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
Category: News
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
BRICS Countries Launching New Currency Resulting in a Tsunami of Inflation
The currency wars are getting hot and it’s looking increasingly likely that the world is going to start moving away from the US dollar as
US FED Issued Joint Statement on Liquidity Risks to Banking Organizations Resulting From Crypto-Asset Market Vulnerabilities
The United States Federal Reserve and banking regulators warned banking organizations Thursday about liquidity risks associated with crypto-asset-related entities. The agencies said the stability of
The International Monetary Fund Issues Action Plan; No Legal Tender For Crypto
The International Monetary Fund (IMF) is recommending that countries not give cryptocurrencies like Bitcoin status as legal tender The global lender of last resort said
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
Paxos Consulting With SEC Regarding The Binance Stablecoin
The firm behind Binance’s stablecoin, Paxos Trust Company, is in discussions with the U.S. Securities and Exchange Commission after the regulator told the company it
Hong Kong Seeks The Public’s Advice On Crypto Regulations
Hong Kong’s Securities and Futures Commission (SFC) has launched a public consultation on regulating virtual asset trading platforms in Hong Kong. Hong Kong’s Securities and
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
Norway Seizes Record 5.8 Million of Crypto Stolen By North Korea
Norway has seized a record 5.8 million USD worth of cryptocurrency that was stolen by North Korean hackers last year. The Norwegian authorities released the