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United States lawmakers, including Tom Emmer and Patrick McHenry, wrote a joint letter to the Federal Reserve Bank of Boston regarding allegations that private firms involved in the design of the “hypothetical United States Central Bank Digital Currency (CBDC)” were gaining an unfair advantage. The post US lawmakers question private firms' role in development of CBDC appeared first on CryptoSlate.

https://cryptoslate.com/us-lawmakers-question-private-firms-role-in-development-of-cbdc/

United States lawmakers, including Tom Emmer and Patrick McHenry, wrote a joint letter to the Federal Reserve Bank of Boston regarding allegations that private firms involved in the design of the “hypothetical United States Central Bank Digital Currency (CBDC)” were gaining an unfair advantage. The post US lawmakers question private firms' role in development of CBDC appeared first on CryptoSlate.

https://cryptoslate.com/us-lawmakers-question-private-firms-role-in-development-of-cbdc/

Unhealthy management overcomes extreme market conditions

https://en.cryptonomist.ch/2022/12/02/failures-crypto-world/

The CEO of a South Korean crypto exchange who was found guilty of murdering his lover by stabbing her and pushing her out of a 19th-storey apartment window has had his appeal rejected – and will serve 25 years in prison.

https://cryptonews.com/news/south-korean-crypto-exchange-ceo-serve-25-years-jail-after-appeal-fails.htm

Turmoil in the cryptocurrency industry has rattled major exchanges and sent the value of digital assets tumbling, but at least one group stands to gain: bankruptcy lawyers.

https://www.reuters.com/technology/crypto-meltdown-boon-bankruptcy-lawyers-2022-12-02/

The partnership will see several Web 3.0 companies gain more uses and increase the usability of their products and services.

https://www.coinspeaker.com/fintech-stripe-crypto-on-ramp/

The global digital asset industry dropped under the crucial $1 trillion market cap following the horrible collapse of the Sam Bankman-Fried (SBF) FTX. The crypto exchange collapsed due to a massive $8 billion liquidity crunch.

https://coingape.com/?p=129518

Italy's crypto gains taxation update comes barely weeks after Portugal unveiled its tax plans for digital assets.

https://www.coinspeaker.com/italy-tax-crypto-gains-2023/

Advertisers and influencers alike struggle in the ongoing crypto winter.

https://dailycoin.com/ftx-crash-cuts-into-crypto-advertisers-bottom-line/

It would mark a rare case of FTX crypto investors recovering funds locked in since early November, when the now-bankrupt exchange ran into trouble.

https://markets.businessinsider.com/news/currencies/crypto-ftx-collapse-japan-customers-money-frozen-funds-start-withdrawals-2022-12

Cointelegraph's editor-in-chief Kristina Cornèr moderated a panel discussion on DeFi's future among market dynamics, cyberattacks and regulatory uncertainty.

https://cointelegraph.com/news/p2p-financial-systems-panel-crypto-core-values-and-transparency-are-critical-for-defi

There is a favorable uptrend in altcoins this week. Chainlink, Fantom, Dogecoin, Huobi Token, and ApeCoin are among the best performing cryptocurrencies this week. Fantom and other cryptocurrencies perform best when they break through more resistance areas. Let us discuss the following points now.

https://coinidol.com/market-analysis-altcoins-upward/

According to OpenSea, creators who sold NFTs on the platform earned a total of $1.1 billion this year, with 80 percent of that sum going to collections outside the top 10.

https://crypto.news/opensea-nft-creators-earned-over-1-billion-in-royalties/

Though some crypto firms operate in New York with a BitLicense, many including NYC Mayor Eric Adams have criticized the licensing regime as a difficult barrier to cross.

https://cointelegraph.com/news/nydfs-proposes-regulation-to-assess-costs-of-supervision-and-examination-for-licensed-crypto-firms

In this episode of The Scoop, Cowen Digital managing director and head Drew Forman explains how the crypto industry can rebuild in the wake of FTX's meltdown, as well as what it will take to repair trust in the space among institutional investors. The post Why regulatory clarity may be a silver lining to the FTX crisis appeared first on The Block.

https://www.theblock.co/post/190716/why-regulatory-clarity-may-be-a-silver-lining-to-the-ftx-crisis