Author: CVJ.CH Content Partner BeInCrypto

Nexo, one of the largest crypto lending platforms, has seen withdrawals worth over $200 million following a raid by Bulgarian authorities.

U.S. financial regulators have issued a joint statement warning banks of the risks associated with crypto-assets.

While audits to safeguard corporate health have long existed in the traditional financial world, the crypto sector still struggles to do so.

The United Kingdom plans to introduce a new reform for further stablecoin regulation to protect consumers from fraud and mismanagement.

Japan’s second largest bank, Sumitomo Bank, wants to launch its own soulbound token in an attempt to establish itself in the web3 sector.

In a recent Wall Street Journal report, the leading stablecoin issuer Tether is once again being accused of lacking sufficient liquidity.

In response to the FTX debacle, CFTC officials are urging Congress to grant them more authority over crypto market regulation in the US.

A recent survey on the topic of CBDC development in Africa gives insights into their evolution as well as regulators’ motivations & concerns.

In light of the recent FTX collapse, skepticism towards all centralized entities has rapidly ramped up – including Grayscale’s GBTC.

In response to the fall of competitor FTX, the largest crypto exchange Binance is revealing the full reserves of their customer deposits.

Recently, the major U.S. bank Goldman Sachs published that it will work with MCSI and CoinMetrics to create a new framework for digital assets.

Hong Kong has issued a statement to expand the scope of crypto regulation, which may be a testing ground for China’s future decisions.

The Monetary Authority of Singapore (MAS) has published two consultation papers that aim to protect retail investors from losses with crypto.

Many experts are critical of MakerDAO’s current proposals, which are most likely to be adopted by the community.

According to the Fed’s Christopher Waller, America should abandon the idea of a dollar CBDC, preferring instead to use private stablecoins.

The founder of Bored Ape Yacht Club, Yuga Labs, and crypto exchange Bittrex are suspected of having engaged in illegal activities.