Basel Committee Endorses Global Crypto Banking Rules to Be Implemented by 2025
The rules suggested that a banks exposure to certain crypto assets must not exceed 2% and should generally be lower than 1%.
Read MoreCrypto Trading Firm Amber Group Raises $300M Series C After FTX Contagion
The collapse of FTX had impacted some of the trading firm’s products and customers, increasing the need to quickly raise additional capital.
Read MoreCrypto Exchange Gemini Back Online After Being Down for Over Seven Hours
The crypto exchange had paused withdrawals for its yield product recently.
Read MoreEU Rules for Distributed Ledger Financial Trading Finalized Ahead of March Pilot
Requirements to test people’s knowledge of distributed technology could deter the average retail investor, some worry.
Read MoreBinance Proof-of-Reserves Auditor Mazars Pauses All Work for Crypto Clients
Mazars other clients included Crypto.com and KuCoin.
Read MoreBitcoin Few Weeks Away From Its First Weekly Chart ‘Death Cross’
Bitcoin has never seen a death cross on its weekly chart before and the ominous-sounding indicator has a bad reputation of trapping sellers on the wrong side in traditional markets.
Read MoreThree Arrows Capital Estimated Its Assets at Around $1B in July: Report
Bankrupt crypto hedge fund Three Arrows Capital (3AC) estimated its assets to be worth around $1 billion in July, according to a report by The Block, citing a document prepared
Read MoreBitcoin, Ether Slip as Audit Firm Mazars Pauses Work for Crypto Clients, S&P Futures Drop
Bitcoin outperformed ether and BNB as Mazar’s decision to suspend crypto audit work and Binance fears weighed over the crypto market.
Read MoreFirst Mover Americas: Crypto Auditing Hits Snag
The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 16, 2022. First Mover is CoinDeskâs daily newsletter that contextualizes the latest actions in the crypto
Read MoreDeFi Can Exacerbate Volatility Without Even Avoiding Middlemen, BIS Reports Say
The group of central banks continues its pessimism, as crypto innovations seek to make financial markets more efficient.
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