After completing the preparatory stage and obtaining the operational license in Dubai, Crypto.com plans to provide a comprehensive range of institutional services in compliance with regulatory requirements.
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Taiwanese lawmakers reportedly expect to finalize a crypto regulatory framework by the end of March or April at the earliest.
An analysis of the rising inflation and concurrent collapse of Silicon Valley Bank proved that more than 186 banks in the U.S. are at risk of a similar shutdown if depositors decide to withdraw all funds.
Since October, more than 80 virtual asset companies have expressed interest in establishing in the city, while 23 have indicated actual plans of doing so.
The invitation was mediated by former CFTC Commissioner Mark Wetjen, who joined FTX US as the Head of Policy and Regulatory Strategy in Nov. 2021.
Finding the right balance between regulations and banking institutions is important for Schiff, considering that Puerto Rico regulators closed down Schiff’s bank due to non-compliance.
Insider sources reportedly described the bonus pool as “modest,” adding that the stock held by senior execs had been “rendered worthless” following Silicon Valley Bank's UK arm "near-collapse.”
The emergency preparation will allow the takeover to proceed without the usual “six-week consultation period” with shareholders, according to people familiar with the situation.
The banking coalition reportedly argued that it would bring stability to the banking industry and reduce the chances of "more bank failures," in a letter to federal regulators.
Sam Bankman-Fried seeks to use FTX’s corporate insurance, Bitcoin outperforming Wall Street banks in 2023 and USDC repegs after turbulent days.
The Howey test’s impact on cryptocurrency, explained — legal implications, compliance requirements and more.
The move comes after a judge expressed displeasure about SBF’s use of encrypted-messaging apps and virtual private network services while on bail.
In a week when the crypto industry – and the rest of the world – was beset by bad news about banking, one more banking setback has come to light.
According to the House Financial Services Committee, it expects to hold multiple hearings on "getting to the bottom" of the banks' failures.
Silicon Valley Bank and Silvergate Bank were crucial to many in the cryptocurrency industry, and it’s fueling theories that regulators encouraged their downfall.
In our latest Cointelegraph Report, we broke down the main events that led to the collapse of Silvergate, SVB and Signature Bank and explain what this all could mean for crypto.
Members of the European Parliament have been discussing the impact of the failure of Silicon Valley Bank, Signature Bank and Silvergate Bank on markets in their jurisdictions.
SVB Financial Group, the former umbrella entity of Silicon Valley Bank, has filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Southern District of New York to "preserve value."