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HomeRegulation

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The Collapse of Crypto Exchange FTX More Like Enron Than Lehman
Regulation

Alameda Research Shouldered FTX Loss of Up to $1B Following Client's Leveraged Trade in 2021: FT

December 2, 2022 0

Alameda Research bore the brunt of a $1 billion loss incurred by its sister firm FTX after a leveraged trade on the now bankrupt crypto exchange backfired early last year, the Financial Times reported Friday. […]

Fear Makes Quick Return to Crypto Markets as Bitcoin Plunges Most in 2 Months
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Fear Makes Quick Return to Crypto Markets as Bitcoin Plunges Most in 2 Months

December 2, 2022 0

Bitcoin was roughly flat at around $17,000 early Friday ahead of the November jobs report due at 8:30 a.m. ET. The U.S. employment report for November is expected to show a sizable slowdown in hiring, […]

Regulation

Galaxy Digital Agrees to Buy GK8 From Bankrupt Crypto Lender Celsius: Bloomberg

December 2, 2022 0

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, […]

South African Government to Add Crypto Entities to 'List of Accountable Institutions' – Regulation Bitcoin News
Regulation

South African Government to Add Crypto Entities to ‘List of Accountable Institutions’ – Regulation Bitcoin News

December 2, 2022 0

According to the South African government, crypto entities — or businesses whose activities include the exchange or transfer of crypto assets — are set to be included in the list of so-called accountable institutions starting […]

Regulation

Crypto Exchange Zipmex Secures Creditor Protection Extension as Court Sets Deal Deadline

December 2, 2022 0

Zipmex, the South Asian exchange that froze withdrawals due to a shortfall in liquidity earlier this year, has secured creditor protection for all of its entities until April next year, according to an update on […]

brazil cryptocurrency law brazilian
Regulation

Cryptocurrency Law Approved in Brazil — Green Mining Tax Exemptions and Asset Segregation Issues Left Out – Regulation Bitcoin News

December 2, 2022 0

A cryptocurrency law, which had been in discussion for several months, has been approved by the Chamber of Deputies in Brazil after having shed some of the changes presented by the Senate. The proposal left […]

Stripe Debuts Fiat-to-Crypto Payment Offering for Web3 Businesses
Regulation

Stripe Debuts Fiat-to-Crypto Payment Offering for Web3 Businesses

December 2, 2022 0

The offering, a customizable widget that can be embedded directly into a DEX, NFT platform, wallet or decentralized app (dApp), is designed to allow customers to instantly purchase cryptocurrencies in Web3 apps. Eleven of the […]

DeFi Giant MakerDAO Holds Voting on Hiking DAI Stablecoin Rewards
Regulation

MakerDAO Community Votes to Hike DAI Rewards to 1%

December 2, 2022 0

Increasing the rewards known as the DAI Savings Rate (DSR) means that investors can earn a 1% annualized return on their DAI holdings, giving an incentive for investors at a time when decent yields in […]

CFTC Chair Suggests 'Pause' to Overhaul Senate Bill Following FTX Debacle
Regulation

CFTC Chair Suggests 'Pause' to Overhaul Senate Bill Following FTX Debacle

December 1, 2022 0

Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam said that while new legislation allowing his agency greater spot market oversight over crypto should move swiftly, lawmakers should also ensure there are no “gaps.” Source link

Crypto Industry a Disaster in Need of Rebranding, UK Lawmaker Says
Regulation

Crypto Industry a Disaster in Need of Rebranding, UK Lawmaker Says

December 1, 2022 0

The lawmaker begs the industry to leave the “bad boats” to burn out at sea and ditch the word “crypto” following FTX collapse. Source link

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