Regulations
BlockFi Has $355M in Crypto Frozen on FTX, Attorney Confirms
Kirkland & Ellis Partner Joshua Sussberg announced the figure during BlockFi’s first bankruptcy hearing.
France, Luxembourg Test CBDC for 100M Euro Bond Issue
The Venus Initiative is the latest attempt to use digital representations of money for financial-market settlements.
Ukraine Considering CBDC That Can Facilitate Crypto Trading
The National Bank of Ukraine says it is looking at retail payments, virtual asset circulation and cross-border transactions as possible use cases for an electronic hryvnia.
Singapore Banks' Exposure to Bitcoin 'Insignificant' but Subject to Highest Risk Weight
Banks must hold $125 in capital against every $100 worth of bitcoin, a senior minister said.
BlockFi Files for Bankruptcy as FTX Contagion Spreads
BlockFi received a $400 million line of credit from FTX earlier this year.
FTX Direct Clearing Plan Was Nowhere Close to Being Approved, CFTC Chief Says
Rostin Behnam, the agency's chairman, did say FTX executives met frequently with the regulator.
UK Crypto Fraud Climbs by a Third to Over $270M: Report
The country is in a recession and the cost of living has increased, making some people vulnerable to fraudsters.
Bahamas' Attorney General Defends Country's Regulatory Regime Amid FTX 'Debacle'
Ryan Pinder disputed the notion that FTX moved to the country because it didn't want to "submit to regulatory scrutiny."
Bitcoin.org's 'Cøbra' Must Unmask to Challenge Craig Wright's Legal Costs, UK Court Rules
Wright, the self-proclaimed inventor of Bitcoin, was granted permission to serve legal papers on Cøbra as he sought a declaration of his ownership of copyright to the Bitcoin white paper.
Turkish Authorities Order Seizure of 'Suspicious' FTX Assets
The country's Financial Crimes Investigation Board says Sam Bankman-Fried is also under investigation.
