Cryptocurrencies News

By Huw Jones LONDON (Reuters) – Tough capital rules for banks holding cryptoassets must be fast-tracked in the European Union’s pending banking law if Europe wants to avoid missing a globally-agreed deadline, the bloc’s executive has said.

By Tom Wilson and Angus Berwick LONDON (Reuters) – The U.S. partner of global cryptocurrency exchange Binance has confirmed that a trading firm managed by Binance CEO Changpeng Zhao operated as a market maker on its platform.

(Reuters) – Cryptocurrency exchange giant Binance is considering ending relationships with U.S. business partners, Bloomberg News reported on Friday, citing a person familiar with the matter.

WASHINGTON (Reuters) – Former basketball star Paul Pierce will pay $1.4 million to settle charges he unlawfully touted a crypto security, the U.S. Securities and Exchange Commission announced Friday.

By Leika Kihara TOKYO (Reuters) – The Bank of Japan (BOJ) said on Friday it has decided to launch a pilot programme in April for issuing a digital yen, moving a step closer to launching a central bank digital currency (CBDC) in a country that lags

By Huw Jones LONDON (Reuters) – The G20’s Financial Stability Board (FSB) said on Thursday it would take steps to tackle “vulnerabilities” and data gaps in decentralised finance (DeFi) highlighted by the collapse of cryptocurrency exchange FTX last year.

By Angus Berwick and Tom Wilson (Reuters) – Global cryptocurrency exchange Binance had secret access to a bank account belonging to its purportedly independent U.S. partner and transferred large sums of money from the account to a trading firm managed by Binance CEO Changpeng Zhao, banking

By Luc Cohen NEW YORK (Reuters) – A U.S. judge on Thursday is set to weigh tighter restrictions on Sam Bankman-Fried’s internet use, after prosecutors said the indicted FTX cryptocurrency exchange founder may be trying to hide some of his online activity.

LONDON (Reuters) – Bitcoin touched a six-month high on Thursday, swept higher with equities and other relatively risky assets as investors gained confidence in the economic outlook and dismissed concern about regulatory scrutiny of the sector.

By Aftab Ahmed and Christian Kraemer NEW DELHI (Reuters) – G20 finance and central bank chiefs meet in India next week at the first-year anniversary of Russia’s invasion of Ukraine to discuss rising debt troubles among developing countries, the regulation of cryptocurrencies and the global

By Jonathan Stempel (Reuters) – Former customers of Sam Bankman-Fried’s FTX have sued three venture capital and private equity firms, accusing them in a proposed class action of fraudulently promoting the cryptocurrency exchange before it went bankrupt.

NEW YORK (Reuters) – The names of two of indicted FTX cryptocurrency exchange founder Sam Bankman-Fried’s bond guarantors were made public on Wednesday.

By Jonathan Stempel (Reuters) – Charlie Munger, the longtime business partner of Warren Buffett at Berkshire Hathaway Inc, on Wednesday said China remains a top opportunity for investors despite geopolitical risks.

(Reuters) – Bitcoin rose 4.99% to $23,319 at 1959 GMT on Wednesday, adding $1,108 to its previous close.

By Dietrich Knauth (Reuters) – Crypto lender Celsius Network will seek to exit bankruptcy under the guidance of asset manager NovaWulf Digital Management, which will take over the operations of a new company that will be owned by Celsius customers, the company said at a court

(Reuters) – A U.S. bankruptcy judge on Wednesday denied calls for a new, independent investigation into the collapse of crypto exchange FTX, saying that the proposed investigation would be redundant to other investigations being carried out by FTX’s new management and law enforcement.

By Abinaya V and Shubham Kalia (Reuters) – U.S. prosecutors have raised concerns over FTX cryptocurrency exchange founder Sam Bankman-Fried’s usage of a Virtual Private Network (VPN) to access the internet and have asked a U.S. district judge for more time to discuss his bail conditions.

By Medha Singh (Reuters) – It’s alive! The NFT market is twitching out of its torpor, defying reports of its demise.

NEW YORK (Reuters) – A U.S. judge on Monday put two regulators’ civil lawsuits against Sam Bankman-Fried on hold until the conclusion of the Department of Justice’s criminal case against the founder of the now-bankrupt FTX cryptocurrency exchange.

By Tom Wilson and Elizabeth Howcroft LONDON (Reuters) – New York’s chief financial regulator has ordered Paxos, the company behind the stablecoin of major crypto exchange Binance, to stop issuing the token, Paxos said in a statement on Monday.