Regulatory News
DeFi regulation: it’s not a matter of if, but when
The push to regulate DeFi is stronger than ever, and the sector would be wise not to fight but participate in that inevitability, writes Michael Shing of XREX.
Michael Shing
Lens
U.S.
-
-
Regulation
Sam Bankman-Fried ‘not sure’ if he will testify before Congress on Dec. 13
Sam Bankman-Fried, founder and former chief executive officer of failed cryptocurrency exchange FTX, tweeted on Monday morning Hong Kong time that he may not testify before the U.S. Congress on Dec. 13.
Timmy Shen
-
Market Analysis
U.S., S. Korea applied for over 75% of world’s metaverse patents: report
Companies based in the U.S. and South Korea have filed for more than 75% of patent applications related to the metaverse, VR and AR.
Danny Park
-
Regulation
New York State passes two-year moratorium on some crypto mining facilities
New York became the first U.S. state to enact a temporary ban on new cryptocurrency mining permits at fossil fuel plants, despite lobbying against the measure.
Dylan Butts
-
Crypto Trading and Strategies
FTX US warns user trading could be halted ‘in a few days’
Sam Bankman-Fried says FTX US is insulated from FTX.com's liquidity crunch, but the American-based platform could freeze trading in the next few days.
Dylan Butts
-
Regulation
California financial regulator launches probe into FTX
The state of California has launched an investigation into the 'apparent failure' of crypto asset platform FTX.
Danny Park
-
Bitcoin News
Bitcoin miner Riot Blockchain’s stock drops amid widening Q3 losses
Stocks of Nasdaq-listed Riot fell 4.87% in pre-market trading on Tuesday, after U.S. Bitcoin miner Riot Blockchain on Monday reported weaker revenues in the third quarter of this year.
Timmy Shen
-
Regulation
U.S. midterms: gridlock… and progress on crypto industry regulation?
In a period of toxic divide between the Democrats and Republicans, the need to figure out how to regulate the growing cryptocurrency industry is one of the few issues both parties seem to agree on.
Lachlan Keller
-
Bitcoin News
US alleges Chinese spies used Bitcoin to bribe law enforcement officer
Two Chinese intelligence officers allegedly paid a double agent to help steal files related to a federal investigation into a China-based global telecom firm, reported to be Huawei.
Timmy Shen
-
Regulation
New IRS tax language tweaked to include NFTs
The IRS updated its annual income tax instructions in a Monday draft that does away with the taxable category "virtual currency" and replaces it with the term "digital assets," which explicitly includes NFTs.
Dylan Butts
