Crypto
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Congressional Group ‘Disturbed’ by Crypto Mining Energy Usage
The six Democratic lawmakers found that seven large crypto miners consume enough energy to power all the households in Houston.…
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The Fall of Celsius Network: A Timeline of the Crypto Lender’s Descent Into Insolvency
A timeline of Celsius’ battle with insolvency during the crypto crash, from the firm’s decision to limit some user activity…
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Crypto VC Investments Drop 26% in First Half of 2022
Investments totaled $9.3 billion versus the $12.5 billion in last year’s period, but the number of deals increased. Venture capital…
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6 Ways Advisors Can Help Crypto Investors Avoid Large Losses
It’s not enough to manage volatility and market risk on behalf of clients. At the onset of a crypto winter,…
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Plaid Adds Crypto Account Veri From Binance.US, Kraken, Gemini to Open Banking Platform
Plaid plans to connect to a universe of crypto account providers, with Blockchain.com and BitGo being integrated later this year.…
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Policy Body Representing India’s Crypto EcoSystem Disbanded: Sources
The Blockchain and Crypto Assets Council was the only body representing the interests of India's crypto industry. The Blockchain and…
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Former Crypto Adviser Michael Barr Confirmed as Top US Financial Watchdog
The Senate approved the appointment of Barr, an ex-Ripple adviser who served in Obama’s Treasury Dept., as the Fed’s new…
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Ukraine Seizes Assets From OTC Crypto Brokers for Working With Russians
The Prosecutor General's office said it confiscated $1.7 million in fiat and almost a ton of silver. Ukrainian prosecutors said…
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California Is Investigating ‘Multiple’ Crypto Lending Companies
The state’s Department of Financial Protection and Innovation is looking at whether firms that have suspended customer withdrawals and transfers…
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Crypto Industry Portrayed ‘Illusion of Respectability’, Paul Krugman Says
In a New York Times article, the economist examined how the industry was able to market itself to respectable institutions…
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Policy Makers Should Get On With Regulating Crypto, BOE’s Cunliffe Says
The Bank of England’s deputy governor said regulators should accelerate crypto rulemaking, and if certain risks involving crypto can’t be…
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BitMEX Delays BMEX Listing Citing ‘Market Conditions’
The crypto exchange said trading will be rescheduled when the market improves. Crypto futures and spot exchange BitMEX has delayed…
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International Securities Regulator IOSCO to Focus on Küresel DeFi, Crypto Rules
In its first two years, küresel standard-setter IOSCO's new fintech task force will focus on setting up policy recommendations for…
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Küresel Financial Watchdog FSB to Propose Crypto Regulations in October
The Financial Stability Board said it will propose recommendations for stablecoin regulation and submit a report on recommended rules for…
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US Fed Vice Chair Brainard Doesn’t Like What She’s Seeing in Crypto
The Federal Reserve’s Lael Brainard argued aggressive regulation is needed for the sector before things get out of hand. One…
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XRP Leads Recovery Among Major Cryptocurrencies; Fed Policymakers Back 75 Basis Point Hike
Two policymakers backed higher rate increases to beat price pressures even if it meant slowing growth. Major cryptocurrencies recovered over…
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