Global Standard Setters Will Team Up to Tackle DeFi Regulation: FSB
Decentralized finance “does not differ substantially” from traditional finance in its functions or vulnerabilities, according to the Financial Stability Board. Source
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ISDA releases standard definitions for digital asset derivatives
The International Swaps and Derivatives Association (ISDA) is working on two papers to address fundamental legal risks in the crypto markets, such as the insolvency of crypto exchange firms, according to a statement released on Jan. 26. The initiative was motivated by the collapse of crypto exchange FTX and previous bankruptcy
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Ripple CEO Brad Garlinghouse Criticizes ‘Double Standard’ in Wells Fargo Fine Case Compared to FTX Crash
The CEO of Ripple recently suggested that Wells Fargo did not receive the ‘FTX treatment’ despite exploiting its customers. Ripple CEO Brad Garlinghouse recently likened the recent Wells Fargo fund management fiasco to the collapse of FTX. However, Garlinghouse disapproved of what he perceived as a hypocritical reaction to Wells Fargo’s case. According to the Ripple CEO, the
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Standard Chartered forecasts ‘surprise’ Bitcoin downside after FTX collapse
The value of Bitcoin (BTC) is being touted to drop as low as $5,000 in 2023 according to Standard’s Chartered global research head and chief strategist.As initially reported by Bloomberg, a note to investors published on Dec. 4 from the multinational bank’s chief strategist Eric Robertsen weighed up a potential
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Standard Chartered Invests in JPM and DBS-Backed Blockchain Payment Network Partior
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a
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Solana-Based NFT Marketplace Exchange.Art Creates Royalties Protection Standard
Alex Fleseriu, CEO of Exchange Art, told CoinDesk that because the platform was originally built for artists “exploited” by the lack of set royalties in the fine art world, it remains motivated to help artists more fairly earn their share in Web3. Source
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The Coorest Carbon Standard Now Officially Certified – Press release Bitcoin News
press release PRESS RELEASE. Coorest, a Polygon-native project, is the first blockchain project to have a certified standard for carbon compensation entirely on-chain — allowing anyone with an internet connection to compensate for their carbon footprint, thereby demonstrating that the newly certified Coorest Carbon Standard (CCS) is an excellent alternative
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Working Group to Develop Efficiency Standard for Crypto Mining in Russia – Mining Bitcoin News
Crypto industry experts have formed a working group to draft a standard for energy-efficient and profitable cryptocurrency mining in Russia. The rules will aim to help developers and data center operators offer investors increased hardware uptime. Russia Prepares to Improve Efficiency of Mining Facilities in 2023 A group of crypto specialists have
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Blockchain Startup Diamond Standard Raises $30M to Fund Expansion
Diamond Standard, which is licensed in Bermuda to issue, sell and redeem tokens and digital assets, provides both retail and institutional investors with a diamond-backed digital currency. The physical coins, which are stored in a vault, hold eight to nine standardized diamonds. The diamond-embedded tokens are digitized through an Ethereum-based
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Solana-based Projects Team Up to Make Cross-Chain Messaging Standard
Notifi Network, Bonfida and Only1 are among the 19 projects behind the "Open Chat Alliance" that's pushing for streamlined messaging standards in crypto. Source
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