The Australian securities regulator is pursuing BPS Financial Pty Ltd for allegedly making false and misleading representations and engaging in unlicensed conduct.
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Month: October 2022
Near Foundation sets up $40M fund to bail out USN investors in case of collapse
The program was launched after Decentral Bank, the issuer of NEAR-native stablecoin USN, raised concerns about the stablecoin depegging due to algorithmic failure.
After Mango Markets exploit, Compound pauses 4 tokens to protect against price manipulation
Compound users can no longer use YFI, ZRX, BAT and MKR tokens as collateral for loans.
Are crypto trading bots legit?
A tool for professional traders, crypto trading bots are increasingly popular among retail investors for the automation they offer.
SBF: FTX to filter assets it thinks are securities from US listings until registration in place
In a long blog post full of proposed standards to guide the industry in the absence of regulations, Sam Bankman-Fried says FTX US will not […]
Acting US FDIC head cautiously optimistic about permissioned stablecoins for payments
Acting Federal Deposit Insurance Corporation chairman Martin Gruenberg said the agency needs more information about crypto, and the crypto industry needs to understand the FDIC […]
Government crackdowns are coming unless crypto starts self-policing
From privacy standards to consumer protection, the cryptocurrency industry needs to better regulate itself before governments crack down.
Metaverse casino served emergency cease and desist to halt NFT sales
Explaining the cease-and-desist orders, the Texas State Securities Board in particular likened Sloties’ NFTs to something that is “similar to stock and other equities.”
US regulator touts ‘aggressively’ policing crypto in new report
The Commodity Futures Trading Commission says 20% of its enforcement actions were aimed at the digital assets market in the 2022 fiscal year.
Put your hands up! Interpol storms into the metaverse
Interpol’s metaverse is up and running and has been designed to streamline communication between various units, along with providing an avenue to conduct education and […]