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Gensler Hearing Shows Key Senate Democrat Digging in Heels on Crypto
12.9.2023
While U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler was in the hot seat at a Senate hearing on Tuesday, the most important crypto sentiments may have come from Sen. Sherrod Brown (D-Ohio), who tarred much of the industry as dangerous fraudsters
Incoming BOE Deputy Governor Highlights Crypto Risks, Cites Benefits at Parliamentary Hearing
12.9.2023
There are benefits to crypto technology, and the digital pound could anchor digital money, Sarah Breeden said
Hong Kong-Israel CBDC Project Examines Security, Privacy, Accessibility
12.9.2023
Central banks say their new technology can be secure and accessible while promoting privacy
CNA Insurance excludes NFTs from coverage of $20M trust policy
12.9.2023
The insurer attached an exclusion saying that any losses, damage, claim, occurrence or lawsuit related to NFTs are not covered by the policy
Former Celsius CEO Alex Mashinsky Seeks to Quash U.S. FTC Case
12.9.2023
Mashinsky was arrested in June on allegations of misleading investors and manipulating tokens, and also faces parallel actions from multiple regulators
Standard Chartered-Backed Zodia Custody Now Available in Singapore
12.9.2023
Zodia Custody, a cryptocurrency storage provider and a subsidiary of Standard Chartered, has launched in Singapore, to provide digital asset custody services for financial institutions
DOJ 'Overreaching' in Trying to Block Sam Bankman-Fried's Proposed Witnesses, Defense Says
12.9.2023
Prosecutors with the U.S. Department of Justice are trying to limit FTX founder Sam Bankman-Fried's right to a fair trial by moving to block all of his proposed expert witnesses, defense attorneys said. The DOJ, for its part, said the defense mischaracterized a proposed prosecution witness's...
Sam Bankman-Fried, DOJ Propose Jury Questions Ahead of October Trial
12.9.2023
Attorneys for FTX founder Sam Bankman-Fried and the U.S. Department of Justice filed their proposed jury instructions and
Defiant Gensler Returns to Crypto Grievances Ahead of Senate Testimony
11.9.2023
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is doubling down on his crypto objections in his first remarks following the second recent court setback in his agency’s sweeping legal fight with the industry
FTX Holds $1.16B in SOL, $200M in Bahamas Real Estate, Court Filing Says
11.9.2023
The company says it paid billions to executives including founder Sam Bankman-Fried before filing for bankruptcy last year
Coinbase Exchange Remains Inactive in India, While Other Operations Are Still Active
11.9.2023
Coinbase continues to operate its tech-hub in India and provide wallet services to Indian customers while its exchange operations remain suspended
India Will Decide on Its Crypto Stance in Coming Months
11.9.2023
India's individual position on crypto will be analyzed and decided on in the coming months after considering what global leaders agreed to as an acceptable framework for crypto rules as part of the Group of Twenty (G20) deliberations
Digital Euro Conspiracy Theories and Privacy Concerns Put EU Central Bankers in the Hot Seat
11.9.2023
Officials promise privacy controls for the possible new CBDC, but are less clear how to respond to wilder reactions
Fed Official: Digital Dollar Decision Still a Long Way Off
10.9.2023
The Federal Reserve’s vice chair for supervision has affirmed that the U.S. central bank is “a long way” from making a decision on whether to issue a central bank digital currency (CBDC). The Fed official also voiced concerns regarding USD stablecoins, emphasizing that they...
DOJ Claims About Sam Bankman-Fried's Laptop Access Are 'Inaccurate', Defense Alleges
9.9.2023
IMF and FSB Release ‘Policies for Crypto Assets’ at G20 Request
9.9.2023
The International Monetary Fund (IMF) and the Financial Stability Board (FSB) have published their synthesis paper titled “Policies for Crypto Assets,” which was developed at the request of the Indian G20 Presidency. The global organizations “have set out a roadmap to ensure effective...
SEC Counters Ripple in Effort to Appeal Groundbreaking XRP Ruling
8.9.2023
Whether or not Ripple violated securities law in making XRP available to retail investors by putting it on crypto exchanges is absolutely a question that needs appeals court intervention, the U.S. Securities and Exchange Commission (SEC) argued Friday
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