Global financial watchdogs are set to lay out a firm framework to regulate the crypto industry in early 2023 and implement it quickly. The secretary-general of the Financial Stability Board (FSB), Dietrich Domanski, told The FT there is ‘strong agreement’ on a framework for digital asset rules. While the EU, the UAE, and other countries…

The Royal Bahamas Police Force arrested FTX founder Sam Bankman-Fried, following the US authorities filed criminal charges against him. The Bahamas intends to extradite Bankman-Fried after US officials request it. Meanwhile, the “surprising” arrest comes just a day before a scheduled hearing before the US House Financial Services Committee hearing on the FTX collapse, “disappointing”…

Illuvium Labs has launched a private beta for “Illuvium: Overworld” – the second of six Web3 games the team has planned over the next two decades. An alpha release of “Illuvium: Zero” could also be rolled out before Christmas. A new game for Illuvium Labs has gone live for the 30,000 lucky community members selected…