11.2022
Crypto prices dived amid continued market contagion triggered by the FTX collapse earlier this month. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Crypto Lender Blockfi Files for Bankruptcy Protection to ‘Maximize Value for All Clients’
28.11.2022
On Nov. 28, 2022, the crypto lender Blockfi informed the public via a press release that the company has voluntarily petitioned for Chapter 11 bankruptcy protection. Blockfi is now one of many digital currency businesses dealing with significant financial hardships and bankruptcy proceedings...
RegTech Africa Conference set to elevate national policy on financial inclusion, consumer protection, and cybersecurity
28.11.2022
Digital financial services hold great promise as a means to enable financial inclusion and thus help improve people’s lives. However, cybercrime has become a key concern in developing and emerging markets and threatens to hinder global advances in building a more inclusive digital society. Whilst...
Crypto Influencer Bitboy Flies to the Bahamas to Question Former FTX Exec Sam Bankman-Fried
27.11.2022
Its been 16 days since FTX filed for Chapter 11 bankruptcy protection in the U.S. and the former FTX CEO Sam Bankman-Fried (SBF) is allegedly still hunkering down at his seaside resort in the Bahamas. This weekend, the Youtuber known as Bitboy decided to fly down to Nassau in order to question...
Crypto Self-Custodying Offers Protection Amid FTX Exchange Fallout
24.11.2022
Huge losses of funds at FTX have shaken the trust of crypto investors, but private keys and crypto wallets can protect investors from fraud and mismanagement
DCG Subsidiary Foundry to Acquire 2 ‘Turnkey’ Bitcoin Mining Facilities From Compute North
23.11.2022
Digital asset mining and staking firm Foundry has agreed to purchase two “turnkey” bitcoin mining facilities from Compute North, a bitcoin miner that filed for Chapter 11 bankruptcy protection on Sept. 22, 2022. Foundry says the two data centers have a total power capacity of around...
$333 Million in Bitcoin Vanished from FTX Days Before the Company Filed for Bankruptcy Protection
20.11.2022
While it’s widely reported that hundreds of millions of dollars in Ethereum-based tokens were siphoned from the FTX wallet after the company filed for bankruptcy on Nov. 11, 2022, another $333 million worth of FTX-related bitcoins somehow vanished as well. At one point, FTX held $3.3 billion...
Crypto Exchange FTX Fires 3 Top Executives, Report Reveals
19.11.2022
Three high-ranking executives of failed cryptocurrency exchange FTX have reportedly been dismissed. Among them is one of the co-founders of what was one of the industry’s largest trading platforms, which is currently in bankruptcy proceedings in the U.S. court system. 3 Members of FTX Management...
People Are Still ‘Bullish’ About FTT and CEL, 2 Tokens Backed by Bankrupt Crypto Businesses
18.11.2022
Despite the recent collapse and the exchange filing for bankruptcy protection, crypto traders are still paying more than a U.S. dollar for FTX’s FTT token on Friday, Nov. 18, 2022. FTT was once a top-30 crypto asset, and now the token has no rank on specific coin market aggregation sites...
Crypto Exchange Zipmex Asks for Creditor Protection Extension With Takeover Talks 'Ongoing'
18.11.2022
Troubled cryptocurrency exchange Zipmex remains in talks with an investor over a takeover deal, according to one person familiar with the matter