The new CEO of FTX, John Ray III, has come under fire from the Bahamas Securities Commission for his comments about the ongoing investigation into the defunct cryptocurrency exchange. In a press release, the Bahamian regulator addressed "key...
The Australian Securities and Investments Commission (ASIC) has filed a lawsuit against a Finder.com subsidiary over a cryptocurrency product, alleging that the company provided unlicensed financial services and violated consumer protection laws. Finder.com is the country's largest comparison...
This week, Germany's top regulator pushed for global regulation of the cryptocurrency sector to protect customers, prevent money laundering, and maintain financial stability. According to Mark Branson, president of Germany's financial market regulator BaFin, a hands-off approach that...
Tether, the world's largest stablecoin (USDT) issuer, has announced its decision to gradually stop lending funds from its reserves in order to reestablish trust in the cryptocurrency market. In a post on December 13, Tether addressed the current...
Apple is set to allow third-party app stores on its devices to comply with new anti-monopoly standards from the European Union (EU). This is a significant gain for crypto and NFT app developers. According to reports, the new...
Layer 1 blockchain platform Algorand has been selected as the public blockchain to provide an innovative digital guarantee platform to be employed in Italy's banking and insurance sectors. Just in: Algorand has been selected to be the public...
The Bahamas government officials worked closely with Sam Bankman-Fried before he was barred from FTX systems. FTX's attorneys claim the Bahamas authorities tasked SBF with creating new digital tokens worth hundreds of millions of dollars and delivering them...
Thailand has joined the list of countries attempting to reform their cryptocurrency laws in the aftermath of the FTX scandal. Thailand's Securities and Exchange Commission (SEC) intends to impose stricter regulations on digital assets similar to those in...
United States Judge William Orrick has ordered the Commodity Futures Trading Commission (CFTC) to serve its Ooki DAO lawsuit on Tom Bean and Kyle Kistner, the two original founders of the decentralized trading platform bZeroX protocol, which rebranded...
SushiSwap CEO Jared Grey revealed on Twitter that the decentralized exchange (DEX) lost $30 million on incentives for liquidity providers, or LPs, over the course of the previous year. SushiSwap currently uses a token-based emission approach to reward...
