Unwinding the hyperbole: Are US-based crypto firms really being ‘choked’?
Are U.S. agencies conspiring to “un-bank” crypto and put Binance out of business? Go to Source Powered by WPeMatico
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Stress test? What Biden’s bank bailout means for stablecoins
A major stablecoin depegging event raised concerns about the stability of these assets amid a U.S. banking crisis. The result may have been an improvement in their position in traditional finance. Go to Source Powered by WPeMatico
Binance vs. CFTC: Latest court battle could alter crypto landscape in US
The CFTC lawsuit against Binance could prove to be the beginning of the end for the crypto exchange in the United States, according to many market pundits. Go to Source Powered by WPeMatico
US government plans to sell 41K Bitcoin connected to Silk Road
On March 14, 2023, the government sold 9,861 BTC for $215.7 million, according to court documents filed on March 31. Go to Source Powered by WPeMatico
UK government announces ‘robust’ crypto regulation as part of economic crime plan
The focus on crypto regulation was part of the U.K. government’s plan to fight economic crime, which also included addressing law enforcement’s ability to seize and store assets. Go to Source Powered by WPeMatico
Japan plans to form expert panel to explore digital yen: Report
The ministry’s panel will reportedly focus on developing a framework for a central bank digital currency based on a technical study carried out by the Bank of Japan over the past two years. Go to Source Powered by WPeMatico
Indonesian government looks to NFTs to preserve cultural heritage
The Deputy of Indonesia’s Ministry of Tourism and Creative Economy explains how NFTs and cryptocurrency can help solve social and economic challenges within Indonesia. Go to Source Powered by WPeMatico
Law Firm’s White Paper Claims US Bank Regulators Are Waging a ‘Clandestine Financial War’ Against Crypto Businesses
According to a recent white paper published by four members of the law firm Cooper & Kirk, PLLC, U.S. bank regulators are attempting to “drive crypto businesses out of the financial system.” The paper, titled “Operation Chokepoint 2.0,” claims that after laying the groundwork by labeling lawful businesses as “reputationally risky,” federal bank regulators, with … Read more
A friend in need: How the crypto industry reacts to recent bank bailouts
With a focus on sovereignty and creating an alternative to traditional financial systems, how is the crypto community reacting to government intervention in the recent bank crisis? Go to Source Powered by WPeMatico
G7 to collaborate on tighter crypto regulation: Report
Leaders from Japan, the United States, the United Kingdom, Canada, France, Germany, and the European Union are expected to outline a global cooperative strategy for digital assets in May. Go to Source Powered by WPeMatico