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Celsius’ Path to Recovery Hindered by SEC Challenges: Report


Source: Pixabay Bankrupt cryptocurrency lending company Celsius’ recovery plan has hit a road block with the US Securities and Exchange Commission. Coindesk reported on Monday that the SEC wants more information about the bankrupt crypto lender’s assets, citing a source familiar with the matter....

Digital Hong Kong Dollar Pilot Plan to Enter Second Phase Next Year


Source: HKMA The Hong Kong Monetary Authority (HKMA) is set to initiate the second phase of its digital Hong Kong Dollar project next year, focusing on the exploration of innovative applications and reinforcing collaborations across the financial industry. During the Fintech Foresight Seminar held...

Ramaswamy Shares Crypto Plan, Making Him the Only GOP Candidate Who Has One


Republican presidential candidate Vivek Ramaswamy has a message for most of the employees at the U.S. Securities and Exchange Commission (SEC) if he's elected to the White House: You're fired. And everybody still left at their desks would need to back off the crypto industry, according to...

Valve Has A Plan To Stop Bots And Resellers Buying Out The New Steam Deck


On November 16, Valve will let folks purchase a new Steam Deck OLED Limited Edition model, which features all the upgrades of the base OLED version of the portable PC, but with some extra cosmetic details, too. And to help folks actually get a chance to buy this thing, Valve is implementing some...

Celsius Bankruptcy Saga Nears Closure as Court Approves Restructuring Plan


In a pivotal moment for Celsius Network LLC and its affiliates, the Southern District of New York Bankruptcy Court has issued a confirmation order for the modified joint Chapter 11 Plan of the crypto lender. The approval sets the stage for a significant overhaul following the tumultuous financial...

UK Crypto Regulation Plan Draws Criticism from Former FCA Head


Charles Randell, former chair of the Financial Conduct Authority (FCA), has criticized the UK government’s plans to regulate the crypto industry in a way similar to traditional financial investments. His comment comes as the UK government is moving forward with its plans to regulate...

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