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Latest from Sandali Handagama
Voyager to Hold Onto $445M of Alameda Loan Repayments Pending Court Order or Settlement
Alameda, FTX's trading arm, filed suit in January to recover claw back repayments made to the crypto lender before its own bankruptcy filing.
Israel's Central Bank Proposes Rules for Stablecoins Including 100% Reserve Requirement
The Bank of Israel also recommends a ban on algorithmic stablecoins if they become widely used for payments.
2022 Events Cast 'Serious Doubts' on Stablecoins as Money: BIS Chief
Agustin Carstens, who has previously criticized stablecoins, said they do not benefit from the regulatory requirements and protections that apply to bank deposits.
Trading Platform eToro Gains New York BitLicense to Provide Crypto Services
It also secured a money transmitter license from the New York State Department of Financial Services.
Nigeria's Central Bank in Talks With Blockchain Platform R3 for CBDC Revamp: Bloomberg
The central bank wants full control of the eNaira, and is in early talks with blockchain platform R3 to develop a new system to support the digital currency, according to the report.
Retail Crypto Investors in Emerging Economies Hit Hardest by FTX, Terra Collapses: BIS
The crypto market lost more than $450 billion after Terra's implosion in May, 2022, and another $200 billion after FTX's bankruptcy in November, the report said.
Hong Kong Proposes Rules for Crypto Trading Platforms
Service platforms that do not plan to apply for a license should start preparing for closure in the jurisdiction, Hong Kong's securities regulator said.
Terraform Labs, Do Kwon Transferred More Than 10K Bitcoin Out of Platform Accounts After Collapse: SEC
The securities regulator made the allegation in a court filing as it sued the company for misleading customers.
Celsius Failed to Record Some 7,000 Intercompany Transfers Worth Billions Leading Up to Bankruptcy
A lack of record-keeping could make it impossible to "fully reconstruct" the bankrupt crypto lender's multi-billion-dollar intercompany claim, court filings show.
Hong Kong Successfully Offered Inaugural $100M Tokenized Green Bond
Hong Kong's central bank had been exploring tokenization of green bonds since at least 2021.
