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Regulation
Celsius is ‘Deeply Insolvent,’ Alleges Vermont Department of Financial Regulation
The troubled lender lacks the assets and liquidity to honor its obligations to investors, DFR said.
California Is Investigating ‘Multiple’ Crypto Lending Companies
The state’s Department of Financial Protection and Innovation is looking at whether firms that have suspended customer withdrawals and transfers have violated its laws.
Crypto Investors Can Rely on ‘Frankly Nothing’ in Current Regulatory Environment, Says Former FDIC Official
Chief Innovation Officer Sultan Meghji joined CoinDesk TV’s “First Mover” to discuss why crypto investors can rely on “frankly, nothing.”
Crypto Industry Portrayed 'Illusion of Respectability', Paul Krugman Says
In a New York Times article, the economist examined how the industry was able to market itself to respectable institutions and individuals.
France Starts Second Stage of Wholesale CBDC Experiments, Central Bank Governor Says
Banque de France head François Villeroy de Galhau said the work ensures that France stands ready to bring central bank money as a settlement asset as early as 2023.
Global Financial Watchdog FSB to Propose Crypto Regulations in October
The Financial Stability Board will recommend ways to oversee stablecoins and other digital assets to the G-20.
India's Law Enforcement Agency Probes Crypto Exchanges for Forex Violations
The investigation comes amid a slide in the rupee to a record low versus the greenback.
Binance Secures Registration in Spain Through Its Moon Tech Subsidiary
The company can now offer crypto trading and custody services in the country.
Ethics Watchdog Bars US Government Employees From Writing Crypto Policy if Invested
A new legal advisory from the Office of Government Ethics bars federal workers who own crypto from working on policies that could influence the value of their digital assets.
