2022-11-16 18:06 |
The House Financial Services Committee will hold a hearing on FTX's collapse next month. origin »
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Sam Bankman-Fried and several other executives will be asked to testify at an upcoming House Financial Services Committee hearing on the collapse of the FTX cryptocurrency exchange. The exchange’s implosion has contributed to its native FTX token dumping by more than 90% in the past two weeks.
2022-11-16 20:32 | |
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“There is no sugarcoating it: the FTX collapse has been a dumpster fire,” said House Financial Services Committee ranking member Patrick McHenry.
2022-11-17 19:00 | |
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The fallout of the FTX collapse has left U.S. lawmakers spinning two distinct narratives: Democrats hail their financial regulators as heroes whose caution saved the disaster from threatening the wider financial system, and Republicans argue it proves resistant agencies chased crypto firms away from the U.S. and into dangerous, unregulated territory.
2022-11-16 23:51 | |
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Celsius Network had filed for bankruptcy following arguably the largest network collapse in the history of crypto. The lending platform had been caught in the crossfire, and further reports showed that it had a $1.
2022-10-4 12:49 | |
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The “People Power Party” representative, a South Korean politician Yoon Chang-Hyeon called a parliamentary hearing on TerraUSD (UST) due to its sudden collapse last week. According to a report from South Korean Newschannel “Newspim” on Tuesday, May 17, at a plenary meeting of the National Assembly’s Political Affairs Committee, Yoon Chang-Hyeon stated; We should bring […]
2022-5-19 23:00 | |
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Terra imbroglio has gone all the way to a congressional hearing
2022-5-11 18:59 | |
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The collapse of the crypto market, exactly predicted in our forecast, happened, as we promised, 2 days before the Libra hearing. But Bitcoin fell below the expected 11 K, although not by much. This is understandable given the two force majeure factors – the denunciation to Libra (letter to Facebook) by a group of congressmen […]
2019-7-15 14:21 | |
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The Labour government said the bill will give owners of bitcoin and other digital assets greater legal protection.
U.K. Prime Minister Keir Starmer appointed Tulip Siddiq as the City Minister, a role that oversees financial services including crypto.
Taiwan's crypto advocacy body, the Taiwan Virtual Asset Service Provider Association, has been formally established and the founding meeting held with 24 cryptocurrency-related entities.
The exchange could return as a FIU-registered firm after paying the fine, the report added.
This is the third test for the Province's new tool to combat money laundering.
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.
India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.