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U.S. Treasury’s Yellen says crypto markets need better oversight

BY Reuters  • November 16, 2022November 16, 2022
WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Wednesday that crypto markets need more robust oversight, days after cryptocurrency exchange FTX collapsed. “The recent failure[...]
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FTX creditors may number over 1 million as regulators seek answers

BY Reuters  • November 16, 2022November 16, 2022
By Akriti Sharma and Daniel Leussink (Reuters) – Collapsed crypto exchange FTX outlined a “severe liquidity crisis” in U.S. bankruptcy filings, which said the group could have more t[...]
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Business Economy Europe Technology Top News US

U.S. SEC delays decision on ARK 21Shares spot bitcoin ETF to Jan. 27

BY Reuters  • November 15, 2022November 15, 2022
NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Tuesday delayed a decision on whether to allow a spot bitcoin exchange-traded fund by stock-picker Cathie Wood’s Ark Inv[...]
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Business Economy Technology Updated US

U.S. authorities probe FTX collapse, executives’ involvement -sources

BY Reuters  • November 15, 2022November 15, 2022
By Chris Prentice (Reuters) -U.S. prosecutors in New York are probing FTX’s collapse, a source with knowledge of the investigations said, after the crypto exchange filed for bankruptcy protectio[...]
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Regulators circle FTX as rival exchanges try to calm investors

BY Reuters  • November 14, 2022November 15, 2022
By John McCrank and Alun John NEW YORK (Reuters) -Regulators opened probes following last week’s spectacular collapse of crypto exchange FTX and rival exchanges sought to reassure jittery invest[...]
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Fed boosts focus on liquidity, other risks as economy weakens: Barr

BY Reuters  • November 14, 2022November 15, 2022
(Reuters) -Michael Barr, the Federal Reserve’s top regulatory official, said Monday the U.S. central bank is watching for any stresses to the financial system amid a weakening economy, and signa[...]
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Factbox-From Binance to Voyager, crypto firms’ exposure to FTX is coming to light

BY Reuters  • November 14, 2022November 15, 2022
LONDON (Reuters) – After major crypto exchange FTX filed for U.S. bankruptcy protection on Friday, the crypto industry is bracing for further fallout. Some of FTX’s investors have said the[...]
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Fed’s Brainard: Crypto finance needs strong regulation

BY Reuters  • November 14, 2022November 15, 2022
(Reuters) -Recent turmoil in the cryptocurrency market shows the need for it to be firmly regulated the same way traditional finance is, Federal Reserve Vice Chair Lael Brainard said on Monday.[...]
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