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US Bank Watchdog Says He’s Not Budging on Crypto Distrust
Michael Hsu, acting chief of the Office of the Comptroller of the Currency, is sticking to his guns on keeping most crypto activity out of the U.S. banking system.
Celsius Resembled Ponzi Scheme at Times, Vermont Regulator Says
"... [A]t least at some points in time, yields to existing investors were probably being paid with the assets of new investors."
The Fed Wants You to Lose Money in Stocks and Probably Crypto, Too
Monetary policy works through financial conditions, including equities and consequently crypto, which has been highly correlated with the equity market.
Crypto Lender Celsius Network Says $70M Cash Relief Will Bolster Efforts to Survive the Year
The extra cash from loan repayments, previously believed to be in stablecoins, means a much needed boost for the cash-strapped lender.
US Job Growth Slowed in August; Bitcoin Gains
The report is one of the last major economic data points the Federal Reserve will see before its September monetary policy meeting.
Celsius’ Third Bankruptcy Hearing Yields Little in the Way of Customer Relief
The three-hour hearing was largely spent on a back-and-forth over whether custodial account holders will be able to get their money back.
FTX.US Derivatives Deepens Board With Addition of Ex-CFTC Commissioner
The hire comes as FTX has previously pitched the CFTC to directly clear customers' crypto swaps.
Crypto Lender Celsius Files to Return Custody Clients' Funds
Celsius said these funds are not part of the bankruptcy estate, unlike funds from Earn and Borrow clients.
5 Top Crypto Lawyers Join Law Firm Brown Rudnick’s Digital Commerce Practice
Well-known crypto lawyer Stephen Palley will co-chair Brown Rudnick’s Digital Commerce practice.
US Asked Binance for Documents Related to Money-Laundering Probe: Report
The request was made by federal prosecutors in late 2020.
