Pennsylvania State University Dickinson Law Professor Tonya Evans discusses why the ecosystem is in need of thoughtful regulation from lawmakers on Capitol Hill.
An arrest warrant for Do Kwon, another co-founder, remains in effect, however.
After Meta Platforms (META) famously riled up U.S. regulators with Facebook’s abortive stablecoin initiative, the company is back with an effort to influence digital policy – this time for the metaverse – but it’s charting a less aggressive course.
The collapse was described as the "fastest big corporate failure in American history," in a court filing.
Member of Parliament Lisa Cameron’s cross-party group for digital assets is working to ensure crypto regulations remain apolitical amid all the changes in leadership.
EU approval processes of 18 months can be sped up if there are concerns that FTX might topple, CoinDesk was told.
Crypto companies say the city’s Virtual Assets Regulatory Authority has promised a regulatory framework before year end.
Finance ministers from across the world are due to examine crypto regulations next week – but they may shy away from exploring DeFi.
The time it takes to register a firm depends on the quality of the information provided to the Financial Conduct Authority, the regulator told CoinDesk.