Aronow said he will still be contributing as a board member and strategic advisor. However, his priority will be to get the best medical treatment […]
Month: January 2023
Binance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries
Persistent worries about Binance’s solvency, increased regulation of the crypto sector and questionable use cases are chipping away at BUSD’s market capitalization.
US securities regulator probes Wall Street over crypto custody: Report
According to sources, the regulator has been probing registered investment advisers over how they’ve offered crypto custody to their clients.
SBF denies stealing FTX assets, SEC charges Gemini and Genesis, and more: Hodler’s Digest, Jan. 8-14
FTX will be the subject of a U.S. Senate hearing, authorities take HashFlare founders into custody and New York finalizes its PoW ban.
State senator pushes bill to make Bitcoin legal tender in Arizona
The state senator also introduced a similar bill to make Bitcoin legal tender in 2022 but did not succeed.
FTX lawyers to reap millions from the bankruptcy case: Report
FTX’s legal team from Sullivan & Cromwell has 150 people on the bankruptcy case, with thirty partners reportedly charging more than $2,000 per hour.
Fed denies Custodia Bank application to join the Federal Reserve System
The bank applied for the application in 2019 and sued the Fed in an attempt to speed up the decision.
Fed policy to align bank oversight could limit crypto activities by state banks
The new policy would align the allowable activities for insured and uninsured state banks and OCC-supervised national banks by making rules for state banks more […]
US prosecutors seek to ban SBF from Signal after alleged witness contact
It’s alleged that the former FTX CEO attempted to arrange a “constructive relationship” with the current General Counsel of FTX US, Ryne Miller.
White House cryptocurrency ‘roadmap’ recommends against pension funds
The Biden administration touted its comprehensive framework and encouraged regulators and Congress to tighten the screws on crypto in a new statement.