Decentral Block Post

The Texas Congressman urged lawmakers to examine the SEC's efforts to prevent fraud at the crypto exchange.

The new standard limits crypto reserves among banks to 2% by 2025, and goes into effect on January 1, 2025.

Three democratic committees, the DNC, the DSCC and the DCCC, pledged to return SBF’s political donations after the entrepreneur was charged with eight counts of financial crimes.

According to the FSOC, issues at FTX had “precipitated price decreases in Bitcoin and other crypto-assets” but “had a limited impact on the broader U.S. financial system.”

The top 100 DeFi token had a mixed week with majority of them losing bullish momentum from the last week.

According to lawyers representing FTX's provisional liquidators, allegations that Bahamian officials were giving residents preferential treatment were “wholly without merit”.

The Russian government doesn’t want to enable Bitcoin for regular Russian people but exclusively for foreign trade entities.

The suit is looking to hold Silvergate accountable for its alleged roles in transferring FTX user deposits to Alameda bank accounts.

Various creators and promotors of two allegedly fraudulent crypto companies are facing a litany of charges that could land them 20 years in jail.

As it stands, Japanese crypto issuers are required to pay a set 30% corporate tax rate on their holdings, even if they haven’t realized a profit through a sale.

U.S. Republican Representative Patrick McHenry called for clarification on a “poorly” written digital asset tax provision in a letter to the Treasury.

Bahamas media reports that Sam Bankman-Fried lodged a new bid for bail just two days after a judge denied his previous application and called the FTX founder a flight risk.

ASIC claimed a crypto yield-bearing product from Finder’s registered exchange was unlicensed, the firm disagreed but refused to say if it would fight the suit.

The cryptocurrency exchange has offered a crypto/fiat Visa card in Brazil since last year and is expanding rapidly on international markets.

Organizations led by German fintech etonec designed a system that takes advantage of zk-SNARK to provide untraceable transactions within regulatory limits.

"This may increase the risk of customers becoming involved in money laundering or terrorist financing," said De Nederlandsche Bank.

The state, a notoriously demanding regulator of the industry, has released detailed guidelines for banks’ applications; some licensed banks may have to play catchup.

The committee would play a role in representing creditors who lost funds or were otherwise affected by the downfall of FTX, reported to be one million people.

French Parliament will discuss the amendment, canceling the favorable treatment of crypto companies, in January 2023.