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Latest from Jamie Crawley
Myanmar’s Shadow Government Adopts Tether as Official Currency: Report
The National Unity Government said via a Facebook post that it now accepts USDT.
Crypto Exchange AscendEX Hacked, Losses Estimated at $77M
Assets not affected have been transferred to cold wallets while the investigation is carried out, the exchange said.
SEC’s Gensler Says Crypto ‘Fits in Our Broad Remit’: Report
The U.S. regulator also restated his request to crypto exchanges to “come in, work with the SEC.”
South Africa’s Financial Regulator Is Planning Crypto Rules to Protect Vulnerable Population: Report
The regulations will be unveiled in early 2022 as a response to two major scams that defrauded investors of significant sums earlier this year.
IMF Outlines Need for Global Approach to Crypto Regulation
The IMF called for a “comprehensive, consistent and coordinated” approach to harness the benefits of crypto’s underlying technology while mitigating its risks.
Silvergate Bank Looks to Raise $461M in Public Stock Offering
The shares will be priced at a maximum $145 each.
French Fintech Lydia Attains Unicorn Status With $100M Series C Funding
The funding round includes new investors Dragoneers and Echo Street along with existing backers Tencent, Accel and Founders Future.
CFTC Commissioner Says US Regulators Should Issue Clear Guidance Before Punishing Crypto Firms: Report
“What I discourage here at the CFTC is bringing enforcement actions without giving [crypto firms] the tools they need to be compliant,” Commissioner Stump said.
Gibraltar to Integrate Blockchain Into Government Systems
The pilot project is being undertaken with the support of Latin American crypto exchange Bitso and RSK blockchain developer IOVlabs.
Argo Blockchain’s Mining Revenue Increased 15% in November as It Added Capacity
The company mined 185 bitcoins or bitcoins equivalent during the month, bringing its 2021 total to 1,831.
