Crypto’s regulatory fate will be decided in the year ahead
Congress is set to take up a slew of legislative proposals in 2023 that will determine which regulators have chief domain over cryptocurrency. It would be ideal for the industry…
Next House committee chair reintroduces bill on crypto innovation
Under the bill, companies could apply for an “enforceable compliance agreement” with offices at federal financial agencies that would allow for a regulatory path forward. North Carolina Representative Patrick McHenry,…
Sam Bankman-Fried agrees to US extradition ‘to put the customers right’: Report
The former FTX CEO attended an emergency hearing of the Bahamas Magistrate Court just hours earlier, returning to prison following the event. Former FTX CEO Sam Bankman-Fried, currently in the…
Bank of Canada emphasizes need for stablecoin regulation as legislation is tabled
A note by central bank researchers says regulation is the key to reaping the benefits of fiat-referenced crypto assets after the Canadian parliament fails to consider legislation. Staffers at the…
$16K retest the most likely path for Bitcoin, according to 2 derivative metrics
Top traders’ long-to-short ratio and stronger demand for stablecoins in Asia indicate higher odds of further price correction. Bitcoin (BTC) broke below $16,800 on Dec. 16, reaching its lowest level…
Successful decentralization doesn’t need blockchains: Nillion CEO
According to the CEO of Nillion, “decentralization is a spectrum with multiple axes.” Decentralization via blockchain technology has given rise to several applications such as cryptocurrency, nonfungible tokens (NFTs), decentralized…
Commodity Analyst Mike McGlone Suggests ‘Bitcoin Appears Poised to Resume Its Inclination to Outperform’
Bloomberg Intelligence senior commodity analyst, Mike McGlone, believes a “warm spell” is coming in terms of bitcoin markets as the market strategist detailed on Monday that “bitcoin appears poised to…
SHIB Community Members and Countdown Clock Hint Shibarium Launch Is Imminent
According to a myriad of social media posts, the meme crypto project Shiba Inu is planning to launch the highly anticipated Shibarium, a layer two (L2) project that was supposed…
Binance US Plans to Acquire Voyager Digital’s Assets for $1 Billion in Bankruptcy Bid
According to a Binance blog post, Binance US has entered an agreement with Voyager Digital Ltd., in order to acquire its assets. The announcement details that the acquisition “sets a…
Biggest Movers: SHIB, XMR Extend Recent Gains on Monday
Shiba inu rose for a third consecutive session on Monday, as the meme coin continued to move away from last week’s lows. Today’s surge comes as the global cryptocurrency market…
Sam Bankman-Fried arrested and consented to the extradition — Law Decoded, Dec. 12-19.
The entrepreneur reportedly reconsidered his earlier decision to contest extradition and now would be able to appear in a United States court. Welcome to Law Decoded, your weekly digest of…
Boris Johnson’s brother steps down as Binance adviser amid concerns over the exchange: Report
Lord Johnson of Marylebone reportedly took up a role on the U.K. advisory board of one of Binance’s subsidiaries in September. Jo Johnson, the brother of former United Kingdom prime…
Binance acquires 100% of Indonesian Tokocrypto after initial investment in 2020
This is the third licensed Asian cryptocurrency exchange Binance has bought this year as it expands its global reach; the company had shown signs of struggling. Binance has acquired Indonesian…
Sam Bankman-Fried wants to see indictment before extradition to US: Report
Authorities in the Bahamas have had the former FTX CEO in custody since Dec. 12, shortly before he was denied bail. Former FTX CEO Sam Bankman-Fried, who is currently facing…
FTX’s Sam Bankman-Fried Will Not Be Extradited To The United States
A Bahamian magistrate has issued orders to extend the remand of Sam Bankman-Fried. The former FTX CEO was expected to drop his extradition fight today in court. SBF was reportedly…