Crypto


Policy

Crypto Was Singapore's Top Area of Fintech Investment in 2022 Despite Global Slowdown: KPMG

For 2023, KPMG has predicted that it is "likely investments in crypto-focused firms will remain very slow."

A new KPMG report predicts the crypto investment slowdown will continue through the rest of the year (Shutterstock)

Policy

Indian Cricket Board Tells Women's Premier League Teams to Shun Crypto Links

The BCCI told the teams that a breach could lead to punitive measures.

Women’s Indian Premier League auction. (BCCI)

Policy

Republicans Plan to Reintroduce Legislation to Prevent Crypto Restrictions in 401(k): Politico

The legislation will be introduced in the House by Rep. Byron Donalds (R-Fla), the report said.

A bill to combat crypto money laundering has been proposed in the U.S. Senate. (Shutterstock)

Finance

FTX Seeks to Reclaim $400M From a JPMorgan Account: New York Times

The funds, invested in a hedge fund called Modulo, were converted into cash and are sitting in an interest-bearing account.

FTX CEO John J. Ray III (house.gov)

Policy

Australian Crypto Exchange Digital Surge Set to Come Back Online After Stakeholders Sign Recovery Plan

The exchange is expected to resume trading next week, a source said.

Parliament house, Canberra, Australia. (Unsplash)

Policy

SEC to Make It Harder for Hedge Funds to Work With Crypto Firms: Bloomberg

The rule change would make it harder for crypto firms to become "qualified custodians," according to the report.

SEC Chair Gary Gensler (Kevin Dietsch/Getty Images)