Ethereum
UK Crypto Firms Can Apply for 3-Month Reprieve to Comply With Tough New Ad Rules
Bans on aggressive marketing were set to take effect in October, but companies can apply to delay some aspects until January. Source link
Ethereum
Ethereum
DeFi Should Be Regulated Like Traditional Finance Players, Global Securities Body Says
“There is a common misconception that DeFi is truly decentralized and governed by autonomous code or smart contracts,” Tuang Lee Lim, Chair of IOSCO’s Board-Level Fintech Task Force, said in a statement. “In reality, regardless […]
Ethereum
DeFi Should Be Regulated Like Traditional Finance Players, Global Securities Body Says
“There is a common misconception that DeFi is truly decentralized and governed by autonomous code or smart contracts,” Tuang Lee Lim, Chair of IOSCO’s Board-Level Fintech Task Force, said in a statement. “In reality, regardless […]
Ethereum
IMF, FSB Publish Crypto Policy Roadmap, Warn Against Blanket Bans
The policy paper, commissioned by the intergovernmental forum G20 under India’s leadership, combines norms set by the Financial Stability Board (FSB), the International Monetary Fund (IMF) and other international standard-setters for the crypto sector in […]
Ethereum
Ethereum Whales Buy $425M Inside 24 Hours, Rebound Soon?
On-chain data shows the Ethereum whales have recently gone on a $425 million shopping spree, a sign that could be positive for the asset. Ethereum Whales Have Participated In Accumulation Recently As pointed out by […]
Ethereum
Bankrupt Crypto Lender Celsius Network Files to Recover Assets From EquitiesFirst
EquitiesFirst is a private lending platform that owed Celsius some $439 million worth of cash and bitcoin (BTC) as of July 2022. Celsius first took collateralized loans from the lender in 2019, but failed to […]
Ethereum
Genesis Global Capital Files for Over $600M in Unpaid DCG Loans: Court Docs
Genesis Global Capital, a subsidiary of Digital Currency Group, filed in court for DCG to repay outstanding loans in excess of $600 million on Wednesday. Source link
Ethereum
Crypto Lenders Caused Crypto Contagion Last Year. How Is the Industry Rebuilding?
After bankruptcies tore apart the crypto lending, the industry is attempting to rebuild in a sustainable and accountable manner. Source link
Ethereum
Tornado Cash Developer Roman Storm Pleads Not Guilty to Money Laundering, Other Charges
Tornado Cash developer Roman Storm pleaded “not guilty” to charges of conspiring to operate a money transmitter or facilitate money laundering and sanctions evasion in a court appearance Wednesday. Source link
Ethereum
DeFi’s Zero Credit Risk Model & Transparency Boost for Structured Products – A Game-Changer for Global Adoption
Credit risk is part of just about every financial asset in traditional markets, but not so in DeFi. Everything from mortgages to CME corn futures, German bunds and Amazon gift cards has an embedded credit […]