As the FTX trial is unfolding, recent testimony has revealed major internal issues at the cryptocurrency exchange, raising questions about the industry at large. The revelations come amid a week of heated courtroom debates and could reshape the way cryptocurrency exchanges operate in the future.
Financial analysts at Berenberg view recent reports of Hamas crypto donations as a major stumbling block to the pace of positive crypto regulations globally.
The Basel Committee on Banking Supervision has underscored the importance of disclosing banks' cryptoasset exposures, emphasizing the need for standardized reporting and greater transparency in the crypto space.
South Korea’s Financial Supervisory Service (FSS) is looking to establish comprehensive guidelines for the issuance and distribution of cryptocurrencies to enhance the Virtual Asset Users Protection Act passed earlier this year.
Some of Japan’s biggest businesses have asked the nation’s government to make crypto tax reforms, as the country continues to pivot to Web3 and crypto.
Singapore's Attorney-General's Office has officially established two specialized task forces, comprising approximately 20 prosecutors, tasked with addressing the crypto related crimes.
‘Big Four’ accounting behemoth Ernst & Young (EY) unveiled Tuesday that Fidelity Digital Assets, the digital asset arm of Fidelity Investments, has adopted EY’s latest blockchain analytic tool.
European crypto investors will have to wait a little longer for the full provisions of Markets-in Crypto Assets (MiCA) to kick in, according to the European Securities and Markets Authority (ESMA).
The US Branch of the world's largest crypto exchange, Binance US, recently communicated to its users that their cryptocurrency deposits are no longer covered by Federal Deposit Insurance Corporation (FDIC) insurance.
Federal Reserve Governor Michelle Bowman believed that implementing U.S. central bank digital currency (CBDC) could pose significant risks and tradeoffs for the country’s economic system.
The Fantom Foundation, the team dedicated to building the Fantom network, has reportedly fallen victim to a hack that led to a significant loss of approximately $6.7 million worth of digital assets.
Crypto-focused investment firms Coinbase Ventures and Haun Ventures are joining forces with the University of Arkansas to support a technology accelerator program, strengthening the US state of Arkansas's position in the crypto landscape.
The Bank of Canada published a staff analytical note that mirrors the development of decentralized finance (DeFi) alongside possible routes of wider market regulations.