US industry watchdogs oppose draft bill on crypto market structure
The group sent a detailed letter to the U.S. House Financial Services Committee accusing the crypto market of seeking favorable legislation under the guise of crypto innovation.
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European Banking Authority calls for early adoption of stablecoin standards
EBA officials anticipate a surge in stablecoin issuance over the coming months and have urged businesses to use its guiding principles before the necessary restrictions are implemented.
BIS gives CBDCs a thumbs up, crypto the middle finger in reports to G20 ministers
G20 finance ministers and central bank governors are meeting this month, and the Bank for International Settlements has findings to present.
FTX claims portal becomes unavailable shortly after going live
Users affected by the bankruptcy of FTX or certain subsidiaries have the option of filing a proof-of-claim through Kroll’s online customer form or via U.S. mail.
US authorities are investigating former FTX exec for potential campaign finance violations: Report
FTX Digital Markets co-CEO Ryan Salame was the individual who first reported FTX to Bahmanian authorities, but he reportedly may face charges of his own in the United States.
Bitcoin exchanges now hold the same BTC supply share as in late 2017
BTC supply dynamics are pointing firmly in Bitcoin bulls' favor, as an analyst says that "true price discovery" may come as a result.
XRPL grows in Q2 despite SEC lawsuit concerns: Report
The XRP Ledger saw a significant increase in the total new address count, which reached 138,790, representing a growth of 31.8% compared with the same period in 2022.
Coinbase was aware of securities law violations, the SEC claims in letter
According to the SEC, Coinbase recognized the probability that federal securities laws would apply to its operations, openly informing its shareholders about the risk.
Coinbase domain name reportedly used by scammers in high-profile attacks
Twitter users have been sharing security incidents surrounding the crypto exchange, including claims that scammers are using Coinbase’s domain name for attacks.
Nigerian crypto tax move is ‘premature’ — Local stakeholders
Industry stakeholders seek clarity regarding the implications of taxation and its connection to the recognition of cryptocurrency and associated procedures.
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