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Called option D, it would see pETH price speculators and yield farmers who did not deposit into Curve via JPEG’d in-house service, called Citadel, get most of their money back, but not all. That’s in contrast to paying customers: pETH minters who paid a small fee to earn interest in
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The United States Federal Reserve is broadening the scope of its supervision program which oversees U.S. banks that engage with the cryptocurrency and blockchain industry. An Aug. 8 announcement by the Federal Reserve Board established the Novel Activities Supervision Program which aims to limit certain crypto-related activities and facilitate a
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Heartland Tri-State Bank is bankrupt but the Federal Deposit Insurance Corporation (FDIC) has already stepped in to protect customer interests, reports on July 29 show. This bankruptcy marks another bank failure in weeks following the collapse of First
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The United States state of Wyoming is beginning its work on its stablecoin, officially called the “stable token” project, by opening a job position for the head of the stable token commission. The executive will lead a team responsible for making a proper legislative framework for the project. The position was
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In May 2023, the European Union signed its landmark Markets in Crypto-Assets legislation into law. Crypto businesses operating in the EU now have a fixed timeline to comply with MiCA’s wide-ranging guidance and regulations, which address everything from defining a crypto asset to establishing reserve requirements for stablecoins. While MiCA
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bangladesh has made an official request to join the BRICS coalition, as reported by the Dhaka Tribune. This request was made after a meeting between prime minister Sheikh Hasina and the South African president Cyril Ramaphosa
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Binance head of regional markets outside the US Richard Teng is rumored to be the chosen successor if CEO Zhao relinquishes his position. Reports about a Binance CEO successor are starting to fill the grapevine following the crypto exchange’s regulatory problems. Although there is no official word from Binance or current
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Casey Rodarmor, the person behind bitcoin ordinals, reveals he will step aside from his role, with the platform reaching a milestone of over 10 million user registrations. Casey Rodarmor, the brain behind bitcoin ordinals, took to Twitter
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The United States securities regulator is holding off from ratifying the definition of the term “digital assets” in rules that govern reporting disclosures for hedge and private equity funds, despite proposing to do so some nine months ago.On May 3 the Securities and Exchange Commission (SEC) published amendments to Form
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According to U.S. Treasury Secretary Janet Yellen, the United States government is prepared to take the steps necessary to ensure its financial system remains the world’s strongest and safest. Yellen said that the U.S. government will not hesitate to punish Chinese companies that violate its Russian sanctions policy. U.S. Ready
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