In a dramatic turn of events, HSBC has come to the rescue of the British arm of Silicon Valley Bank (SVB), which had been struggling
Author: Lena Castillo
Another Digital Asset Issuer Registered by Bank of Russia
The Central Bank of Russia has added a new entity to its register of approved issuers of digital financial assets. The platform, known as ‘Masterchain,’
Your Crypto Transactions Are Seen Says The Australian Tax Authority (ATO)
The growing popularity of cryptocurrencies has increased their use for transactions and investments, which has caught the attention of tax authorities. The Australian Tax Authority
Bank of America Still Forecasting 2023 Recession
Bank of America CEO still sees U.S. technical recession in 3rd quarter. Bank of America Chief Executive Officer Brian Moynihan said on Tuesday the U.S.
The Crypto Lawsuit; Bankrupt FTX Affiliate Alameda Sues Grayscale
According to Reuters News Reports, FTX said on Monday its affiliate Alameda Research had sued asset manager Grayscale Investments for imposing a “redemption ban” that
Robinhood Received Investigative Subpoena From The SEC
Robinhood is facing a US SEC Subpoena for their crypto operations a month after FTX filed for bankruptcy. The SEC wants to look into their
Coinbase Crypto Exchange Post $557 Million Loss With Eyes on Expenses
While the $629 million in revenue for the three-months ended in December was higher than the average analyst estimate of $581 million, it was about
The European Union Urges Expeditious Implementation of Digital Asset Guidelines For Banking
The European Union is calling for banks to quickly implement tough capital rules for holding digital assets, in line with a global deadline, or risk missing out on the
Singapore Investors Shift Away From Crypto But Pour Money into Blockchain
Investors shift away from cryptocurrencies but continue to pour money into blockchain-based solutions. Singapore Fintech funding hit a three-year high in 2022, even as lower
The SEC Comes Down on Kraken, Federal Regulators Hinder Crypto, While DFS Wobbles on Stablecoin
Crypto exchange Kraken has agreed to settle charges by the SEC alleging it conducted an unregistered offer and sale of securities through its crypto asset