Sam Bankman-Fried, co-founder and chief executive officer of FTX, in Hong Kong, China, on Tuesday, May 11, 2021. Lam Yik/Bloomberg via Getty Images hide caption toggle caption Lam Yik/Bloomberg via Getty Images Sam Bankman-Fried, co-founder and chief executive officer of FTX, in Hong Kong, China, on Tuesday, May 11, 2021....
Global regulators and investors are closely monitoring the ongoing collapse of the cryptocurrency market. In the meantime, CFTC’s Commissioner Christy Goldsmith Romero in an event mentioned that the Government needs to close in the space over digital asset regulations. More clarity needed over crypto regulations Speaking at an Axios event,...
Text size Coinbase is offering a “Nano” Bitcoin futures contract with a price sized at 1/100th of a Bitcoin, the equivalent of about $210 on Friday morning. Dreamstime Coinbase Global says it will launch a Bitcoin derivative on Monday. Investors in the stock shouldn’t expect a windfall, even though such...
For a while now, PayPal has allowed users to “buy and sell” select cryptocurrencies within the online payment platform. However, in June 2022, the company announced that users can now transfer their cryptocurrencies purchased on PayPal to other digital wallets—including their own non-PayPal Wallets. So, what does that mean for...
Text size Bitcoin and other cryptocurrencies rise Thursday. OZAN KOSE/AFP/Getty Images Bitcoin and other cryptocurrencies were rising Thursday as investors absorbed testimony from Federal Reserve Chairman Jerome Powell that a U.S. recession was a possibility. Bitcoin, the oldest and largest digital coin, added around 1.1% to $20,675, according to CoinDesk....
Securities and Exchange Commission Chairman Gary Gensler said Monday that bitcoin BTCUSD, -2.92% was the only cryptocurrency he was prepared to publicly label a commodity, rather than a security, in an interview with CNBC. The debate over whether any particular cryptocurrency can be labeled a commodity rather than a security...
Cryptocurrency prices, which were soaring at the end of 2021, have plummeted into a so-called “crypto winter.” But could this chilly period for cryptocurrencies help cool the climate as well? When Bitcoin prices fell below $20,000 this month, its energy use fell as well. “Part of what it means is...
In the U.S., the regulatory supervision of crypto assets and crypto assets providers is far from a settled matter. The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) share most of the responsibilities when it comes to authorizing the activities of crypto companies or the launch...
The French markets regulator is facing a backlash over its decision to approve crypto exchange Binance last month, with one European lawmaker describing the agency’s decision as “incomprehensible”. Aurore Lalucq, French MEP and member of the European parliament’s Committee on Economic and Monetary Affairs, has urged the Autorité des Marchés...
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Even as the digital asset industry continues to reel in from the devastating effects of the ongoing bear market, the adoption of crypto-centric technologies has continued to forge...
