Cryptocurrency Analysis and News Portal
IOSCO, the global standards setter for securities markets regulation, began consulting on rules for the crypto sector in May covering issues such as market abuse, conflict of interest, client asset protection, disclosures and risks associated with crypto. Source
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Following the collapse of Terra Luna and FTX last year, the UK policymakers have committed to introducing a new regulatory regime for crypto assets and stablecoins to ensure sustainable and secure mainstream adoption. The United Kingdom policymakers have in the past year worked closely with different financial institutions and other stakeholders
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The recently published Tether report for Q3 2023 show that the company’s cash reserves are healthy and secured loans have been reduced. Tether Holdings Limited, the company responsible for the world’s largest stablecoin by market cap, USDT, has published its attestation for Q3 of 2023. According to Tether, the attestation re-affirms that Tether’s
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On Oct. 31, the Ethereum co-founder released an article highlighting the dimensions of connectedness to the blockchain network as being the security of withdrawing to Ethereum and security of reading Ethereum. Buterin also notes a trend in Layer 2 projects becoming more heterogeneous and how this raises the question of the
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The U.K. government published its final proposed rules for crypto and stablecoins on Monday. Source
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As FTX disgraced founder Sam Bankman-Fried steps to defend himself in the court on Thursday, here’s what has transpired ever since the FTX bankruptcy. Sam Bankman-Fried will testify in defense of his actions leading up to the collapse of FTX and his entire digital asset empire. His legal team confirmed
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Crypto exchange dYdX has published the open source code for its new Cosmos-based network of the same name, according to an October 23 blog post. The new code includes the “protocol, order book, front-end, and more,” the post stated. The publication of the code is intended to pave the way
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According to the Binance report, the crypto market saw declines across the board in Q3, as fundraising and developer activities tanked. Binance has called the third quarter of 2023 “a challenging quarter” for crypto. In its Q3 “Market Pulse” report, Binance highlighted a few drawbacks the crypto industry faced, adding insights
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The Autorité de contrôle prudentiel et de résolution (ACPR) published some guidelines on DeFi regulatory framework based on a public consultation. The regulator conducted a series of interviews and assessments with a significant player from the crypto ecosystem to understand the current situation surrounding the defi market. In April 2023, the ACPR
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The European Securities and Markets Authority (ESMA), the European Union’s markets regulator, released a second consultative paper on Markets in Crypto-Assets (MiCA) mandates on Oct. 5. In the 307-page document, the ESMA seeks stakeholders’ input on five areas of MiCA, including sustainability indicators for distributed ledgers, disclosures of inside information, technical
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