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Latest Results from /crypto

/crypto

BIS and Bank of England complete CBDC project

A pilot project involving central bank digital currencies (CBDCs) jointly run by the Bank of England (BoE) and the Bank of International Settlements (BIS).

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Colombian central bank partners Ripple for blockchain pilot

Colombia's central bank is testing how Ripple's new end-to-end CBDC platform could help boost the country's high-value payment system.

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BCB Group and Sutor Bank terminate acquisition deal

Crypto payments processors BCB Group has mutually terminated its deal to acquire 100-year old Sutor Bank in response to changing market decision.

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A16z crypto opens first overseas office in UK

A16z crypto, the Andreessen Horowitz venture capital fund dedicated to crypto and Web3 startups, has chosen the UK as its first overseas office outside the US.

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Binance.US suspends dollar deposits

Days after the SEC sued it, the US arm of Binance says it is suspending dollar deposits and that its banking partners are preparing to pause dollar withdrawal channels.

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FCA cracks down on crypto advertising

The UK's Financial Conduct Authority is to introduce tough new rules for the marketing of crypto assets, including a 24-hour cooling off period for first time investors.

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Money20/20: MiCA, the regulation to rule them all

Hot on the heels of the Securities and Exchange Commission (SEC) suing Binance and its founder Changpeng Zhao for failing to protect US investors, Vishal Sacheendran, director, MENA & Europe, Binance, took to the stage at Money20/20 in Amsterdam to provide a TL; DR version of incoming crypto asset Markets in Cryptoassets (MiCA) regulation.

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Swift steps up blockchain experimentation

Swift is working with more than a dozen financial institutions and market infrastructures to test the use of its messaging network as a means to instruct the transfer of tokenised value over a range of public and private blockchain networks.

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SEC sues Coinbase

The Securities and Exchange Commission has sued Coinbase for operating its crypto asset trading platform as an unregistered national securities exchange, broker, and clearing agency.

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SEC sues Binance and CEO Changpeng Zhao

The Securities and Exchange Commission has sued Binance and its CEO Changpeng Zhao, alleging a host of securities law violations and accusing the world's largest crypto exchange of engaging in an "extensive web of deception".

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UK lawmakers call for urgent action on crypto regulation

A cross party group of MPs and Lords in the UK Parliament has called for urgent regulation of the cryptocurrency sector and the appointment of a 'Crypto Tsar' to coordinate the Government's approach.

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Temasek docks pay over FTX investment

Singapore state-owned investment fund Temasek Holdings has cut the pay of employees responsible for its $275 million investment in failed cryptocurrency exchange FTX.