Auto Added by WPeMatico

ECB Calls for Urgent Regulation of Stablecoins and Defi, Won’t Rule Out Bitcoin Mining Ban

A new report by the European Central Bank (ECB), presented as a “deep dive into crypto financial risks,” calls for “appropriate” regulation and oversight of stablecoins and decentralized finance (defi).…

Continue ReadingECB Calls for Urgent Regulation of Stablecoins and Defi, Won’t Rule Out Bitcoin Mining Ban

Celsius Files for Bankruptcy — Regulator Says the Crypto Lender Is ‘Deeply Insolvent’

Another crypto lender, Celsius Network, has sought bankruptcy protection in the U.S. “Customer claims will be addressed through the Chapter 11 process,” the company said. Two other crypto firms recently…

Continue ReadingCelsius Files for Bankruptcy — Regulator Says the Crypto Lender Is ‘Deeply Insolvent’

EU Regulator Warns About Crypto — Questions Whether Many Will Survive

European Securities and Markets Authority (ESMA) Chair Verena Ross says that the crypto market crash should be a “cautionary lesson” for investors. She noted that there is a “real question”…

Continue ReadingEU Regulator Warns About Crypto — Questions Whether Many Will Survive

US Bankruptcy Judge Freezes Crypto Hedge Fund Three Arrows Capital’s Assets

A federal judge in a New York bankruptcy court has frozen the assets of crypto hedge fund Three Arrows Capital (3AC). “A key part of this motion is to put…

Continue ReadingUS Bankruptcy Judge Freezes Crypto Hedge Fund Three Arrows Capital’s Assets

US Treasury calls for public comment on digital asset policy, following Biden’s executive order

President Joe Biden's executive order on crypto from March directed the Treasury Department to take the lead among other government agencies in developing policy recommendations.

Continue ReadingUS Treasury calls for public comment on digital asset policy, following Biden’s executive order