Crypto

Binance CEO Says Many Crypto Players ‘Get Distracted’ by Money
Changpeng Zhao said it’s important to focus on the technology.

Justice Department Announces Major International Crypto Enforcement Action
The department held a press conference at noon Eastern time on Wednesday.

Thailand SEC Issues Regulations for Crypto Custody Providers
The regulator says custodians should have a contingency plan if something goes wrong.

Crypto Speculation Has Had Its 'Comeuppance': Raghuram Rajan
But that shouldn’t disqualify blockchain technology. Regulators should steer clear of extreme measures, the former governor of India’s central bank told CoinDesk in Davos.

Crypto Developers Grew in Numbers Amid Bear Market, VC Firm Electric Capital Says
Developers are focusing on alternative ecosystems to Bitcoin and Ethereum, helping them grow faster, the VC firm said in a report.

Crypto Lender Nexo Sues Cayman Island's Regulator for Denied VASP Registration
Nexo has sued the Cayman Islands Monetary Authority to overturn its rejection of Nexo's application to register as a virtual asset services provider.

UK Court Sentences 4 Men to 15 Years for $26M Crypto Fraud
The offenders used the internet to obtain millions, Jonathan Kelleher of the Crown Prosecution Service said.

Bernstein Says Custody Services Are the Foundation for Institutional Crypto Adoption
The crypto custody revenue opportunity could grow to $8 billion by 2033, a report from the brokerage firm said.

China's Digital Yuan Used to Buy Securities for the First Time: Report
Last week, the country also added a function to its e-CNY payment app that allows users to make payments offline.


