Updated Crypto Oversight Bill Introduced by U.S. House, Incorporating Modifications Made since June Draft

Updated Crypto Oversight Bill Introduced by U.S. House, Incorporating Modifications Made since June Draft

U.S. House Republicans introduce the “Financial Innovation and Technology for the 21st Century Act” bill to regulate the crypto sector, raising concerns about its impact on DeFi platforms. Key Points U.S. House Republicans have introduced a new bill aimed at regulating the crypto sector and protecting investors. The “Financial Innovation and Technology for the 21st…

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U.S Senators called Silvergate Capital Corp over the Allegations of Misuse of Customer Funds by FTX

U.S Senators called Silvergate Capital Corp over the Allegations of Misuse of Customer Funds by FTX

U.S. Senators are calling on Silvergate Capital Corp to provide answers and explanations over the allegations of misuse of customer funds by cryptocurrency exchange FTX, highlighting a grave concern for consumer protection. Their demand has raised eyebrows across the financial industry with many questioning why Silvergate, which prides itself on providing secure banking services, failed…

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