Markets
Sam Bankman-Fried Counters DOJ Witnesses in Trial
Sam Bankman-Fried's legal team is preparing to present an expert witness to counter the testimony provided by former Alameda Research CEO Caroline EllisonBarry StidhamBlockFi Emerges from Bankruptcy, Resumes Wallet Withdrawals
Crypto lending platform BlockFi has successfully emerged from bankruptcy and is now in the process of repaying some creditors.Christopher SmithStablecoin Market Evades US Regulatory Gaze, Finds Chainalysi
The oversight of the stablecoin market by the U.S. government appears to be diminishing, according to a recent report from the blockchain researchMartha GrizzardARK Sells Grayscale Bitcoin Trust Shares Amid BTC Surge to $34K
Cathie Wood's investment firm, ARK, has sold 100,739 shares of the Grayscale Bitcoin Trust (GBTC) worth $2.5 million from its ARK Next GenerationWayne IngramCalifornia Mulls $1K Daily Limit on Crypto ATM Withdrawals to Thwart Scams
California legislators have proposed a new bill named "Digital Financial Asset Trading Kiosks" with measures to address the proliferation of scams involvingMartha GrizzardGlobal Regulators Tighten Grip on Crypto Markets
Several significant local and international financial regulators concurrently developed new decentralised assets standards last week.Wayne IngramNym Launches $300M Fund for Web3 Privacy Services
Nym Technologies, a blockchain privacy company, has introduced a $300 million financing initiative known as the Nym Innovation Fund.Craig GreenInvestors Flock to Crypto Products: 4th Week of Inflows in Bitcoin ETF Race
Cryptocurrency investment products have been experiencing four consecutive weeks of inflows,Jerry McNeillBitcoin Surges Beyond $34K Amid Escalating ETF Excitement
Bitcoin (BTC) appears to be welcoming the arrival of "Uptober," surging past the $34,000 mark for the first time since May 2021.Sherry CantwellBinance France Director's Exit Adds to Wave of Departures from Crypto Giant
Stéphanie Cabossioras, who served as the executive director of Binance France, has recently resigned from her role,Cornell RachelUS OCC Hosts Discussion on Real-World Asset Tokenization
The Office of the Comptroller of the Currency (OCC), an independent agency under the U.S. Department of the Treasury responsibleWayne IngramCoinbase's European Crypto Hub: Ireland's Winning Choice
Coinbase, a prominent U.S.-based cryptocurrency exchange, is focusing on bolstering its presence in Europe and has chosen IrelandHallie GillGreece Sets Up AI Advisory Committee for National Strategy
Greek Prime Minister Kryiakos Mitsotakis revealed on October 19 the formation of an advisory committee taskedJames DeanHong Kong Regulator Enhances Crypto Policies Due to Market Changes
The Hong Kong Securities and Futures Commission (SFC) has announced its plans to revise and update its policiesCraig GreenSEC Secures Victory: Default Judgment Against Thor Technologies and Founder
In an ongoing dispute with the U.S. Securities and Exchange Commission (SEC) concerning the unauthorized sale of $2.6 millionMartha GrizzardEBA and ESMA Release Crypto Entity Suitability Guidelines
On October 20, the European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) issued a joint consultation paper that comprises two key drafts.Jerry McNeillEU Regulators Call for Anonymity in Small Digital Euro Transactions
On October 18, the European Data Protection Board and the European Data Protection Supervisory Authority issued a joint statement regarding the regulation of the digital euro,Sherry CantwellBinance's Q3 Report: Navigating the 'Challenging' Crypto Market
Binance's Q3 Market Pulse report highlights the challenges that cryptocurrencies faced in the past quarter.Martha GrizzardLightning Labs Unleashes Taproot Assets Alpha: Stablecoins Join Bitcoin
Lightning Labs, a Bitcoin second-layer infrastructure company, has introduced the mainnet alpha version of Taproot Assets,Barry StidhamElon Musk's $1 Signup Fee for New X Users in NZ & Philippines
X (formerly Twitter) is currently conducting a trial in New Zealand and the Philippines, where new users are required to choose between several optionsMartha Grizzard
