Securities regulators in Texas and Alabama are expanding their investigations into troubled crypto lending firms Celsius and Voyager, according to a Bloomberg report on Friday. The two states are said...
Tag: Scrutiny
State Regulators Intensify Scrutiny of Voyager: Report
Securities regulators in Texas and Alabama announced today that they are expanding their investigations into Voyager following the emergence of new information after the collapse of the exchange. R...
Regulator Scrutiny Over Crypto Lender Voyager Intensifies
Security regulators in Texas and Alabama have intensified investigations into crypto lender Voyager following the recent slump witnessed by the platform. Soon after the information emerged regarding t...
Lending Implosion Forces Regulatory Scrutiny in Texas and Alabama
Authorities in Texas and Alabama are widening their inquiry into the collapse of crypto-lending companies, Voyager Digital and Celsius Network. According to a Bloomberg report, the inquiry of the stat...
FDIC Insured Claim by Voyager Digital Under Scrutiny Amid Crisis
Defi News Voyager announced its Chapter 11 bankruptcy filing on Wednesday. An insured bank must provide $250,000 in insurance to each of its customers. As confirmed by an FDIC official, Reuters report...
Scrutiny Intensifies on Voyager and Celsius
Key Takeaways Securities regulators in Texas and Alabama are expanding their investigations into Voyager and Celsius. The Texas State Securities Board is now investigating whether or not Voyager fully...
Voyager Digital Under FDIC Scrutiny As It Files For Bankruptcy
Voyager Digital could come under added scrutiny after its marketing came on the radar of the FDIC, reportedly because come customers of the platform did not understand the scope of FDIC protection for...
Audits Of Trump Foes Comey And McCabe Under Scrutiny By Watchdog, IRS Says
Topline The Internal Revenue Service said Thursday it has asked the Treasury Department’s internal tax watchdog to look into reports former FBI Director James Comey and his deputy Andrew McCabe, two f...
Crypto Broker Voyager Claims It Was FDIC Protected Draws Regulatory Scrutiny
The FDIC – a federal regulator tasked with overseeing bank stability in the U.S. – protects customers from losing their funds in the event of a bank collapse, insuring up to $250,000 per account. This...
Major League Baseball’s Antitrust Exemption Once Again Faces Scrutiny On Capitol Hill
Then baseball commissioner Bud Selig (l.) and former Minnesota Gov. Jesse Ventura prior to the start … [+] of a 2001 House Judiciary Committee hearing on MLB’s antitrust exemption. CQ-Roll...
Bancor Under Scrutiny After Pausing Impermanent Loss Protection Citing “Hostile Market Conditions”
Decentralized Finance (DeFi) protocol Bancor, often considered a pioneer in the DeFi space, has come under fire after it paused the impermanent loss protection program. The pause was done citing extre...
U.S. Department of Labor Faces Scrutiny on Bitcoin 401(k) Plans
The U.S. Department of Labor is receiving pushback from an industry initiative, requesting it rescind its previous guidance on including crypto in 401(k) plans. The Crypto Council for Innovation (CCI)...
After Binance And Ripple, Terra’s Do Kwon Under SEC Scrutiny!
The aftermath of Terra crash is gaining new grounds every day. Now, Terra creator Do Kwon and Terraform Labs (TFL) is directed by a judge to cooperate with an SEC investigation. However, the investiga...
Binance Faces SEC Scrutiny Over 2017 BNB Coin Offering
Key Takeaways Binance is facing an investigation from the SEC over whether the firm’s initial coin offering amounted to the sale of a security. Since the SEC investigation news broke yesterday, ...
Bitcoin Paychecks Come Under Scrutiny as Prices Decline; New York & Miami Mayors Still Bullish
While crypto prices surged last year, athletes and politicians opted to receive their paychecks in crypto, which would have dropped in value at today’s prices. An unmistakable trend in 2021 saw the Ne...
Do Kwon Made A Mistake But Terra Staff Face Legal Scrutiny
The Terra crew has been summoned by the Seoul Southern District Prosecutor’s Office’s financial and securities criminal investigation team to investigate the fundamental reasons behind the...
White House Heightens Scrutiny on Crypto Miner’s Energy Consumption
The Biden Administration is making detailed preparations for policy recommendations to lower crypto mining’s energy usage and emissions footprint. The move marks the government’s further entry t...
Polygon Takes Considerable Scrutiny Measures, Requests KYC Details To Conduct Funding
Polygon is currently implementing stricter customer information for all potential collaborations for legal entities resident in India as the country’s regulatory scrutiny increases. According to an in...
Forbes Scraps SPAC IPO Agenda amid Dwindling Investor Interest & Heightened Regulatory Scrutiny of Blank-Check Firms
Forbes has reportedly pulled the plug on its SPAC IPO after conducting market reevaluations. An official announcement is expected soon. Forbes will not be going forward with its SPAC initial public of...
Polygon looking for improved KYC scrutiny in India
India has continued to work on its crypto policy but hasn’t clearly stated its stance yet. The latest in this regard is improved scrutiny measures from Polygon. The global political changes have force...
Terra Under Scrutiny, South Korea Launches Investigation
Per a report from a local news media, South Korean authorities have launched a full investigation against the developers of Terra (LUNA). Once one of the most popular cryptocurrencies in this sector, ...
South Korea to tighten scrutiny of exchanges after Terra LUNA collapse
? Want to work with us? CryptoSlate is hiring for a handful of positions! The collapse of the Terra ecosystem has sent shockwaves across the crypto ecosystem, dragging down the entire market. The deba...
Trump Endorses Loudermilk—Who’s Under Scrutiny For Capitol Tour Day Before Jan. 6
Topline Former President Donald Trump said Saturday he’s backing Rep. Barry Loudermilk (R-Ga.) for reelection, with the endorsement coming just two days after the January 6 committee announced i...
Stronghold Mining Posts Q1 Results Amid Scrutiny of Coal-Fired Mining
Pennsylvania-based Stronghold Digital Mining has reported first-quarter revenues of $28.7 million amid increased scrutiny on resurrecting fossil fuel plants for mining operations. Stronghold, which us...
Elon Musk invited legal scrutiny by tweeting out his doubts about a $44 billion Twitter bid
Tesla (TSLA) CEO Elon Musk’s early Friday morning tweet proclaiming that his $44 billion bid to buy Twitter (TWTR) is on hold may violate laws meant to protect public markets from manipulation, expert...
Scrutiny of Elon Musk’s Twitter Moves Intensifies in Washington
(Bloomberg) — Elon Musk’s bid to buy Twitter Inc. is facing more scrutiny in Washington following a report that the US Securities and Exchange Commission is probing whether he broke rules last m...
Algorithmic Stablecoins are Coming Under Scrutiny from Policy-Focused Intellectuals
Washington’s political intellectuals are now turning to CBDC’s topic and the stablecoin policy of US Capital. The President’s working group is focusing hard on making this a top priority legislative i...
Central African Republic Under Scrutiny By IMF Following Bitcoin Adoption
The Central African Republic is under scrutiny from financial analysts, entrepreneurs, and the International Monetary Fund (IMF), drawing unfavorable comparisons with El Salvador’s bitcoin project. Ac...
More Scrutiny Needed Of U.S. Officials’ Business Ties To China, Says Princeton Professor
Aaron Friedberg, author of “Getting China Wrong,” says “the architects of engagement got China wrong because they underestimated the skill and tenacity” of its leaders. Aaron Friedbe...
Bank of England Seeks More Funds to Scale up Crypto Scrutiny – crypto.news
The United Kingdom’s central bank, the Bank of England (BOE), is looking to raise over $400 million from commercial banks under its purview, to increase scrutiny on cryptocurrency. BOE Keen on Monito...
UK Central Bank to Raise $420 Million to Up Crypto Scrutiny
Britain’s banking regulator is planning to seek funding from the institutions it administers in order to increase its oversight of the crypto industry. The Bank of England’s Prudential Regulation Auth...