UK Regulator Saw ‘Poor’ Engagement From Some Overseas Crypto Firms on Upcoming Ad Rules
With the rules set to take effect Oct. 8, officials at the Financial Conduct Authority have a plan to tackle non-compliant firms, CoinDesk was told.
Said
Chainlink Unveils ‘Data Streams’ to Reduce Latency, Expands Decentralized Computing
The company launched Chainlink Veri Streams and announced new decentralized computing capabilities.
Banking Giants Abuzz About Tokenization of Real-World Assets as DeFi Craves Collateral
JPMorgan, Citi and Franklin Templeton are digitizing traditional assets. Will they end up trading on crypto networks like Ethereum?
FTX Bankruptcy Claims Soar in Value in Over-the-Counter Markets as Estate Recovers $7.3B
One top distressed-debt investor describes FTX claims as the “hottest ticket in town.”
Central Banks Successfully Test Cross Border Trading of Wholesale CBDC Using DeFi
The Bank for International Settlements alongside the central banks of France, Singapore and Switzerland tested out using wholesale CBDC to conduct cross border trading.
SEC’s Gensler Throws More Crypto Punches in Congressional Hearing
Gary Gensler, while avoiding answers on bitcoin ETFs, argues in testimony that crypto firms dangerously mix assets in a way outlawed in other corners of the financial system.
U.S. Department of Justice Opposes Sam Bankman-Fried’s Latest Move for ‘Temporary Release’
The FTX founder’s defense team asked for Bankman-Fried to be released into his attorneys’ custody during the trial.
Indian Crypto Investment Platform Mudrex Expands to Italy
Mudrex successfully registered with Italy’s Organismo Agenti e Mediatori (OAM), a mandatory step for crypto firms, on Sept. 1, according to the CEO.
Bitcoin Holding Above $26K Is ‘Remarkable’ as Equities Take a Hit. What’s Next for BTC’s Price?
The 200-week and 200-day moving averages converge at $27,800, acting as an obstacle to further BTC price gains.
BNB, XRP Lead Slide in Crypto Majors as Mt. Gox’s Repayment Delay Fails to Bouy Bitcoin Prices
“We still believe that the chances of further declines are higher for now,” one analyst said.