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Fed Governor Bowman Says U.S. CBDC May Pose 'Significant Risk'
17.10.2023
Governor Michelle Bowman suggests other payments services, including FedNow, may do a CBDC's job better, and she's also suspicious of the dangers of stablecoins
SBF Trial: For Once, Bankman-Fried's Lawyer Lands a Punch
17.10.2023
Sam Bankman-Fried's former colleague, Nishad Singh, will have to answer questions from the FTX founder's lawyer about the last few years of the exchange's operations
Why Congress Will Be the Dollar’s Downfall
17.10.2023
Congressional inaction is likely to cause de-dollarization as the country’s foes — and friends — move even faster to get off the U.S. dollar. Americans deserve to know what’s at risk so we can vote accordingly, and get the economy we deserve
What’s Holding Crypto Back? It’s the Founders, Not Just Regulators
17.10.2023
The Sam Bankman-Fried Trial Is Revealing Crypto's Amateur-Hour Ways
17.10.2023
Paradigm, BlockFi, Genesis and other companies did not have access to audited financial statements prior to investing or loaning billions to FTX, FTX.US. and Alameda Research, according to testimonies given in the trial of Sam Bankman-Fried. Rather, these investors and lenders looked at unaudited...
Binance.US Halts Direct Dollar Withdrawals
17.10.2023
Dollar deposits in user wallets are no longer eligible for FDIC insurance protection, according to the updated terms of use
Ripple VP: The Policy Considerations 'Justifying the Implementation of CBDCs'
17.10.2023
Central bank digital currencies have nearly limitless opportunity but ultimately, mainstream adoption hinges upon usability, Ripple Vice President James Wallis writes
Pennsylvania Lawmaker Scraps Crypto Mining Ban to Advance Energy Conservation Bill
17.10.2023
The state's Environmental Resources and Energy Committee accepted the amended bill on Monday by a slim margin
Banks Must Disclose Crypto Exposures, Global Regulator Says
17.10.2023
The guidance will ensure transparency and market discipline, the Basel Committee on Banking Supervision said
EU Regulator Warns of ‘Opaque’ Crypto Firms as It Seeks to Close MiCA Loopholes
17.10.2023
The European Securities and Markets Authority doesn’t want foreign companies operating via EU “letterbox” entities
SBF Trial: FTX Exec Felt ‘Suicidal’ in Crypto Exchange’s Final Days
17.10.2023
Nishad Singh told a jury on Monday that his September meeting with Bankman-Fired was the first time he realized that Alameda, FTX’s sister trading firm, had spent billions of dollars of FTX user deposits, and had left a gaping hole in both companies’ balance sheets
Israel Freezes 100 Binance Accounts Over Suspected Hamas Links: FT
17.10.2023
Authorities requested information on some 200 other crypto accounts, the FT said, citing people familiar with the matter
FTX Plans to Return 90% of Customer Funds, But There's a Catch
17.10.2023
An amended proposal released early Tuesday will be filed by the FTX Debtors by mid-December if approved
Pennsylvania crypto mining permit halt cut from bill after union pressure
17.10.2023
The bill’s sponsor Greg Vitali included a clause that instead subjects miners to ongoing reporting requirements to get the bill past a House Committee
Genesis Ordered to Comply With Terra Subpoena Within 5 Days
16.10.2023
The crypto firm failed to comply with requests made as part of a probe into the collapsed stablecoin, a New York judge said
LIVE: Former Top FTX Executive Nishad Singh Takes Stand in Case Against Sam Bankman-Fried
16.10.2023
Former FTX engineering head Nishad Singh, another member of the company's inner circle, took the stand early Monday to testify against his former boss and friend
Where Is Crypto Policy Heading in a Post-FTX World?
16.10.2023
CoinDesk’s “State of Crypto” Week looks at the prospects for digital assets legislation and regulation in Washington D.C
California 'BitLicense' Bill Signed by Gov. Newsom
16.10.2023
The Digital Financial Assets Law will take effect on July 1, 2025
SBF Trial: What Did FTX’s Terms of Service Say About Customer Funds?
16.10.2023
A filing last week suggests Sam Bankman-Fried's defense wants to get back to the argument that Bankman-Fried did not technically commit wire fraud because FTX’s terms of service were worded in such a way that there's no case to argue funds were misappropriated
Australia Proposes New Licensing Regime for Crypto Exchanges, Aims for Draft Legislation by 2024
16.10.2023
Australia expects to release a draft legislation which covers licensing and custody rules for crypto asset providers by 2024