SBF shilled FTX risk model to FDIC chairman Gruenberg prior collapse
The invitation was mediated by former CFTC Commissioner Mark Wetjen, who joined FTX US as the Head of Policy and Regulatory Strategy in Nov. 2021.
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Peter Schiff blames ‘too much gov’t regulation’ for worsening financial crisis
Finding the right balance between regulations and banking institutions is important for Schiff, considering that Puerto Rico regulators closed down Schiff’s bank due to non-compliance.
Circle taps Cross River as banking partner, expands ties with BNY Mellon
Circle announced a new banking partner after Silicon Valley Bank’s failure, and is expanding ties with BNY Mellon.
Silicon Valley Bank shut down by California regulator
The FDIC stated that as receiver, it had immediately transferred all insured deposits of Silicon Valley Bank to the newly created Deposit Insurance National Bank of Santa Clara (DINB).
Bitcoin price enters ‘transitional phase’ according to BTC on-chain analysis
BTC has struggled to overcome the $25,000 level, but on-chain analysis suggests that the pushback at the key price level is part of the transition out of the bear market.
Ukraine’s Government-Provided Crypto Addresses Raised $70 Million During War, Report
Crypto donations collected by the government in Kyiv since the start of the Russian invasion have amounted to almost $70 million, according to Chainalysis. Ether has been the most donated…
Coinbase launches grassroots campaign for pro-crypto policy in the U.S.
The company provided a link for voters to sign up so that they can gain information about local politicians’ crypto policies
Is the SEC’s action against BUSD more about Binance than stablecoins?
The SEC’s enforcement action against BUSD raises questions about whether the regulatory body is focused on the stablecoin market or the crypto exchange Binance.
FSB, IMF and BIS papers to set global crypto framework, says G20
A series of recommendations and papers setting standards for a global crypto regulatory framework will be released by the institutions in July and September.
The limitations of the EU’s new cryptocurrency regulations
By the time MiCA makes it through the EU, will it be enough to effectively regulate the crypto industry on the continent?
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