EY’s global blockchain leader says that for the first time ever, crypto’s price swings do not have that big of an impact on the long-term growth of the industry. Nonetheless, he stressed: “It is also important that regulators crack down on obvious Ponzi schemes faster and with more severity.” EY’s Brody on Crypto Winter Paul
Bitcoin.com: UK Bank Starling Blocks Payments to Crypto Platforms — Claims Crypto Is High Risk, Heavily Used for Criminal Purposes
Starling Bank has informed its customers that the bank no longer supports fund transfers to cryptocurrency platforms, including crypto exchanges. The bank stated that cryptocurrencies “are high risk and heavily used for criminal purposes and, as such, we no longer support them.” Starling Bank Blocks Fund Transfers to Crypto Exchanges London-headquartered Starling Bank recently notified
Bitcoin.com: Singapore Regulator Explains Action Against Binance vs FTX — Warns Even Licensed Crypto Exchanges Can Fail
The Monetary Authority of Singapore (MAS), the regulator overseeing the crypto sector, has defended the action it took against crypto exchange Binance and not the collapsed crypto platform FTX. The central bank also warned that cryptocurrencies are “highly volatile and many of them have lost all value.” Singapore’s Central Bank Clarifies Its Stance on Binance
Bitcoin mining stocks tracked by The Block were mostly down on Friday, November 25. The post Bitcoin mining stock report: Friday, November 25 appeared first on The Block.
A large amount of cryptocurrency kept in a wallet associated with crypto exchange Wex, successor of the infamous trading platform run by alleged money launderer Alexander Vinnik, has moved for the first time since 2017. The 10,000 bitcoins in question, worth over $165 million, have been transferred to new addresses in several transactions. Bitcoin Stored
The Alabama Securities Commission and other state regulators are probing Genesis Global Capital. Alabama Leads Genesis Investigation Genesis is under investigation. The crypto lending firm suspended redemptions and new loan…
Bitcoin.com: Prospects Don’t Look so Hot for Sam Bankman-Fried’s Invitation-Only Crypto Bahamas Event
Following the FTX collapse and amid the aftermath, people have been wondering about the company’s Crypto Bahamas conference that was scheduled to happen on April 17-20, 2023, at the exclusive Grand Hyatt Baha Mar, in Nassau. The event planned for April 2023 was supposed to be hosted by the now-bankrupt FTX and the Skybridge Capital-backed
The Aragon project swapped $20 million worth of USDC and wrapped bitcoin for ether (ETH) to rebalance its treasury. The post Aragon Project adds $20 million in ether to treasury for safety amid FTX collapse appeared first on The Block.
Buenos Aires-based Ripio received regulatory approval in Florida to start offering its service for institutional investors. The post Argentina’s Ripio sets up shop in Florida in first U.S. move appeared first on The Block.