Global Rules Leave Crypto Firms With No Place to Hide: G20 Watchdog July 17, 2023 By Huw Jones Globally agreed rules leave crypto firms with no option but to introduce basic safeguards to prevent the blow-ups seen at...
Markets/Coverages: Evertas to Offer Largest Crypto Insurance Policy With Coverage Up to $420M June 2, 2023 By Gertrude Chavez-Dreyfuss London-based Arch Insurance International has authorized cryptocurrency insurer Evertas to increase the coverage limit for a single policy to $420...
G20 Watchdog to Tackle ‘Vulnerabilities’ in Decentralized Finance After FTX Collapse February 16, 2023 By Huw Jones The G20’s Financial Stability Board (FSB) said on Thursday it would take steps to tackle “vulnerabilities” and data gaps in...
Britain’s Finance Ministry Issues Draft Rules to Regulate Cryptoassets February 2, 2023 By Huw Jones and Elizabeth Howcroft Britain’s finance ministry laid out its first set of rules to regulate cryptoassets on Wednesday, saying ongoing turbulence in the...
European Central Bank Urgently Seeks Regulation After Multiple Crypto Bubbles Burst December 8, 2022 Crypto assets are here to stay so their regulation is urgently needed to protect investors and the stability of the...
FTX Crash Injects Urgency Into Regulating Crypto Sector: Global Securities Watchdog November 28, 2022 By Huw Jones The crash of FTX exchange has injected greater urgency into regulating the crypto sector and targeting such ‘conglomerate’ platforms will...
FTX Collapse Ensnares Creditors Big and Small Across the Globe November 23, 2022 From a German bank seeking a more than $2 million payment to a Chinese investor requesting $21,000 of lost savings....
FTX Collapse Shows Need to Regulate Crypto World: Bank of England November 21, 2022 By Marc Jones and Huw Jones The implosion of cryptocurrency exchange FTX shows the need to bring the crypto world within the regulatory framework, Bank of...
EU Seeks Agreement on Ground-Breaking Regulations for Crypto Assets June 30, 2022 By Huw Jones The European Union on Thursday will seek agreement on ground-breaking rules for regulating crypto assets as the rout in bitcoin...
How Crypto Giant Binance Became a Hub for Hackers, Fraudsters and Drug Traffickers June 7, 2022 By Angus Berwick and Tom Wilson BRATISLAVA – In September 2020, a North Korean hacking group known as Lazarus broke into a small Slovakian crypto exchange...