Having been granted the opportunity to enjoy Christmas and the New Year with his family, former FTX CEO Sam Bankman-Fried has very few reasons for […]
Category: Ethereum News
US lawmakers could consider stock trading ban in next session of Congress
All members of Congress are already required to report most investments in stocks and cryptocurrency, but many have pointed to potential conflicts of interest.
Italy approves 26% capital gains tax on cryptocurrencies
The Italian Senate approved the new tax rate for crypto trading as part of the budget legislation for 2023.
Trouble brewing for the US: Two-thirds of TradFi expects a 2023 recession
According to recent research, major financial institutions tied to the Federal Reserve see the U.S. facing a “shallow” or “mild” recession in 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.
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.
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 […]
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 […]
Bank of India report calls for regulatory coordination on crypto market challenges
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.
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.