New York proposes to charge crypto companies for regulating them
2.12.2022
The proposal is led by DFS Superintendent Adrienne Harris who is looking for public feedback on the move as the regulator looks to gain further oversight controls
FTX Japan drafts plan to return client funds
2.12.2022
The Japanese subsidiary one of 134 companies been caught up in FTX’s bankruptcy proceedings but has been drafting a plan to return client funds
First Mover Asia: Cryptos' Short Win Streak Ends as Investors Remain Cautious
2.12.2022
ALSO: Shaurya Malwa writes that oversubscription of an initial exchange offering at Binance underscores investors continued interest in crypto and may offer hope for the industry's rebound
Kevin O’Leary, Bill Ackman Slammed for Defending Sam Bankman-Fried — ‘I Think SBF Is Telling the Truth’
2.12.2022
Shark Tank star Kevin O’Leary and billionaire hedge fund manager Bill Ackman have been slammed for stating that they believe Sam Bankman-Fried (SBF) was telling the truth that he “didn’t knowingly commingle funds.” The former CEO of the collapsed crypto exchange FTX also...
Cryptocurrency Law Approved in Brazil — Green Mining Tax Exemptions and Asset Segregation Issues Left Out
1.12.2022
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 out two planned tax exemptions for green mining operations and the issue of segregating...
Crypto Markets Today: CFTC Chair Proposes Pause to Overhaul Digital Commodities Consumer Protection Bill
1.12.2022
Rostin Behnam made the suggestion as regulators and the crypto industry continue processing the implosion of crypto exchange giant FTX. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
US Senate committee hearing on FTX fail brings gaps in regulatory authority to light
1.12.2022
CFTC chair Rostin Behnam appeared before a Senate Agriculture Committee to talk about how FTX happened and how it could have been prevented
US CFTC Commissioner Cites Latest Crypto Sanction in Call for New Rules
1.12.2022
CFTC Commissioner Kristin Johnson is pushing for her agency to work on policies to further tighten custody of customer assets as the CFTC sanctions another crypto Ponzi scheme
P2P Financial Systems panel: Crypto core values and transparency are critical for DeFi
1.12.2022
Cointelegraph’s editor-in-chief Kristina Cornèr moderated a panel discussion on DeFi's future among market dynamics, cyberattacks and regulatory uncertainty
Clearing company tests out securities transaction settlements on blockchain networks
1.12.2022
The Digital Dollar Project and the Depository Trust & Clearing Corporation trialed a potential settlement system using tokenized securities and CBDC in real world conditions
Former FTX CEO Sam Bankman-Fried denies "improper use" of customer funds
1.12.2022
According to the former CEO, at the time of filing for bankruptcy “FTX US was solvent.”
Stripe Debuts Fiat-to-Crypto Payment Offering for Web3 Businesses
1.12.2022
The widget allows customers to more easily use crypto to engage with businesses and content creators across the world