Crypto firms Financial News

29.11 / 05:41

cryptocurrency crypto firms Global regulators to assess if more crypto safeguards needed

crypto firms like FTX from destabilising the wider financial system, the global Financial Stability Board (FSB) said on Tuesday. The FSB, which groups regulators, central banks and treasury officials from the G20 economies, said turmoil in crypto markets last year when FTX collapsed highlighted how «multifunction» crypto firms, that combine trading and other activities, can exacerbate vulnerabilities. The vulnerabilities are similar to those found in traditional finance, including leverage, liquidity mismatches, technology and operational vulnerabilities, the FSB said in a report. «These vulnerabilities are further amplified by a lack of effective controls and operational transparency, poor or no disclosures, and conflicts of interest,» it said.

20.04 / 03:49

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crypto firms will develop «offshore,» the chief executive of major U.S. crypto exchange Coinbase Global Inc said on Tuesday.

19.12 / 09:15

cryptocurrency FTX crypto firms Bitcoin Insurers shun FTX-linked crypto firms as contagion risk mounts

Insurers are denying or limiting coverage to clients with exposure to bankrupt crypto exchange FTX, leaving digital currency traders and exchanges uninsured for any losses from hacks, theft or lawsuits, several market participants said.

04.08 / 12:29

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Crypto meltdown may temper fintech earnings

17.07 / 07:25

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List of crypto firms that have run into hardships

06.07 / 10:19

cryptocurrency coindcx crypto firms Top crypto ED notices to top crypto sites seek info under FEMA

cryptocurrency firms as part of its ongoing probe into alleged instances of foreign exchange violations, if any, by these firms, sources said. ED has sent out notices to cryptocurrency exchanges seeking further information under the Foreign Exchange Management Act (FEMA), they added. Crypto trading platform CoinDCX’s founder Sumit Gupta joined the federal agency’s probe at its Bengaluru office earlier this month, the sources said.

23.06 / 08:43

cryptocurrency crypto news crypto firms Market crash valuation Crypto Firm FalconX Doubles Valuation To $8 Billion, Despite Market Crash

Crypto platform FalconX doubles valuation to $8 billion in new funding round

Crypto firms Financial News

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