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The Latest Breaking News on Crypto

FTX founder heads to court after judge rejects bail request

FTX founder Sam Bankman-Fried will be in a New York courtroom Thursday for a bail-related hearing despite his lawyers claims that they've settled their differences with prosecutors

The Independent UK

NYC judge refuses to sign off on new bail terms reached between Sam Bankman-Fried and the feds

NEW YORK — A Manhattan judge rejected a request Tuesday from embattled crypto entrepreneur Sam Bankman-Fried to modify the conditions of his $250 million bail.

Tribune News Service

IRD wants visibility of crypto assets

Greater visibility over who in New Zealand owns cryptocurrency would reduce tax avoidance, tax officials told the Revenue Minister.

Newsroom.co.nz

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'Digital pound' could be launched by the Bank of England - what we know so far

The Bank of England said the "digital pound" would not be "volatile" like cryptocurrencies because it would come from a legislated organisation rather than a private sector

Daily Mirror

Sensex, Nifty decline for 2nd day on selling in FMCG, steel stocks

MUMBAI: Benchmark equity indices sensex and Nifty closed lower for a second straight day on Tuesday due to selling in FMCG, metal and auto shares ahead of the RBI monetary policy.

The Times of India

‘Britcoin’ may be the Bank’s hedge against big tech

Why is the Bank of England designing its own digital currency? Judging by the little they appear to be investing in what is being dubbed Britcoin, one of the more compelling reasons is that the Bank fears big tech and digital currencies could be behind the next financial meltdown —…

Evening Standard

Britcoin? UK gets closer to launching a digital currency

Britcoin is moving closer to reality

The Independent UK

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‘Britcoin’ digital currency could be in use by end of decade

Bank of England and Treasury weigh up issues involved with creating digital pound

The Guardian - UK

Bank of England takes first steps towards digital pound with consultation

The digital currency would be issued by the Bank of England and could be used by households and businesses for everyday payments in-store and online

Evening Standard

The Bank of England’s proposed digital pound: what does it mean?

The Bank of England has begun a consultation on the introduction of its own digital pound as it seeks to gain a foothold in the unwieldy world of cryptocurrencies and stablecoins.

Evening Standard

Bangkok lauded as global hub for cryptocurrencies

Bangkok has emerged as the world's 10th largest crypto hub, according to new research from cryptocurrency tax software company Recap.

Bangkok Post

Bankrupt FTX exchange asks for its political donations to be returned

Cryptocurrency exchange and its debtors seek refund of money donated by company’s founder Sam Bankman-Fried

The Guardian - US

Australian losses to online marketplace fraud increase as scams become increasingly sophisticated

Consumer groups say online platforms like Facebook Marketplace and Gumtree need to do more to keep customers safe

The Guardian - AU

Washington turns hostile on crypto

The White House is closing a door the industry fought hard to open.

Axios

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Axios

FTX asks for its political donations back

FTX's debtors are confidentially contacting "political figures, political action funds and other recipients."

Daily Mirror

Crypto traders with 'hundreds of thousands' on line seek rehab help for addiction

People caught up in the frenzy of impulsive crypto trading face symptoms similar to other types of addictions and may turn to rehabilitation clinics for support

The Times of India

Indian crypto exchange WazirX moves funds after Binance cuts off service

Indian crypto exchange WazirX said it was transferring funds held with Binance for its operations to other wallets after Binance said it was cutting off the service, the latest in a running dispute between the two companies over their relationship.

WEKU

The new global gold rush

After decades of being seen as a go-nowhere investment, investors are taking a shine to gold again.

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AAP

Government moves to tighten rules for crypto

Crypto-curious Aussies will have stronger safeguards after the federal government announced measures it says will protect consumers.

ABC News

Money laundering syndicate believed to be linked to crime boss George Marrogi is broken up

Police in Victoria say 24 people have been charged with offences after a money laundering syndicate linked to Middle Eastern organised crime was broken up.

Bangkok Post

Steps needed to utilise China

Entrepreneurs are urging the government to launch new measures to develop logistics and equip them with better capabilities to compete with foreign rivals following the reopening of China, according to the latest survey by the Federation of Thai Industries (FTI).

The Independent UK

Digital pound has ‘risks but no obvious benefits’, says ex-Bank of England chief

Lord King of Lothbury stresses the need to be selective and ‘not driven by a misplaced enthusiasm for all things crypto’.

The Independent UK

Targeting Iran, US tightens Iraq's dollar flow, causing pain

In recent weeks, Iraq’s currency has taken a plunge, largely as a result of newly imposed measures that have restricted dollar transfers from the United States

ABC News

Black and White Cabs booking service offline after cyber attack

The company says a CryptoLocker virus has infiltrated its network, and it has reported the attack to the Australian Cyber Security Centre.

The Times of India

Bitcoin jumps to highest since August in post-Fed crypto rally

Bitcoin hit the highest since August as investors interpreted Federal Reserve Chair Jerome Powell’s comments about progress on inflation as a sign that a less harsh monetary policy backdrop lies ahead.

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