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The absence of a CME Bitcoin futures premium, unrelenting record-high inflation and investor concerns over the economy are all factors weighing on BTC price. Go to Source Powered by WPeMatico
The public has until Sept. 12 to submit evidence, which the committee may use in its report to parliament on the risks and opportunities related to crypto and DLT. Go to Source Powered by WPeMatico
A federal judge in a New York bankruptcy court has frozen the assets of crypto hedge fund Three Arrows Capital (3AC). “A key part of this motion is to put the world on notice that it is the liquidators that are controlling the debtor’s assets at this stage.” Bankruptcy Judge Freezes 3AC’s Assets Judge Martin … Read more
South Africa’s Reserve Bank will regulate cryptocurrencies as financial assets, and new laws are expected over the next 12 months. Go to Source Powered by WPeMatico
President Joe Biden’s executive order on crypto from March directed the Treasury Department to take the lead among other government agencies in developing policy recommendations. Go to Source Powered by WPeMatico
J. Matthew DeLesDernier, assistant secretary for the SEC, said it had extended to allow for “sufficient time to consider the proposed rule change and the issues raised therein.” Go to Source Powered by WPeMatico
Thousands of Sri Lankans took to the streets of Colombo in protest of the government’s response to the economic situation in the country. Go to Source Powered by WPeMatico
Traders are not as fearful as they were in June, but several metrics show the market is still standing on paper-thin support levels. Go to Source Powered by WPeMatico
According to Jon Cunliffe, regulators needed to accelerate efforts to find a place for crypto in current frameworks based on the principle of “same risk, same regulatory outcome.” Go to Source Powered by WPeMatico
The Financial Stability Board (FSB) says it is working on a “robust” regulatory framework for crypto assets and will report its recommendations to the G20 finance ministers and central bank governors in October. FSB to Present Robust Crypto Regulatory Framework to G20 in October The Financial Stability Board (FSB), an international body that monitors and … Read more
