US Congress to hold ‘crypto crash’ hearing on Feb. 14
The “Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets” hearing will come two months after senators met to discuss the collapse of FTX.
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Alleged Mango Markets exploiter waives bail during hearing in federal court
A federal judge presiding over Avraham Eisenberg's criminal case has reportedly set a followup court date for Feb. 14.
Japanese Prime Minister says DAOs and NFTs help support government’s ‘Cool Japan’ strategy
Fumio Kishida said there were “various possibilities for using Web3” in Japan and has previously supported blockchain-based initiatives for authorities using digital solutions.
Senate Banking Committee’s priorities for new Congress include crypto: Report
Senator Tim Scott, who became the committee ranking member following the departure of Pat Toomey, reportedly plans to make a crypto regulatory framework a priority in 2023.
US Treasury lists BTC, ETH addresses tied to Russian sanctions evasion group
The government department said it would impose “full blocking sanctions” on Jonatan Zimenkov and his crypto addresses due to his connections with a sanctions evasion network.
Meta gets court win in metaverse acquisition plans: Report
Should the Federal Trade Commission not appeal the ruling, Meta would likely be able to acquire additional companies offering metaverse-related products or services.
Bitcoin mining advocate is going state-to-state to educate US lawmakers
The legislatures in Mississippi and Missouri have separately introduced bills aimed at protecting certain activities of Bitcoin miners following visits from the Satoshi Action Fund.
US lawmakers renew request for answers from Silvergate on FTX: Report
Silvergate reportedly cited restrictions on disclosing “confidential supervisory information” related to the collapse of FTX in response to a similar December 2022 letter.
New York financial regulator investigates Gemini over FDIC claims: Report
Many Gemini Earn users reportedly claimed assets in their accounts had been protected by the Federal Deposit Insurance Corporation.
UK regulator investigates charity linked to FTX
The Charity Commission opened the inquiry on Dec. 19, after FTX had filed for bankruptcy in the United States and former CEO Sam Bankman-Fried was arrested.
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