Search
Bank of England Committee Calls for Enhanced Crypto Regulation to Limit Contagion
5.7.2022
The loss $2 trillion of crypto market cap over a period of months has “underscored the need for enhanced regulation,” the Bank of England’s Financial Policy Committee said
First Mover Americas: It’s Ugly in Crypto With $200M of Margin Calls, Founders Selling Homes and Comparisons to 2008
1.7.2022
The latest price moves in bitcoin ($BTC) and crypto markets in context, for July 1, 2022
Citi calls out potential risks of crypto-backed mortgages and benefits of metaverse property
29.6.2022
"Ultimately, the cryptocurrency may be liquidated if the collateral value falls below a certain threshold, such as 35% of the property value,” said the report
Crypto Miners Face Margin Calls, Defaults as Debt Comes Due in Bear Market
29.6.2022
With revenues drying up, crypto miners are struggling to meet loan obligations, which total up to $4 billion for the industry
Glassnode Report Says Bitcoin’s 2022 Price Drop Represents a Bear Market of ‘Historic Proportions’
28.6.2022
The crypto economy has slipped under the $1 trillion mark to the $970 billion range, as a large number of digital currencies have lost more than half their USD worth since November 2021. Bitcoin is down 70% from the all-time high last year, and a new report from Glassnode Insights calls the current...
Cryptoys Raises $23 Million to Mix NFTs, Gaming, and Virtual Toys
28.6.2022
Cryptoys, an NFT-based startup, announced it has raised $23 million in a Series A funding round led by a16z. The company, which seeks to mix NFTs with the world of gaming and virtual toys, will create what it calls a “cryptoyverse,” in which it will also implement play-to-earn...
China’s BSN chair calls Bitcoin Ponzi, stablecoins 'fine if regulated'
27.6.2022
Stablecoins like USDT and USDC would be doing just fine if properly regulated, while Bitcoin is a "Ponzi scheme" in any case, China's BSN chair told Cointelegraph
SEC Chair Gensler Proposes ‘One Rule Book’ Crypto Regulation
27.6.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reportedly proposed “one rule book” for the regulation of crypto assets. “If this industry is going to take any path forward, it will build some better trust in these markets,” said...
British MP Calls for ‘Liberal’ Crypto Regulation — Says ‘No Country Can Stop This Revolution’
26.6.2022
British Parliament Member Matt Hancock has called for “liberal” cryptocurrency regulation, noting that no country can stop the crypto revolution. “I hate the patronizing idea of regulators telling people what they can and can’t do with their money,” the lawmaker...
Swiss Regulator Urges Financial Watchdogs to Protect Crypto Investors
24.6.2022
Crypto trading is increasingly similar to the U.S. stock market of the late 1920s, the head of the Swiss financial watchdog has remarked. The high-ranking official believes that regulatory agencies around the world should do more to ensure investor protection. Swiss Financial Watchdog Executive...
Fed Chair Powell Says Soft Landing Will Be 'Challenging,' Calls for Crypto Regulation
22.6.2022
ECB head calls for separate framework to regulate crypto lending
22.6.2022
Christine Lagarde introduced a “MiCa II” idea to cover the issues yet untouched by European regulators
SEC Chair Warns of ‘Too Good to Be True’ Crypto Products — US Treasury Calls for Urgent Regulation
21.6.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned the public about crypto investments that seem “too good to be true.” Meanwhile, the U.S. Treasury Department says that the recent crypto market turmoil underscores the urgent need...
Three Arrows Capital has failed to meet margin calls: Report
16.6.2022
Crypto lender BlockFi was among several companies to liquidate at least some of 3AC’s positions, according to a new report
Treasury Minister of El Salvador Dismisses Bitcoin Investment Losses, Calls Media Reports Biased
16.6.2022
Alejandro Zelaya, the treasury minister of El Salvador, called out the critics of the investments that his country, through the action of President Nayib Bukele, has made in bitcoin. Zelaya stated that there had not been any losses because the bitcoin purchased — around 2,300 BTC —...
Celsius Reportedly Taking Advice from Citigroup, CEO Mashinsky Calls for ‘Patience’ and 'Support'
16.6.2022
The ailing crypto lender Celsius Network (CEL) has reportedly hired the financial giant Citigroup to advise it on its options after Celsius suspended withdrawals, swaps, and between-account transfers earlier this week. Meanwhile, Celsius’ under-fire CEO Alex Mashinsky has returned to Twitter....
South Korean Government Calls for Voluntary Regulations From Crypto Industry
15.6.2022
The executive power and the ruling party in South Korea have urged the cryptocurrency industry for what officials describe as voluntary regulatory measures, a Korean media report revealed. The call was issued during a consultative meeting devoted to crypto assets. Government Asks South Korean...
Swan Bitcoin CEO Calls Celsius Withdrawal Freeze ‘So Opaque’
15.6.2022
Swan Bitcoin CEO Cory Klippsten said on CoinDesk TV’s “First Mover” program that the crypto lending platform Celsius had misled investors
Swan Bitcoin CEO Calls Celsius Withdrawal Freeze ‘So Opaque’
15.6.2022
Swan Bitcoin CEO Cory Klippsten said on CoinDesk TV’s “First Mover” program that the crypto lending platform Celsius had misled investors
EU Finance Commissioner Calls for Speedy Passage of Crypto Law
14.6.2022