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Crypto Biz: Coinbase’s lending bet, a new ads policy at Google and Marathon’s mining performance
8.9.2023
This week’s Crypto Biz explores Coinbase's lending platform, Marathon Digital’s latest Bitcoin mining report, Hana Bank’s move to offer crypto custody and Google’s new crypto ads policy
U.S. Fed’s Vice Chair Barr Says CBDC Decision Still a ‘Long Way’ Off
8.9.2023
The U.S. is far from making any decision on a central bank digital currency (CBDC), said Federal Reserve Vice Chairman Michael Barr, who described the Fed as still being in the “basic research” phase
Taiwan Crypto Watchdog to Issue 10 Guiding Principles for Virtual Assets in September: Report
8.9.2023
The East Asian country plans on setting out that crypto businesses should keep customers payments separate from their own tokens and that unregistered overseas firms should not solicit business in the country
Key G20 Policy Paper Suggests Against Blanket Crypto Ban, Calls for Comprehensive Regulatory Oversight
8.9.2023
A joint synthesis paper from the International Monetary Fund (IMF) and the Financial Stability Board (FSB) on crypto regulations is set to be presented to G20 members during the leadership summit under India's presidency on 9th and 10th September.
The key policy paper, released on Thursday...
11,196 Years Jail Sentence for Faruk Özer, CEO of Collapsed Turkish Crypto Exchange Thodex
8.9.2023
Faruk Fatih Özer, the founder of the collapsed Turkish crypto exchange Thodex, his sister Serap Özer and his brother Güven Özer have been sentenced to 11,196 years, 10 months and 15 days in prison
CFTC Goes After Opyn, Other DeFi Operations in Enforcement Sweep
8.9.2023
The Commodity Futures Trading Commission (CFTC) has charged three decentralized finance (DeFi) operations – Opyn, Inc., ZeroEx (0x), Inc. and Deridex, Inc. – with offering illegal derivatives trading, according to a Thursday statement from the agency
North Korea's 'Lazarus' Hackers Stole $41 Million From Crypto Gambling Site, FBI Says
7.9.2023
The Lazarus Group has been targeting crypto companies for years now
Ex-FTX Executive Ryan Salame to Forfeit $1.5B as Part of Guilty Plea
7.9.2023
Prosecutors say Sam Bankman-Fried used Salame as a “straw donor” to secretly funnel millions of dollars to Republican political candidates
CFTC Commissioner Pitches Pilot Program for U.S. Crypto Regulation
7.9.2023
The U.S. watchdog for derivatives markets should create a limited pilot program for regulating cryptocurrencies, said Caroline Pham, one of the members of the Commodity Futures Trading Commission (CFTC)
SEC’s Gensler Should Be Focus of More Hearings on Treatment of Crypto: U.S. Senator
7.9.2023
Sen. Bill Hagerty (R-Tenn.) previewed the lawmaker ire in store for U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler as Congress returns from its summer break, with Hagerty accusing the regulator of stomping on crypto innovation during a speech on Thursday
UK Crypto Firms Can Apply for 3-Month Reprieve to Comply With Tough New Ad Rules
7.9.2023
Bans on aggressive marketing were set to take effect in October, but companies can apply to delay some aspects until January
Today in Crypto: 80 Massive Crypto Influencers Removed From Weibo, IMF and FSB Jointly Publish Crypto Policy Recommendations, DFINITY Foundation Partners with Lugano
7.9.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: 80 Massive Crypto Influencers Removed From Weibo, IMF and FSB Jointly Publish Crypto Policy...
Former FTX Executive Ryan Salame Will Plead Guilty to Charges: Bloomberg
7.9.2023
Find Who’s Responsible for DeFi Projects and Regulate Them, Global Securities Body Says
7.9.2023
Iosco worries decentralized financial applications could harm investors and markets – and casts doubt on their main premise
Find Who’s Responsible for DeFi Projects and Regulate Them, Global Securities Body Says
7.9.2023
Iosco worries decentralized financial applications could harm investors and markets – and casts doubt on their main premise
Google Updates Crypto Ads Policy, Clarifies Rules for Blockchain Games
7.9.2023
Search engine behemoth Google has revised its advertisement policy on cryptos, allowing blockchain-based non-fungible token (NFT) ads, as long as they adhere to ad requirements and do not advocate gambling-related content....
Read More: Google Updates Crypto Ads Policy, Clarifies Rules...
IMF, FSB release joint policy recommendations for crypto assets
7.9.2023
The policy paper includes recommendations for regulating activities related to stablecoins and decentralized finance (DeFi)
Blanket Crypto Bans Won’t Work, Joint IMF, FSB Paper Warns
7.9.2023
The global standard-setters instead suggest targeted restrictions when necessary, and urges jurisdictions to strengthen monetary policy frameworks
Ripple Labs chair slams Biden, Gensler for having ‘screwed up’ on crypto
7.9.2023
Ripple Labs chair Chris Larsen commented on the recent cases involving Ripple, Grayscale, and the SEC, arguing it is time for Congress to take the lead on crypto policy
Cboe's BZX Exchange Files to Launch Ark 21Shares, VanEck Spot Ether ETFs
6.9.2023
Cboe's BZX exchange filed the first documents in a bid to offer the first spot ether exchange-traded funds in the U.S