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Ark Invest Expects Bitcoin to Become a Multitrillion-Dollar Market — Predicts BTC Price Could Reach $1.48 Million
7.2.2023
Investment management firm Ark Invest says bitcoin is “likely to scale into a multi-trillion dollar market.” In its new report, the firm offers three bitcoin price predictions, including a bull case where bitcoin could rise to $1.48 million per coin. Ark Invest CEO Cathie Wood sees...
UK to Start Further Development Work on ‘Likely Needed’ Digital Pound
6.2.2023
The U.K.’s Bank of England will start research and development on a digital pound which it and the Treasury think will likely be needed in the future, in a consultation expected to be introduced on Tuesday
Sam Bankman-Fried Lawyer Says Agreement Has Been Reached on Use of Messaging Apps
6.2.2023
The former CEO of FTX was previously barred form using any messaging apps
FTX Money Backed U.S. Lawmakers With Future of Crypto in Their Hands
6.2.2023
Many members of Congress with the biggest influence over coming U.S. cryptocurrency legislation received direct contributions from top executives of FTX, leaving them with a complicated political relationship with the crypto industry
Independent FTX Examiner Could Cost Crypto Exchange $100M, Court Told
6.2.2023
FTX Being Advised by Cybersecurity Firm Sygnia on Hack Inquiry, CEO Ray Says
6.2.2023
The crypto exchange’s current chief executive blasted weak cybersecurity controls at the company under Sam Bankman-Fried’s leadership
Hong Kong Regulator Wants to Beef Up Its Staff Covering Virtual Assets
6.2.2023
Hong Kong's Securities and Futures Commission (SFC) wants to expand its team to deal with licensing applications for the incoming VASP regime
Italy Setting Up Crypto Environment That Meets EU's New Laws, Central Bank Governor Says
6.2.2023
Local regulators have begun setting up "authorization and supervision" activities mandated by the bloc's forthcoming MiCA rules
UK Financial Regulator Warns Crypto Firms of Jail Time for Unauthorized Ads
6.2.2023
Rules aren’t set in stone but will mirror those for other high-risk investment, the Financial Conduct Authority said
South Korea Issues Guidelines for Regulating Security Tokens as Legislation Looms
6.2.2023
Financial regulators in South Korea are working to bring security tokens into the scope of the country's capital markets rules
FTX Asks Politicians Who Received Bankman-Fried Donations to Return Money
5.2.2023
Sam Bankman-Fried and his companies showered D.C. with up to $93 million in political donations. Now, the bankrupt FTX wants its money back
BTC Institutional Investor Forecast for 2023, Musk Makes McDonald’s Promise Again, Kiyosaki Says ‘We Are in Global Recession’ and More — Week in Review
5.2.2023
As the first month of the new year is behind us, things continue to heat up on the world stage in regard to crypto price predictions, social media hype surrounding meme coins like dogecoin, warnings of macroeconomic peril, and more and more political powers attempting to control permissionless...
The White House Is Concerned About Crypto
4.2.2023
The White House published a statement warning about the risks of cryptocurrencies, pointing to last year’s various collapses. I spoke to an administration official about the statement and what it means
Legal Expert Says Mango Markets Exploit Case Is Wake-Up Call For DAOs
3.2.2023
Benjamin Bathgate, partner at Canadian-based law firm McMillan LLP, says the lawsuit against Avraham Eisenberg, the alleged Mango Markets exploiter, could impact how DAOs implement their legal and governing structures in the future
Fed Policy Win Could Harm Bitcoin’s Wall Street Narrative
3.2.2023
The January rebound in equities and knockout employment report may have undermined a few buy-bitcoin narratives, but the real value proposition behind bitcoin lies far beyond Wall Street in emerging markets, where bitcoin is in strong demand
US CFTC Chief Promises More ‘Precedent Setting’ Crypto Enforcement Cases
3.2.2023
Commission Chairman Behnam says his agency is gearing up for another year of significant actions in the crypto industry as he tries to ramp up his enforcement staff
Nigeria’s Bitcoin Premiums May Better Reflect Country’s Demand for the Dollar, Not Crypto
3.2.2023
Nigerians are paying a premium, but probably more for the U.S. dollar than for bitcoin, an analyst told CoinDesk
US Senate Banking Committee to Hold ‘Crypto Crash’ Hearing This Month
3.2.2023
The crypto industry’s 2022 dramas will again fall under the U.S. Senate’s microscope this month when the Senate Banking Committee holds a Feb. 14 hearing to examine financial system protections from the dangers seen in digital assets
UK Crypto Rules Set a Modest Post-Brexit Divergence From the European Union
3.2.2023
The industry is keenly watching divergences from Brussels in areas like stablecoins, lending and bitcoin disclosures
Indonesia Delays Crypto-Stock Exchange Launch Again, This Time Till June: Report
3.2.2023
The government, which is in the process of changing regulators for crypto, had initially planned to roll out the trading platform by end-2021