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Coatue also marked down its stake in MoonPay by 90%[/]
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Three new blockchain-based payments corridors will open between Onafriq users in Africa and customers of PayAngel in the U.K., Pyypl in the Gulf Cooperation Council (GCC), and Zazi Transfer in Australia, according to an announcement Wednesday at Swell, Ripple’s annual conference, in Dubai.
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The blockchain indexing protocol released a new roadmap to add features, in one of the project’s biggest upgrades since a $50 million fundraising in 2022.[/]
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tktk[/]
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In the wake of FTX, regulatory concerns have intensified, spotlighting the need for stricter oversight of exchanges, enhanced consumer protection and a global standard to curb regulatory arbitrage. The collapse has sparked industry debates on the risks of centralized platforms, emphasizing the need for better risk management and a potential shift towards decentralized exchanges all while impacting market stability and investor confidence and necessitating steps to rebuild trust.
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A proposed rule would let the CFPB supervise nonbank payment providers and transactions between people, including some crypto transactions.[/]
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In recent years, Behnam’s agency has routinely been held up in crypto circles as the preferred U.S. regulator. Industry insiders have suggested its handling of digital assets is much more reasonable than its sister agency, the Securities and Exchange Commission (SEC.) But while the CFTC’s reach and staff may be more limited than the SEC’s, its enforcement preferences reveal that crypto is in its crosshairs.
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Bankman-Fried’s fate illustrates that the crypto world, like any other, is not immune to dishonesty and deception. Furthermore, it emphasises the importance of transparency, ethical conduct and accountability in this nascent landscape and the consequences of unethical practices and the negative impact they can have on the entire ecosystem.
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Sam Bankman-Fried's Wildest, Craziest, Dumbest Trades[/]
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