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Report: US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions Apply

March 16, 2023 admin American Banks, anti-crypto, Auction, auctioning banks, bailout plan, bank failures, bank shutdowns, Banking Industry, Barney Frank, bidders, Bids, Chartered Bank, controversy, crypto businesses, Cryptocurrency, depositors, FDIC, Finance, Financial Institutions, Financial News, New York State Department of Financial Services, News, Piper Sandler Companies, potential buyers, private equity companies, Regulations, regulations vs innovation, restrictions, Reuters, Signature Bank, Silicon Valley Bank, sources, strict rules, traditional lenders, unidentified sources, US economy, US government

The U.S. government and the Federal Deposit Insurance Corporation (FDIC) are auctioning off two failed American financial institutions, Silicon Valley

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Binance Processed $346 Million for Crypto Exchange Bitzlato, Report Claims

January 26, 2023 admin Binance, Bitcoin, Bitzlato, BTC, Crypto, Cryptocurrencies, Cryptocurrency, europe, european, Europol, Exchange, Exchanges, Finiko, Investigation, justice department, Law Enforcement, LocalBitcoins, Russia, russian, transactions, transfers, U.S., US

Cryptocurrency exchange Binance has reportedly processed nearly $346 million in crypto transactions for Bitzlato, the coin trading platform that was

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Bitzlato Exchange Busted as US Deals ‘Blow to Crypto Crime,’ Arrests Owner

January 19, 2023 admin ACTION, Arrest, Bitzlato, co-founder, Crypto, crypto crime, crypto exchange, Cryptocurrencies, Cryptocurrency, darknet, darknet market, Exchange, Exchanges, Hydra, justice department, Money Laundering, operation, owner, Russia, russian, U.S., US

Cryptocurrency exchange Bitzlato, better known to the Russian-speaking segment of the market, has been taken down as part of an

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China’s Digital Yuan Little Used, Former Central Bank Official Says

December 31, 2022 admin CBDC, CBDCs, Central Bank, China, chinese, Circulation, Crypto, Cryptocurrencies, Cryptocurrency, Digital Currency, Digital Yuan, Finance, former official, Official, PBOC, trials, use, use cases, Yuan

Trials of the digital yuan have produced disappointing results, according to a report quoting the former head of research at

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‘Visibly Shaking’ FTX Co-Founder Hammers out a ‘Wasted Day’ in Court as Bahamian, US Legal Team Prep for Extradition

December 20, 2022 admin Bankruptcy, black corrections van, cnbc, court case, Eyewitness News Bahamas, Ezra Kaplan, Fox Hill Prison, Franklyn Williams, ftx, FTX co-founder, FTX founder, jail, Jerone Roberts, News, NYT, Reuters witness, Sam Bankman-Fried, Sam Bankman-Fried court, SBF case, SBF court, Shaka Serville, The Bahamas, The Tribune, WSJ

FTX co-founder Sam Bankman-Fried (SBF) had a difficult day in court on Monday according to a number of accounts that

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Bank Holdups and Protests Continue to Rise in Lebanon as Depositors Demand Their Own Savings

December 19, 2022 admin Bank Audi, bank holdups, Bank of Beirut, banks, Black Market, black market rate, BLC Bank, Blom Bank, Byblos Bank, commercial banks, Economics, Eurobond debt, Fransabank, IBL Bank, Lebanese bank accounts, Lebanese commercial banks, Lebanon, Lebanon Banks, Lira, lira exchange rate, NPR reporter, Protests, Ruth Sherlock, Zahra Khaled

On Dec. 17, reports detail that residents in Lebanon have been staging sit-ins and protests at banks in order to

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G20 Countries to Build Crypto Policy Consensus for Better Global Regulation

December 18, 2022 admin Crypto regulation, G20, g20 crypto, G20 cryptocurrency regulation, india crypto regulation, indian cryptocurrency regulation, Regulation

The G20 countries aim to build a policy consensus on crypto assets for better global regulation. “After the crypto meltdown

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Time for Serious Global Crypto Regulation, Germany Says

December 15, 2022 admin Authority, Bafin, Bankruptcy, collapse, Crypto, crypto assets, crypto exchange, crypto industry, crypto sector, Cryptocurrencies, Cryptocurrency, EU, european, ftx, german, Germany, MiCA, Regulation, Regulations, regulator, watchdog

Germany’s financial watchdog has issued a call for global regulation of the crypto industry in the aftermath of the FTX

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FTX Co-Founder Indicted by Federal Grand Jury in Manhattan, Bahamian Magistrate Denies SBF’s Bail

December 14, 2022 admin 165 years in prison, 8 Financial Crimes, Alameda Research, Bahamian judge, Bahamian magistrate, Bail, campaign finance offenses, CFTC, Customer Funds, Damian Williams, DOJ, FBI New York Field Office, federal grand jury, Fraud, FTX case, FTX collapse, FTX Sam Bankman-Fried, FTX's collapse, FTX’s launch, Lawsuit, Manhattan, Michael J. Driscoll, Money Laundering, News, Reuters, Sam Bankman-Fried, sbf, SDNY attorney, SDNY attorney Damian Williams, SDNY DOJ, SDNY prosecutor's office, SEC charges

On Dec. 13, 2022, the Southern District of New York (SDNY) prosecutor’s office and SDNY attorney Damian Williams revealed that

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Report: FTX Co-Founder SBF Retains White-Collar Lawyer Who Represented Ghislaine Maxwell

December 7, 2022 admin Charges, convicted sex offender, FTX case, FTX collapse, Ghislaine Maxwell, Insider Trading Case, Jeffrey Epstein, Joseph Bankman, Lawsuits, lawyer, Lawyer FTX, Mark Botnick, Maxwell Case, News, Reuters, sbf, SBF attorney, SBF Lawyer, SBF’s father, SBF’s spokesperson, SEC, sex trafficking case, Stanford, Stanford Law Professor

On Dec. 6, 2022, the former FTX CEO Sam Bankman-Fried (SBF) reportedly retained the attorney Mark Cohen, the lawyer that

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Matt Damon Shares Story Behind His Crypto Commercial
Famous Hollywood actor Matt Damon has revealed the story of how he became involved in creating a cryptocurrency commercial called “Fortune Favors the Brave” with Crypto.com. After the release of the crypto ad, Damon faced global criticism for his involvement in it. Matt Damon Talks About His Crypto Commercial Famous actor and producer Matt Damon
Virgin Orbit’s failure: What it means across the space sector
Ron Epstein, Bank of America senior equity analyst, joins 'Closing Bell Overtime' to discuss Virgin Orbit ceasing operations, the space sector post-SPAC boom, and more.
‘Panic of 2023’: James Corbett Explains How Bank Crisis Could Lead to CBDC ‘Nightmare of Total Monetary Control’
Investigative journalist James Corbett has recently referred to the ongoing global banking crisis involving SVB, Signature Bank, Credit Suisse and others as the “Panic of 2023,” drawing comparisons to what he views as historical precedents, and pointing ahead to an inevitable and bleak, technocratic surveillance future leveraging central bank digital currencies (CBDCs) should nothing be
China Makes Advances in Ditching the US Dollar for Settlements — Inks Deal With Brazil and Completes First Yuan LNG Purchase
China has been advancing its goal of positioning the yuan as an alternative to the U.S. dollar for settling international payments. The Chinese government recently struck a bilateral deal with Brazil to settle trades using their national currencies and completed a purchase of Liquefied Natural Gas (LNG) with a French company using yuan as payment.
Gary Gensler: SEC Needs New Tools, Expertise, and Resources to Regulate Crypto Industry
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler said in a congressional hearing that the securities regulator “requires new tools, expertise, and resources” to combat misconduct in the crypto space. “We’ve seen the Wild West of the crypto markets, rife with noncompliance, where investors have put hard-earned assets at risk in a highly speculative