David Hoffman apologized for spreading rumors about what he called a “Wells notice carpet bombing” targeting crypto firms.
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Category: Regulation News
Terraform Labs co-founder Do Kwon gets probed by Singaporean authorities
Local police in Singapore sent an email on Monday saying that they have begun a probe connected to Do Kwon’s Terraform Labs.
Tel Aviv Stock Exchange moves toward offering crypto trading
Israel’s sole public stock exchange wants to allow its clients to trade crypto but faces regulatory resistance.
SEC, CFTC press civil charges against former FTX exec Singh parallel to criminal case
Singh’s former colleagues Ellison and Wang consented to stays in their CFTC cases; Singh has agreed to submit a consent order proposal in the CFTC […]
US lagging on CBDCs could spell ‘trouble’ — Crypto Council policy head
A former CIA analyst doesn’t believe the Chinese-led CBDC movement on the global stage will replace the U.S. dollar but may cause geopolitical headaches.
Binance.US restructuring plan favored by 97% of Voyager customers
An overwhelming majority of Voyager account holders want Binance.US to buy out the firm’s assets.
United States CBDC would ‘crowd out’ crypto ecosystem: Ex-Biden adviser
Daleep Singh argues that crowding out cryptocurrencies by establishing a CBDC in the United States would protect the country’s national interests.
BlockFi execs, Gemini named in lawsuit by disgruntled investor
Gemini is accused of providing BlockFi with custodial services and misleading information to help BlockFi market its alleged unregistered securities.
Decentralized finance to be examined at inaugural CFTC tech advisory meeting
A panel at an upcoming advisory meeting for the financial regulator will “explore issues in decentralized finance.”
Crypto distribution is uneven among banks as prudential exposure rises: BIS report
One bank accounts for almost 62% of all crypto-asset prudential exposure, and almost two-thirds of banks holding crypto are in the Americas.