FTX continues to exclude Nigeria and China in remaining creditor repayments but includes Payoneer
FTX adds Payoneer as a creditor repayment option but continues to exclude Nigeria and China. The exchange has repaid $7 billion to creditors, with smaller claims fully repaid. Larger creditors face limits, and key markets remain sidelined.
UK FCA Creates New Deputy Chief Executive Role to Oversee Regulation of Stablecoin and Crypto Firms – News Bytes Bitcoin News
The UK FCA has appointed Sarah Pritchard as Deputy Chief Executive to oversee expanded responsibilities, including stablecoin and crypto firm regulation.
Peter Thiel’s Crypto Firm Bullish Files for US IPO – Coinspeaker
Bullish, a crypto exchange backed by Peter Thiel, has filed for a confidential US IPO with Jefferies as lead underwriter. The move follows successful listings by Circle and eToro amid growing crypto IPO interest.
Crypto asset reserve bill lands in Ukraine’s parliament
Ukraine’s parliament introduced a bill allowing the National Bank to include cryptocurrencies like Bitcoin in state reserves, aiming to boost macroeconomic stability and digital economy growth.
Report: Bullish Exchange Files for US IPO Amid Rising Demand for Crypto Stocks – News Bytes Bitcoin News
Bullish cryptocurrency exchange files for a US IPO amid growing investor interest in crypto stocks, submitting confidential paperwork to the SEC.
Connecticut Passes Bill to Ban State Investment in Bitcoin
Connecticut has passed a bill banning state investment in Bitcoin and digital assets, updating money transmission laws to include crypto regulations and requiring risk disclosures.
Rep. Timmons asks SEC for docs on agency’s past approach to Ethereum
Rep. Timmons requests SEC documents on Ethereum’s regulatory status under Gensler, highlighting inconsistent policies and their impact on crypto markets.
US House Financial Services Committee advances crypto CLARITY Act
The US House Financial Services Committee advanced the CLARITY Act, a crypto market structure bill, to the full House floor. It aims to establish regulatory clarity for digital assets and protect user rights.
South Korea Moves Forward With Crypto Regulation, Eyes Stablecoin Oversight
South Korea proposes the Digital Asset Basic Act to regulate crypto assets, focusing on stablecoin licensing and investor protection, aligning with global regulatory trends.
Elite Footballers Named in $3.4 Million Crypto Fraud Case – Decrypt
Six elite footballers, including World Cup winners, are under investigation for promoting Shirtum, a crypto project accused of defrauding investors of $3.4 million through NFTs tied to image rights.
