Do bitcoin developers have a fiduciary duty to bitcoin owners? A company managed by the infamous Craig Wright claimed so. The main claim boiled down
UK crypto hub plans; criticism on EU KYC plans; Binance not subject to US fed. securities laws, says court; and UK court finds no fiduciary
After the DeFi reports from the OECD and the Financial Stability Board earlier this year, there’s a new kid in town: IOSCO’s DeFi report. IOSCO
DeFi copies TradFi risks, says IOSCO; next EU battle = KYC; more trouble for interest-bearing crypto products in US; Dubai gets crypto.com hub; de-banking lawsuit
Russia U-turn on crypto? EU MiCA close to fast-track, India nears crypto tax vote, OECD releases crypto tax consultation, are DAOs an existential threat to
EU Parliamentary committee votes on MiCA draft; UK FCA warns Bitcoin ATMs; Ukraine adopts Virtual Assets Bill; Israeli banks cannot flatly refuse crypto clients; Guernsey
Do bitcoin developers have a fiduciary duty to bitcoin owners? A company managed by the infamous Craig Wright claimed so. The main claim boiled down
UK crypto hub plans; criticism on EU KYC plans; Binance not subject to US fed. securities laws, says court; and UK court finds no fiduciary
After the DeFi reports from the OECD and the Financial Stability Board earlier this year, there’s a new kid in town: IOSCO’s DeFi report. IOSCO
DeFi copies TradFi risks, says IOSCO; next EU battle = KYC; more trouble for interest-bearing crypto products in US; Dubai gets crypto.com hub; de-banking lawsuit
Russia U-turn on crypto? EU MiCA close to fast-track, India nears crypto tax vote, OECD releases crypto tax consultation, are DAOs an existential threat to
EU Parliamentary committee votes on MiCA draft; UK FCA warns Bitcoin ATMs; Ukraine adopts Virtual Assets Bill; Israeli banks cannot flatly refuse crypto clients; Guernsey
The bank, despite showing interest in Bitcoin recently, is still warning its clients against investing in crypto assets. In brief Goldman Sachs has shown more
Decentralized finance differs from traditional banks because there is no centralized system. It can be risky. Dogecoin and NFTs have captured the public’s imagination, but
The Bank of Japan governor said the top cryptocurrency is far too volatile, isn’t used as a settlement layer, and is backed by nothing. In
Crypto volatility is an emerging vulnerability to Canada’s financial system, while stablecoins pose risks for the country’s monetary system, the Bank of Canada said. Read
Senator Jane Hume also said cryptocurrencies are “an asset class that will grow in importance.” An Australian federal minister says the government has no objection
The steep sell-off in cryptocurrencies including Bitcoin does not pose broader risks to the financial system, two Federal Reserve policymakers saidon Wednesday. “By itself I
Crypto assets shouldn’t be seen as a “real investment” because their underlying value is hard to discern, and market participants should brace for more price
Crypto’s weak fundamentals mean investors should be prepared for yet more price swings, the bank’s vice president said. Crypto assets shouldn’t be seen as a
