Centralized Exchanges Are Here to Stay
While the collapse of FTX shook confidence in centralized crypto services, regulated exchanges are arguably more secure and offer users “peace of mind,” DBS Digital Exchange CEO Lionel Lim writes.
While the collapse of FTX shook confidence in centralized crypto services, regulated exchanges are arguably more secure and offer users “peace of mind,” DBS Digital Exchange CEO Lionel Lim writes.
DEXs and other aspects of the DeFi world can be regulated in the US, even though it is “just code,” according to CFTC chair Rostin Behnam.
The SFC’s guidelines prohibit crypto “gifts” designed to incentivize retail investments, which likely includes airdrops, and says stablecoins should not be admitted for retail trading until they are regulated.
Cryptocurrency exchange Bittrex Inc filed for bankruptcy protection on Monday, three weeks after the U.S. Securities and Exchange Commission (SEC) accused it of operating an unregistered securities exchange.
Insider’s Phil Rosen interviews a blockchain executive on the state of the economy and his bitcoin forecast.
The filing is a preemptive move by the crypto exchange to argue that the SEC’s approach doesn’t provide sufficient regulatory guidance for U.S. crypto firms.
Data on consumer prices and producer prices due this week could be the catalysts to shake Bitcoin out of its holding pattern.
The Infrastructure Act passed by the U.S. Congress in 2021 defined cryptocurrency exchanges as brokers and subjected them to the burdensome tax reporting rules. But it came with some unintended consequences. New legislation looks to fix these issues.
Bitcoin (BTC) and Ethereum (ETH) have been experiencing a lack of volatility, with both cryptocurrencies fluctuating…
On March 2, 2023, FTX debtors released a preliminary analysis of the now-defunct cryptocurrency exchange’s shortfalls.