Crypto

February 08, 2023

BIS to launch stablecoin monitoring project and up focus on CBDC experiments

The bank for central banks is expanding its CBDC research while developing a platform to monitor stablecoin balance sheets.   The Bank for International Settlements (BIS) […]
February 07, 2023

Sam Bankman-Fried lawyers reach an agreement on the use of messaging apps

The agreement comes as a result of federal prosecutors looking to ban SBF from contacting current or former FTX and Alameda employees while on house arrest. […]

Genesis creditors to expect 80% recovery under a proposed restructuring plan

Digital Currency Group (DCG) plans to hand its equity stake in Genesis’ trading arm to Genesis Global, which will then be sold, pending court approval.   […]

Crypto firms could face 2 years jail for breaching UK advertising laws

Crypto firms in the United Kingdom could face some harsh punishments under the FCA’s proposed financial promotions regime.   According to the UK’s financial watchdog, the […]
February 06, 2023

South Korean regulator provides guidance on security tokens

Digital assets that fit the descriptions for security tokens will be regulated under the country’s Capital Markets Act.   South Korea has established guidelines outlining the […]

Interpol wants to police metaverse crimes, reveals secretary general

According to Stock, criminals have started targeting users on platforms similar to the metaverse, adding that “we need to sufficiently respond to that.”   The International […]

Binance Tax launched to prepare crypto users for the tax season

The new tool helps all the users access tax details aligning with their crypto activity to help report information during the upcoming tax season.   For […]
February 02, 2023

Meta CEO Zuckerberg steadfast on metaverse plans despite $13.7B setback

During a Q4 earnings call, Mark Zuckerberg said he saw no reason to deviate from the company’s long-term metaverse strategy.   Meta founder and CEO Mark […]

Bithumb owner arrested in South Korea over alleged embezzlement

The net is closing in on Bithumb executives as the suspected real owner of the exchange is arrested.   The real owner of South Korea’s largest […]

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