Banks must get approval before offering crypto, says NYDFS
New York Department of Financial Services published the new guidelines on 15 December 2022. All banking organisations must apply for permission to undertake any crypto...
FTX liquidators’ legal team urges cooperation with Bahamian authorities amid favoritism allegations
A lawyer representing provisional liquidators overseeing FTX’s operations in the Bahamas has pushed back against allegations officials in the country were using the collapse of...
This week in crypto: SBF arrested in The Bahamas
Authorities have arrested Sam Bankman-Fried in the Bahamas. Binance reserves are accounted for, says CryptoQuant. Ark Invest continues to invest in Coinbase. Sam Bankman-Fried has...
Australian regulator ASIC sues Finder Wallet
ASIC is suing Finder Wallet for providing unlicenced financial services. ASIC claims the Finder Earn product closely resembled a debenture. Finder Wallet stopped providing the...
Only for foreign trade: Bank of Russia stands against free crypto investment
Russia’s central bank is ready to consider allowing cryptocurrency use within the country, but only as part of a legal experiment, said governor Elvira Nabiullina.“It’s...
Metacade Smashes Past $1 Million In Three Weeks – Here’s Why
The GameFi market continues to prove popular with crypto investors, and MCADE, the native token for Metacade, is leading the charge. In the three weeks...
We can meet 100% of withdrawals, says Binance’s Changpeng Zhao
CZ dismisses concerns over whether Binance could handle a $2.1 billion withdrawal. The CEO confirmed that the crypto exchange could meet 100% of withdrawals on...
FTX collapse hearing: Kevin O’Leary says Binance caused the FTX implosion
Investor Kevin O’Leary is a hired FTX spokesperson in the ongoing FTX hearing. O’Leary has asserted that Binance was behind the collapse of FTX. Kevin...
Sam Bankman-Fried makes a new bail bid in the Bahamas Supreme Court
This is the second time SBF lawyers are filing for bail after the first application was denied. This time round SBF lawyers have gone to...
CryptoQuant confirms Binance reserves are accounted for
Binance has faced a FUD storm in the past few days about its reserves. Binance has also been in the spotlight amid the ongoing FTX...