Bloomberg (Crypto)
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Stablecoin Boom May Prompt Crypto Rules Review, Basel Chair Says
The rapid growth of stablecoins might prompt global policymakers to re-evaluate new bank capital standards for cryptoassets, the chair of the Basel Committee on Banking Supervision said on Wednesday....
Crypto Ecosystem Actually ‘Worked’ During Crash, Digital Currency Expert Says
Last weekend’s crypto selloff is no cause for panic, according to MIT’s digital currency expert. In fact, it’s proof that the market is operating as designed: experimentally....
BOE Will Lift Stablecoin Limits Once Threat to Economy Eases
The Bank of England will lift proposed limits on the amount of stablecoins individuals and businesses can hold once the digital assets stop being a threat to the economy....
Tech, Crypto-Focused Bank Founded by Billionaire Trump Supporter Wins US Approval
A new US bank that aims to serve emerging tech firms in sectors such as crypto and artificial intelligence has received conditional approval to operate from the Office of the Comptroller of the Curren...
MIT Grad Brothers’ Trial Puts Focus on ‘Wild West’ Crypto Trades
Two brothers, both recent Massachusetts Institute of Technology graduates, are going on trial this week in a case that promises to shed light on a secretive and controversial cryptocurrency trading st...
Crypto’s $19 Billion Wipeout Shows Risks of Centralization
Emily Nicolle takes a look at the risk beyond the headlines of last week’s crypto market chaos....
Binance Increases Compensation for Customers Liquidated in Crypto Selloff
Amid growing criticism about its role in crypto’s biggest crash, Binance said it will distribute an additional $300 million in stablecoins to exchange users who incurred forced liquidations and provid...
Ether Risks Lapsing Into Bear Market as Crypto Selloff Deepens
Just two months ago, enthusiasm around Ethereum — the blockchain that powers a key corner of the crypto economy — was spilling into the mainstream. Its native token, Ether, had surged to a four-year h...
Cambodian Corporate Chairman Charged in $15 Billion Crypto Fraud
The chairman of Cambodian conglomerate Prince Group was charged Tuesday by the US with running a “sprawling cyber fraud empire” that led to authorities seizing Bitcoin worth about $15 billion....
Metaplanet’s Enterprise Value Sinks Below Bitcoin Holdings
Metaplanet Inc.’s enterprise value dipped below that of its Bitcoin reserves, underscoring diminishing investor appetite for so-called digital-asset treasury firms globally....
A $131 Billion Crypto Crash Has Traders Fearing Lasting Damage
The altcoin casino blew up in speculator fashion last week — and it’s not clear the gamblers are coming back....
Bitcoin’s Fragile Rebound Follows $20 Billion Leverage Wipeout
Bitcoin’s modest recovery after Friday’s record crypto crash has done little to ease the fallout from over $20 billion purge of leveraged bets that left parts of the market incapacitated. The unpreced...
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