National Australia Bank creates stablecoin backed by Australian dollar
The Australian stablecoin will be called AUDN. It will be backed one-for-one by the Australian dollar. Users will be able to settle transactions using blockchain...
CFTC commissioner: Crypto exchanges shouldn’t ‘self-certify’ tokens
A commissioner from the Commodity Futures Trading Commission (CFTC) has called on Congress to stop allowing cryptocurrency exchanges to “self-certify” and list tokens without oversight.CFTC...
Ripple CEO: XRP lawsuit resolved by June, SEC conduct ’embarrassing’
Ripple CEO Brad Garlinghouse expects the firm’s long-running dispute with the Securities Exchange Commission (SEC) will be finalized within “single-digit months” and remains confident in...
FTX CEO fights to keep lawyers as calls for removal intensify
The CEO of crypto exchange FTX has rejected calls for its law firm to be replaced as lead counsel in its bankruptcy case. John J. Ray...
Bitzlato kept a low profile, but did not go entirely unnoticed before DOJ action
Noncustodial peer-to-peer crypto exchange Bitzlato was little known to some before the United States Department of Justice (DOJ) enforcement action against it on Jan. 18....
Genesis reportedly planning to file for bankruptcy: report
Genesis Global Capital, a crypto lending platform owned by Digital Currency Group (DCG), is said to be considering filing for bankruptcy. According to a Bloomberg...
Deal Box announces $125M venture fund to invest in Web3
Deal Box’s venture arm will invest in blockchain and Web3 startups. Dubbed Deal Box Ventures, the investment unit will target projects in fintech, emerging growth,...
EU delays Markets in Crypto-Assets regulation vote again
The European Parliament passed the comprehensive Markets in Crypto-Assets, MiCA legislation in October 2022. The final vote on the bill was originally set for February...
FTX fallout: SBF trial could set precedent for the crypto industry
After the collapse of major cryptocurrency exchange FTX in November 2022, former CEO Sam “SBF” Bankman-Fried was arrested by Bahaman authorities on Dec. 12. Just...
Bitzlato and its founder face enforcement actions from US authorities
The United States Department of Justice announced a “major international cryptocurrency enforcement action” against crypto firm Bitzlato and the arrest of its founder Anatoly Legkodymov.In a...