Commissioner Christy Goldsmith Romero wants crypto exchanges blocked from self-certifying crypto and crypto products before going live on their platforms.

Leading layer-2 networks on Ethereum have seen a surge in daily active users and fees recently.

Story One After F comes G…TX What comes next after months of laying low in a country which offers no extradition to the US? You make a comeback. An investment deck outlining “cross-asset trading on a public marketplace” which was widely distributed earlier this week caused quite a stir. The founders of this fledgling startup […]

Japan has reportedly urged other countries, including the U.S., to regulate crypto exchanges like they do banks. A top official at the Financial Services Agency explained that the recent FTX implosion wasn’t brought on by crypto technology but by “loose governance, lax internal controls, and the absence of regulation and supervision.” Bank-Level Cryptocurrency Regulations Japan’s […]

Supply on centralized exchanges remains depleted despite an increase in Bitcoin network activity. Bulls might need to keep a cool head as 30-day SMA addresses had not finalized surpassing the 365-day SMA. The dishonesty of FTX, accompanied by the havoc experienced in 2022, led many Bitcoin [BTC] holders to switch to self-custody. However, other unaffected […]

Check out how updates and fashion week are impacting rise of MANA

First Genesis, now Coindesk. Barry Silbert’s empire appears to be in trouble, as it is apparently considering selling part of its subsidiaries to address liquidity issues. On January 18, 2023, Kevin Worth, CEO of CoinDesk, a cryptocurrency-focused news site subsidiary of Digital Currency Group, reported that the company hired investment bankers from Lazard LTD to […]

Ripple CEO Brad Garlinghouse said the firm’s XRP lawsuit could come to an end within “single-digit months.”

Numerous parties have objected to the retention of Sullivan & Cromwell as lead counsel to FTX, citing conflicts of interest and insufficient disclosures.

Assistant Gov. Tharith Panpiemras revealed that virtual banks would be regulated in the same manner as traditional financial institutions, including additional safeguards for investors’ protection. […] Read More… The post Thailand central bank to allow digital banks to operate by 2025 appeared first on CoinGeek.