FTX’s former chief technology officer reportedly claimed in court that then-CEO Sam Bankman-Fried authorized Alameda Research’s account to trade more funds than it had available.
Category: Regulation News
CFTC weighs enforcement action against former Voyager Digital CEO: Report
Following the lending firm’s bankruptcy filing in July 2022, U.S. officials were reportedly considering taking action against Stephen Ehrlich for violating derivatives regulations
Basel Committee to consider disclosure requirements for banks’ crypto assets
The committee already imposes a limit on crypto holdings in bank reserves, but the concentration of crypto in a small number of banks contributed to […]
Taiwan aims for crypto law by November: Report
Lawmakers in Taiwan are aiming to create a first draft of a special law about offshore exchanges by the end of November 2023.
Elon Musk hits at SEC, DOJ amid suit to force testimony in Twitter probe
Elon Musk claims the SEC and DOJ are abusing their regulatory powers for personal and political gain to receive punitive action.
SBF was ‘very resistant’ to investors on FTX board: Paradigm co-founder
Matt Huang said he was led to believe that Alameda Research was not being provided any special treatment by FTX.
CoinShares’ crypto venture Komainu wins crypto registration in UK
Komainu is increasing its presence in the U.K. after making an agreement with authorities to store crypto seized during local investigations in 2021.
UNESCO and Netherlands design AI supervision project for the EU
The United Nations Educational, Scientific and Cultural Organization and the Dutch government launched a new project for supervising AI to help create a framework for […]
Retail stablecoin trading in Hong Kong not allowed yet, official says
Hong Kong will not allow retail investors to trade stablecoins until they are officially regulated, which is projected to happen by the end of 2024.
UK must loosen KYC demands for crypto to outpace US in Web3 — Think tank
Policy Exchange published its report on Web3 containing 10 proposals for the U.K. government.