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Crypto News
BCB Group’s Deputy CEO Departs After Failed German Bank Acquisition
The crypto banking firm said last week that it had ended its planned acquisition of Germany’s Sutor Bank, citing regulatory delays and market conditions.
JPMorgan Expands Its Blockchain-Based Token to Euro Payments: Bloomberg
Since its inception in 2019, over $300 billion in transactions have been processed using JPM Coin.
Crypto Ban May Not Be Best Approach to Balance Risk, Demand: IMF
The IMF recommended that countries focus on addressing the drivers of crypto demand and unmet digital payment needs in a post.
Crypto.com Approved to Operate in Spain
The crypto exchange said it has registered as a virtual asset service provider with the country's central bank following a "comprehensive" compliance review.
Alameda Seeks Return of $700M Paid to ‘Super Networkers’ for Celebrity, Political Access
Sam Bankman-Fried promised billions to Michael Kives and Bryan Baum after being awed by their connections to politicians, billionaires and reality TV stars.
SEC Relinquishes $30M BlockFi Penalty Until Investors Are Repaid
The regulator agreed to forego the payment, owed as part of a settlement of charges against BlockFi, to maximize and speed up payments to investors.
Only Bitcoin Miners With Low Power Costs and High Sustainable Energy Mix Will Survive: JPMorgan
Electricity costs played a vital role in the past year’s bear market as miners struggled to survive, the report said.
CFTC Takes Action Against New York Resident for $21M Crypto Pooling Scam
The Commodity Futures Trading Commission (CFTC) has filed an enforcement action against a New York city resident, William Koo Ichioka, for fraudulently misappropriating over $21 million from over 100 commodity pool participants' funds.
Matrixport’s Bitcoin Greed & Fear Index Surpasses 90%, Suggests Bull Breather Ahead
Historically, an above-90% reading on the index has coincided with interim market tops.
First Mover Asia: Bitcoin Surge May ‘Not Be the Beginning of the End of the Bear…
ALSO: CoinDesk Senior Research Analyst George Kaloudis offers a straightforward explanation of why BlackRock and other financial services giants want to offer a spot bitcoin ETF.