Regulations
Prime Trust Has 'Shortfall of Customer Funds,' Nevada Regulator Says
Nevada regulator alleged that Prime Trust was unable to meet customer withdrawals as recently as yesterday.
South Korean Crypto Yield Firm Haru Invest Fires More Than 100 Employees: Report
Earlier this month, Haru Invest suddenly halted withdrawals and deposits.
Crédit Agricole’s CACEIS Gains Crypto Custody Registration in France
The traditional finance giant has been rumored to be seeking the status for years.
Reviewing the Tether Documents
CoinDesk filed a public records request for documents detailing Tether’s reserves. Here’s what we got.
Fed Chair Powell Says Central Bank Needs ‘Robust’ Role Overseeing U.S. Stablecoins
Federal Reserve Chair Jerome Powell testified in the House Financial Services Committee, saying Fed staff has been in talks with lawmakers on crypto legislation that is expected to be marked up in July.
Central Banks Propose CBDC, Stablecoin Standards With Amazon, Grab Running Trials
The Monetary Authority of Singapore (MAS), in collaboration with the IMF and other central banks, is proposing common conditions for retail payments with digital money on a distributed ledger.
FTX’s Bankruptcy Fees Already Topped $200M, Court Examiner Says
Transforming a ‘smoldering heap of wreckage’ can cost good money, Katherine Stadler said.
Digital Euro: The Bill Is Ready but Politicians Aren’t Convinced
A plan to legislate for the central bank digital currency may still be on track for publication, but there is still significant political skepticism about the purpose.
EU Commission’s Digital Euro Bill Back on Track for June 28, Lead Official Says
The controversial central bank digital currency proposals had been removed from the EU executive’s agenda.
EU Commission Brushes Off 'Data Act' Fears by Crypto Industry
New rules could kill off permissionless smart contracts, the industry worries.
