SEC “Come in and Register” Costs Companies $2M in Legal fees
SEC Registration Costs a Lot for Crypto Firms FOX Journalist Reveals.
Bitcoin Falls Below US$23,000, Ether Slides in Crypto Price Slump Across the Board
Bitcoin and Ether prices slumped in Friday morning trading in Asia, along with all other top 10 non-stablecoin cryptocurrencies amid reports that U.S.-based cryptocurrency bank Silvergate Capital Corp. could be the next corporate victim of the FTX crash. Polkadot led the losses. U.S. equities rose Thursday after a week of fluctuations on conflicting Federal Reserve comments about interest rates and data suggesting inflation is well entrenched in the economy. (forkast)
Gary Gensler:Based Upon How Crypto Trading and Lending Platforms Generally Operate, Investment Advisers Cannot Rely on Them Today As Qualified Custodians
Based upon how crypto trading and lending platforms generally operate, investment advisers cannot rely on them today as qualified custodians. To be clear: just because a crypto trading platform claims to be a qualified custodian doesn’t mean that it is.
UK Banks HSBC, Nationwide to Ban Crypto Purchases With Credit Cards
United Kingdom babanks HSBC Holdings and Nationwide Building Society are banning cryptocurrency purchases via credit cards for retail customers. They join a growing list of banks in the country to tighten restrictions on digital assets.
Banks’ Direct Exposure to Crypto Less Than 1% of Total – BIS Report
Global banks’ exposure to crypto-assets remains minuscule and mostly declined during 2022, the Bank for International Settlements (BIS) said in its latest BASEL III Monitoring report.
Spain Takes the Lead with Most Properties Available for Crypto Purchases, but at What Cost?
Despite having the most listings for properties available for crypto purchases, Spain ranks sixth in terms of the average listing price.
Spain Has Highest Number of Properties Available to Buy via Crypto
Spain became the number one country in the world that offers the highest number of properties available for purchase using cryptocurrencies — 289 properties, according to Forex Suggest’s analysis.
Bitcoin Miners Are Starting to Emerge From Brutal Crypto Winter
The bitcoin mining industry appears to be getting back on its feet after a long crypto winter that saw major bankruptcies and fire sales.
Crypto Influencer Confronted On-Camera Over Alleged Scam
Prominent Venezuelan crypto influencer Newman Perez was earlier this month confronted at a Colombian shopping center by a man who accused him of stealing his funds. The confrontation, caught on camera, was uploaded to TikTok, shared on Twitter, and has since gone viral.
House Digital Assets Panel Chair Ready to Work With Ag Committee on Crypto Framework
Speaking Thursday at the Milken Institute Future of Digital Assets Symposium, Rep. French Hill said he intends to work with the House Agriculture Committee on creating legislation for cryptocurrency.
