Tuesday, March 28, 2023

Crypto Regulation

Interest Drop Will Result in Next Year’s Inflation; Strategist Says

Jim Bianco commented that the sudden fall in interest rates would help cease the deposit flight and financial instability. Bianco added that it would however...

US Wants to Block the Exits before Digital Dollar Devaluation: Balaji

US officials lobby the UK and Canada to tighten restrictions on the crypto industry. Coinbase's ex-CTO said it's a move to block the exits before...

Community Rips SEC’s New Crypto Risk Warning Amid TradFi Crisis

Crypto maximalists attack the SEC for partiality in regulating the crypto industry. Analyst Ben Armstrong sarcastically says, “Crypto is bad, but the Ponzi scheme banking...

Crypto Influencer Unrepentant as Law Firm Files Harassment Claims

BitBoy Crypto, a prominent crypto influencer, is unrepentant towards Moskowitz and his Law Firm. On March 20, Adam Moskowitz and his Law Firm filed a...

Hong Kong Sees Overwhelming Response To Crypto Policy Shift

Hong Kong’s friendly stance on crypto is attracting attention from virtual asset businesses. The island city’s Secretary for Financial Services and the Treasury has highlighted...

FTX’s Attempt to Pitch Itself to FDIC  Revealed in Leaked Emails

On March 19, Watchdog Protect the Public Trust sent emails between an FTX representative and the FDIC Chairman. An FDIC spokeswoman confirmed that FTX had...

Stakeholders Disagree Over the Role of Crypto in Banks’ Collapse

J.W. Verret faults U.S. lawmakers’ opinions over the collapse of Signature Bank. A New York regulator already exonerated crypto on the collapse of Signature Bank. Senator...

Gensler Reiterates Proof-of-Stake Tokens Could be Securities

SEC Chairman Gary Gensler has warned that tokens using a proof-of-stake consensus mechanism may be classified as securities. Gensler urges token operators to comply with...

HSBC UK Bank Acquires Silicon Valley Bank UK in Rescue Deal

HSBC Holdings plc’s HSBC UK Bank has announced Silicon Valley Bank UK LTD acquisition. SVB Financial Group is in discussions for acquisition but excludes the...
 

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