T he U.S. crypto community has long regarded Gary Gensler as one of its foremost enemies. Over the last few years, the Securities and Exchange Commission (SEC) chair has talked often about the dangers ...
Congressional Republicans aren’t happy with an SEC effort to rein in crypto platforms
Congress’ biggest proponents of cryptocurrencies are pushing back against a Securities and Exchanges Commission bulletin that would impact how banks and financial institutions account for digital ...
Silvergate Had a Crypto Bank Run
Also the Washington Commanders’ private-jet fees, Greenbrier’s private-jet fees, private-equity advisory boards’ luxury travel and LJIM/SJIM.
Senators press crypto exchange Binance on potentially illegal business practices after FTX collapse
Senators are pressing Binance, the world's largest cryptocurrency exchange, for detailed information on its finances and compliance practices.
Crypto Influencer Confronted On-Camera Over Alleged Scam
Crypto influencer and alleged scammer Newman Perez has more than 668K followers on Instagram—one of them found him in a shopping center in Colombia.
‘Groundbreaking’ Crypto Index 401(k) Opens Up $7 Trillion Market Beyond Bitcoin And Ethereum After Huge Price Crash
Controversial plans developed over last crypto bull run to expose 401(k) retirement savings plans to the wild swings of the bitcoin price are being expanded to include a handful of smaller ...
Banks are cutting exposure to crypto, says BIS report
Banks across the globe have decreased their exposure to certain cryptocurrencies by as much as 43.6% in 2022, according to a new report by the Bank for International Settlements (BIS).
Three Japanese Banks Start Stablecoin Experiment
Three Japanese banks are to experiment with stablecoin payments as they work to implement a system that meets legal requirements, according to a Thursday press release. Tokyo Kiraboshi Financial Group ...
Latest Crypto News: Former FTX Director of Engineering Pleads Guilty, 83% Of Japanese Traders To HODL Cryptos
HODL remains relevant in 2023 amidst Bitcoin's latest bout of volatility. Zero Accel surveyed 330 crypto holders in 47 Japanese provinces in January 2023, and 82.7 per cent of them said they “intend ...
Who is Monkey? The notorious crypto scammer, who drained over $24 million and inspired a legion of copycats, has disappeared
Fortune Crypto provides smart and timely news about Bitcoin, Ethereum and how startups and big companies are using blockchain to transform finance and investing.
Japan stocks lower at close of trade; Nikkei 225 down 0.06%
Investing.com – Japan stocks were lower after the close on Thursday, as losses in the Retail, Pharmaceutical Industry and Gas&Water sectors led shares lower. At the close in Tokyo, the Nikkei 225 fell ...
Ex-BOJ chief sees “modest” effect in Japan’s massive monetary easing
Former Bank of Japan Governor Masaaki Shirakawa has criticized the powerful monetary easing undertaken by his successor and current chief Haruhiko Kuroda, saying its impact on inflation and economic ...
Inflation’s direction will drive crypto’s action in March now that the 2023 rally has faded
If we're right and more upside lies ahead in the near term, it's tough to think crypto isn't a major beneficiary." What to watch Though industry developments accounted for much of the trading action ...
Silvergate’s Worsening Crypto Losses Feed Watchdogs’ Worst Fears
For months, US authorities have been racing to sever ties between banks and risky crypto ventures, worried the financial system could someday suffer serious losses. They may have been too late.
Binance to revive bid for Singapore crypto permit -Nikkei
Crypto exchange Binance will have its custodial arm apply for a permit to offer cryptocurrency services in Singapore "in due course", Nikkei Asia reported on Thursday, citing executives from the unit.
Analysis: Australia’s DIY pension funds lose millions on crypto bets, investors not sweating it
Thousands of Australians who used do-it-yourself (DIY) pension funds to bet on cryptocurrencies face hundreds of millions of dollars in losses, jeopardising their savings in a scheme originally set up ...