Regulations


Policy

New York Banks Must Seek Advance Permission for Crypto Activity, Regulator Says

New guidance from the state Department of Financial Services sets a 90-day advance notice period

New York City (Alexander Spatari/Getty Images)

Policy

Incoming FCA Chair Calls Crypto Firms Like FTX 'Deliberately Evasive'

Ashley Alder, who is currently the CEO of Hong Kong’s Securities and Futures Commission, will be commencing his role with the Financial Conduct Authority on Feb. 20, he told the Treasury Committee.

Ashley Alder will become chair of the U.K.'s FCA next year. (H.K. Securities and Futures Commission)

Policy

After Sam Bankman-Fried's Arrest, the FTX Show Goes On

Sam Bankman-Fried was arrested, Congress is holding multiple hearings and FTX’s bankruptcy case continues to work its way through court.

U.S. Attorney Damian Williams announcing the Department of Justice's charges against Sam Bankman-Fried (Stephanie Keith/Getty Images)

Policy

FTX Hearing in US Senate Reveals Congress Doesn’t Have Immediate Answers

As the crypto industry’s epic disaster continues to unfold with a criminal case and regulatory actions, U.S. senators didn’t find any clear path during a Wednesday hearing.

Sen. Sherrod Brown, chairman of the Senate Banking Committee (Drew Angerer/Getty Images)

Policy

FTX Bankruptcy Court Is Warned Against Granting Bahamas 'Dangerous' IT Access

Testimony from new boss John Ray has proven inflammatory in the Bahamas, where parallel proceedings are also attempting to wind up the crypto exchange.

FTX CEO John Ray III (Nathan Howard/Getty Images)

Policy

Celsius Seeks $7.7M From Voyager's Estate as Bankruptcy Cases Intertwine

Celsius previously missed an apparent deadline to make a claim based on its relationship with fellow crypto lender Voyager.

(RyersonClark/Getty Images)

Policy

Brazil Central Bank Plans to Launch a CBDC in 2024

The central bank sees a digital currency as a way of increasing participation in the financial system.

Brazil (Agustin Diaz Gargiulo / Unsplash)

Policy

FTX CEO Warned Not to ‘Obstruct’ Bahamas Probe as He Gives Testimony

The Securities Commission said John J. Ray III had a "questionable agenda" as a row over bankruptcy proceedings deepens.

FTX CEO John J. Ray III (C-Span)

Finance

With Founder Facing Charges, New CEO Says FTX Embezzled Customer Cash

Sam Bankman-Fried is now a criminal defendant, and CEO John Ray III told lawmakers FTX embezzled customer funds "right in front of their eyes."

FTX CEO John Ray III testifies in the U.S. House Financial Services Committee about the company's collapse. (U.S. House Financial Services Committee)