Taiwan’s Crypto Industry Welcomes Regulatory Announcement
FSC chairman confirms that the island’s top financial watchdog will regulate crypto.
Policy
Former NY Regulator: Crypto Isn’t the Reason Why Signature Bank Was Closed
But instead, the firm did not provide reliable and consistent data, creating a significant crisis of confidence in the bank’s leadership, Maria Vullo, previously a superintendent at the government department, told CoinDesk TV’s “First Mover.”
Genesis Requests Timetable for Sale, Creditor Claims
The company wants to sell off its business after filing for bankruptcy on Jan. 19.
Voyager-Binance.US Pause Denied by Bankruptcy Judge
A New York court denied the government’s request to halt the $1 billion deal, saying delay would harm customers.
Signature Bank’s Prospective Buyers Must Agree to Give Up All Crypto Business: Report
The Federal Deposit Insurance Corporation (FDIC) has reportedly asked banks interested in acquiring the shuttered New York institution to submit bids by Friday.
Voyager-Binance.US’ $1B Deal Should Be Halted, U.S. Government Says
The Department of Justice doesn’t like provisions that would render the company immune from prosecution for former wrongdoing
India’s Crypto Industry Finally Sees Lawmakers Engaging
On Saturday, India’s crypto industry pulled off a near coup by bringing senior leaders from India’s ruling party and the opposition benches to an event to engage in serious discussions.
EU Merchants Could Be Required to Accept Digital Euro, Ministers Told
Governments from the euro currency bloc are due to discuss strategic objectives for the CBDC later Monday.
IMF Had Warned G-20 That Widespread Crypto Use Would Impact Banks
The International Monetary Fund (IMF) had warned the G-20 nations that the widespread proliferation of crypto assets could lead to banks losing deposits and curtailing lending, a report made public on Monday reveals.
U.S. Lawmakers Met With Fed, FDIC to Discuss Collapse of Silicon Valley Bank: Source
Rep. Maxine Waters convened meetings with federal bank regulators in the wake of the bank’s collapse.