Stablecoin framework is a near-term priority for Aussie regulators
As stablecoins become widely used as a means of payment, Australia is preparing to regulate them accordingly. Australian financial regulators...
Day: December 8, 2022
GBTC ‘elevator to hell’ sees Bitcoin spot price approach 100% premium
Bad times for the Grayscale Bitcoin Trust (GBTC) get even worse this week as its discount to BTC/USD approaches 50%...
FTX’s Bankman-Fried to face market manipulation probe, Do Kwon chimes in
As part of a broader inquiry into FTX's collapse, federal prosecutors are looking at the role that FTX and Alameda...
Spain’s central bank to experiment with wholesale CBDCs
The Bank of Spain said the study can help determine to what extent it can adapt to the "needs and...
US regulator to seek feedback on DeFi’s impact on financial crime
A “close look” is being taken at money laundering and terror financing laws by FinCEN as it asked banking sector...
‘Definitely on the table’ — Subpoenas headed for SBF if he refuses to testify
Sam Bankman-Fried has been requested to appear before separate House and Senate Committees on the collapse of FTX under the...
Australian CBDC receives unexpected interest but could hurt banks: RBA
The pilot "eAUD" program is unique in that the Reserve Bank of Australia has not proposed use cases, and has...
Telegram to allow no-sim accounts via anon-blockchain-numbers
Telegram has increased its security features by enabling support from anonymous blockchain-based numbers that go for around $16. Messaging app...
Crypto lender Genesis has no solution yet for withdrawal halts
Genesis said it will take additional weeks to carve out a recovery path for its lending business. Crypto lending platform...
JPMorgan Chase CEO Jamie Dimon Likens Crypto to Pet Rocks — Calls for More Regulation
JPMorgan Chase CEO Jamie Dimon says crypto tokens are like pet rocks. The executive also believes crypto regulation should be...
Bitcoin․com Completes VERSE $50M Token Sale, Launches Token on Verse DEX
Bitcoin.com, a digital ecosystem and secure self-custody platform where users can safely and easily interact with cryptocurrencies and digital assets,...
Mad Money’s Jim Cramer Advises Investors to Get out of Crypto — Says ‘It’s Never Too Late to Sell’
The host of Mad Money, Jim Cramer, has advised investors to sell their crypto, emphasizing that “it’s never too late...
Data From October Shows Gold Reserves Held by Central Banks Tapped the Highest Level in 47 Years
Following the World Gold Council’s (WGC) third-quarter report that shows central banks purchased a record amount of gold, data released...
