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US crypto industry lobby spending on track for new record in 2023

The cryptocurrency industry was on track to hit a new record for federal lobbying spending, after a year in which firms scrambled to repair...

Crypto fund co-founder arrested, jailed in Singapore: liquidator

One of the co-founders of collapsed cryptocurrency hedge fund Three Arrows Capital has been apprehended in Singapore and jailed for four months, according to...

‘Rules leave cryptocurrency firms with no place to hide’

Globally agreed rules leave crypto firms with no option but to introduce basic safeguards to prevent the blow-ups seen at FTX exchange and other...

Instagram, YouTube, Twitter can face regulatory action

Instagram, YouTube, TikTok and Twitter could face regulatory action after European consumer group BEUC complained to the European Commission and consumer authorities that the...

Binance, US affiliate hit by net outflows of $790 mln

Investors have pulled around $790 million from the crypto exchange Binance and its U.S. affiliate in the last 24 hours, data firm Nansen said...

Blockchain CEO says default would hit crypto initially

A US government default would trigger an initial pull-back from crypto currencies followed by a "push upward" the CEO of London-based crypto firm Blockchain...

World’s first comprehensive crypto rules approved

 European Union states on Tuesday gave the final nod to the world's first comprehensive set of rules to regulate crypto-assets on Tuesday, piling pressure...

Major crypto coins stabilise after US intervenes

Major cryptocurrencies stabilised on Monday after US authorities announced plans to limit the fallout from the collapse of Silicon Valley Bank (SVB) and the...

US regulators warn banks over crypto risks

US bank regulators warned Tuesday that crypto assets and exposure present risks to lenders, urging organizations to ensure they manage the dangers. The joint statement...

U.S. crypto firm Nomad hit by $190 million theft

U.S. crypto firm Nomad has been hit by a $190 million theft, blockchain researchers said on Tuesday, the latest such heist to hit the...

Bitcoin holds near $20,000 as investors fear “domino effect”

The cryptocurrency industry was on edge on Monday as bitcoin held just above $20,000 and investors feared that problems at major crypto players could...

A coming crypto storm for central banks? Focus on digital money intensifies

Digital money or crypto, a curiosity just a few years ago, is emerging as an intense concern among central banks with the potential to...

Ethereum co-founder speaks up on crypto crash

Ethereum's co-founder Gavin Wood said cryptocurrency investors need to be more aware of what is backing their holdings after a market rout which wiped...

Crypto and gaming collide in high-risk ‘play-to-earn’ economies

Jarindr Thitadilaka says he made as much as $2,000 a month last year from his collection of digital pets, which he would breed and...

Crypto exchange Binance wins dismissal of U.S. lawsuit over digital token sales

A federal judge on Thursday dismissed a lawsuit accusing Binance, the world's largest cryptocurrency exchange by trading volume, of violating U.S. securities laws by...

‘Huge deficiency’: Crypto industry reels from $600 mn hack

PARIS: Investigators are on the trail of hackers who spirited away more than $600 million in cryptocurrency last week, watching the money as it...

Naomi Osaka takes equity stake in crypto exchange FTX

Tennis star Naomi Osaka has taken an equity stake in FTX and will be receiving compensation in crypto, the Bahamas-based cryptocurrency exchange, one of...

Global regulators going ‘full steam’ to tame crypto currencies

Regulators came late to the fast evolving cross-border world of crypto currencies but they could come up with their first global framework of rules...

Turkish unit of crypto exchange Binance fined, news agency says

ANKARA: Turkey's Financial Crimes Investigation Board (MASAK) imposed an 8 million lira ($751,314) fine on the local unit of cryptocurrency exchange Binance over violations...

Facebook-backed crypto project Diem to launch US stablecoin in major shift

The association, which comprises 26 financial firms and non-profits, said it was relocating its main operations from Switzerland to the United States and withdrawing its payment system license application with the Swiss financial regulator.

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