Digital assets are here to stay, Bahamas prime minister says
Bahamian Prime Minister Philip Davis said the island nation will continue to be a pioneer in the digital asset space.
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FTX collapse helped the evolution of crypto regulation, says Bahamas securities regulator
FTX’s collapse and the crypto winter helped regulators familiarize themselves with the rapidly evolving crypto industry, said Christina Rolle of the Bahamas Securities Commission.
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Sam Bankman-Fried planned to raise money from Saudi crown prince, Ellison testifies
Caroline Ellison details how Sam Bankman-Fried planned to raise capital from Saudi Crown Prince Mohammed Bin Salman as FTX struggled to repay lenders.
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ESMA says DeFi can bring greater financial inclusion, but warns of volatility risks
The regulator said that DeFi doesn’t pose a risk to financial stability, due to its small size, but said it needs to be monitored in the future.
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Ethereum NFT production falls to all-time low in September
NFT production on Ethereum fell to an all-time low in September, as the floor prices of blue-chip NFT collections continued their decline.
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BlackRock shares go digital on JPMorgan’s Onyx blockchain
JPMorgan’s Onyx blockchain showcased near-instant collateral transfer in BlockRock’s tokenized share transaction with Barclays.
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Philippines Coins.ph partners with Circle for USDC remittances
Coins.ph joins forces with Circle to introduce USDC remittances, targeting a more efficient and affordable money transfer solution for millions of Filipinos abroad, supporting the UN’s goal of trimming remittance costs by 2023.
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Malaysia grants Hata in-principle approval to operate digital asset exchange
The Malaysian Securities Commission has given crypto firm, Hata, a conditional approval to operate a “digital asset exchange” with a “digital broker” license.
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Brazilian congressional committee calls for Binance CEO Zhao’s indictment
The congressional committee accused Changpeng Zhao and three other executives, along with 45 individuals, of running a financial pyramid scheme in the country.
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UK committee calls for tighter NFT copyright and fan token measures
The committee said fraudulent non-fungible token advertising could harm both NFT artists and investors.