STATEMENT FROM CUSTODIA BANK about at the moment’s Federal Reserve motion on its membership Its grasp account software stays pending: Custodia Financial institution ™ (@custodiabank) January 27, 2023 The Fed gave the financial institution 72 hours to withdraw…
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Bitcoin NewsNews
Lawyer explains new federal digital asset legislation within the United Arab Emirates
by Jeremyby JeremyEarlier than the federal-level regulation, the UAE already launched a number of supervisory initiatives for digital belongings in financial free zones just like the Abu Dhabi International Market Final yr, Dubai additionally established its personal crypto regulator referred to…
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Bitcoin NewsNews
FTX former lead engineer in talks with federal prosecutors in Bankman-Fried case
by Jeremyby JeremySingh attended a proffer session someday final week at america Legal professional’s workplace for the Southern District of New York for prosecutors to find out if he has worthwhile info to supply within the lawsuit in opposition to FTX founder…
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Bitcoin NewsNews
Sam Bankman-Fried enters not responsible plea for all counts in federal court docket
by Jeremyby JeremyA number of observers in the USA District Court docket within the Southern District of New York on 3 reported that Bankman-Fried’s attorneys had entered a not-guilty plea on SBF’s behalf in his first court docket look since
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The assertion famous that the previous yr noticed excessive volatility in crypto costs and uncovered vulnerabilities within the Due to this fact, the regulatory authorities highlighted some key dangers banks must be cautious of whereas coping with authorities…
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Altcoin NewsNews
US federal businesses launch joint assertion on crypto asset dangers and secure practices
by Jeremyby Jeremy“It is crucial that dangers associated to the crypto-asset sector that can’t be mitigated or managed don’t migrate to the banking system,” the businesses They recognized eight particular dangers that characteristic fraud, volatility, contagion and comparable acquainted Associated: Strategy…
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Bitcoin NewsNews
Bankman-Fried might enter plea in NY federal courtroom subsequent week earlier than Choose Lewis Kaplan
by Jeremyby JeremyChoose Kaplan was assigned to the case on 27 after the unique decide on the case, Ronnie Abrams, recused herself resulting from connections between FTX and the Davis Polk & Wardwell regulation agency, the place her husband is a…