Cryptocurrencies News

By Lisa Pauline Mattackal and Medha Singh

(Reuters) – Financial regulators in the Bahamas on Monday appointed liquidators to run FTX’s unit in the country, just days after authorities said they were looking for any “criminal misconduct” by the collapsed crypto exchange.

TOKYO (Reuters) – The European Central Bank (ECB) will probably continue to raise interest rates beyond 2%, but “jumbo” rate hikes will not become a new habit, France’s central bank chief said in a speech in Tokyo on Tuesday.

(Reuters) – FTX founder and former Chief Executive Sam Bankman-Fried said he expanded his business too fast and failed to notice signs of trouble at the exchange, whose downfall sent shock waves through the crypto industry, the New York Times reported late on Monday.

By Vidya Ranganathan SINGAPORE (Reuters) – The fallout from the collapse of crypto exchange FTX kept bitcoin and other cryptocurrencies under pressure on Monday, with market participants worrying about heavy withdrawals at Singapore-based exchange Crypto.com.

(Reuters) – Michael Barr, the Federal Reserve’s top regulatory official, signaled on Monday that stiffer oversight of cryptocurrency is in the offing, after the collapse last week of crypto exchange FTX that sent shock wages through the industry.

LONDON (Reuters) – After major crypto exchange FTX filed for U.S. bankruptcy protection on Friday, the crypto industry is bracing for further fallout.

By Wayne Cole SYDNEY (Reuters) – Asian share markets were taking a breather on Monday after last week’s sweeping rally as a top U.S. central banker warned investors against getting carried away over one inflation number, nudging up bond yields and the dollar.

(Reuters) – Prosecutors with the Manhattan district of New York are probing FTX’s collapse, a source with knowledge of the investigations said on Monday, after the crypto exchange filed for bankruptcy protection last week following a rush of customer withdrawals.

(Reuters) – Cryptocurrency lender BlockFi said on Monday it has significant exposure to Sam Bankman-Fried’s crypto exchange FTX, and associated entities, that last week filed for bankruptcy.

(Reuters) – Recent losses in the cryptocurrency market show the need for cryptocurrencies to be regulated the same way traditional finance is, Fed Vice Chair Lael Brainard said on Monday.

(Reuters) – Digital currency futures and options clearinghouse LedgerX LLC submitted to the U.S. Commodity Futures Trading Commission a formal withdrawal of FTX’s request from December last year that sought to allow the crypto exchange to offer products that are not fully collateralized.

NUSA DUA, INDONESIA (Reuters) – Dominant cryptocurrency exchange Binance’s chief executive Changpeng Zhao called for new but stable and clear regulations for the industry, in light of recent developments and participants “cutting corners”.

By Ankur Banerjee and Vidya Ranganathan SINGAPORE (Reuters) – Singapore-based crypto exchange Crypto.com’s chief executive said the firm will prove all naysayers wrong on the platform being in trouble, and that it has a robust balance sheet and took no risks.

NEW YORK (Reuters) – Visa Inc, the world’s largest payments processor, said on Sunday it was severing its global credit card agreements with collapsed crypto exchange FTX.

(Reuters) – The collapse of FTX is the subject of scrutiny from investigators in the Bahamas, who are looking at whether any “criminal misconduct occurred,” the Royal Bahamas Police said on Sunday.

(Reuters) – Cryptocurrency exchange Binance has stopped accepting deposits of FTX’s FTT token on its platform, its chief executive Changpeng Zhao said on Sunday, urging other rival exchanges to do the same.

By Summer Zhen and Vidya Ranganathan HONG KONG/SINGAPORE (Reuters) – Further details on the bankruptcy of crypto exchange FTX emerged on Saturday, even as peers and partners distanced themselves from the firm and sources told Reuters at least a billion dollars of customer funds on the

(Reuters) – FTX-affiliated crypto trading firm Alameda Research’s Chief Executive Officer Caroline Ellison and senior FTX officials knew that the crypto exchange had lent Alameda its customer funds to help meet liabilities, the Wall Street Journal reported on Saturday.

NEW YORK (Reuters) – FTX founder Sam Bankman-Fried told Reuters on Saturday that he was in the Bahamas, denying speculation on Twitter that he had flown to South America after the exchange filed for bankruptcy and he was removed as chief executive.