Gensler: SEC 'Stands Ready to Help' as Crypto Startups Face Wave of Enforcement Actions

The lead regulator says crypto firms tend to be built on "false narratives."

• 2023-05-16
• Gary Gensler the SEC financial authorities Satoshi Nakamoto

Bank of Korea and financial regulator in turf war over who supervises crypto industry

Bank of Korea, the central bank, seems uncomfortable with the Financial Services Commission, the country’s regulator, having the mandate over the cryptocurrency industry. The bank is pushing for more say, arguing crypto can influence the stability of the overall financial market and that involves the central bank.

• 2023-05-15
• South Korea financial authorities Bank of Korea central bank cryptocurrency crypto regulations volatile industry financial stability

Bitcoin treads water, other crypto retreat ahead of U.S. Fed’s decision on interest rates

Bitcoin traded flat below US$28,000 on Tuesday morning in Asia. Most other top cryptocurrencies retreated ahead of a U.S. decision on interest rates.

• 2023-03-21
• Federal Reserve bank failures Polkadot U.S. Solana financial authorities crypto regulations Bitcoin Signature Bank