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Regulations
Was Silvergate on Borrowed Time as Regulators Backed Banks Away From Crypto?
As customers abandon the prominent California-based crypto bank, its future gets increasingly murky.

U.S. Lawmakers Argue SEC Accounting Policy Undermines Safe Crypto Custody
Rep. Patrick McHenry, chairman of the House Financial Services Committee, and Sen. Cynthia Lummis teamed up on a letter questioning regulators about crypto accounting policy.

Voyager Bankruptcy Judge Says He Is ‘Absolutely Shocked’ by SEC Objection to Binance.US Deal
Judge Michael Wiles gave short shrift to idea that VGX token could be unregistered security .

SEC Chair Gensler Says Crypto Exchanges May Not Be 'Qualified Custodians'
"Just because a crypto trading platform claims to be a qualified custodian doesn’t mean that it is," the SEC chair said.

Dubai’s Crypto Industry Welcomes New Licensing Regime Amid Global Regulatory Uncertainty
The emirate’s ambitious framework tackles a broad range of assets and activities, designed to attract firms seeking regulatory clarity.

Metaverse Competition Issues Need Addressing, EU Antitrust Chief Says
The European Commission is set to produce a strategy for online virtual worlds in May.

Three Japanese Banks Start Stablecoin Experiment
The institutions involved are Tokyo Kiraboshi Financial Group, Minna no Bank and The Shikoku Bank.

Australia’s Central Bank Taps Mastercard and Others to Test CBDC Use Cases
The projects will take part in the country’s central bank digital currency pilot, expected to wrap later this year.

Silvergate Stock Plunges as Bank Says It May Face DOJ, Congressional and Bank Regulator Inquiries
Shares fell over 10% in after-hours trading.

Prosecutors’ Case Against FTX’s Sam Bankman-Fried Becomes Clearer
In the last week prosecutors have laid out new details and allegations against the FTX founder.
