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SEC Commissioner Hester Peirce advocates for a more transparent and collaborative approach to crypto regulation, emphasizing the importance of decentralization and the diversity of the crypto space.
The price of BTC mining rigs fell nearly 85% over the past year, causing some loans to become under-collateralized.
Genesis has "confidence" it can resolve disputes with creditors this week. The lender is looking to exit bankruptcy by May 19.
The New York regulator says that corporate and customer assets should be separated.
Binance reported that Signature Bank won't issue crypto transactions worth less than $100,000 starting February 1, 2023.
The Special Commission bill was filed on the same day as another bill related to increasing consumer protection against crypto exchanges.
Accused of laundering over $1 billion worth of crypto, the Russian exchange saw its owner arrested and assets seized. And while the scope of Bitzlato's alleged crimes is serious, its effect on the crypto industry could be limited.
The company called its exposure "minimal" and said it has no outstanding loans.
Brett Harrison, the former CEO of FTX.US, raised $5 million from big-name investors to launch a new crypto startup called Architects.
