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...
Insurers Denying Coverage to FTX-Linked Crypto Firms as Contagion Risk Mounts December 19, 2022 By Noor Zainab Hussain and Carolyn Cohn Insurers are denying or limiting coverage to clients with exposure to bankrupt crypto exchange FTX, leaving digital currency traders and...
FTX Founder Bankman-Fried Arrested in Bahamas at Behest of U.S. Prosecutors December 13, 2022 By Jasper Ward, Luc Cohen and Angus Berwick FTX founder Sam Bankman-Fried was arrested in the Bahamas at the behest of U.S. prosecutors on Monday, the day before...
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...
Lloyd’s Broker Superscript Offers Insurance for Crypto, Digital Asset Businesses May 13, 2022 Lloyd’s broker Superscript has launched a dedicated product for distributed ledger technology (DLT), digital asset, and blockchain businesses. The product,...
Cops Struggle to Keep Up With ‘Staggering’ Levels of Crypto Seizures April 13, 2022 By Ellen Milligan and David Voreacos One spring day in a village just west of London, residents saw a man being muscled into a car in...
Hong Kong-Based Digital Assets’ Insurer Weighs SPAC, Partners With Munich Re April 12, 2022 By Sarah Zheng OneDegree, a Hong Kong-based insurer of digital assets, has been approached by investment banks about going public through a blank-check...