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Regulations

Alex Machinsky with a tiny judge on his head and black smoke
Exchanges
US Court Approves Proof-of-Claim Deadline For Celsius Network Victims

The court has sanctioned January 3, 2023, as the bar date for the defunct cryptocurrency loan firm Celsius.

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Australian Regulator Suspends FTX Regulatory License
FTX News
Australian Regulator Suspends FTX’s Regulatory License

The suspension of FTX Australia's license will last until May 15, 2023, according to ASIC.

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Binance With Blockchain Startups Invites to Web3 Summit in Lithuania
NFTs
Fintech Hotspot, Lithuania, to Host Web3 Summit – Binance Among Sponsors

Blockchain businesses and law professionals are organizing a "WEB3: Impact the Future" summit.
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A person is holding a dissinegrating digital one dollar bill on a green background
CBDCs
U.S. Banks to Test Feasibility of Digital Dollar with NY Fed

NYIC announced on Tuesday that it would begin a proof-of-concept trial for CBDC.
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Joe Biden is giving a speech behind crypto coins on a blue background with flags
Regulations
Cryptocurrencies Could Get Attention At The G20 Summit Amid Rising Crime And Market Crisis

Last G20 summit under the Indonesian presidency begins today, which could see India leading the charge for strict crypto regulations.
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Binance recovery fund Black truck
FTX News
Binance is Forming a Recovery Fund to Assist Projects Experiencing Liquidity Issues

According to the Binance CEO, co-investors within the sphere are free to participate in raising capital for the recovery fund.
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CBDC not-working broken-down digital-yen china bahamas coin no-tires frustrated angry sad
CBDCs
CBDCs Simply Don’t Work — For Anything

Central Bank Digital Currencies (CBDCs) sound like the next frontier in crypto—but are they really?
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What is the Significance of the US midterm Elections for Cryptocurrency?
Regulations
What Significance Do the U.S. Midterm Elections Hold for Cryptocurrency?

Cryptocurrency regulation in the United States gains momentum in the lead-up to the election.
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Binance News
“I am Sorry…Should Have Done Better,” How Much Of SBF’s Apology Is Sincere?

FTX CEO apologized for not being transparent enough and not communicating appropriately at the start of the crisis.
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Binance News
Bahamas Securities Commission Freezes FTX Digital Markets

The SCB froze FTX Digital Markets (FDM) and terminated the registration of the troubled crypto exchange in the country.
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U.S._statesperson_Sherrod Brown_urges_ruling_after_FTX_collapse_social
FTX News
Senators Urge Congress to Move Forward with Finalizing Crypto Legislation

In the wake of the collapse of one of the world’s largest cryptocurrency exchanges, FTX, senators of the United States.
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US-Justice-Department-and-SEC-to-Investigate-FTX’s-Liquidity-Crisis_sam-bankman_USA_america_law_eagle_web
FTX News
US Justice Department and SEC are Investigating the FTX Crisis

FTX is under the radar of the U.S Department of Justice, SEC, and CFTC regarding the mismanagement of investors' funds.

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Don’t borrow crypto business Binance CEO Shares Announcement broke pennies no money coins sad worried Changpeng Zhao advice
Regulations
“Don’t Borrow if You Run a Crypto Business:” Binance CEO Shares After FTX Acquisition Announcement

Binance has never used BNB for collateral or taken on debt, according to the CEO.
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Regulations
FATF to “Grey List” Countries Not Compliant with Crypto AML Rules

FATF's "travel rule" demands the private sector, including VASPs to collect and exchange sender and receiver information with all transfers.
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LBRY (LBC) token dumps
Altcoins
LBRY (LBC) Plummets More Than 30% After Losing Case Against the SEC

The token went to as low as $0.000625 but quickly rebounded and is now trading at $0.0123.
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Polkadot token corrects
Altcoins
Polkadot (DOT) in Correction Zone After Pumping on “Not a Security” Comments

The token went up 12% over the weekend but has since gone down 5%.
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Sam Bankman-Fried has been the Biggest Crypto Donor in the U.S Mid-term Election
FTX News
Sam Bankman-Fried Revealed as the Biggest Crypto Donor of the U.S. Midterm Elections

Days before the 2022 U.S. mid-term election, founder of FTX, Sam Bankman-Fried announced that he is among the top donators.
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CBDC Explained: Everything You Need to Know About Central Bank Digital Currency
CBDCs
CBDC Explained: Everything You Need to Know About Central Bank Digital Currency

CBDCs are digital versions of government-backed fiat money, which use blockchain technology to verify and store transaction data.
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Canada crypto
CBDCs
Canada to Explore Crypto, Stablecoins, and CBDCs According to the Latest Budget

As part of the budget, a section devoted to "Addressing the Digitalization of Money," outlines the Canadian government's cryptocurrency plans.

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Jerome Powell
Bitcoin (BTC)
Federal Reserve Raises Interest Rates by 75 Basis Points for the Fourth Consecutive Time

Federal Reserve believes they can control consumer prices and bring inflation down to 2% by consistently raising interest rates.
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