Following the collapse of the FTX exchange, the FTT token collapsed by more than 80% and wiped away over $2 billion in customer value.
Crypto Law Articles
Billionaire Bitcoiner slams UK tax system, leaves for Swiss Bitcoin city: Report
Christian Angermayer claimed the United Kingdom’s latest tax proposal for non-doms would be a “huge mistake” and be “a bigger act of national self-harm than Brexit.”
Former Chinese finance minister urges crypto study after US Bitcoin ETF shift
Lou Jiwei stressed that China must assess cryptocurrency developments, particularly as the US shifts policy on Bitcoin ETFs.
Digital Asset, DTCC complete collateral tokenization pilot
The project aimed for speed, privacy and legal compliance while using highly accessible and desirable US Treasury bonds as a collateral asset.
Kamala Harris leading in 4 of 6 swing states on Polymarket
According to the current Polymarket odds, 77% of participants believe Vice President Kamala Harris is favored to win the popular vote.
Kamala Harris finally breaks silence on crypto: Report
Kamala Harris has spoken publicly about crypto for the first time, pledging support for the industry while stressing consumer protections.
US judge slaps $36M fine on man for 5-year crypto investor fraud
The court order demands approximately 85% of the significant fine to be paid back to victims of William Koo Ichioka’s fraudulent scheme.
IMF staff propose REDI framework to catalyze CBDC adoption
IMF staff members have introduced a high-level four-stage framework emphasizing regulation, education, design and incentives to enhance CBDC adoption.
African economies show high potential for digital asset adoption
South Africa emerges as a leading digital asset hub, driving growth in crypto with proactive regulations and expanding platforms like VALR.
Trump buys burgers with BTC, Arthur Hayes skeptical on rate cut, and more: Hodler’s Digest, Sept. 15 – 21
Donald Trump becomes the first former United States president to use crypto in a transaction, Arthur Hayes thoughts on rate cut: Hodler’s Digest
Bank of Canada says no to retail CBDC in reshuffling of priorities
Regulating and speeding up payments without a CBDC are more important to the Canadian central bank.
AI may lead to inflationary pressures: Bank of Canada
Bank of Canada Governor Tiff Macklem highlighted the potential risks AI poses to inflation and financial stability in the short term.