The new chair of the UK’s FCA makes condemnatory comments about cryptocurrencies ahead of his tenure in 2023.

The new chair of the UK’s FCA makes condemnatory comments about cryptocurrencies ahead of his tenure in 2023.
The CEO of Bitgo stated that the Alameda representative failed the security verification process required to convert wrapped-BTC into BTC.
Court filings show Ryan Salame tipped off the Bahaman securities regulator, telling them that FTX was sending customer funds to Alameda Research.
Tom Emmer is considering reintroducing a bill that removes the requirement for entities to be registered as money transmitters if they don’t handle customer assets.
Bahamian Commissioner of Correctional Services Doan Cleare reportedly said that most of the facilities had been renovated since 2021 and now had no “issues with rodents."
The Organisation for Economic Cooperation and Development found regulation and retail consumer protections lacking in a highly complex trading environment.
A US Senate committee heard details of the investor's conversations with Sam Bankman Fried before the collapse.
"Short of enacting draconian authoritarian policies, cryptocurrency cannot be stopped," said Senator Pat T
Users are interested in knowing the identities of developers behind the games they play. And soon, lawmakers are likely to write such disclosures into law.
The senators have created a harsh, sweeping bill to clean up crypto’s AML/KYC act that will benefit from further discussion in the next Congress.
CFTC court filing outlines a murky relationship between FTX and Alameda Research, highlighting the latter’s unfair trading advantage and misappropriation of user funds.
While Congressman Brad Sherman saw SBF as the poster child of the crypto ecosystem, congressman Tom Emmer highlighted the crypto community's contribution to uncovering the supposed FTX fraud.
Bahamian regulators said that they were the first to take action against SBF, and recent actions of the current CEO hindered their investigation.
A White House spokesperson dodged point-blank questioning on whether President Joe Biden is planning to return the political donations from SBF.
The consultation paper will give an insight into how certain crypto assets should be regulated alongside frameworks for company licensing, asset custody and consumer protections under token mapping.
Damian Williams called on individuals who may have been involved in alleged illegal actions at FTX and Alameda to “come see us before we come see you,” hinting at future arrests.
The indictment from the Southern District of New York names only Sam Bankman-Fried, but contains allegations of illegal activities by “individuals known and unknown” as well.
Some members of the U.S. House of Representatives questioned whether Sam Bankman-Fried’s actions at FTX and Alameda may have been willful or due to gross incompetence.
Crypto-friendly cities throughout the world report growth and innovation despite recent events.
According to the federal regulator, SBF and FTX companies "used FTX customer funds for a variety of personal expenditures" including real estate and private jets.
