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Regulations
Celsius Proposes Restructuring to Offer One-Time ‘Meaningful Recovery’ Payout for Most Creditors
The bankrupt firm is thinking of forming a new “recovery corporation” after getting a slew of acquisition bids that were not compelling.
French Lawmakers Soften Stance on Compulsory Crypto Licenses
Crypto industry advocates had been concerned about tougher rules in the wake of the FTX collapse and as new EU legislation is readied.
At World Economic Forum This Year, Panels Debated Blockchain 'Case Studies'
In efforts to avoid association with the FTX collapse, conversations shifted away from "crypto" and more to specific applications of the underlying blockchain technology.
UK Treasury Is Looking for CBDC Head as It Explores Digital Pound
The country's government will introduce a consultation on its CBDC in the coming weeks.
EU Plans Digital Euro Bill, Metaverse Policy for May, Commission Says
The bill is set to underpin a putative new central bank digital currency, financial-services commissioner Mairead McGuinness said
Crypto Tax Proposed by Lawmakers to Fund EU Budget
Taxing capital gains, mining or crypto transactions are all being examined to fund the European Union’s $185 billion annual spending.
EU Lawmakers Impose ‘Prohibitive’ Requirements on Banks’ Crypto Holdings
The vote in the European Parliament's Economic and Monetary Affairs Committee is intended to anticipate international bank-capital norms.
FBI: North Korean Hackers Behind $100M Horizon Bridge Theft
Lazarus Group and APT38, both associated with North Korea, are responsible for the attack in June, the agency concluded.
Lawyers for Genesis and Its Creditors Are ‘Optimistic’ for a Quick Resolution to Bankruptcy Woes
Attorneys from all parties at Monday’s First Day hearing lauded “around-the-clock” efforts undertaken to resolve the brokerage’s disputes with its creditors.
European Banks Must Fully Cover Crypto Holdings With Capital, Draft Text Says
A leaked proposal that faces a vote on Tuesday deems crypto assets to be the riskiest kind, in line with emerging international guidelines
