Binance is making a backdoor move into Japan while its botched attempt to make a similar move into the U.K. isn’t stopping local courts from putting the digital asset exchange in the hotseat.
The bankruptcy of digital asset lending/custodial platform BlockFi is the latest casualty of the FTX exchange’s collapse, while FTX’s founder continues his carefree existence in his alternative reality.
Dubai's VARA has revoked the regional operating license of FTX MENA Minimum Viable Product, while other VASPs in the country have been mandated to fully disclose their exposure to FTX.
The Financial Services Commission supports a new bill that will require exchanges to compensate users if they halt withdrawals as they’ve been doing amid the FTX collapse.
FTX Japan halted withdrawals amid the collapse and bankruptcy filing of SBF’s FTX empire, with Japan’s regulator, FSA, ordering it to suspend operations.
NYAG Letitia James also requests the scrapping of two Acts currently on the table, namely: the Retirement Savings Modernization Act and the Financial Freedom Act of 2022.
FTX's initial Bankruptcy Court hearing in Delaware raises questions about how SBF's Alameda acquired an ownership stake in a U.S. bank without any regulatory pushback.
No matter the price, everyone building on BSV at the moment will still build on it despite the price action because BSV blockchain offers functions that are still there if the price goes up or down.
Digital Currency Group boss Barry Silbert has issued a note to shareholders, noting the “difficult industry conditions” plaguing the digital asset sector.
Its decision to help sink FTX was merely the latest in a string of moves aimed at consolidating power within the industry, taking Binance ever closer to becoming monopolistic power.
Critics have taken swipes at the Monetary Authority of Singapore for placing Binance on the Investor Alert List in the past, wondering why FTX was not included in the list.