Tag: crypto

U.S. regulators issued a fresh warning to banks to be on guard for crypto-related liquidity risks

Top U.S. banking regulators issued a fresh warning to banks to be on guard for any liquidity risks from cryptocurrency-related clients, cautioning some of their deposits could prove volatile. In…

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IMF laid out a nine-point crypto action plan, recommends against legal tender status

The International Monetary Fund has laid out a nine-point action plan for how countries should treat crypto assets, with point number one a plea not to give cryptocurrencies such as…

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Genesis Crypto Lender Optimistic it Can Resolve Creditor Disputes After Bankrupt

A lawyer for the bankrupt Genesis Global Capital said on Monday that the cryptocurrency lender had some confidence it could resolve its disputes with creditors this week, with a goal…

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G20 Disclosed Plans to Build Policy Consensus on Crypto Assets

The Group of 20 (G20) countries are striving to build a policy consensus on crypto assets to inform better global regulation, India's federal economic affairs secretary Ajay Seth said on…

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Investigators in the Bahamas are Looking at Whether any “Criminal Misconduct Occurred” as the Collapse of FTX is the Subject to Scrutiny

Investigators in the Bahamas, who are looking at whether any “criminal misconduct occurred” as the collapse of FTX is the subject to scrutiny. Said on Saturday by the Royal Bahamas…

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Cryptos fall as FTX-Binance turmoil spooks market, FXT CEO exploring all options as Binance deal breakdown

FTX Chief Executive Officer Sam Bankman-Fried told employees he was exploring all options for his firm after a deal with cryptocurrency exchange Binance collapsed on Wednesday. The proposed deal between…

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Crypto Customer Money Disappear, at Least $1 Billion Missing at FTX

At least $1 billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter. The exchange's founder Sam Bankman-Fried secretly transferred $10…

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