US Banking Committee chairman suggests banning cryptocurrencies
Banking Committee chairman Sherrod Brown made the suggestion during an appearance on NBC’s “Meet the Press.” He however stated that...
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Tel Aviv court allows Israel to seize crypto in over 150 blacklisted wallets
The Israeli government had blacklisted more than 150 wallets for links to terror groups. The Israeli government can now take...
We can meet 100% of withdrawals, says Binance’s Changpeng Zhao
CZ dismisses concerns over whether Binance could handle a $2.1 billion withdrawal. The CEO confirmed that the crypto exchange could...
Microsoft bans cryptocurrency mining on its online services
Microsoft users will require pre-approval from the firm to mine crypto using Microsoft Azure. Microsoft is taking measures to increase...
NYDFS: Banks must seek approval before engaging with crypto
New York Department of Financial Services published the new guidelines on 15 December 2022. All banking organisations must apply for...
Australian regulator ASIC sues Finder Wallet
ASIC is suing Finder Wallet for providing unlicenced financial services. ASIC claims the Finder Earn product closely resembled a debenture....
Sam Bankman-Fried makes a new bail bid in the Bahamas Supreme Court
This is the second time SBF lawyers are filing for bail after the first application was denied. This time round...
FTX committed ‘old fashioned embezzlement, says new CEO John J Ray III
FTX’s CEO testified before House Financial Services Committee on Tuesday. John J Rau III faulted FTX’s operations, resulting in the...
SBF tried to buy off Washington, says Congressman Patrick McHenry
Sam Bankman-Fried (SBF) was recently arrested by authorities in The Bahamas and has been charged by the US SEC. Patrick...
People want to see regulated firms that have major global accounting firms, says Circle’s CEO
Jeremy Allaire believes it is important for more crypto companies to become SEC-registered. He added that there is a need...
