Law Decoded: The long waves in the aftermath of UST’s crash, May 16-23
Officials from all over the world continue discussing the solutions for stablecoins' risks
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13% of Unbanked Americans Haved Used Cryptocurrency For Payments And Transfers, FED Survey Finds
Cryptocurrencies have become a relevant topic for the FED. Ths is the first time they are included in one of its surveys to better understand adult consumers’ experiences with emerging…
Luxury Fashion House Balenciaga Accepts Payments in BTC and ETH (Report)
The French fashion brand – Balenciaga – will reportedly embrace cryptocurrencies as a payment method for its products. Initially, the offering will be available at the firm’s US shops on…
CFTC Charges Two Men Behind $44 Million Crypto Ponzi Scheme
The United States Commodity Futures Trading Commission (CFTC) has charged two U.S. residents and their entities for running a cryptocurrency investment scheme that defrauded over 170 investors. CFTC Charges Two…
Record Inflation Rates Spread Worldwide, Could Crypto Ease Some of the Pain? (Op-ed)
The condition of the global economy seems to be in a state of knockdown. The years of financial boom after the crisis in 2008 ended with the outbreak of the…
Former BitMEX CEO Arthur Hayes Avoids Prison Time, Sentenced to 2 Years Probation
The co-founder and former CEO of the crypto derivatives platform BitMEX was sentenced to two years of probation, with the first six months to be spent in home confinement. In…
Biden’s pick for Fed vice chair for supervision calls for congressional action on stablecoins
Fed nominee Michael Barr said that the government agency potentially releasing a central bank digital currency was an issue that required “a lot more thought and study."
FTX US Launches Stock Trading for Select Users
The US arm of the cryptocurrency exchange, FTX, is going old school with the launch of its new stock-trading service for a limited number of users in the country. The…
FTX US to launch stock trading against stablecoins
FTX Stocks will allow retail investors to fund their accounts with fiat-backed stablecoins like USD Coin via the FTX US crypto exchange.
SEC chair uses crypto enforcement in justification for FY2023 budget
"We’re not trying to grow really significantly, but resources to grow at least six percent to grow our enforcement arm in this space," said Gary Gensler.
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