Already, the drama has sparked debate in Washington about the regulatory reform known as Dodd-Frank that was adopted in the wake of the 2008 crisis and the decision by former President Donald Trump to partially roll it back.
There have been 565 bank failures in the United States since the start of the millennium, which is surprisingly common.
Whilst many bank failures followed the 2008 financial crisis, they have also happened during times of relative calm. Almost two banks failed per month between 2011 and 2020.
Now the blame game has begun.
ASIC has announced its intention to seek penalties, declarations, and adverse publicity orders in its legal proceedings against Binance Australia Derivatives.
The final guidelines set a clear path for the crypto industry to navigate MiCA compliance. CASPs, stablecoin issuers, and other entities must adhere to the standards to continue operating within the EU.
This marks the latest chapter in Bybit's struggle to navigate France’s increasingly stringent regulatory landscape for crypto service providers.
Coinbase argues that the FDIC’s warning letters to banks signal a deliberate government campaign to restrict the crypto sector's access to banking services, accusing regulators of waging an 'Operation Choke Point 2.0' against digital assets.
There is a significant disparity in banking access between crypto hedge funds and traditional alternative investment managers, with a new report suggesting the broader issue stems from systemic risk aversion and a lack of regulatory clarity.
Tether’s investment signals a broader trend of crypto companies seeking to integrate with real-world applications, leveraging their financial clout to influence industries beyond blockchain.
President-elect Trump names Bo Hines to lead the "Crypto Council" and pro-Bitcoin Stephen Miran to lead the Council of Economic Advisers
Kain Warwick, Infinex's founder and core working group lead, and founder of Synthetix protocol discusses the incoming "post-CEX" era in the industry.
