Regulations
Binance’s Lack of Transparency on FTX Bid Could Influence UK Lawmakers' Crypto Recommendations: Report
Treasury Committee member Alison Thewliss said Binance's submissions on its role in the collapse of rival crypto exchange FTX were not detailed enough.
Hong Kong Regulator Calls for Tough Rules Despite Ambitions to Be Crypto Hub
Julia Leung, deputy CEO of Hong Kong’s Securities and Futures Commission, highlighted DeFi as an area that needs regulations.
Bahamas May Have Directed 'Unauthorized' FTX Transactions, Filing Says
The exchange says it has credible evidence the Bahamas directed unauthorized access to its systems after it filed for bankruptcy in the U.S.
New FTX Boss Condemns Management of the Crypto Exchange During Sam Bankman-Fried's Tenure
The company concealed the misuse of corporate funds, including buying property in the Bahamas for staff, John Ray said.
Crypto Will Soon Threaten Global Financial Stability, FSB Official Says
In the wake of FTX’s demise, Steven Maijoor, chair of the Financial Stability Board’s crypto working group, urged authorities worldwide to move beyond sectoral boundaries and agree on global norms for the industry.
German Banks' Crypto Interest Is Limited as Industry Is Plagued by ‘Crooks,’ Regulator Says
Germany’s Bafin issued just four crypto custody licenses, said Mark Branson, who sits on the supervision arm of the European Central Bank
Bahamian FTX Liquidators Cite ‘Serious Fraud and Mismanagement’ in Court Filings
Court-appointed liquidators in the Bahamas are seeking to halt asset sales while the complex enterprise is wound up.
Republicans Secure US House Majority, Will Shift Path for Crypto Bills
Results from the Nov. 8 U.S. election finally saw Republicans win at least 218 seats, splitting control of Congress as urgency for crypto legislation is on the rise.
US Sen. Gillibrand Says a Last-Ditch Stablecoin Bill May Still Emerge This Year
Sen. Kirsten Gillibrand, one of the most crypto-friendly Democrats in the Senate, said she hopes a regulatory bill will be introduced in the “next few weeks.”
Newly Elected US House Whip Emmer Downplays FTX Meltdown, Cheers Crypto
Rep. Tom Emmer, a co-chair of the congressional blockchain caucus, was chosen for a leadership role in the next Congress and is bullish on digital assets in the wake of FTX.
