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US CFTC’s Behnam Will Testify at FTX Hearing in Senate
Rostin Behnam, the chairman of the U.S. Commodity Futures Trading Commission (CFTC), will testify at a Senate hearing next week set to examine the “lessons learned from the FTX collapse,” according to a listing on the Senate Agriculture Committee’s website. дальше »
2022-11-22 22:05 | |
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FTX leadership pressed for information by US subcommittee chairman
A letter by the chair of the Subcommittee on Economic and Consumer Policy demanded the former and current FTX CEOs turn over details of the exchange’s past and current financials. дальше »
2022-11-20 06:22 | |
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FDIC to prioritize crypto risk assessment amid rising interest among banks
With banks reporting $470 billion in unrealized losses and FDIC foreseeing the continuation of this trend, acting chairman Gruenberg believed banks must cautiously engage in crypto-asset activities. дальше »
2022-11-17 12:11 | |
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White House Goes Back to the Future With FDIC Chair Pick Gruenberg
President Joe Biden has chosen to nominate Federal Deposit Insurance Corp. (FDIC) Acting Chairman Martin Gruenberg to return to the chairmanship he held in previous administrations. The FDIC will have a key role in how crypto will mesh with the U. дальше »
2022-11-15 01:27 | |
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Health of FTX’s US Derivatives Arm Owed to Oversight, Says CFTC Chief Behnam
FTX’s U. S. derivatives-trading subsidiary – the former LedgerX – remains standing while other parts of Sam Bankman-Fried’s empire crumble, and that should be credited to its government oversight, said Rostin Behnam, chairman of the U. дальше »
2022-11-15 19:43 | |
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CryptoSlate Wrapped Daily: SBF out as CEO as FTX files for bankruptcy; SEC Chairman’s ties with exchange under scrutiny
The biggest news in the cryptoverse for November 11 includes FTX filing for bankruptcy as John Ray III takes over from Sam Bankman-Fried as CEO, FTX users seeking to bypass bankruptcy process using the “Bahamas loophole”, US Congressman accused SEC Chairman of having dubious ties to FTX, and Crypto dot com disclosing reserve holdings to allay rumors […] The post CryptoSlate Wrapped Daily: SBF out as CEO as FTX files for bankruptcy; SEC Chairman’s ties with exchange under scrutiny appeared first on CryptoSlate. дальше »
2022-11-12 01:31 | |
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CryptoSlate Wrapped Daily: FTX seeks bailout to shore up liquidity; 60K BTC withdrawn from exchanges
The biggest news in the cryptoverse for November 10 includes SBF planning to raise funds to bailout FTX and make users whole, SEC chairman Gary Gensler advocating for more investor protection following FTX collapse, and Sequoia Capital writing off its over $200M investment in FTX as worthless. дальше »
2022-11-11 01:00 | |
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SEC’s Gensler says more investor protection is needed after FTX fiasco
SEC Chairman Gary Gensler addressed the ongoing market crisis caused by the FTX fallout during an interview on CNBC’s Squawk Box. The post SEC’s Gensler says more investor protection is needed after FTX fiasco appeared first on CryptoSlate. дальше »
2022-11-11 18:15 | |
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Saylor says ‘Bitcoin is winning,’ deems gold a 19th century solution as MicroStrategy outperforms major asset classes
During the MicroStrategy (MSTR) Q3 earnings call, Executive Chairman Michael Saylor said Bitcoin is winning, in turn boosting the company’s fortunes. The post Saylor says ‘Bitcoin is winning,’ deems gold a 19th century solution as MicroStrategy outperforms major asset classes appeared first on CryptoSlate. дальше »
2022-11-3 20:29 | |
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Hong Kong’s crypto plans could be a ‘test center’ opportunity for China, PCG’s Li says
Hong Kong is still a great financial hub for capital, for the world and particularly the Asia market, Richard Li, chairman at Pacific Century Group, a private investment group. “I still feel that Hong Kong is a very good hub for Asia… a very good financial hub for capital. дальше »
2022-11-1 17:50 | |
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Bithumb Founder Could Face Eight Years in Prison for $70 Million Fraud Charges
South Korean prosecutors are seeking an eight years sentence for the founder of Bithumb, Lee Jung-hoon, on charges that he defrauded the chairman of cosmetic surgery company BK Group, Kim Byung Gun, of 100 billion won (around $70 million). дальше »
2022-10-27 00:21 | |
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Prosecutors Seek 8-year Jail Term for Owner of Top South Korean Crypto Exchange Bithumb
Coinspeaker Prosecutors Seek 8-year Jail Term for Owner of Top South Korean Crypto Exchange Bithumb Crypto exchange FTX is reportedly in talks to buy Bithumb. The legal issues connected to its former chairman will, however, hinder any possible sale. дальше »
2022-10-25 15:55 | |
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SEC Chair Gary Gensler: Crypto Exchanges Are ‘Highly Centralized’
Securities and Exchange Commission chairman Gary Gensler questioned its decentralization properties in his latest attack on the crypto industry. The post SEC Chair Gary Gensler: Crypto Exchanges Are ‘Highly Centralized’ appeared first on BeInCrypto. дальше »
2022-10-25 07:48 | |
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FDIC Chairman Says Regulators Should Oversight Over Stablecoin Issuers
The FDIC expressed his trust in stablecoins as a possible means of payment and urged regulators to better oversee the stablecoins. According to the chair, stablecoins hold characteristics that could bring issues such as money laundry to an end. дальше »
2022-10-21 19:00 | |
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South Korean police raid Hancom Inc offices, chairman’s home over slush fund suspicions
South Korean police agents raided the offices of software maker Hancom Inc and the home of Hancom Group chairman Kim Sang-Cheol on suspicions of manipulating the price of Arowana tokens and creating a slush fund on October 20, according to local media reports. дальше »
2022-10-21 13:00 | |
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Stablecoins Could ‘Fundamentally Alter’ Banking System, Says US FDIC Chief
Stablecoins could have such a profound effect on the established banking system that U.S. regulators need to require that the digital tokens fit in without disrupting it, said Martin Gruenberg, the acting chairman of the Federal Deposit Insurance Corp. дальше »
2022-10-21 17:00 | |
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CFTC’s Behnam Calls FTX Idea a Potential ‘Evolution’ in Market Structure
FTX’s proposal to cut out the middlemen in U.S. crypto derivatives has shaken traditional financial firms, but the chairman of the Commodity Futures Trading Commission (CFTC) said the idea could mark an “evolution” in the way markets work. дальше »
2022-10-15 01:24 | |
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