Former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang have plead guilty to criminal charges, U.S. Attorney for the Southern District of New York Damian Williams announced. Th...
Tag: Policy
Retiring Sen. Toomey introduces new stablecoin bill
Sen. Pat Toomey, R-Pa., introduced a bill that would establish a federal framework for stablecoins and aims to “guide Congress” toward future crypto regulation, less than two weeks before the Republic...
Bankman-Fried extradition to U.S. approved: WSJ
Sam Bankman-Fried is headed back to the U.S. to face criminal charges over the collapse of FTX after a judge approved his extradition from the Bahamas, the Wall Street Journal said. Bankmnan-Fri...
Brazil’s cryptocurrency regulation set to become law at midnight
Cryptocurrency regulation in Brazil is poised to become law at midnight local time. The bill, which was approved by the Chamber of Deputies two weeks ago, aims to regulate providers of virtual a...
Coinbase approved as Virtual Asset Service Provider by Irish central bank
Coinbase was granted approval by the Central Bank of Ireland to operate as a Virtual Asset Service Provider (VASP). The registration means the company can continue to provide products and servic...
Japan’s “Sudden and Unexpected” Policy Shift and its Effect on BTC
The Bank of Japan (BOJ) unexpectedly raised the cap on the 10-year Japanese government bond yields to 0.5% from 0.25%. After this, the price of Bitcoin rallied over 4%. According to the Forbes report...
The Block: Sam Bankman-Fried signs US extradition papers: ABC News
Sam Bankman-Fried signed extradition papers to return to the United States from the Bahamas, a week after he was criminally indicted by a federal grand jury. Bankman-Fried was arrested in the B...
Coinbase hit an all-time low yesterday but says it’s not all bad news. Mostly.
It’s been a tough year for crypto. But Coinbase, whose stock has been flirting with an all-time low, laid the ground for optimism in its 2023 Crypto Market Outlook. Factors including susta...
Why the Bank of Japan’s surprise policy twist is rattling global markets
Anchors aweigh? The Bank of Japan sent shock waves through global financial markets Tuesday, effectively loosening a cap on 10-year government bond yields in a surprise move seen as potentially pointi...
ETH Back Above $1,200 as Bank of Japan Policy Decision Impacts Markets – Market Updates Bitcoin News
Ethereum rose back above the $1,200 level on Tuesday, as the dollar rebounded following the latest Bank of Japan (BOJ) policy decision. The bank adjusted its yield curve control, which increased its c...
JPY surges as BOJ adjusts the yield curve control policy
Japanese yen (JPY) traders had a busy day as the Bank of Japan (BOJ) decided to tweak its monetary policy before Christmas. In a stunning maneuver, the central bank announced today that it would allow...
Global Markets Jolted as BOJ Surprises With Yield Policy Change
(Bloomberg) — The Bank of Japan sent shock waves through markets after it unexpectedly revised its yield-curve-control policy, signaling that the developed world’s last holdout to rock-bottom in...
How Japan Monetary Policy Will Impact Bitcoin, Ethereum Price
The Bank of Japan Governor Haruhiko Kuroda on Tuesday expanded its target range for 10-year yields to 50 basis points from 25 to add flexibility to the central bank’s monetary policy. However, this ca...
Musk Says Twitter Will Restrict Voting on Policy to Blue Members
(Bloomberg) — Twitter Inc. will restrict voting on major policy decisions to paying Twitter Blue subscribers, company owner Elon Musk said in one of his first tweets following a poll calling for...
Alameda gave $400 million to startup in same condo as SBF: CoinDesk
Modulo Capital, a relatively unknown firm that appears to have a lot in common with Sam Bankman-Fried and Caroline Ellison, received a $400 million loan from Bankman-Fried’s investment firm, Ala...
Bankman-Fried will agree to extradition to U.S.: reports
Former FTX CEO Sam Bankman-Fried on Monday decided to agree to be extradited to the U.S. to face fraud charges, Reuters reported, citing his lawyers. The report came several hours after one of B...
Incoming House chairman wants regulators to form offices of innovation
The incoming chair of the House Financial Services Committee wants regulators to “to modernize and streamline how innovators interact with regulators,” and grant offices of innovation the ...
Hong Kong Internet Stocks Ride Policy Tailwind As Covid-19 Weighs On Mainland Sentiment
China Last Night KraneShares Key News Asian equities had a rough Monday, less so India and Singapore as Lionel Messi turned the world into soccer fans (at least temporarily!) with Argentina’s thrillin...
Grayscale may return some capital to investors if GBTC’s ETF dreams fail: WSJ
Grayscale Investments will explore how to return up to 20% of its Grayscale Bitcoin Trust’s capital to shareholders if it cannot turn the product into an exchange-traded fund. A tender off...
Despite Lousy Trade Policy, U.S. Imports To Top $3 Trillion For 2022
China is the leading importer into the United States but its percentage of the total is the lowest … [+] since 2008. AFP via Getty Images U.S. imports are poised to top $3 trillion for the first...
Chinese Stocks Slump as Covid Woes Outweigh Policy Push
(Bloomberg) — Chinese stocks slid as growing disruptions from Covid outbreaks hurt sentiment, offsetting the boost from a key policy meeting where authorities pledged growth support. Most Read f...
Unified Crypto Policy Regulation Underway by G20 Countries
8 seconds ago | 2 mins read Bitcoin News Gopinath is in India for the moment while she attends the Group of Twenty summit. The policy stance will aid nations to reach an agreement on how to regulate c...
G20 Countries to Build Crypto Policy Consensus for Better Global Regulation – Regulation Bitcoin News
The G20 countries aim to build a policy consensus on crypto assets for better global regulation. “After the crypto meltdown which we have seen recently, it is clear that we need internationally agreed...
The Block: US prosecutors probing Bankman-Fried’s political donations: NY Times
U.S. federal prosecutors are seeking more information about political donations made to Democrat and Republican lawmakers by former FTX CEO Sam Bankman-Fried and two executives he worked with, accordi...
Sam Bankman-Fried won’t fight U.S. extradition: Reuters
Sam Bankman-Fried, the founder and former CEO of FTX, is expected to tell a court in the Bahamas on Monday he will no longer contest extradition to the United States, where he is facing criminal fraud...
Silvergate Swags, BTC Lag Down to Recover Amid Fed’s Policy Announcements
BTC Sick Nowadays Fed’s – relatively modest– rate hike on December 14, 2022 may have caused a slight decline in crypto prices. Stocks connected with the crypto industry have also descended, but Silver...
Riot Games looks to distance itself from Sam Bankman-Fried
He’s been kicked out of the “League.” The maker of Sam Bankman-Fried’s favorite game, League of Legends, wants out of its exclusive sponsorship agreement with the disgra...
Class action lawsuit claims Silvergate played role if FTX’s fraud
A class-action lawsuit claims that Silvergate Bank played an “integral” role in the alleged fraud at Sam Bankman-Fried’s crypto exchange FTX. The plaintiffs are Joewy Gonzalez...