XRP Community And Cardano Founder Engage In Heated Clash
The XRP community and Charles Hoskinson, the founder of Cardano, are currently in the cryptocurrency spotlight as both parties have been involved
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Clash
FTX debtors and UCC clash over asset control in restructuring
FTX debtors led by chief restructuring officer John J. Ray III have expressed disapproval of traders and market makers within the Official Committee of Unsecured Creditors (UCC) who are aiming to gain authority over assets. They believe the UCC’s plan to invest nearly $2.6 billion in cash reserves in short-term
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Mark Cuban, John Reed Stark clash over the cause of FTX’s collapse
Billionaire entrepreneur Mark Cuban has again locked horns with former securities chief John Reed Stark, this time over who was ultimately to blame for FTX’s collapse and the impact on creditors. During a heated back-and-forth exchange, Cuban argued had the United States Securities and Exchange Commission set “clear regulations,” no
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Lawmakers Clash Over UK Gov Plans to Regulate Crypto as Financial Services
“The APPG supports the position of HM Treasury that cryptocurrency and digital assets are best regulated, in so far as is possible and appropriate, within existing and new financial services regulations, which has a track record in mitigating risks to consumers and investors,” the report said. Original Source
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Senators Elizabeth Warren and Roger Marshall’s Anti-Money-Laundering Bill Signals Crypto Is Headed for a Clash With National Security Interests
But in a world where the blockchain transactions are truly untraceable, the significant anti-money laundering (AML) rules and regulations built up since the 1970s, and the expanded anti-terrorist financing (CFT, or countering the financing of terrorism) processes put in place since the 2000s, may become toothless. The status quo among
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First Mover Asia: SBF Talks Consumer Protection and Crypto Titans Clash
Consumer protection and regulation are key ingredients to transforming digital assets into an asset class worth trillions. The FTX exchange's Sam Bankman-Fried weighs in. Meanwhile, FTX's FTT token takes a dive after rival Binance announces plans to dump its remaining holdings. Original Source
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US Government Amps Up Inevitable Clash With Crypto Privacy in Tornado Cash Blacklisting
Step by step, bank overseers have widened their enforcement territory to include digital assets. In one sense, crypto was their dream financial system, with the path of most transactions auditable on a public ledger, albeit with the identities of senders and receivers hidden behind alphanumeric addresses that looked like they’d
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Voyager’s Clash With US Regulators Followed by Broader FDIC Warning
“FDIC insurance does not protect a nonbank’s customers against the default, insolvency, or bankruptcy of any nonbank entity, including crypto custodians, exchanges, brokers, wallet providers, or other entities that appear to mimic banks but are not,” the agency instructed. Source
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Experts clash on where virtual reality sits in the Metaverse
Virtual reality (VR) will eventually have a place within the Metaverse, but not for the foreseeable future given its slow adoption rates, according to experts.There isn’t much that can rival the experience of having one’s senses almost immersed in a virtual world — which is why many believe that the
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Competing narratives around crypto clash on the Earth Day, April 19-26
Regulation by enforcement, a fast and economical substitute for thorough rulemaking, is widely regarded as some of the U.S. executive agencies’ preeminent approach to crypto regulation. It could be summed up as letting crypto firms explore the boundaries of what is permissible by themselves and then punishing industry participants in
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