By CD Read more: CoinDesk Following FTX’s swift, stunning collapse last November, crypto industry participants, lawmakers and regulators alike have all been mulling the same questions: Why were regulators blindsided by FTX’s implosion, and more importantly, how can the next crypto crisis be prevented?Publish at: January 26, 2023 at 07:53PM
CFTC Commissioner Kristin Johnson Urges Congress to Expand Agency’s Authority to Review Crypto Acquisitions
DeFi Protocol Aave Clears Bad CRV Token Debt from Exploit Attempt
By CD Read more: CoinDesk The maneuver comes ahead of the activation of a major tech upgrade of the protocol called Aave v3.Publish at: January 26, 2023 at 06:30PM
Stablecoin Regulation Is First on New Subcommittee’s To-Do List, Says Chairman
By CD Read more: CoinDesk French Hill, a Republican, said the newly formed subcommittee on digital assets will look to tackle stablecoins first.Publish at: January 26, 2023 at 06:14PM
Coinbase’s $3.6M Dutch Fine Shows Crypto Will Hit Road Bumps as It Goes Mainstream
By CD Read more: CoinDesk As crypto comes within the regulatory fold, there will be disputes over rules, procedures and jurisdiction – and the relatively compliant may end up bearing the brunt of regulators’ wrath.Publish at: January 26, 2023 at 05:56PM
Sam Bankman-Fried’s Mother and Brother Not Cooperating With Financial Probe, FTX Lawyers Say
By CD Read more: CoinDesk The crypto exchange wants to question its founder’s family as it seeks to locate allegedly misappropriated fundsPublish at: January 26, 2023 at 05:22PM
You Want Crypto Regulation? I’ll Give You Crypto Regulation
By CD Read more: CoinDesk Maybe Congress should separate custody from exchange, the way it severed Wall Street from commercial banking nearly a century ago. This piece is part of CoinDesk’s Policy Week.Publish at: January 26, 2023 at 05:20PM
Hollywood in Web3: StoryCo Raises $6M to Decentralize Storytelling
By CD Read more: CoinDesk The platform just released its first story universe, a token-gated experience that encourages community members to build out its narrative while decentralizing IP.Publish at: January 26, 2023 at 05:13PM
SEC Rejects Ark 21Shares Spot Bitcoin ETF for Second Time
By CD Read more: CoinDesk The U.S. markets regular has rejected a score of ETF applications to invest directly in bitcoin, and has approved a number of funds tracking the cryptocurrency’s futures market.Publish at: January 26, 2023 at 05:11PM
Moody’s Developing Scoring System for Stablecoins: Bloomberg
By CD Read more: CoinDesk The move comes as the quality of stablecoin reserves continues to receive scrutiny.Publish at: January 26, 2023 at 05:02PM
UK’s FCA Issues Advice for Crypto Firms After Only 41 of 300 Applicants Win Regulatory Approval
By CD Read more: CoinDesk The Financial Conduct Authority has faced criticism over its arduous registration regime, with some companies dropping out of the process altogether.Publish at: January 26, 2023 at 04:39PM