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Coinbase Picks Ireland as EU Hub

19.10.2023
Forthcoming European laws known as MiCA will allow the exchange to serve the entire EU bloc with a single license

German Regulator Warns Consumers About MEXC's Crypto Custody

19.10.2023
The Federal Financial Supervisory Authority warned consumers that the MEXC exchange has been offering financial services without authorisation to do so

FTX Used Billions in Customer Funds to Buy Back Binance Stake

19.10.2023
Binance CEO Changpeng Zhao said in a 2022 post the company had received over $2.1 billion in binance usd (BUSD) stablecoins and FTX’s FTT tokens

Binance US Suspends Withdrawals in US Dollars

19.10.2023
Crypto exchange Binance US has suspended withdrawals in U.S. dollars. Users who want to withdraw their USD funds must first convert them into stablecoins or other cryptocurrencies, which can then be withdrawn. Binance US Updates Dollar Withdrawal Policy Binance US, the U.S.-based cryptocurrency...

Top U.S. Bank Regulator Faulted for Lack of Crypto Guidance to Banks

18.10.2023
The U.S. Federal Deposit Insurance Corp. (FDIC) has left the banks it oversees unequipped to navigate the regulator's crypto expectations, according to the agency's inspector general, so the FDIC agreed to field a new strategy by January

U.S. Sen. Warren Leads Lawmakers to Push Administration on Crypto-Backed Terrorism

18.10.2023
U.S. Sen. Elizabeth Warren (D-Mass.) led more than a hundred lawmakers in demanding top officials share their plans for heading off crypto-financed terrorism

Sam Bankman-Fried Witness Contrasts His Public Comments With FTX's Dangerous Secrets

18.10.2023
Former FTX lobbyist Eliora Katz appeared to mostly be on the stand to allow prosecutors to bring attention to Bankman-Fried's tweets and House testimony, and how they differed from the secret reality that led to the crypto exchange's demise

Digital Euro Project Moves to 'Preparation' Phase

18.10.2023
The move is not a decision to issue a central bank digital currency, the European Central Bank said Wednesday

U.S. Treasury Targets Gaza Crypto Business in Sanctions to Squeeze Hamas

18.10.2023
The Treasury Department issued a list of sanctions that included a business providing money transfers and digital assets exchange services in Gaza

Crypto World Cautiously Hopeful as California Acts in Absence of U.S. Feds

18.10.2023
Crypto insiders feel they've been burned before in the cauldron of New York’s BitLicense, but they fell that California’s implementation leaves some room for hope

U.S. Crypto Regulatory Fog Keeps Standard Chartered Rooted in UAE, Asia

18.10.2023
Standard Chartered chose Dubai to launch crypto services from. However, reading between the lines, almost anywhere is preferable to the U.S. – that’s the message coming from banks and large institutions

DLT Securities Rules Are Here to Stay, EU Official Says

18.10.2023
New European laws took effect in April, but fears over its limited scale may have inhibited take-up

EU Privacy Watchdog Takes Aim at ‘Excessive Centralization’ of Digital Euro

18.10.2023
The central bank digital currency has met significant opposition from lawmakers worried over excessive state snooping

(One Part of) SBF's Defense Strategy Starts Paying Off

18.10.2023
All three of Sam Bankman-Fried’s “inner circle” members have now testified against the FTX founder, and all three have presented similarly on the witness stand: clearly rehearsed, adamant that the FTX founder was in charge and careful not to stray too far from their well-practiced narratives. They...