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Meaning of FTX Fall Depends on One’s Politics, US Senate Hearing Shows


The fallout of the FTX collapse has left U.S. lawmakers spinning two distinct narratives: Democrats hail their financial regulators as heroes whose caution saved the disaster from threatening the wider financial system, and Republicans argue it proves resistant agencies chased crypto firms away...

US Treasury Begins Public Consultation on How to Regulate Crypto


The US Department of Treasury is seeking public opinion on the “responsible development of digital assets.” Its questions focus on a variety of crypto-related aspects, including decentralized finance (DeFi), non-fungible tokens (NFTs), mixers, virtual asset service providers (VASPs), and...

GBP/USD Reaches 1.1500 With UK Politics and Brexit Testing Buyers


The week started well for the Britain Pound Sterling, but the currency does not appear to be holding its progress. Wednesday witnessed the GBP/USD pair falling back to 1.1500, fading its corrective bounce off the weekly low. Most UK forex brokers believe the reason behind this dip to be...

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