Latest from Sandali Handagama
Bitget's Hong Kong Unit Halts Operations, Won't Apply for Crypto License
BitgetX HK, which launched in April, is withdrawing from Hong Kong and will shut operations on Dec. 13.
Genesis, Three Arrows Capital Reach Agreement on $1B of Claims
The bankrupt crypto lender is seeking court approval to settle the claims with a $33 million payment to the defunct hedge fund, 3AC.
UK’s Tough Crypto Regulator FCA Won’t Go Easy on Stablecoins, Official Says
The Financial Conduct Authority on Monday published a discussion paper with proposals for a stablecoin regime.
EU Banking Watchdog Seeks Feedback on Draft Liquidity, Capital Rules for Stablecoin Issuers
Consultations on relevant rules will run until Feb. 8, 2024, the European Banking Authority said.
Swiss Crypto Bank SEBA Wins Hong Kong License
The bank's Hong Kong unit can now deal in and distribute securities, including products related to virtual assets related.
CBDCs Are 'Central' to Innovating Financial Systems, BIS Chief Says
Central banks will have a limited role to play relative to the private sector in CBDC issuance, BIS general manager Agustín Carstens said.
Coinbase Blocked in Kazakhstan for Breaking New Digital Assets Law: Report
Issuance, circulation, and offering trading of "unsecured digital assets" is prohibited outside the country's financial center under laws that came into effect earlier this year.
What's Next for Sam Bankman-Fried's Legal Case?
The FTX founder still faces potential post-trial motions, sentencing and perhaps another trial.
Indian Police Arrest 8 More in $300M Crypto Scam: Report
Four cops were among those arrested, while the operation's alleged kingpin, Subhash Sharma, remains at large, according to local media reports.
UK Financial Watchdogs Publish Plans to Regulate Stablecoins
Big Tech companies like Meta and PayPal will be able to issue payments-focused stablecoins under the proposed rules provided they meet the criteria.
