Latest from Cheyenne Ligon
Custodia Bank Denied Federal Reserve System Membership
The Wyoming-based bank’s application for a master account is still pending.
White House Calls on Congress to ‘Step Up Its Efforts’ on Crypto Regulation
Officials in the Biden administration urged Congress on Friday to expand the authority of regulators to police the crypto industry.
Sen. Ted Cruz Wants Capitol Hill Vending Machines to Accept Crypto
If the Texas senator's resolution is passed, his congressional colleagues and Capitol Hill visitors will be able to buy some Pringles with bitcoin while burning the midnight oil.
CFTC Commissioner Kristin Johnson Urges Congress to Expand Agency’s Authority to Review Crypto Acquisitions
Johnson reiterated concerns that the old regulatory frameworks, like antitrust legislation, may not be enough to prevent the next crypto crisis.
South Korean Lawmakers Are Gearing Up to Regulate Crypto. What Could That Look Like?
The 300 members of South Korea’s National Assembly are currently considering 17 separate crypto-related proposals, from which they hope to shape the Digital Asset Basic Act.
Crypto Exchange Bithumb Owner’s Arrest Requested by South Korean Prosecutors: Report
Kang Jong-Hyun and his sister are under investigation for embezzlement related to tax evasion allegations against Bithumb.
Irish Central Bank Chief Calls for Ban on Crypto Advertising: Bloomberg
Gabriel Makhlouf said crypto has "no social value whatsoever" during a parliamentary session in Ireland on Wednesday.
Celsius Proposes Restructuring to Offer One-Time ‘Meaningful Recovery’ Payout for Most Creditors
The bankrupt firm is thinking of forming a new “recovery corporation” after getting a slew of acquisition bids that were not compelling.
Lawyers for Genesis and Its Creditors Are ‘Optimistic’ for a Quick Resolution to Bankruptcy Woes
Attorneys from all parties at Monday’s First Day hearing lauded “around-the-clock” efforts undertaken to resolve the brokerage’s disputes with its creditors.
Sullivan & Cromwell Gets Go-Ahead to Represent FTX in Bankruptcy Proceedings, Despite Controversy
James Bromley, a partner at Sullivan & Cromwell, said former CEO Sam Bankman-Fried has been stirring the pot by “lashing out” on Twitter.
