Bitcoin24h $77,558.88+2.15%

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Venture capitalists, not Operation Chokepoint 2.0, blamed for SVB crash

Silicon Valley Bank focused on two risky industries, VC and crypto. Poor diversification, not Operation Chokepoint 2.0, caused its collapse.

Crypto.com fined $3M by Dutch Central Bank over ‘severe’ violations

The Dutch Central Bank fined Crypto.com after the exchange failed to register for two years, breaking money laundering and terrorist financing laws.

The HyperVerse scheme was referred by the Australian Securities and Investments Commission to police in 2020 for “possible fraud offences.”

New proposals aim to address concerns about illegal outflows of domestic funds, made possible via crypto exchanges and speculative activities.

The EBA and other top finance watchdogs will investigate banks’ exposure to non-banks, including hedge funds and crypto.