Crypto Assets

Crypto Crisis Continues as FTX-Backed BlockFi Files for Bankruptcy
Crypto Crisis Continues as FTX-Backed BlockFi Files for Bankruptcy
November 28, 2022  |  Cryptocurrency

The industry-rattling turn of events surrounding FTX’s implosion has claimed another victim. Crypto lender BlockFi and eight affiliated debtors filed for Chapter 11 bankruptcy relief...

READ MORE >
Turkey Investigates Sam Bankman-Fried, Seeks Seizure of ‘Suspicious’ FTX Assets
Turkey Investigates Sam Bankman-Fried, Seeks Seizure of ‘Suspicious’ FTX Assets
November 27, 2022  |  Cryptocurrency

Add Turkey to the list of countries investigating Sam Bankman-Fried — or SBF — founder of the failed cryptocurrency platform FTX. PYMNTS reported earlier this...

READ MORE >
Crypto Traders Pull Back Since FTX Collapse
Crypto Traders Pull Back Since FTX Collapse
November 21, 2022  |  Cryptocurrency

The collapse of FTX and about 130 of its affiliated companies has reportedly led crypto traders to turn cautious and has reduced liquidity across the...

READ MORE >
Fed Vice Chair Brainard: Crypto Needs ‘Strong Regulatory Guardrails’
Fed Vice Chair Brainard: Crypto Needs ‘Strong Regulatory Guardrails’
November 14, 2022  |  Regulation

Noting the losses that retail investors have suffered in the cryptocurrency market, Federal Reserve Vice Chair Lael Brainard has reportedly reiterated her view that the...

READ MORE >
Chronology of a Crypto Crash: FTX’s Prince to Pauper Meltdown
Chronology of a Crypto Crash: FTX’s Prince to Pauper Meltdown
November 14, 2022  |  Cryptocurrency

The aftershocks of the once-popular crypto exchange FTX’s recent and rapid demise last week continue to reverberate throughout the crypto and VC industries, rattling investor...

READ MORE >
Federal Court: Software Firm LBRY Violated Securities Laws
Federal Court: Software Firm LBRY Violated Securities Laws
November 07, 2022  |  Cryptocurrency

A federal judge has ruled that video sharing application provider LBRY violated the registration provisions of federal securities laws when it issued, offered and sold...

READ MORE >
Amendments Seek to Ensure UK Finance Bill Unambiguous on Crypto Assets
Amendments Seek to Ensure UK Finance Bill Unambiguous on Crypto Assets
October 21, 2022  |  Regulation

The Financial Services and Markets Bill is the centerpiece of the U.K. government’s post-Brexit regulatory architecture for financial services. OK, the U.K. doesn’t really have...

READ MORE >
Crypto, Bank Overlap a Focus of DC FinTech Week
Crypto, Bank Overlap a Focus of DC FinTech Week
October 14, 2022  |  Cryptocurrency

Crypto’s recent volatility has shone a spotlight on the risks digital assets can pose for banks, according to Michael Barr, vice chair for supervision of...

READ MORE >
Regulation and Readiness Will Go Hand in Hand for European Banks in 2023
Regulation and Readiness Will Go Hand in Hand for European Banks in 2023
October 07, 2022  |  Bank Regulation

In its recently published work plan for 2023, the European Banking Authority (EBA) signals how the European Union’s banking sector intends to adapt to new...

READ MORE >