Brooklyn court charges former banker for allegedly defrauding crypto investors
Brooklyn federal court charged a former investment banker for allegedly taking investors’ money under the pretext of making profitable crypto investments.
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Wyoming defends crypto-friendly bank charter regime in Custodia Bank’s lawsuit with Fed
“The State of Wyoming believes that this changes the tenor of the suit and in turn questions the legitimacy and viability of the State’s statutory framework," said AG Bridget Hill.
IMF reiterates call for crypto regulation after the ecosystem’s ‘rough year’
According to the IMF, regulations should include with “strict prudential requirements” for stablecoin issuers following the depegging of USD Coin and Dai.
Shapella could bring institutional investors to Ethereum despite risks
The latest fork on the “roadmap” shores up the network’s new validation mechanism while finally allowing stakers access to their ETH rewards.
‘Ludicrous’ idea that Signature Bank’s collapse was connected to crypto, says NYDFS head
The superintendent of the New York Department of Financial Services reportedly dismissed claims the U.S. government was working to implement ‘Operation Choke Point 2.0’.
Stablecoin issuer Tether accessed US banking system using Signature: Report
At the time New York regulators took control of Signature in March, there was reportedly a system in place for Tether clients to send dollars though the bank's Signet platform.
UK banks are turning away crypto clients: Report
Challenges for crypto companies range from having applications rejected, accounts frozen, to being overwhelmed with paperwork.
Stress test? What Biden’s bank bailout means for stablecoins
A major stablecoin depegging event raised concerns about the stability of these assets amid a U.S. banking crisis. The result may have been an improvement in their position in traditional…
Stablecoins are solution to crypto’s banking problem, exec says
Stablecoins are seen as a potential solution to crypto’s banking problem, but some of them are currently not immune to banking issues.
Africa: The next hub for Bitcoin, crypto adoption and venture capital?
Cointelegraph’s Elisha Owusu Akyaw shares how cryptocurrency is changing the financial landscape in Africa — and the opportunities and challenges that come with it.
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