FTX presentation shows ‘massive shortfall’ in firm’s assets

FTX and FTX US together have billions in deficits in their exchange wallets and fiat...

SEC chair implies crypto exchanges may not be ‘qualified custodians’ as new rule is drafted

Gary Gensler praises the SEC Investor Advisory Committee’s proposed rule on safeguarding advisory client assets...

UK banks HSBC, Nationwide to ban crypto purchases with credit cards: Report

The banks join a growing list of financial institutions in the country tightening restrictions on...

Sen. Elizabeth Warren and colleagues demand to see Binance’s balance sheets

Three United States senators have written a letter to the CEOs of Binance and Binance.US...

Russian bank issues first on-chain bank guarantee in Chinese yuan

The transaction was performed through the Masterchain blockchain platform, which is the Russian national blockchain...

US Treasury-led CBDC Working Group looking at technical issues, national interest

Treasury Under Secretary for Domestic Finance Nellie Liang examined some of the design issues that...

NEAR protocol releases blockchain operating system for Web3

Cointelegraph interviewed the protocol team at ETHDenver 2023 about the new operating system and funds...

Proposed South Dakota amendment to UCC would prohibit cryptocurrencies, but not CBDC

The bill authored by a Republican state legislator would prevent the use of cryptocurrency as...

Celo president Rene Reinsberg explains why the protocol is optimizing for mobile

Celo president Rene Reinsberg believes Web3 adoption will require more block space and that Celo...

Michael Saylor is still on the hook for alleged tax evasion, says MicroStrategy filing

A D.C. court denied a motion to dismiss claims that Michael Saylor failed to pay...