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SEC Unfurls Examination Metrics Prioritizing Crypto Industry Oversight in 2024
October 17, 2023
The U.S. Securities and Exchange Commission (SEC) has disclosed its focus areas for assessing market risks for the fiscal year 2024. As part of the new standards, the regulatory body …
Read moreFTX's Singh Provides Damning Testimony in Bankman-Fried Trial
October 17, 2023
Former FTX engineering director Nishad Singh has testified in the case against ex-FTX CEO Sam Bankman-Fried, accusing him of excessive spending and unilaterally controlling the resources of Alameda Research. Singh …
Read moreGenesis to Comply with Terraform Labs Subpoena Within Five Days, Orders U.S. Court
October 17, 2023
A U.S. judge has issued an order compelling crypto firm Genesis and its associated entities to comply with a subpoena initiated by Terraform Labs. The specifics of the subpoenaed documents …
Read moreBinance Halts Registration of New UK Users Amid Regulatory Compliance
October 16, 2023
In response to the United Kingdom's Financial Promotions Regime that became effective on October 8, 2023, Binance, a leading cryptocurrency exchange, has announced the halt in the registration of new …
Read moreFTX Liquidators Stake $150M Worth in Ethereum and Solana Amidst Ongoing Founder Trial
October 16, 2023
According to recent on-chain data, FTX liquidators have staked a substantial portion of their Ethereum (ETH) and Solana (SOL) holdings over the weekend. The bankrupt crypto exchange stakes around $30 …
Read moreBitcoin Soars Close to $28,000 amid Market Liquidations and ETF Prospects
October 16, 2023
Bitcoin experienced a substantial price surge of over 2.5% in the last 24 hours, coming close to an impressive $28,000 mark. This surge has sparked significant ripples in the broader …
Read moreGrayscale Ready to Convert GBTC Into ETF as US SEC Approval Nears
October 16, 2023
Investment group Grayscale has announced its readiness to transform its Bitcoin Trust (GBTC) into an Exchange-Traded Fund (ETF) immediately after obtaining approval from the US Securities and Exchange Commission (SEC).This …
Read moreAustralia and Singapore Tighten Crypto Regulations
October 16, 2023
Australia and Singapore have been progressing with instituting tighter regulations on cryptocurrency exchanges. The Australian government aims to introduce new regulations requiring crypto exchanges to obtain a financial services license, …
Read moreFTX Founder, Sam Bankman-Fried, Struggles To Concentrate During Trial, Lawyers Seek ADHD Medication Approval
October 16, 2023
Sam Bankman-Fried, the brains behind the crypto exchange platform FTX, has been caught in the eye of a legal storm. Following his struggle to maintain focus during his ongoing criminal …
Read moreLearn Concept: Comprehensive Cryptocurrency Regulation and Its Impact
October 16, 2023
California's recent decision to introduce the Digital Financial Assets Law adds a new dimension to the crypto regulation landscape. This law enforces stricter rules for cryptocurrency businesses within the state …
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