Regulations
Crypto Firm SafeMoon Files for Chapter 7 Bankruptcy, SFM Plunges 42%
The firm's executives were arrested last month on multiple charges.
Financial Regulators Reiterate Call for Legislation to Address Crypto Risks
The Financial Stability Oversight Council met Thursday, releasing a report detailing all of its concerns from the past year.
Global Banking Regulator Wants Tougher Criteria for Giving Stablecoins Preferential Risk Treatment
The Basel Committee for Banking Supervision wants to tighten requirements that allow stablecoins to qualify as less risky than unbacked cryptocurrencies like bitcoin.
In Search of the Elusive Crypto Voter
Next year will see a presidential election. What's crypto's role?
FTX Bankruptcy Judge Takes Step to Shorten Timeline for Customers' Recoveries
FTX victims are closer to getting their money back from the exchange after a federal judge put an end to a time-consuming dispute that has halted the exchange's bankruptcy case.
CFTC Pushes FTX-Inspired Rule to Protect Customers' Money
Commissioners took a step toward requiring derivatives clearing organizations, a key type of middleman in the industry, to keep their customers' money segregated from their own funds.
Anonymous Crypto Interests Bombard Key Senator Sherrod Brown With Political Ads
New crypto advocacy group Cedar Innovation Foundation is running digital ads in Brown's Ohio to persuade him to buck SEC Chair Gary Gensler, but Cedar won't say who's behind it.
U.S. CFTC Approves Bitcoin Futures Platform Bitnomial's Derivatives Clearing Application
The commissioners discussed issues like conflict of interest before ultimately voting in favor of the margined bitcoin futures company.
FASB Confirms 'Fair Value' Approach for Corporate Crypto Holdings
The new rules by the U.S. accounting standards setter would go into effect in December 2024.
S&P Faults Biggest Stablecoin, Tether's USDT, as It Debuts New Industry Ranking
USDT was assigned a low score of four, meaning the largest stablecoin is constrained in its ability to maintain its peg to fiat, the rating agency says.
