SVB contagion: Australia reportedly asks banks to report on crypto
Australia’s prudential regulator has reportedly asked local banks to report on cryptocurrency transactions amid the ongoing contagion of Silicon Valley Bank’s (SVB) collapse.The Australian Prudential...
Coinbase submits petition to explain to SEC that staking is not securities
United States-based crypto exchange Coinbase decided to communicate proactively on the topic of crypto staking, which had recently gained regulators’ attention. In its petition to...
IMF examines CBDC design in context of Islamic banking, finds some risks magnified
A central bank digital currency (CBDC) can impact monetary policy by increasing money velocity, disintermediation, volatility of bank reserves, currency substitution and altered capital flows,...
Bitcoin is only 90 days away from hitting $1.0 million: Pro
Former Coinbase CTO says Bitcoin will hit $1.0 million by June 17th. Custodia Bank founder dubs BTC an insurance policy; a scarce asset. Bitcoin is...
Belgian FSMA surveys crypto investors before taking on new ad regulation authority
The Belgian Financial Services and Markets Authority (FSMA) will have new powers to supervise virtual currency advertising when a new regulation comes into force on...
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...
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...