| Getty Images Key Takeaways The Bank of Japan announced a tweak to its interest rate policies, allowing ten-year bond yields to rise. It also announced an increase in its bond-buying program. Overall...
Tag: Policy
U.S. regulators issue post-FTX collapse crypto warning to banks
U.S. banking regulators remain skeptical of banks holding digital assets. The Federal Reserve, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. put out a jo...
Bankman-Fried pleads not guilty to criminal charges
Disgraced former FTX CEO Sam Bankman-Fried pleaded not guilty to fraud charges in a New York federal court on Tuesday. Bankman-Fried faces multiple charges, including wire fraud and campaign fin...
Bahamas regulator fires back in ongoing feud with new FTX leadership
Heated exchanges between authorities in The Bahamas and FTX’s new management have spilled over into the new year. The Securities Commission of The Bahamas (SCB) released a statement late on Jan....
U.K. activates new crypto tax policy to encourage foreign investment
Effective Jan.1, 2023, the U.K. will offer tax relief for crypto foreign investors who purchase digital currencies via regulated brokers and investment managers. This is as the region takes concrete s...
Making Comprehensive Crypto Policy Out of Regulatory Patchwork
By now, most people are familiar with the saga of FTX and Sam Bankman-Fried, the founder, majority owner, and, until recently, wunderkind CEO of the now-defunct crypto exchange. Before his abrupt fall...
Here’s how to know if your company’s layoff policy is a ‘good’ one
Andreypopov | Istock | Getty Images Layoffs this year have been mostly limited to the hardest-hit sectors of the economy, especially tech. But depending on your industry, you might find yourself face-...
FTX Debtors will seek return of crypto held by Bahamas regulator
FTX Trading and its affiliated debtors said Friday that they would seek the return of crypto controlled by the Securities Commission of the Bahamas to their chapter 11 estates for the benefit of credi...
Binance.US deal with Voyager may fall under federal committee review
An agreement between Binance.US and bankrupt crypto lender Voyager Digital may be subject to review by the Committee on Foreign Investment in the United States (CFIUS), court filings showed. The...
SBF tweets for first time since arrest, says he didn’t move funds
Sam Bankman-Fried, the former CEO of bankrupt crypto exchange FTX, tweeted for the first time since his arrest earlier this month. He said he was not responsible for funds that appear to have been mov...
Happy New Year As Electric Vehicle & Auto Companies Celebrate Policy Support, Week In Review
China Last Night KraneShares Week in Review Asian equities had a bumpy week as reopening, and the spread of COVID in China continued to capture headlines, and US equities came back from the Christmas ...
Italian lawmakers approve 26% capital gains tax on crypto: CoinDesk
Italy’s Parliament has approved a 26% capital gains tax on crypto, according to a report from CoinDesk. The tax, in the works since earlier this year, will be levied on profits in excess o...
SBF met Biden aides to discuss crypto policy before FTX downfall
Former FTX CEO Sam Bankman-Fried “SBF” met with White House officials on at least four separate occasions in 2022. Bankman-Fried donated over $70 million to election campaigns within 18 months, being ...
Turkey’s Central Bank says digital lira tests will continue in 2023
Turkey’s central bank said Thursday that it successfully carried out the first payment transactions on the Digital Turkish Lira Network as part of first-phase studies. The central bank wil...
Elon Musk’s New Twitter Policy Will Question Science
2 hours ago | 2 mins read Editors News Elon Musk tweeted that the New Twitter policy will be to follow science. He also states that questioning them is questioning science itself. Elon Musk, the Boss ...
Are Monetary Policy Impulses Fueling Cryptos Price Decline? ⋆ ZyCrypto
Advertisement     The ranging inflation figures witnessed in 2022 have plunged households across the globe to contend with rising food, rent, and energy prices. The st...
Bankman-Fried arraignment in New York set for next week
Disgraced FTX founder Sam Bankman-Fried will be arraigned by the U.S. District Court for the Southern District of New York next week. Court documents set Bankman-Fried’s arraignment on Jan...
Gemini, Winklevoss twins facing potential class action from investors
The Winklevoss twins and their Gemini Trust Co. are facing a potential class action lawsuit for failing to register its interest-bearing accounts as securities. Investors accused the company and...
Mango Markets exploiter arrested in Puerto Rico for alleged market manipulation
Authorities are not buying that code was law in the $114 million exploit of a decentralized exchange. Federal authorities have arrested Avraham Eisenberg in Puerto Rico for his exploit of decen...
Supreme Court Keeps Trump-Era Border Policy In Place—For Now
Topline The Supreme Court on Tuesday allowed a controversial Covid-era policy aimed at expelling undocumented migrants to stay in place for at least a few more months, ruling in favor of Republican-le...
Sam Bankman-Fried criminal case assigned to new judge: Reuters
The criminal case against former FTX CEO Sam Bankman-Fried was reassigned to U.S. Judge Lewis Kaplan after U.S. District Judge Ronnie Abrams recused herself on Friday, Reuters reported, citing a court...
Judge withdraws from Bankman-Fried case, citing potential conflict of interest
District Judge Ronnie Abrams withdrew her participation from legal proceedings around crypto exchange FTX’s disgraced former CEO and founder, Sam Bankman-Fried, amid a potential conflict of inte...
Caroline Ellison tells court she knowingly misled lenders: Bloomberg
Caroline Ellison, the former CEO of Alameda Research, told a federal court in New York that she knowingly misled lenders about how much the firm had been borrowing from the collapsed FTX crypto exchan...
IRS to delay $600 payment platform reporting threshold, calls 2022 “transition period”
The Internal Revenue Service is delaying new requirements that require third-party settlement organizations like PayPal and Venmo to report transactions that exceed a minimum threshold of $600 in aggr...
The Secure Act Will Change Retirement Policy. 6 Big Changes That Will Soon Become Law.
Now that the Senate has passed a sweeping spending bill to fund the federal government into next year and avert a shutdown, advisors are cheering a major overhaul of the rules around retirement saving...
B2BinPay Introduces Brand-New Pricing Policy, Tokens, Merchant Models & Much More!
B2BinPay has introduced new updates to their commissions, website, Enterprise and Merchant Models, and the global update of the whole solution itself. B2BinPay is a premier provider of cryptocurrency ...
Ellison and Wang guilty pleas unsealed as Bankman-Fried granted bail
U.S. prosecutors released more details on the criminal charges that former Alameda Research CEO Caroline Ellison and FTX co-founder and former CTO Gary Wang pled guilty to earlier this week. The...
Democrats split on Gensler’s crypto approach post-FTX
As Congress weighs the FTX collapse, Democrats appear split on how much more the Securities and Exchange Commission and its chair, Gary Gensler, could have done to stave off what the agency now calls ...
Why Japan’s shock policy shift didn’t ‘freak out’ US markets: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, December 21, 2022 Today’s newslet...