White House says ‘prudent regulation of cryptocurrencies‘ is needed, hinting at situation with FTX
According to Press Secretary Karine Jean-Pierre, the administration and financial agencies will “closely monitor” developments in the crypto market.
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US lawmaker warns of ‘major consequences’ for users of unregulated crypto firms, citing FTX
"FTX’s FTT tokens are now worthless, and even worse, FTX.com customers are completely unable to access their funds,” said Maxine Waters.
Japan’s financial regulator requests FTX Japan halt operations
Under the orders, FTX Japan will be required to suspend OTC derivatives transactions and related margins as well as new deposits from Nov. 10 to Dec. 9 unless the FSA…
Queen Maxima of Netherlands Sees Multiple Benefits of Digital Euro
Queen Maxima of the Netherlands has outlined multiple benefits central bank digital currencies (CBDCs) could bring, particularly in the area of financial inclusion. “Governments could use a digital euro to…
FTX Faces Federal Probes as FTX Ventures, Alameda Sites Go Dark
FTX’s plight continuestwo of its related websites have gone offline while the firm faces mounting regulatory scrutiny. Alameda, FTX Ventures Go Offline Two sites affiliated with FTXthose of FTX Ventures...
MiCA proponent cites FTX in advocating for regulation: ‘Crypto assets are not play money’
"With a global MiCA, the FTX crash would not have happened," said European Parliament economics committee member Stefan Berger.
Post-election roundup: Who were the pro- and anti-crypto winners and losers from the US Midterms?
Political newcomer and Bitcoin holder J.D. Vance will take Rob Portman's U.S. Senate seat in Ohio, but majority control of both chambers of Congress has yet to be decided.
In staff letter, Binance CEO embraces scrutiny from regulators amid potential FTX deal
“People now think we are the biggest and will attack us more,” said Changpeng Zhao in a letter updating staff on the situation with FTX.
Cryptocurrencies Affect Central Bank Tasks, Dutch Monetary Authority Says, Urges Global Regulation
Convinced that cryptocurrencies are affecting the tasks performed by monetary authorities around the world, the Dutch central bank has urged for comprehensive international regulations. The call comes after research into…
Hong Kong ‘Actively Looking’ to Establish Regulatory Framework to Allow Crypto Futures ETFs: Report
Hong Kong’s Securities and Futures Commission (SFC) is “actively looking” to create a regulatory framework that allows crypto futures exchange-traded funds (ETFs), an SFC official reportedly said. “We have come…
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