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December 8, 2022
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The Stablecoin framework is a near-term priority for Aussie regulators

As stablecoins are used as a means of payment, Australia is preparing to regulate them properly.   Australian regulators are working on options to bring paid […]
December 8, 2022
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Hong Kong to subject crypto exchanges to the same laws governing TradFi

The new law will introduce a licensing system for infrastructure service providers, requiring them to comply with strict anti-money laundering and anti-money laundering laws.   Hong […]
December 8, 2022
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Crypto lender Genesis has no solution yet for withdrawal halts

Genesis said it will take several more weeks to figure out a recovery plan for its lending business.   Crypto-lending platform Genesis has told customers that […]
December 7, 2022
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US lawmakers want State Department to justify crypto rewards and disclose payouts

The State Department should provide a report on the use of cryptocurrencies as a means of payment and evidence that it is more encouraging for those […]
December 7, 2022
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Japan recommends against algorithmic backing in stablecoins

The potential legal status of streaming at the Japan Financial Services Agency is unclear as the current law is silent on algorithmic stablecoins.   After passing […]
December 7, 2022
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Gate.io pledges $100M to revive crypto and rebuild investor confidence

With investors shifting their money from exchanges to private holdings, the market’s financial crisis poses an immediate threat to struggling crypto businesses.   In an effort […]
December 6, 2022
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UK crypto bill to restrict services from abroad: Report

The regulatory changes will expand the powers of the national financial regulator and put the crypto industry under stricter control.   Despite the acceptance of the […]
December 6, 2022
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Metallica issues crypto scam alert before the 72 Seasons album launch

Taking advantage of the hype surrounding the release of Metallica’s new album and upcoming tour, scammers began targeting metalheads through social media.   It is clear […]
December 6, 2022
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Goldman Sachs reportedly looking to buy crypto firms after FTX collapse

Goldman Sachs CEO Mathew McDermott said that their company is active in some crypto businesses.   As the value of the crypto industry is affected by […]
December 5, 2022
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Standard Chartered forecasts ‘surprise’ Bitcoin downside after FTX collapse

Multinational bank Standard Chartered considers the potential downsides of Bitcoin in 2023 as a cryptocurrency around the weather facing the fall of FTX.   The value […]
March 14, 2023
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FBI, NY authorities probes collapse of TerraUSD stablecoin: Report

The controversial founder of Terraform Labs, Do Kwon, is at the center of the investigation, despite being believed to be hiding out in Serbia.   It […]
March 13, 2023
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US Treasury Secretary Yellen working on SVB collapse, not a bailout: Report

Janet Yellen said in an interview on March 12 that U.S. regulators are working to address Silicon Valley Bank collapse, but not considering a major bailout. […]
March 13, 2023
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Ripple CEO assures ‘strong financial position’ despite SVB collapse

In a short tweet thread with no specifics, Garlinghouse said the SVB situation would not disrupt daily operations.   Ripple CEO Brad Garlinghouse took to Twitter […]
March 13, 2023
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Breaking: Signature Bank closed by New York regulators, citing ‘systemic risk’

The New-York-based bank, which is also known to serve a number of crypto firms, was shut down by state regulators, according to a Federal Reserve announcement. […]
March 9, 2023
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Biden wants to double capital gains and clamp down on crypto wash sales: Reports

The Biden administration reportedly wants to apply the wash sale rule to crypto, which would end a strategy in which a trader sells and then immediately […]
March 9, 2023
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Stablecoins and Ether are ‘going to be commodities,’ reaffirms CFTC chair

In the tug-of-war between the United States regulators over control of crypto assets, the Commodity Futures Trading Commission chair has tripled-down on his stance that Ether […]
March 9, 2023
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Marathon Digital terminates credit facilities with Silvergate Bank

The decision to end its loan facilities with Silvergate Bank follows a shift in Marathon’s long-term financial strategy to build liquidity.   Bitcoin mining company Marathon […]
March 8, 2023
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Silvergate reportedly talks with FDIC on ways to avoid shutdown

Officials from the government agency reportedly entered Silvergate’s headquarters last week, with discussions revolving around how to salvage the crypto bank.   Regulators are reportedly holding […]
March 8, 2023
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Jack Dorsey’s Block asks for input on the proposed ‘mining development kit’

Block’s mining hardware product lead, Naoise Irwin, has asked for pointers on a proposed hardware and software development kit for Bitcoin mining.   Payments company Block, […]

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