BIS-funded regulator to probe DeFi entry points like stablecoins
The Financial Stability Board (FSB), the financial regulator funded by the Bank for International Settlements (BIS), is pushing international regulations for decentralized finance (DeFi).On Feb....
Ethereum price sits at key level as shorts liquidations rise
Ethereum (ETH/USD) price joined Bitcoin in its remarkable comeback on Thursday. It rose to a high of $1,696, which was close to the highest level...
Tether market cap nears $70B as SEC crypto crackdown hurts stablecoin rivals
The United States Securities and Exchange Commission (SEC) plans to sue Paxos for issuing and listing its Binance USD (BUSD) stablecoin, benefitting its top-rival, Tether...
European Union discusses using zero-knowledge proofs for digital IDs
The European Union is famous for its ambivalent relationship with privacy — on the one hand, it was the first place in the world to...
Binance banking problems highlight a divide between crypto firms and banks
Binance, the world's leading crypto exchange by trading volume, will temporarily suspend bank transfers in U.S. dollars. The exchange stated in a tweet on Feb....
Wyoming lawmakers pass bill to prevent forced disclosure of private keys
Wyoming lawmakers have passed a bill that will prohibit courts in the state from forcing someone to disclose their digital asset private keys, with one...
Ex-Stanford dean says SBF’s parents helped his family battle cancer
The former dean of Stanford Law School who co-signed Sam Bankman-Fried’s bail said he considered Bankman-Fried’s parents “the truest of friends” who helped his family...
Binance readies checkbook for potential fines from US regulators: Report
The world’s largest digital asset exchange, Binance, is preparing to face fines and penalties in order to settle outstanding regulatory and law-enforcement investigations in the...
SEC proposes tougher rules as part of its crypto custody crackdown
A five-member panel of the United States Securities Exchange Commission (SEC) has voted 4-1 in favor of a proposal that may make it more difficult...
SBF won’t be able to play League of Legends under proposed bail changes
Sam Bankman-Fried, the former CEO of crypto exchange FTX may no longer be able to play League of Legends and other video games if newly...