CFTC commissioner asks Senate not to permit exchange self-certification

CFTC Commissioner Christy Goldsmith Romero has asked the U.S. Senate to tighten a piece of crypto regulation, according to a Jan. 18 report from the Wall Street Journal. Commissioner warns against self-certification... Read more »

Spanish central bank approves digital Euro token EURM

El Banco de España (Central Bank of Spain) has authorized testing of a digital Euro token EURM. The token will be issued by Spanish fintech Monei and was developed within the central... Read more »

Alameda’s $65B ‘backdoor’; Thailand’s digital wallet system

The biggest news in the cryptoverse for Jan. 17 saw court proceedings reveal that Alameda Research had a $65 billion artificial credit line at FTX. Meanwhile, Thailand has created a mandate that... Read more »

Bitcoin mining emissions down 10% as Kazakhstan’s hash rate share decreases

Kazakhstan’s share in the global Bitcoin (BTC) hash rate decreased to 6.4% since the first quarter of 2022, which brought the carbon emissions of the whole network down 10%, according to ClimateTech... Read more »

Digital euro can’t be programmable: Eurogroup

The European Council’s Eurogroup said on Jan. 16 that any eventual digital euro cannot be programmable and must be automatically convertible to traditional assets. Digital euro must not be programmable The Eurogroup... Read more »

FTT surges 48%; other bankrupt tokens also rise

Bankrupt FTX’s native token FTT is one of the best-performing digital assets in the last 24 hours, surging by over 48% to $2.58, according to CryptoSlate’s data. The embattled exchange token has... Read more »

Shift toward Liquid Staking Derivatives expected after ETH Shanghai upgrade

The Ethereum (ETH) Shanghai upgrade is due to release March, enabling withdrawals from beacon chain and allowing ETH currently staked in ETH 2.0 validators to be unstaked. With over 70% of ETH... Read more »

Ex-FTX US president calls SBF insecure, spiteful, and volatile

Former FTX US president Brett Harrison accused FTX founder Sam Bankman-Fried (SBF)of “gaslighting and manipulation” in a Twitter thread on Jan. 14. Harrison left FTX.US in September 2022, two months before SBF’s... Read more »

The Importance of non-custodial solutions & the Nexo Wallet roadmap – SlateCast #47

The head of product for the Nexo wallet, Elitsa Taskova, recently sat down with Akiba, the host of the SlateCast podcast to discuss the company’s new non-custodial wallet. The timing of the... Read more »

The web3 regulatory landscape in the UAE

Irina Heaver, a crypto lawyer based in the Middle East, authored the following guest post. 2022 was an eventful year for the Web3 Founders, crypto lawyers, and Financial Regulators. The industry witnessed... Read more »