Gensler’s approach toward crypto appears skewed as criticisms mount
While the SEC chairman has promised to make crypto safer for everyone, the recent slew…
Month: December 2022
SBF ‘willing’ to testify at House hearing on the FTX collapse
Despite missing a response deadline, Sam Bankman-Fried says he’s willing to testify at a U.S….
Bitcoin bulls protect $17K as trader eyes key China BTC price catalyst
China offers a potential leading indicator for Bitcoin price strength with U.S. economic data due…
Florida best-prepared US state for widespread crypto adoption: Research
While US the most dominant player in crypto, a state-wise analysis reveals that not all…
Bank of Russia Backs Crypto Mining Bill But Insists Minted Coins Should Be Exported
The monetary authority in Moscow has expressed support for the latest legislative attempt to legalize…
Report: Chipper Cash Valuation Dropped to $1.25 Billion After it Secured Additional Funding From FTX
After Chipper Cash ended 2021 as one of Africa’s most valued fintechs, the FTX-backed startup’s…
European Union to Put a 10,000-Euro Limit on Cash Payments; Transactions Over €1,000 in Crypto Will Be Scrutinized
The states of the European Union have convened to establish a new limit on cash…
US DOJ reportedly investigating FTX CEO for siphoning funds out of the US
The anonymous informant revealed that DOJ officials met with FTX’s court-appointed overseers to discuss the…
Argentina Organizes National Blockchain Committee to Implement State Level Strategy
The government of Argentina has designated a national blockchain committee in order to establish the…
Meme Coin Economy Heals After the FTX Fiasco Swelling by $1.4 Billion in 30 Days
The meme coin economy has seen its value increase 7.77% against the U.S. dollar during…
Russia’s Interior Ministry Employs Tool to Identify Crypto Wallet Owners, Track Transactions
The Russian Ministry of Internal Affairs is now using a digital tool allowing officers to…
Binance and Crypto.com Publish Proof-of-Reserve Audits Conducted by Global Auditor Mazars Group
This week two cryptocurrency exchanges provided proof-of-reserves in order to highlight that the trading platforms…
Bahamian attorneys pursue access to FTX data of international customers
The Bahamian attorneys filed an emergency motion with a Delaware bankruptcy judge requesting access to…
Crypto.com releases proof of reserves, showing above 100% for BTC, ETH
The new disclosure page allows skeptical users to self-verify that their assets are included in…
UK pushes crypto efforts forward through financial services reforms
The reforms include regulating stablecoins as a means of payment and creating a sandbox where…