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Nalezeno "committee": 734

FTX creditor committee hires Paul Hastings LLP for bankruptcy proceedings: Report

22.12.2022
After evaluating several law firms, FTX's unsecured creditors' committee has chosen a legal adviser

US senator Toomey introduces stablecoin bill as congressional session wraps up

22.12.2022
The soon-to-retire senator introduced the new stablecoin bill only a few weeks before the end of the 117th US congressional session

Genesis and DCG seek path for the recovery of assets amid liquidity issues

21.12.2022
According to the co-founder of Gemini, Cameron Winklevoss, Houlihan Lokey is working on behalf of the Creditor Committee to resolve the liquidity issues at Genesis

Binance Joins Executive Committee of U.S. Blockchain Industry Lobby Group - Here’s Why it Matters

21.12.2022
Binance, the world’s largest crypto exchange by trading volume, has joined the Chamber of Digital Commerce in a move that is expected to boost its lobbying power over new crypto regulations. Per a blog post published by Binance on Tuesday, the move to join the Chamber is part of an effort to “move...

Gemini Creditor Committee Presents Plan to Resolve Liquidity Issues

21.12.2022
The creditor committee expects to hear from Genesis and DCG by the end of the week

Next House committee chair reintroduces bill on crypto innovation

19.12.2022
Under the proposed bill, companies could apply for an “enforceable compliance agreement” with offices at federal financial agencies that would allow for a regulatory path forward

Basel Committee Finalizes Rules for Bank Exposure to Cryptocurrency Assets

19.12.2022
The Basel Committee, the organization in charge of setting global bank standards, has finalized its new rules related to banks and cryptocurrency exposure. The document establishes two different crypto asset classes, including tokenized real assets and stablecoins in one, and other cryptocurrencies...

Nigeria set to pass bill recognizing Bitcoin and cryptocurrencies

19.12.2022
The slated law comes as Nigeria's eNaira has only managed to obtain a 0.5% adoption rate 12 months after its launch in Oct. 2021

US Senate banking chair floats possibility of banning crypto

19.12.2022
Despite suggesting a possible ban, U.S. Senator Sherrod Brown stated it would be “very difficult” to implement because activity “would go offshore.”

Gemini Forms Creditors Committee With Houlihan Lokey to Resolve Genesis Liquidity Issues

18.12.2022
Roughly two weeks ago a report from the Financial Times (FT) claimed Genesis Global Capital owed $900 million to Gemini customers and the publication’s sources noted that the exchange was attempting to recover the funds by creating a creditors committee. 31 days after Gemini paused the Earn...

Basel Committee Endorses Global Crypto Banking Rules to be Implemented by 2025

16.12.2022
The rules suggested that a banks exposure to certain crypto assets must not exceed 2% and should generally be lower than 1%

New House Financial Services Committee chair wants to delay crypto tax changes

16.12.2022
U.S. Republican Representative Patrick McHenry called for clarification on a “poorly” written digital asset tax provision in a letter to the Treasury

Incoming House Financial Services Committee Chair Asks Secretary Yellen to Delay Crypto Tax Provision

15.12.2022
Rep. Patrick McHenry, the soon-to-be chair of the House Financial Services Committee, wrote a public letter to Treasury Secretary Janet Yellen asking her to delay the implementation of the tax provision in last year's infrastructure law

US Trustee names Wintermute on creditor committee in FTX bankruptcy case

15.12.2022
The committee would play a role in representing creditors who lost funds or were otherwise affected by the downfall of FTX, reported to be one million people

Wintermute, Venture Cap Octopus Given Seats on Key FTX Creditor Committee

15.12.2022
The crypto firms and individual investors will play a key role in representing the issues of the million or so potentially owed money by Sam Bankman-Fried’s company

Federal Reserve Hikes Rate by 50bps, FOMC Signals Rate to Rise to 5.1% Next Year

14.12.2022
The U.S. central bank’s Federal Open Market Committee (FOMC) convened on Wednesday and raised the federal funds rate by 50 basis points (bps). The 0.5 percentage point rise follows the four consecutive three-quarters of a point increases codified during the last few months. The FOMC’s...

Biggest Movers: SOL Hits 3-Week High, as ADA Consolidates Ahead of FOMC Meeting

14.12.2022
Solana surged to a three-week high ahead of this afternoon’s Federal Open Market Committee meeting (FOMC). The token rose for a second consecutive day, hitting a key price ceiling in the process. Cardano mainly consolidated on Wednesday, as prices fell from a recent high. Solana (SOL) Solana...