The RBI’s latest financial stability report accentuated the negative about cryptocurrency and reminds the world that India is looking for global action on crypto regulation.
Headline
Month: December 2022
Prosecutors unlikely to offer Sam Bankman-Fried a favorable plea deal, says lawyer
Former FTX CEO may not be able to offset the two counts of wire fraud and six counts of conspiracy he faces with the credits […]
False alarm: DOJ did not classify MNGO as a commodity
Avi Eisenberg’s arrest on commodities fraud charges for the Mango Markets exploit raised eyebrows on crypto Twitter and required some processing to work through its […]
Turkey’s central bank completes first CBDC test with more to come in 2023
After recently completing its first payment transactions using a central bank digital currency, the Turkish central bank is pushing ahead with more tests over 2023.
SBF met with Biden’s senior advisers 2 months before FTX’s collapse: Report
The FTX founder met with senior White House officials at least four times in 2022.
Proof of reserves is becoming more effective, but not all its challenges are technical
PoR is benefitting from intense development efforts, but in the final analysis good conduct requires good regulation and a culture of compliance.
Sam Bankman-Fried to reportedly plead not guilty to criminal charges
Following a court hearing on Dec. 22, SBF was released on bail and is slated to appear on court on Jan.3 before U.S. District Judge […]
US lawmakers under pressure following FTX collapse: Report
In response to FTX’s fall, United States lawmakers are reevaluating the crypto industry’s regulatory needs for 2023.
Solana joins ranks of FTT, LUNA with SOL price down 97% from peak — Is a rebound possible?
SOL price jumped 20% after falling to its worst level since February 2021 with Solana’s technicals suggesting that more upside is possible.
Ethereum needs to defend $1,180 to sustain this 50-day ascending pattern
ETH price bulls struggle as futures remain trading below its fair value, signaling excessive demand for shorts.