The top crypto news from December 2022
PayPal partners with MetaMask developer ConsenSys to make it easy for people to buy crypto. FTX founder Sam Bankman-Fried arrested in the Bahamas and faces...
We are going to see more regulation and consolidation in the industry, says Grayscale CEO
Grayscale’s CEO says the company has been through the crypto winter before. Sonnenshein expects more regulation and consolidation in the cryptocurrency industry. However, he believes...
Bank of Canada emphasizes need for stablecoin regulation as legislation is tabled
Staffers at the Bank of Canada released an analytic note on fiat-referenced crypto assets, otherwise known as stablecoins, Dec. 19. In addition to a review...
Sam Bankman-Fried arrested and consented to the extradition — Law Decoded, Dec. 12-19.
Welcome to Law Decoded, your weekly digest of all the major developments in the field of regulation.The FTX drama escalated last week when the Royal...
Shiba Inu (SHIB/USD) nears a demand zone
Shiba Inu recovered 1.21% on Monday after a bearish move The developers teased a “countdown,” as some fans speculate the Shibarium update SHIB could touch...
Nigeria set to pass bill recognizing Bitcoin and cryptocurrencies
The Nigerian government will reportedly soon pass a law that will recognize the usage of Bitcoin (BTC) and other cryptocurrencies as a means to keep...
US Senate banking chair floats possibility of banning crypto
United States Banking Committee chairman Sherrod Brown has suggested that the Securities Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) should perhaps consider...
SEC was “asleep at the wheel” about FTX – US Rep. Sessions
The Securities and Exchange Commission (SEC) was "asleep at the wheel" regarding how FTX Group and its subsidiaries met financial and corporate control requirements, Representative...
Central Banks to set standards on banks’ crypto exposure – BIS
A global standard for banks' exposure to crypto assets has been endorsed by the Group of Central Bank Governors and Heads of Supervision (GHOS) of...
Only for foreign trade: Bank of Russia stands against free crypto investment
Russia’s central bank is ready to consider allowing cryptocurrency use within the country, but only as part of a legal experiment, said governor Elvira Nabiullina.“It’s...