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Nasdaq Aims to Launch Crypto Custody Services in Second Quarter

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Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this year’s second quarter. The exchange operator is among those traditional financial firms that want to play a role as intermediaries in the crypto sector…

Republican Congressman Tom Emmer Queries FDIC on Alleged Efforts to Purge Crypto Activity from US

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В среду, Tom Emmer, Соединенные штаты. Republican congressman from Minnesota, revealed he sent a letter to Martin Gruenberg, the chairman of the Federal Deposit Insurance Corporation (ФКСД), regarding reports that the FDIC is “weaponizing recent instability” in the U.S. banking industry…

US Prosecutors Seek to Further Restrict Former FTX CEO Sam Bankman-Fried’s Internet Access

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Соединенные штаты. attorney for the Southern District of New York (SDNY), Damian Williams, and the Department of Justice (Министерство юстиции) are requesting “proposed modifications” to the bail conditions of former FTX CEO, Сэм Бэнкман-Фрид. The SDNY prosecutor is asking the court to…

FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation

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Категория 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchange’s shortfalls. The latest presentation reveals a significant shortfall, as approximately $2.2 billion of the company’s total assets were found in…

Федеральная торговая комиссия США расследует маркетинговые схемы криптофирмы Voyager

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According to a court document filed recently in the Voyager Digital bankruptcy case, Соединенные штаты. Federal Trade Commission (FTC) is investigating the marketing of the crypto firm. Like the U.S. Комиссия по ценным бумагам и биржам (SEC), the FTC has objected to Binance…

Генеральный директор Кракен: Регуляторы позволяют плохим парням становиться большими и взрываться, чтобы служить их повестке дня

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The CEO of crypto exchange Kraken, Джесси Пауэлл, says U.S. regulators “let the bad guys get big and blow up because it serves their agenda.” The executive explained: “Bad guys operate with huge competitive advantages. They suck up users, доход, В этом году известные автомобильные бренды и всемирно известные гоночные команды в большом количестве входят в пространство блокчейна и криптовалюты.…

Stanford Alumni Revealed as Co-Signers of FTX Co-Founder’s $250M Bond

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According to the latest court documents in the fraud case involving former FTX CEO Sam Bankman-Fried in Manhattan, the New York judge presiding over the case unsealed the co-signers of Bankman-Fried’s bond on Wednesday. The names of the two bail bond…

Stablecoin Market Sees Supply Increase for Tether as Competitors Decline in Light of Recent Regulatory Developments

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While the stablecoin market has seen significant redemptions in the past three months, the supply of tether, the largest stablecoin by market capitalization, has increased by 2.46 billion since mid-November 2022. Tether is the only one of the top five stablecoins…

House Republicans Demand Answers From SEC Over FTX Co-Founder’s Arrest

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On Feb. 10, 2023, Republicans Patrick McHenry of North Carolina and Bill Huizenga of Michigan, both members of the U.S. House of Representatives, sent a letter to Securities and Exchange Commission (SEC) chairman Gary Gensler seeking answers about the arrest of…