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Latest from Oliver Knight
Celsius Outlines Next Steps as Bankruptcy Proceedings Begin
The insolvent crypto lender has said that it will give customers an option of staying "long crypto" or receiving a discounted cash settlement.

Coinbase Secures Regulatory Approval in Italy
The crypto exchange joins Binance in gaining clearance in that country.

Binance Fined $3.4M by Dutch Central Bank
The crypto exchange was penalized for failing to register in the Netherlands.

Vladimir Putin Signs Law Banning Digital-Asset Payments in Russia
He has signed a bill that adds to a previous prohibition against cryptocurrency payments in the country.

Celsius Owed $439M by Lending Firm EquitiesFirst: Report
Celsius first borrowed from EquitiesFirst in 2019 before an overcollateralized crypto loan went sour in 2021.

DeFiance Capital Has Been 'Materially Affected' by Three Arrows Liquidation
The firm's CEO has said he is committed to recovering all assets that may have been affected.

OKX Secures License in Dubai and Plans to Open Regional Hub
The exchange has followed in the footsteps of FTX and Kraken in securing a license in the UAE.

Shanghai Plans to Cultivate $52B Metaverse Industry by 2025
Shanghai wants to create more than 100 companies in a plan that focuses on virtual reality and increased connectivity.

Binance Failed to Deliver on Money-Laundering Prevention Promises: Report
A Reuters report says the cryptocurrency exchange has been lax in cracking down on the financial crime.

Tether Reduces Commercial Paper Holdings Almost 60% as It Tackles Quality Concerns
The USDT issuer's market cap has fallen to $66.1 billion from $82.2 billion in two months.
