MiCA proponent cites FTX in advocating for regulation: ‘Crypto assets are not play money’
“With a global MiCA, the FTX crash would not have happened,” said European Parliament economics committee member Stefan Berger.
“With a global MiCA, the FTX crash would not have happened,” said European Parliament economics committee member Stefan Berger.
Binance faces far less competition in the aftermath of FTX’s fall, but it still may not win a surge in new users.
Pages for the quantitative trading firm and the venture capital arm have been taken offline and made private.
Political newcomer and Bitcoin holder J.D. Vance will take Rob Portman’s U.S. Senate seat in Ohio, but majority control of both chambers of Congress has yet to be decided.
South Korea’s central bank has tested purchasing NFTs with their central bank digital currency (CBDC).
Temasek invested in a series of FTX’s round findings that led to its $32 billion valuation in January.
The largest franchise in the world, Subway, is testing out the Lightning Network layer-2 Bitcoin payments solution and receiving encouraging results in Berlin, Germany.
The firm withdrew its remaining balance from FTX at the 11th hour and topped weekly fund outflows from the troubled exchange.
BTC and altcoins continue to sell-off, hitting new yearly lows as the collapse of FTX begins to drastically impact investors across the entire crypto market.
Further losses come in step with confusion over the future of FTX under Binance, while CPI data looms on the horizon.