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QuadrigaCX creditors set to receive 13% of their claims as an ‘interim dividend’

Creditors of the bankrupt Canadian crypto exchange QuadrigaCX are set to receive 13% of their total claims as part of an “interim dividend.” According...

Cryptocurrency Regulatory and Legislative Analysis #9

Cryptocurrency Regulatory and Legislative Analysis #9May 4, 2023Demetrios TseasRegulatory and Legislative Analysis – GLOBALThe IMF publishes a report on CBDC capacity development On April 11,...

Is Venezuela Shutting Down All Its Crypto Platforms?

The relationship between Venezuela and crypto has always been a bit wonky, and this month is no exception. The arrest of the nation’s superintendent...

FDIC Says Signature Bank Cratered Due to Contagion Effects and Failure To Understand the Risks of Crypto

Signature Bank (SBNY) primarily failed due to contagion that spread from other recently collapsed financial institutions, according to the U.S. Federal Deposit Insurance Corporation...

The NYDFS to Start Charging Crypto Firms Supervised by the Regulator

The New York State Department of Financial Services (NYDFS) said it will start billing cryptocurrency entities registered in the state in exchange for...

Multiple Silvergate lawsuits over alleged FTX ties combined by judge

A California judge has combined three investor lawsuits against defunct crypto bank Silvergate Bank involving the bankrupt crypto exchange FTX.On April 19, United States...

Congress Revives Stablecoin Bill

Proposed Legislation Calls For Monthly Attestations From Stablecoin Issuers and Temporary Ban on Some Algorithmic Stablecoins Some stablecoin issuers would have to register with U.S....

New York Adopts Regulation For Crypto Company Supervision, Enhancing Safety And Consumer Protection

In a significant move to strengthen the oversight of the burgeoning crypto industry, the New York Department of Financial Services (NYDFS) has adopted new...

U.S. Congress to Address SEC Oversight and Legislation Regarding Stablecoins

Join Our Telegram channel to stay up to date on breaking news coverage Tuesday’s complete hearing of the U.S. House Committee on Financial Services will...

Crypto firms hardpressed to find U.S. bank partners as industry blames ‘Operation Choke Point 2.0’

Cryptocurrency firms are struggling to find new banking partners following the closure of three of the largest crypto-friendly banks in the U.S. Stakeholders and...

New York Regulator Strengthens Anti-Fraud Unit to Curb Crypto-Related Crime

Advertisement &nbsp &nbsp The New York State Department of Financial Services (DFS) has stepped up efforts to detect fraud and other illegal activities among...

‘Gig City Goes Quantum’ Offers 1,000+ Quantum Educational Activities

CHATTANOOGA, Tenn., April 10, 2023 – EPB of Chattanooga and Qubitekk have joined with a range of educational, non-profit and corporate partners in launching...

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