[ad_1] As U.S. banking regulators begin their post-mortem of Silicon Valley Bank, some pundits are pointing the finger at crypto markets, whose own collapse over the past year left the tech-focused lender hopelessly exposed. The conventional wisdom about crypto is that it’s “self-referential” — a separate universe to conventional financeContinue Reading
[ad_1] Why it matters: It’s unclear what the committee will propose, but the effort comes as federal banking and markets regulators ramp up enforcement of traditional financial regulations in the crypto space. Digital asset firms are urging Congress to carve out a specialized rulebook for crypto, as some jurisdictions likeContinue Reading
[ad_1] “We will have the best framework in the world in which companies can develop,” said Stefan Berger, the conservative German lawmaker who shepherded the EU crypto rulebook that will come into force in the second half of 2024. “We will have everything that you need for a workable market.”Continue Reading
[ad_1] Huobi and KuCoin did not respond to requests for comment. One year after Russia launched its full-scale invasion of Ukraine, a conflict that has since killed hundreds of thousands of soldiers on both sides and forced millions of Ukrainians from their homes, the news reveals the continued limits ofContinue Reading
[ad_1] Fourteen years after Bitcoin’s release, law enforcement and cybersecurity officials continue to grapple with the fallout from the first generation of cryptocurrency-related technology — from money laundering, to unregistered securities offerings, to ransomware attacks. But even as regulators and law enforcement figure out how to handle the first waveContinue Reading
[ad_1] The clashes in bankruptcy and civil courts vindicate industry skeptics like Sen. Elizabeth Warren (D-Mass.) and Securities and Exchange Commission Chair Gary Gensler, who have long warned that crypto businesses are defying basic rules that would protect retail investors and traders. They are also fueling calls to enforce theContinue Reading