Cryptocurrencies News
- Reuters
WASHINGTON (Reuters) – The U.S. Commodity Futures Trading Commission (CFTC) chairman Rostin Behnam told lawmakers on Thursday that he met with former FTX chief executive officer Sam Bankman-Fried 10 times to discuss the company’s clearing house application.
- Reuters
By Kevin Buckland TOKYO (Reuters) – The dollar tumbled to a three-month low versus the yen on Thursday as traders keyed on comments by Federal Reserve Chair Jerome Powell that interest rate hikes could be scaled back “as soon as December.”
- Reuters
LONDON (Reuters) – HSBC Chief Executive Noel Quinn has said he does not believe a campaign by its biggest shareholder, Chinese insurer Ping An, is politically motivated.
- Reuters
(Reuters) – TP ICAP has obtained a license to register as a cryptoasset exchange provider with UK’s financial regulator through its Fusions Digital Assets marketplace, the world’s largest inter-dealer broker said on Thursday.
- Reuters
By Carolina Mandl NEW YORK (Reuters) – BlackRock’s Chief Executive Larry Fink said on Wednesday that it seems there were some misbehaviors at crypto firm FTX, but that the technology behind crypto is relevant for the future.
- Reuters
(Reuters) – Sam Bankman-Fried, the founder and former CEO of now-bankrupt crypto exchange FTX, attempted to distance himself from any suggestion of fraud in his first public appearance since his company’s collapse stunned investors and left creditors facing losses totaling billions of dollars.
- Reuters
(Reuters) – A Democratic senator and chair of a key committee on Tuesday pressed U.S. Treasury Secretary Janet Yellen for help in securing legislation to better regulate cryptocurrency, the latest sign of mounting pressure for better regulations following the collapse of crypto exchange FTX.
- Reuters
By Kevin Buckland TOKYO (Reuters) – The U.S. dollar stuck close to a one-week high on Wednesday, holding on to gains from a three-day rally, as investors braced for comments from Federal Reserve Chair Jerome Powell later and a crucial monthly jobs report at the end
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By David Lawder NEW YORK (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday said social media company Twitter should be held to certain standards for content, arguing that it is “not that different” from radio stations and broadcasters subject to such rules.
- Reuters
By David Lawder NEW YORK (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday said recent turmoil in the cryptocurrency market has not spilled over to the banking sector, but she remained skeptical about the industry and believed it needed adequate regulation.
- Reuters
FRANKFURT (Reuters) – Bitcoin is being artificially propped up and should not be legitimised by regulators or financial companies as it heads for “irrelevance”, the European Central Bank said on Wednesday.
- Reuters
LONDON (Reuters) – The “questionable practices” at now collapsed crypto exchange FTX would not have been allowed to happen under European Union rules now being finalised, a senior European Commission official said on Wednesday.
- Reuters
(Reuters) – Bitfront, a U.S. crypto exchange backed by Japanese social media firm Line Corp, said it has suspended new sign-ups and credit card payments and will cease operations in a few months despite efforts to overcome challenges in the rapidly evolving industry.
- Reuters
LONDON (Reuters) – FTX’s venture capital arm has assets that could be worth investing in, but since the failed crypto exchange has entered Chapter 11 bankruptcy proceedings the process could take time, cryptocurrency entrepreneur Justin Sun said on Wednesday.
- Reuters
By Dietrich Knauth (Reuters) – U.S. cryptocurrency lender BlockFi on Tuesday will make its first appearance in U.S. bankruptcy court after filing for Chapter 11 protection on Monday.
- Reuters
(Reuters) – U.S. cryptocurrency brokerage Genesis said it was seeking to avoid bankruptcy after Bloomberg news reported on Tuesday that creditors to the firm are organizing with restructuring lawyers to prevent insolvency.
- Reuters
SINGAPORE (Reuters) – The U.S. Securities and Exchange Commission has yet to approve any spot bitcoin exchange-traded fund listings to date, commissioner Mark Uyeda said at the sidelines of a forum in Singapore on Wednesday.
- Reuters
SINGAPORE (Reuters) – Singapore’s Deputy Prime Minister Lawrence Wong said on Wednesday that Temasek Holdings has initiated an internal review of its investment in the now-bankrupt FTX crypto exchange, which resulted in a write-down of $275 million.
- Reuters
By Medha Singh and Lisa Pauline Mattackal
- Reuters
(Reuters) – Crypto exchange Kraken has agreed to pay a fine to settle civil liability related to apparent violations of sanctions on Iran, the U.S. Treasury Department’s Office of Foreign Assets Control said on Monday.