New York City mayor Eric Adams is still focused on making New York a crypto hub, but he believes that goal can be combined with statewide efforts to curb environmental costs related to crypto mining, ...
Tag: regulators
Genesis is being investigated by U.S. state regulators: Report
According to recent reports, the crypto lending division of the Digital Currency Group (DCG), Genesis Global Capital, is the subject of an investigation by state security regulators in the United Stat...
State Securities Regulators Probe Crypto Lender Genesis – Regulation Bitcoin News
State securities regulators are reportedly investigating Genesis Global Capital in a broad range probe into the “interconnectedness of crypto firms,” Barron’s reported on Friday. The report notes that...
American regulators to investigate Genesis and other crypto firms
Cryptocurrency lending firm Genesis Global Capital and other crypto firms are under investigation by securities regulators in the United States, according to reports on Nov. 25. Joseph Borg, director...
Disaster looms for Digital Currency Group thanks to regulators and whales
The cryptocurrency tide is flowing out, and it looks more and more like Digital Currency Group (DCG) has been skinny dipping. But let’s be clear: The current crypto contagion isn’t a failure of crypto...
Banking Regulators Says Citigroup Faulted On Managing Financial Data
According to a review, Citigroup Group Inc (NYSE: C) needs to address the shortcomings in managing financial data that could sometimes hurt its ability to produce accurate financial reports. “Issues r...
Texas Regulator’s Investigation on Celebrities who Endorsed FTX
Tom Brady, Steph Curry, who previously endorsed FTX, are reportedly being probed by Texas regulators. The investigation by Texas regulators is for looking at whether endorsements violated securities l...
Citigroup faulted by U.S. banking regulators for poor data management in ‘living will’ review
CEO of Citigroup Jane Fraser testifies during a hearing before the House Committee on Financial Services at Rayburn House Office Building on Capitol Hill on September 21, 2022 in Washington, DC. Alex ...
Bahamas Court Orders FTX To Pay Remuneration Fees to Regulators
50 mins ago | 2 mins read Exchange News On November 12th, the Supreme Court ruled that FTX’s digital assets monitored by regulator. Fifty of the exchange’s largest debtors are owed a total of $3 billi...
FTX ordered to pay reimbursement fees to Bahamian regulators
The bankrupt cryptocurrency exchange FTX’s trouble continues to mount with each passing day, with the latest coming from the Bahamas, once its headquarters. The Supreme Court of Bahamas issued an orde...
Regulators Have Feet on the Ground at LedgerX- Commissioner CFTC
FTX US acquired LedgerX in the second quarter of 2021. The CFTC has enforced digital assets cases involving frauds, Ponzi Schemes, Pump and Dump schemes. The Commodity Futures Trading Commission Com...
FTX Bankruptcy Jurisdiction Fight: Bahamas Regulators Now Confirm They Directed SBF to Move Assets
At least some of the millions of dollars in FTX customer funds mysteriously moved off the exchange last week were moved at the direction of regulators in the Bahamas. That assertion was made in a new ...
The Perils Of Gen Z Politicians And Boomer Regulators
Mark Penn thinks a lot about the impact of demographics on business. The political strategist and CEO of Stagwell Inc. shares what he’s discovered about the mindset of young voters from teaching at Ha...
Fallen FTX Founder Bankman-Fried Gives Regulators the Middle Finger
Sam Bankman-Fried, the founder of the FTX cryptocurrency exchange, can not hide his disgust at financial regulators. The 30-year old former billionaire borrowed a whopping $1 billion from one of his b...
Bahamas Regulators Now Confirm They Directed SBF to Move Assets
At least some of the millions of dollars in FTX customer funds mysteriously moved off the exchange last week were moved at the direction of regulators in the Bahamas. That assertion was made in a new ...
Bahamian Regulators Assume Control of FTX’s Assets
The Securities Commission of The Bahamas announced on Thursday that it directed that all digital assets of FTX Digital Markets Ltd (FDM) be transferred to a digital wallet controlled by the Commission...
Bahamas Regulators Want Control of FTX Bankruptcy Proceedings
Regulators in the Bahamas want to take control of FTX’s bankruptcy proceedings in what could become a messy process. Yesterday, FTX Digital Markets Ltd., the exchange’s Bahamian subsidiary, filed for ...
U.S. Regulators May Face Scrutiny Over FTX Links
Key Takeaways FTX’s collapse has raised suspicions about why regulators could not see the fraud coming. FTX filled key positions with former regulators with ties to both the Commodity Futures Tr...
Binance says it cannot provide FTX details because of talks with regulators
Authorities in multiple jurisdictions are questioning Binance over the international crypto exchange’s role in the downfall of FTX, a company spokesperson confirmed to The Block. The inqui...
‘And so He Won’: SBF Dishes on Changpeng Zhao, Bankruptcy and Regulators in Candid DM Exchange With Vox Reporter
Disgraced FTX founder Sam Bankman-Fried is speaking his mind following the crash of his crypto empire in a direct message conversation with a Vox reporter. During a Twitter exchange with Vox reporter ...
Federal financial regulators ‘sound like Sam Bankman-Fried’
California Representative Brad Sherman, who repeatedly called for a ban on United State residents buying crypto, accused leaders at several financial agencies of parroting former FTX CEO Sam Bankman-F...
As SBF Disses Regulators, FTX Disowns SBF
Directly after outlandish new comments from FTX founder Sam Bankman-Fried became public, FTX’s new CEO took a moment to distance the company from the exchange’s former leader. In an interview with Vo...
Sam Bankman-Fried says ‘f*ck regulators’ in wide-ranging interview with Vox
Former FTX CEO Sam Bankman-Fried made a number of eyebrow-raising statements in a wide-ranging interview conducted over Twitter DMs for more than an hour late Tuesday with Vox reporter Kelsey Piper. &...
Binance secures Abu Dhabi regulator’s green light to offer crypto-services
Abu Dhabi has granted regulatory approval to leading cryptocurrency exchange Binance to offer its crypto-services to professional clients. The exchange received a Financial Services Permission (FSP) f...
CFTC Chair Calls for International Coordination Between Regulators for Crypto Industry
The head of the U.S. Commodity Futures Trading Commission (CFTC) says financial regulators around the world should coordinate to effectively oversee the crypto industry. In a new interview with CNBC, ...