Crypto
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.
Many Existing Stablecoins Won’t Meet Forthcoming Global Standards: FSB
The international standard setter's recommendations for regulating crypto and stablecoins are set to be released in July 2023.
Calm Before the Storm: Is UK’s Financial Watchdog Gearing Up for Enforcement Action?
The Financial Conduct Authority has largely been silent while its U.S. counterparts have been busy cracking down on crypto – but it has a list of 51 unregistered firms to act on.
