Updated Trading News

Morgan Stanley: Falling Stablecoin Issuance Is Negative Sign for Crypto Trading
Morgan Stanley: Falling Stablecoin Issuance Is Negative Sign for Crypto Trading

U.S. regulatory efforts are likely to focus on stablecoin regulation, the report said.

Crypto’s Football Fan Tokens Prove An Own Goal For Many
Crypto’s Football Fan Tokens Prove An Own Goal For Many

A new study from TradingBrowser.com, a crypto exchange review site, looks at Soccer Fan Tokens, NFTs that allow team fans to show their support and hopefully reap some benefits now and in the future. The story is not a happy one.

SEC to Make it Harder for Hedge Funds to Work With Crypto Firms: Bloomberg
SEC to Make it Harder for Hedge Funds to Work With Crypto Firms: Bloomberg

The rule change would make it harder for crypto firms to become "qualified custodians," according to the report.

UK Financial Regulator Takes Enforcement Action Against Crypto ATM Operators
UK Financial Regulator Takes Enforcement Action Against Crypto ATM Operators

The financial watchdog has teamed up with West Yorkshire Police to tackle crypto ATM operators in the city of Leeds

Pantos, Multichain Token System Backed by Crypto Exchange Bitpanda, Starts Beta Version
Pantos, Multichain Token System Backed by Crypto Exchange Bitpanda, Starts Beta Version

The launch by Pantos, backed by the Austrian crypto exchange Bitpanda, follows a $12.1 million initial coin offering in 2018.

FTX promised students in Africa up to 40% commission for getting their friends to trade on the now-bankrupt crypto exchange
FTX promised students in Africa up to 40% commission for getting their friends to trade on the now-bankrupt crypto exchange

Failed crypto exchange FTX recruited students in Nigeria to enlist friends and classmates to trade on its platform, saying they had a chance of big commission.

Elizabeth Warren cultivates anti-crypto coalition
Elizabeth Warren cultivates anti-crypto coalition

Warren is zeroing in on national security concerns as her focus for potential crypto legislation, even as she raises red flags about a host of issues in the space, from consumer protections to environmental impact.

Layoffs Hit Solana NFT Marketplace Magic Eden, Sheds 22 Employees
Layoffs Hit Solana NFT Marketplace Magic Eden, Sheds 22 Employees

The digital collectible giant announced the reduction in workforce as part of a restructuring.

What is artificial intelligence going to do to our brains?
What is artificial intelligence going to do to our brains?

Artificial intelligence is supposed to help us. But how are we supposed to trust what it tells us? The post What is artificial intelligence going to do to our brains? appeared first on Crikey.

Fallout of Crypto Binance Stablecoin (BUSD) Regulation Spills Over to DeFi
Fallout of Crypto Binance Stablecoin (BUSD) Regulation Spills Over to DeFi

Paxos Trust Co.’s move to halt issuing more of the Binance-branded stablecoin BUSD amid pressure from US regulators is trickling down into the world of decentralized finance.

Biden to Name Fed Vice Chairwoman Lael Brainard as Top Economic Adviser: Bloomberg
Biden to Name Fed Vice Chairwoman Lael Brainard as Top Economic Adviser: Bloomberg

Brainard has been leading the U.S. Federal Reserve's work on a potential digital dollar and has been minding the store on crypto policy discussions until the central bank appoints its permanent vice chair for supervision.

First Mover Asia: Binance BNB Token Plunges, Bitcoin Holds Near $21.8K Amid US Regulatory Uproar
First Mover Asia: Binance BNB Token Plunges, Bitcoin Holds Near $21.8K Amid US Regulatory Uproar

ALSO: U.S. financial regulators' recent crackdown on Binance's BUSD stablecoin and other recent events underscore why Asia is a more likely global hub for digital assets.

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