Cryptocurrency

Cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

Source: en.wikipedia.org

House Financial Services Committee Announces December Hearing on FTX Collapse

House Financial Services Committee Announces December Hearing on FTX Collapse
House Financial Services Committee Announces December Hearing on FTX Collapse
November 16, 2022  |  Legal & Regulation

The downfall of crypto trading platform FTX has triggered a worldwide regulatory investigation, and now the U.S. House Financial Services Committee is undertaking a bipartisan...

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Liquidators Object to FTX Subsidiary’s Bankruptcy
Liquidators Object to FTX Subsidiary’s Bankruptcy
November 16, 2022  |  Cryptocurrency

Liquidators in the Bahamas dealing with the collapse of crypto exchange FTX say they “reject the validity” of the company’s bankruptcy proceedings in the U.S. Get the...

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Japan’s Financial Regulator: Local Impact From FTX Collapse ‘Minimal’
Japan’s Financial Regulator: Local Impact From FTX Collapse ‘Minimal’
November 16, 2022  |  Legal & Regulation

Aiming to determine Japan’s exposure to FTX, the country’s Financial Services Agency (FSA) has reportedly asked local cryptocurrency exchanges if the collapse of FTX and...

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Competitors Hope Rapid FTX Collapse Isn’t Rabid, Too
Competitors Hope Rapid FTX Collapse Isn’t Rabid, Too
November 16, 2022  |  Cryptocurrency

The knock-on effects of Sam Bankman-Fried’s abrupt heel-turn from evangelist darling to canary in the crypto coalmine are starting to show, as industry actors rush...

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US Wants to Bring FTX’s Bankman-Fried to Country for Questioning
US Wants to Bring FTX’s Bankman-Fried to Country for Questioning
November 15, 2022  |  Cryptocurrency

Former FTX CEO Sam Bankman-Fried may be coming to the United States for questioning by authorities.  Get the Full Story Complete the form to unlock...

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Potential Buyout Deal of Crypto Lender Salt Falls Through After FTX Collapse
Potential Buyout Deal of Crypto Lender Salt Falls Through After FTX Collapse
November 15, 2022  |  Partnerships

Bitcoin and crypto securities firm Bnk To The Future has terminated its previously announced effort to acquire crypto-backed lending platform Salt Lending, citing fallout from...

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Financially Linked to FTX, BlockFi Eyes Chapter 11
Financially Linked to FTX, BlockFi Eyes Chapter 11
November 15, 2022  |  Cryptocurrency

BlockFi, a digital asset lender that received a bailout from FTX earlier this year and which has significant exposure to the exchange and its associated...

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10 US Banks Participating in Test of Interoperable Digital Money Platform 
10 US Banks Participating in Test of Interoperable Digital Money Platform 
November 15, 2022  |  Cryptocurrency

Ten members of the banking community are working with the New York Innovation Center (NYIC), which is part of the Federal Reserve Bank of New...

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