Banks Must Disclose Crypto Holdings, Says Basel Committee
Basel Committee for international banking supervision is part of the Bank of International Settlement comprising 45 members from 28 nations. The committee has recently issued...
FTX Creditors Set for $9B Disbursement by Mid-2024
The bankrupt crypto exchange FTX unveiled a revised plan to return over 90% of creditors' claims. A recent pronouncement by the chief restructuring executive John...
Australian Treasury Set to Regulate Crypto Exchanges, Makes Operating License Mandatory
The Australian Treasury has, in a recent consultation paper, obligates crypto exchanges to obtain financial services licensing from the local regulator. The Monday, October 16...