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BlockFi Files for Bankruptcy; Kraken Settles US Treasury Case Over Serving Customers in Iran

Crypto lender BlockFi files for bankruptcy protection as FTX contagion spreads. JPMorgan says crypto market regulatory initiatives that are already underway are likely to be accelerated. The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) reaches a settlement with crypto exchange Kraken over serving customers in Iran.

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CFTC Chair Says FTX Direct Clearing Plan Was Far From Being Approved

The U.S. Commodity Futures Trading Commission was nowhere close to making a decision on a controversial FTX plan to streamline financial market structure rules, which were proposed before the crypto exchange went bust, CFTC Chairman Rostin Behnam said Monday. "The Hash" panel discusses the latest developments in the crypto regulatory space.

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Crypto Lender BlockFi Files for Bankruptcy

BlockFi filed for bankruptcy protection Monday, days after suspending withdrawals amid the ongoing fallout from exchange FTX's bankruptcy. "The Hash" panel discusses the latest casualty rocking the industry after the crypto lender suspended withdrawals just a few weeks ago, due to the ongoing confusion about FTX's assets.

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Opinyon

El obituario de Bitcoin

Y por qué un economista de Harvard cree que Bitcoin podría terminar en los balances de los bancos centrales.

(Matt Botsford/Unsplash)

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The Bahamas’ Attorney General Defends Country’s Regulatory Framework Amid FTX ‘Debacle’

During a pre-taped speech, The Bahamas’ Attorney General Ryan Pinder summarized the collapse of FTX and stated that the country’s regulatory regime was sufficient to oversee crypto businesses. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the speech and the latest on The Bahamas’ investigations into FTX.

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Does The Bahamas Have Enough Resources to Investigate FTX?

CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses whether The Bahamas has enough resources to investigate the collapse of FTX, with reference to the pre-taped speech from the country’s Attorney General Ryan Pinder.

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Can Crypto Come Back Stronger?

Terra, 3AC and now FTX. It’s been a difficult year, but can crypto come back stronger? That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

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Policy

BlockFi se declara en quiebra ante la propagación del contagio de FTX

BlockFi recibió una línea de crédito de 400 millones de dólares de FTX a principios de este año.

Publicidad de BlockFi en Union Station, Washington D. C. (Archivo de CoinDesk)

Policy

El plan de compensación directa de FTX estuvo lejos de ser aprobado, afirma el director de la CFTC

Rostin Behnam, presidente de la agencia, dijo que los ejecutivos de FTX se reunieron frecuentemente con el regulador.

CFTC Chairman Rostin Behnam (Danny Nelson/CoinDesk)