Crypto.com gets MVP preparatory license from Dubai regulator
Crypto.com announced it has obtained a minimal viable product (MVP) preparatory license from Dubai’s Virtual Asset Regulatory Authority (VARA).This preparatory phase operations license came after...
Taiwan watchdog FSC to assume authority on crypto regulation
The Financial Supervisory Commission of Taiwan (FSC) will become the primary regulator of cryptocurrencies in the island country, according to the head of the authority.FSC...
Australian Banking Association’s cost of living inquiry reveals bank pressure
The trade association for the Australian banking industry — Australian Banking Association (ABA) — launched a cost of living inquiry to closely study the impact...
Over 80 crypto firms eyeing presence in Hong Kong: Financial Secretary
More than 80 virtual asset-related firms across Mainland China and foreign nations have expressed interest in establishing a presence in Hong Kong, amid efforts from...
FDIC sells Signature Bank deposits to Flagstar, crypto not included
Only a week after its collapse, Signature Bank’s deposits and loans are set to be sold to Flagstar Bank, a subsidiary of New York Community...
Venezuela overhauls national crypto department
Venezuela's president Nicolás Maduro has announced the reorganization of the National Superintendency of Crypto Assets, known as Sunacrip in Spanish, according to a decree issued...
SBF shilled FTX risk model to FDIC chairman Gruenberg prior collapse
Before crypto exchange FTX and its founder Sam Bankman-Fried (SBF) got tied down around allegations of misappropriation of users’ funds, SBF was among the most...
Peter Schiff blames ‘too much gov’t regulation’ for worsening financial crisis
The recent fall of major banks in the United States and the need for federal intervention reignited discussions to identify the most effective ways to...
SVB’s UK arm issues 15M pounds in bonuses after symbolic bailout: Report
Silicon Valley Bank UK (SVB UK) has granted millions of pounds in employee bonuses, just days after it was rescued by global banking giant HSBC...
US midsize banks seek FDIC Insurance on ‘all deposits’ for 2 years: Report
The Mid-Size Bank Coalition of America (MBCA) has reportedly asked United States federal regulators to extend insurance on all deposits for the next two years.According...