# Thai SEC intends to ban crypto lending in the country

# Thai SEC intends to ban crypto lending in the country

” Thai SEC intends to ban crypto lending in the country “ The Securities and Exchange Commission (SEC) of Thailand is preparing to take radical measures in the aftermath of crypto lending platforms’ crashes experienced in Summer 2022. Thai SEC plans to prohibit crypto platforms from providing or supporting digital asset depository services.  The announcement,…

Read More
# Vermont’s financial regulator alleges Celsius and its CEO made ‘false and misleading claims’

# Vermont’s financial regulator alleges Celsius and its CEO made ‘false and misleading claims’

” Vermont’s financial regulator alleges Celsius and its CEO made ‘false and misleading claims’ “ The ​​Vermont Department of Financial Regulation, or DFR, alleged crypto lending platform Celsius Network and CEO Alex Mashinsky misled state regulators about the firm’s financial health and its compliance with securities laws. In a Wednesday filing with the U.S. Bankruptcy…

Read More
# Celsius countersues KeyFi, claims deceit and incompetence led to tens of millions in losses

# Celsius countersues KeyFi, claims deceit and incompetence led to tens of millions in losses

” Celsius countersues KeyFi, claims deceit and incompetence led to tens of millions in losses “ Bankrupt crypto lending company Celsius countersued decentralized finance (DeFi) protocol KeyFi and its CEO Jason Stone on Tuesday in the United States Bankruptcy Court claiming Stone misrepresented himself as an expert in DeFi, and that Stone and KeyFi hadlost…

Read More
# 3 reasons why Bitcoin’s drop to K and the market-wide sell-off could be worse than you think

# 3 reasons why Bitcoin’s drop to $21K and the market-wide sell-off could be worse than you think

” 3 reasons why Bitcoin’s drop to $21K and the market-wide sell-off could be worse than you think “ On Friday, August 19, the total crypto market capitalization dropped by 9.1%, but more importantly, the all-important $1 trillion psychological support was tapped. The market’s latest venture below this just three weeks ago, meaning investors were…

Read More