NY Fed launches 12-week CBDC pilot program with major banks
The Federal Reserve Bank of New York’s Innovation Center, or NYIC, announced that it would be launching a 12-week proof-of-concept pilot for a central bank...
eToro’s properties make it a reliable FTX alternative
FTX collapsed last week, and that has left many investors scrambling for alternatives. eToro provides a reliable alternative for people looking to use secure trading...
Bahamas’ supreme court approves ‘provisional liquidators’ for FTX
The Supreme Court of the Bahamas has approved two provisional liquidators to oversee the assets of crypto exchange FTX Digital Markets, which is headquartered in the...
Liquid crypto exchange halts all customer withdrawals
Liquid is an FTX-owned crypto exchange based in Japan and which Sam Bankman-Fried acquired in February this year. Liquid, a Japan-based cryptocurrency exchange acquired by...
Top penny cryptos to watch in November
November has been a difficult month for cryptocurrencies. The most important crypto news was the sudden collapse of FTX, the second-biggest exchange in the world. In the...
Law Decoded, Nov. 7–14: How regulators reacted to the FTX crash
Last week was tough — the alarming series of crypto meltdowns continued with the failure of FTX, one of the biggest exchanges on the market....
Crypto.com has a strong balance sheet, says the CEO
Crypto.com has assured its customers that it is conducting business as usual after reports emerged that the company mistakenly sent $400 million worth of ether...
US President Biden announces pick for FDIC chair
United States President Joe Biden announced he would be nominating Federal Deposit Insurance Corporation (FDIC) Acting Chair Martin Gruenberg to assume the position as part...
Caribbean nation St. Kitts and Nevis may adopt Bitcoin Cash as legal tender by March 2023
The Caribbean nation of St. Kitts and Nevis may declare Bitcoin Cash (BCH) legal tender by March 2023. Prime Minister Terrance Drew made that announcement...
Turkey’s financial authority investigates FTX’s collapse
Turkey’s Financial Crimes Investigation Agency is the latest authority to announce investigations into crypto exchange FTX after its collapse and bankruptcy filing on Nov.11.Along with...