In a recent speech at the Salzburg Global Seminar, Federal Reserve Bowman emphasized the need for global regulators to address the supervision of emerging banking activities, specifically highlighting banking as a service and digital assets.
eToro, an Israel-based social-trading platform, has announced that it will restrict US customers from opening new positions in several cryptocurrency tokens starting from July 12.
Senator Cynthia Lummis, together with Senator Kirsten Gillibrand, is leading a bipartisan campaign to enact comprehensive cryptocurrency laws. The anticipated bill aims to provide legal clarity, reduce regulatory ambiguity, and promote responsible participation.
In the FTX bankruptcy case, US Bankruptcy Judge John Dorsey retains jurisdiction over $7.3 billion in disputed assets, maintaining exclusive access and refusing to yield to a foreign court
Court stated the plaintiff, Joseph Kent, can't pursue a lawsuit because he "suffered no concrete harm at the hands of the defendants."
Key takeaways: During the G7 summit, President Joe Biden stated that prior to his departure, he held discussions with all four congressional leaders and they reached a consensus that progress can only be made through a bipartisan agreement. Biden expressed…
The individuals allegedly used a trading bot to place thousands of "spoof orders" and "wash trades" to manipulate the market and gained around $2 million in profit.
Maple claims it ensures the safety of lender funds by implementing a tri-party agreement that involves the borrower, broker, and Maple Foundation
The bill notes that Montana wants to “protect the right to mine” crypto and “create legal certainty” for miners.
The remaining Bitcoin from the Ross Ulbricht Silk Road case that was seized by American officials will be sold in four installments this year.
