Cryptocurrencies News

(Reuters) – FTX’s Bahamas unit, FTX Digital Markets, is seeking protection from creditors in the United States under Chapter 15 of the U.S. Bankruptcy Code, a court filing showed on Tuesday.

By Angus Berwick, Anirban Sen, Elizabeth Howcroft and Lawrence Delevingne

ABU DHABI (Reuters) – Binance chief executive Changpeng Zhao said on Wednesday there was significant interest from industry players in a recovery fund his company plans to launch to help crypto projects facing a liquidity squeeze following the collapse of rival FTX.

(Reuters) – FTX’s officials have been in contact with the U.S. regulators and other international regulatory agencies over the past 72 hours, it said in a filing on Monday, after authorities opened probes following last week’s collapse of the crypto exchange.

(Reuters) – The Australian securities regulator said on Wednesday it has suspended the licence of the local arm of collapsed-crypto exchange FTX until mid-May next year, days after the local unit was placed under voluntary administration.

(Reuters) – American and Bahamian authorities are discussing the possibility of bringing FTX founder Sam Bankman-Fried to the United States for questioning, Bloomberg News reported on Tuesday, citing three people familiar with the matter.

By Lananh Nguyen NEW YORK (Reuters) – Global banking giants are starting a 12-week digital dollar pilot with the Federal Reserve Bank of New York, the participants announced on Tuesday.

By Kevin Buckland TOKYO (Reuters) – The U.S. dollar climbed versus the yen and stayed firm against other major peers on Tuesday as more Federal Reserve officials made the case for even tighter U.S. monetary policy.

NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Tuesday delayed a decision on whether to allow a spot bitcoin exchange-traded fund by stock-picker Cathie Wood’s Ark Invest and crypto investment product firm 21Shares US to list and trade on Cboe Global Markets until

(Reuters) – Michael Barr, the Federal Reserve’s top financial regulatory official, on Tuesday said he is concerned about risks from the nonbank sector, including cryptocurrencies, for which the U.S. central bank and other regulators have poor visibility.

By Huw Jones LONDON (Reuters) – Britain’s Financial Conduct Authority (FCA) on Tuesday called on lawmakers to show their support for its unpopular decision not to grant licences to scores of crypto exchanges like FTX, which has just collapsed.

(Reuters) – Founder of bankrupt cryptocurrency exchange FTX, Sam Bankman-Fried, is seeking commitments from investors to raise fresh cash, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

By Dietrich Knauth and Brendan Pierson (Reuters) – FTX Trading’s new CEO John J. Ray III, a lawyer tapped to lead the collapsed crypto exchange’s restructuring, previously oversaw the $23 billion bankruptcy of energy firm Enron Corp and has a reputation for boosting creditor recoveries.

By Lisa Pauline Mattackal and Medha Singh

(Reuters) – Financial regulators in the Bahamas on Monday appointed liquidators to run FTX’s unit in the country, just days after authorities said they were looking for any “criminal misconduct” by the collapsed crypto exchange.

TOKYO (Reuters) – The European Central Bank (ECB) will probably continue to raise interest rates beyond 2%, but “jumbo” rate hikes will not become a new habit, France’s central bank chief said in a speech in Tokyo on Tuesday.

(Reuters) – FTX founder and former Chief Executive Sam Bankman-Fried said he expanded his business too fast and failed to notice signs of trouble at the exchange, whose downfall sent shock waves through the crypto industry, the New York Times reported late on Monday.

By Vidya Ranganathan SINGAPORE (Reuters) – The fallout from the collapse of crypto exchange FTX kept bitcoin and other cryptocurrencies under pressure on Monday, with market participants worrying about heavy withdrawals at Singapore-based exchange Crypto.com.

(Reuters) – Michael Barr, the Federal Reserve’s top regulatory official, signaled on Monday that stiffer oversight of cryptocurrency is in the offing, after the collapse last week of crypto exchange FTX that sent shock wages through the industry.

LONDON (Reuters) – After major crypto exchange FTX filed for U.S. bankruptcy protection on Friday, the crypto industry is bracing for further fallout.