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Financial regulators have often called out the environmental impact of cryptocurrencies and now a new study from Forex Suggest reveals 431.6 million trees would need to be planted to offset bitcoin’s pollution over the last year.
05 January 2023
Coinbase will pay a $50 million penalty and invest another $50 million in its compliance programme to settle a New York State regulatory investigation into its anti-money laundering practices.
04 January 2023
Wyre, a crypto payment firm that came close to being acquired for $1.5 billion last year, is on the brink of liquiditation, according to reports.
US regulators have warned banks to be on their guard against the risks posed by exposure to the crypto asset sector in the wake of the implosion of crypto-exchange FTX and heightened volatility in the market.
Sam Bankman-Fried has pleaded not guilty to eight criminal charges related to the collapse of FTX, the cryptocurrency exchange he founded.
03 January 2023
Zodia Custody, the crypto asset servicing joint venture between Standard Chartered and Northern Trust, has appointed former Bitstamp chief and Starling bank co-founder Julian Sawyer as its new CEO.
The Central Bank of the Republic of Türkiye (CBRT) has run its first test transactions on the digital Turkish Lira CBDC network.
With 2022 drawing to a close, we take a look back at our most popular news items, videos and community engagement activities over the course of the past year.
23 December 2022
The Federal Reserve Bank of Boston has released a statement announcing that research into the technical feasibility of a potential digital dollar has concluded.
Two high-level associates of FTX founder Sam Bankman-Fried have pleaded guilty to fraud charges relating to the spectacular implosion of the cryptocurrency exchange.
22 December 2022
Security researchers are warning about the Godfather, an Android banking Trojan that has targeted the users of more than 400 apps.
The European Central Bank says it will finalise the the overall design of a digital euro in the second half of next year as it publishes its second progress report on the project.
21 December 2022
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