IMF working paper proposes country-level assessment matrix for crypto risks
    03 Oct 2023
    3,984 Views

    The matrix aims to identify potential risks associated with the crypto space and policy responses for regulators. A working paper published by the International Monetary Fund (IMF) proposed a count vulnerabilities and potential policy responses for the crypto sector. On Sept. 29, the IMF published a working paper titled “Assessing Macrofinancial Risks from Crypto Assets.” Within the paper,…

    Class-action suit filed against Binance for alleged harm to FTX before its collapse
    03 Oct 2023
    188 Views

    A California resident is suing Binance and its CEO for tweets last November that, according to allegations, led to the collapse of the rival exchange. A class-action suit was filed against Binance.US and Binance CEO Changpeng Zhao on Oct. 2 in the District Court of Northern California alleging various violations of federal and California law on unfair…

    Ethereum futures ETFs garner lukewarm reception on first day of trading
    03 Oct 2023
    200 Views

    Day one trading volume across all nine products stood at less than $2 million. The rush of excitement that accompanied the launch of nine new Ethereum futures exchange-traded funds (ETFs) appears to have yielded little in the way of investment dollars in comparison. On Oct. 2, nine new ETF products, which are designed to track…