Bloomberg Crypto
Regrets? A small US bank transformed itself into a firm known for providing services to major crypto clients like @Coinbase and @Gemini — and @FTX_Official. Now Silvergate is wondering whether the experiment was worth it 👇https://www.bloomberg.com/news/articles/2022-12-09/an-obscure-bank-found-its-key-to-success-then-ftx-collapsed via @business @crypto
Coinbase will waive fees for converting Tether’s stablecoin USDT for the token Coinbase backs, USDC https://trib.al/FN2jwDv
The downfall of crypto maven Sam Bankman-Fried is prompting a re-examination of the implosion of the Terra stablecoin ecosystem that erased $40 billion in market value https://www.bloomberg.com/news/articles/2022-12-08/mystery-of-terra-ust-collapse-deepens-with-possible-ftx-role-raised via @business
The EU proposes new rules to combat tax fraud and evasion in the crypto sector by requiring all digital asset service providers to report transactions involving customers within the bloc https://www.bloomberg.com/news/articles/2022-12-08/eu-aims-to-require-crypto-providers-to-report-transaction-data via @business
🚨Exclusive🚨Amber Group, one of Asia’s leading crypto trading and lending platforms, is cutting over 40% of jobs, scrapping retail operations and terminating a sponsorship deal with @ChelseaFC 🐋👇https://www.bloomberg.com/news/articles/2022-12-09/crypto-s-amber-to-end-chelsea-sponsorship-axe-over-40-of-jobs-in-ftx-fallout via @markets @crypto
What's the next big trend in tech?
@John_Stepek has some thoughts ⬇️ https://trib.al/9TyRN0f
Publicly traded companies exposed to the “crypto winter” might have to disclose those details to investors under new guidance from the SEC https://trib.al/n1wCnTf
First came the FTX crypto collapse, now come the hearings. And no one is safe from scrutiny, writes @allyversprille in the Bloomberg Crypto newsletter https://trib.al/QsH5dl6
Miami is leaving Sam Bankman-Fried’s FTX saga behind and tossing any leftover remnants into trash bags -- literally https://trib.al/sxbA6gw
The EU proposed new rules to combat tax fraud and evasion in the crypto sector by requiring all digital asset service providers to report transactions involving customers within the bloc https://trib.al/BXU0vFV