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Weekly overview

Republican lawmaker claims SEC chair was coordinating with FTX ‘to obtain regulatory monopoly’

  • Post author:admin
  • Post published:November 11, 2022
  • Post category:Weekly overview

Minnesota Representative Tom Emmer did not provide any evidence to his claim that Gary Gensler was “helping SBF and FTX work on legal loopholes” but said he was looking into…

Continue ReadingRepublican lawmaker claims SEC chair was coordinating with FTX ‘to obtain regulatory monopoly’

‘Thank God’ El Salvador doesn’t have any Bitcoin on FTX, CZ clarifies

  • Post author:admin
  • Post published:November 11, 2022
  • Post category:Weekly overview

The Binance CEO added that the amount of misinformation going around now is “insane.” False information spreading online suggested that the president of El Salvador, Nayib Bukele, was seeking the…

Continue Reading‘Thank God’ El Salvador doesn’t have any Bitcoin on FTX, CZ clarifies

The Clearing House stands up for bank rights, opposes CBDC in comments for US Treasury

  • Post author:admin
  • Post published:November 11, 2022
  • Post category:Weekly overview

The payments operator responded to a Treasury inquiry related to the presidential executive order with an appeal to keep bank interests in sight when designing digital assets. United States payment…

Continue ReadingThe Clearing House stands up for bank rights, opposes CBDC in comments for US Treasury

US lawmaker warns of ‘major consequences’ for users of unregulated crypto firms, citing FTX

  • Post author:admin
  • Post published:November 11, 2022
  • Post category:Weekly overview

“FTX’s FTT tokens are now worthless, and even worse, FTX.com customers are completely unable to access their funds,” said Maxine Waters. Maxine Waters, chair of the United States House of…

Continue ReadingUS lawmaker warns of ‘major consequences’ for users of unregulated crypto firms, citing FTX

Japan’s financial regulator requests FTX Japan halt operations

  • Post author:admin
  • Post published:November 11, 2022
  • Post category:Weekly overview

Under the orders, FTX Japan will be required to suspend OTC derivatives transactions and related margins as well as new deposits from Nov. 10 to Dec. 9 unless the FSA…

Continue ReadingJapan’s financial regulator requests FTX Japan halt operations

Breaking: FTX partially resumes withdrawals, blockchain data shows

  • Post author:admin
  • Post published:November 11, 2022
  • Post category:Weekly overview

Transactions are leaving the FTX hot wallet at a rate in the single digits per minute. According to data from Etherscan on Nov. 10, troubled cryptocurrency exchange FTX appears to…

Continue ReadingBreaking: FTX partially resumes withdrawals, blockchain data shows

Bitcoin price gains $1K in minutes as CPI data deals DXY fresh 2% dip

  • Post author:admin
  • Post published:November 11, 2022
  • Post category:Weekly overview

Wild volatility continues for Bitcoin and altcoins as the lowest CPI readout since January pummels the dollar. Bitcoin (BTC) surged $1,000 in five minutes before the Nov. 10 Wall Street…

Continue ReadingBitcoin price gains $1K in minutes as CPI data deals DXY fresh 2% dip
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